Intangibles

6 Months Ended

Jun. 28, 2025

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

Intangibles

Intangible assets consist of the following (in thousands):

	June 28, 2025					December 28, 2024
	Estimated Weighted Avg Remaining Life	Gross Carrying Amount		Accumulated Amortization		Estimated Weighted Avg Remaining Life	Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer relationships	6.0	$	862,684	$	(615,778)	6.4	$	850,540	$	(581,301)
Backlog	0.1	2,197		(2,037)		0.3	2,192		(804)
Developed technology	7.1	101,677		(56,144)		7.4	98,921		(51,737)
		$	966,558	$	(673,959)		$	951,653	$	(633,842)
Indefinite-lived assets:
Trademarks and tradenames		$	1,321,421				$	1,293,226

The aggregate intangible amortization expense was $15.4 million and $16.2 million for the three months period ended June 28, 2025 and June 29, 2024, respectively. The aggregate intangible amortization expense was $31.4 million and $33.6 million for the six months period ended June 28, 2025 and June 29, 2024, respectively. The estimated future amortization expense of intangible assets is as follows (in thousands):

 

Twelve Month Period coinciding with the end of the company's Fiscal Second Quarter	Amortization Expense
2026	$	58,976
2027	52,355
2028	44,637
2029	39,003
2030	34,240
Thereafter	63,388
	$	292,599