GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying value of goodwill by reportable segment for the three months ended March 31, 2024 are as follows:

	North America Confectionery		North America Salty Snacks		International		Total
Balance at December 31, 2023	$	2,020,831	$	657,001	$	18,218	$	2,696,050
Foreign currency translation	(2,379)		—		250		(2,129)
Balance at March 31, 2024	$	2,018,452	$	657,001	$	18,468	$	2,693,921

The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:

	March 31, 2024				December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Intangible assets subject to amortization:
Trademarks	$	1,701,943	$	(261,564)	$	1,703,029	$	(249,947)
Customer-related	513,194		(130,187)		513,910		(123,282)
Patents	8,054		(8,054)		8,233		(8,233)
Total	2,223,191		(399,805)		2,225,172		(381,462)
Intangible assets not subject to amortization:
Trademarks	35,666				35,519
Total other intangible assets	$	1,859,052			$	1,879,229

Total amortization expense for the three months ended March 31, 2024 and April 2, 2023 was $19,554 and $19,177, respectively.