Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 28, 2025

Goodwill and Intangible Assets

Schedule of goodwill of companies acquired

	Global
(thousands)	Components		Global ECS		Total
Balance as of December 31, 2024 (a)	$	902,445	$	1,152,850	$	2,055,295
Foreign currency translation adjustment		17,189		51,510		68,699
Balance as of June 28, 2025 (a)	$	919,634	$	1,204,360	$	2,123,994

(a) The total carrying value of goodwill as of June 28, 2025 and December 31, 2024, in the table above is reflected net of $1.6 billion of accumulated impairment charges, of which $1.3 billion was recorded in the global components reportable segment and $301.9 million was recorded in the global ECS reportable segment.

Schedule of intangible assets, net

Intangible assets, net, are comprised of the following as of June 28, 2025:

	Gross
	Carrying		Accumulated
(thousands)	Amount		Amortization		Net
Customer relationships	$	192,715	$	(118,891)	$	73,824
Amortizable trade name		74,001		(61,273)		12,728
	$	266,716	$	(180,164)	$	86,552

Intangible assets, net, are comprised of the following as of December 31, 2024:

	Gross
	Carrying		Accumulated
(thousands)	Amount		Amortization		Net
Customer relationships	$	215,366	$	(133,927)	$	81,439
Amortizable trade name		74,001		(58,734)		15,267
	$	289,367	$	(192,661)	$	96,706