Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jan. 01, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

Goodwill and other intangible assets included in the Consolidated Balance Sheets consisted of the following (in thousands):

	January 1, 2022		January 2, 2021
Goodwill	$	297,339	$	292,434
Definite-lived intangible assets	147,627		139,863
Indefinite-lived intangible assets	26,536		26,599
Total goodwill and other intangible assets	$	471,502	$	458,896

Schedule of Goodwill

The changes in the carrying amount of goodwill, by reporting segment, are as follows (in thousands):

	Workplace Furnishings		Residential Building Products		Total
Balance as of December 28, 2019
Goodwill	$	128,677	$	186,662	$	315,339
Accumulated impairment losses	(44,376)		(143)		(44,519)
Net goodwill balance as of December 28, 2019	$	84,301	$	186,519	$	270,820
Goodwill acquired during the year	39,800		10,314		50,114
Impairment losses	(28,500)		—		(28,500)
Balance as of January 2, 2021
Goodwill	168,477		196,976		365,453
Accumulated impairment losses	(72,876)		(143)		(73,019)
Net goodwill balance as of January 2, 2021	$	95,601	$	196,833	$	292,434
Goodwill acquired during the year / measurement period adjustments	(6,211)		16,866		10,655
Impairment losses	(5,750)		—		(5,750)
Balance as of January 1, 2022
Goodwill	162,266		213,842		376,108
Accumulated impairment losses	(78,626)		(143)		(78,769)
Net goodwill balance as of January 1, 2022	$	83,640	$	213,699	$	297,339

Schedule of Finite-Lived Intangible Assets by Major Class

The table below summarizes amortizable definite-lived intangible assets, which are reflected in "Goodwill and Other Intangible Assets" in the Corporation’s Consolidated Balance Sheets (in thousands):

	January 1, 2022						January 2, 2021
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Software	$	196,754	$	102,072	$	94,682	$	182,127	$	78,619	$	103,508
Trademarks and trade names	14,264		4,600		9,664		9,964		3,546		6,418
Customer lists and other	109,635		66,354		43,281		91,002		61,065		29,937
Net definite-lived intangible assets	$	320,653	$	173,026	$	147,627	$	283,093	$	143,230	$	139,863

Finite-lived Intangible Assets Amortization Expense

Amortization expense is reflected in "Selling and administrative expenses" in the Consolidated Statements of Comprehensive Income and was as follows (in thousands):

	2021		2020		2019
Capitalized software	$	23,649	$	19,313	$	18,130
Other definite-lived intangibles	$	6,507	$	4,950	$	6,275

Schedule of Expected Amortization Expense Table

Based on the current amount of intangible assets subject to amortization, the estimated amortization expense for each of the following five fiscal years is as follows (in millions):

	2022		2023		2024		2025		2026
Amortization expense	$	29.9	$	25.7	$	21.4	$	18.9	$	16.6

Schedule of Indefinite-Lived Intangible Assets

These indefinite-lived intangible assets are reflected in "Goodwill and Other Intangible Assets" in the Consolidated Balance Sheets (in thousands):

	January 1, 2022		January 2, 2021
Trademarks and trade names	$	26,536	$	26,599