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Acquisitions, Goodwill and Intangible Assets
9 Months Ended
Sep. 28, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Acquisitions, Goodwill and Intangible Assets Acquisitions, Goodwill and Intangible Assets
In the third quarter of 2024, we exercised our option to acquire the remaining 49% of shares of Colsof, of which we now own 100%, and paid cash of $21,846.
Earn-out and Holdback Liabilities
Earn-out liabilities for the Thirty-Nine Weeks Ended September 28, 2024 decreased by $1,254 to $3,137. Holdback liabilities for the Thirty-Nine Weeks Ended September 28, 2024 decreased by $111 to $0.
Finite-lived Identifiable Intangible Assets
Finite-lived identifiable intangible assets are amortized over their remaining estimated useful lives ranging up to 13 years with the predominant amounts having lives of 10 to 13 years. The gross carrying amounts of finite-lived identifiable intangible assets are $1,106,927 and $1,106,751 at September 28, 2024 and December 30, 2023, respectively, and the net carrying amounts of finite-lived identifiable intangible assets by type are as follows:
 September 28, 2024December 30, 2023
Customer and vendor relationships$436,466 $474,080 
Tradename and trademarks336,822 358,228 
Software and developed technology41,562 48,125 
 Total Intangible assets, net$814,850 $880,433 
Amortization expense was $21,771 and $21,790 for the Thirteen Weeks Ended September 28, 2024 and Thirteen Weeks Ended September 30, 2023, respectively, and $65,265 and $65,313 for the Thirty-Nine Weeks Ended September 28, 2024 and Thirty-Nine Weeks Ended September 30, 2023 , respectively.