Goodwill and Other Intangible Assets

6 Months Ended

Jun. 29, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

The ending balance and the change in the carrying amount of goodwill for the six months ended June 29, 2025 is as follows:

	Goodwill(1)
	(in thousands)
Balance, at December 29, 2024	$	99,887
Foreign currency translation(2)	11,749
Balance, at June 29, 2025	$	111,636

(1) The goodwill balance is allocated entirely to the AMS reportable segment.

(2) A portion of the goodwill balance is comprised of goodwill denominated in foreign currency attributable to the nora acquisition.

The net carrying value of intangible assets other than goodwill was $51.1 million and $48.3 million at June 29, 2025 and December 29, 2024, respectively.