GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 29, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

The activity in goodwill by segment for the thirty-nine weeks ended September 29, 2019 was as follows:

	December 30, 2018		Currency Translation			September 29, 2019
	(In thousands)
U.S.	$	41,936	$	—		$	41,936
U.K. and Europe	782,207		(24,984		)	757,223
Mexico	125,607		—			125,607
Total	$	949,750	$	(24,984	)	$	924,766

Identified intangible assets consisted of the following:

	December 30, 2018			Amortization			Currency Translation			September 29, 2019
	(In thousands)
Carrying amount:
Trade names	$	78,343		$	—		$	—		$	78,343
Customer relationships	247,706			—			(2,782		)	244,924
Non-compete agreements	320			—			—			320
Trade names not subject to amortization	380,067			—			(11,830		)	368,237
Accumulated amortization:
Trade names	(43,552		)	(1,474		)	—			(45,026		)
Customer relationships	(98,441		)	(15,447		)	1,144			(112,744		)
Non-compete agreements	(315		)	(6		)	—			(321		)
Total identified intangible assets	$	564,128		$	(16,927	)	$	(13,468	)	$	533,733

Intangible assets are amortized over the estimated useful lives of the assets as follows:

Customer relationships	5-16 years
Trade names	3-20 years
Non-compete agreements	3 years

At September 29, 2019, the Company assessed if events or changes in circumstances indicated that the aggregate carrying amount of its identified intangible assets subject to amortization might not be recoverable. There were no indicators present that required the Company to test the recoverability of the aggregate carrying amount of its identified intangible assets subject to amortization at that date.