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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The activity in goodwill by reportable segment for the years ended December 29, 2019 and December 30, 2018 were as follows:
 
December 30, 2018
 
Additions
 
Other
 
Currency Translation
 
December 29, 2019
 
(In thousands)
U.S.
$
41,936

 
$

 
$

 
$

 
$
41,936

U.K. and Europe
782,207

 

 

 
24,000

 
806,207

Mexico
125,607

 

 

 

 
125,607

     Total
$
949,750

 
$

 
$

 
$
24,000

 
$
973,750

 
December 31, 2017
 
Additions
 
Other
 
Currency Translation
 
December 30, 2018
 
(In thousands)
U.S.
$
41,936

 
$

 
$

 
$

 
$
41,936

U.K. and Europe
834,346

 

 
(1,156
)
 
(50,983
)
 
782,207

Mexico
125,607

 

 

 

 
125,607

     Total
$
1,001,889

 
$

 
$
(1,156
)
 
$
(50,983
)
 
$
949,750


Identified intangible assets consisted of the following:
 
December 30, 2018
 
Additions
 
Amortization
 
Currency Translation
 
Reclassification
 
December 29, 2019
 
(In thousands)
Carrying amount:
 
 
 
 
 
 
 
 
 
 
 
     Trade names
$
78,343

 
$

 
$

 
$

 
$

 
$
78,343

     Customer relationships
247,706

 
40,418

 

 
4,154

 

 
292,278

     Non-compete agreements
320

 

 

 

 

 
320

     Trade names not subject to
           amortization
380,067

 

 

 
11,364

 

 
391,431

Accumulated amortization:
 
 
 
 
 
 
 
 
 
 
 
     Trade names
(43,552
)
 

 
(1,966
)
 

 

 
(45,518
)
     Customer relationships
(98,441
)
 

 
(20,920
)
 
(1,120
)
 

 
(120,481
)
     Non-compete agreements
(315
)
 

 
(5
)
 

 

 
(320
)
Total
$
564,128

 
$
40,418

 
$
(22,891
)
 
$
14,398

 
$

 
$
596,053

 
December 31, 2017
 
Additions
 
Amortization
 
Currency Translation
 
Reclassification
 
December 30, 2018
 
(In thousands)
Carrying amount:
 
 
 
 
 
 
 
 
 
 
 
     Trade names
$
79,686

 
$

 
$

 
$

 
$
(1,343
)
 
$
78,343

     Customer relationships
251,952

 

 

 
(5,589
)
 
1,343

 
247,706

     Non-compete agreements
320

 

 

 

 

 
320

     Trade names not subject to
          amortization
403,594

 

 

 
(23,527
)
 

 
380,067

Accumulated amortization:
 
 
 
 
 
 
 
 
 
 

     Trade names
(40,888
)
 

 
(3,287
)
 

 
623

 
(43,552
)
     Customer relationships
(77,194
)
 

 
(22,441
)
 
1,817

 
(623
)
 
(98,441
)
     Non-compete agreements
(307
)
 

 
(8
)
 

 

 
(315
)
Total
$
617,163

 
$

 
$
(25,736
)
 
$
(27,299
)
 
$

 
$
564,128

Additions shown in above table are comprised of a customer relationships intangible asset recorded as part of the Tulip acquisition. The Company valued this asset using the income approach resulting in a fair value of $40.4 million. The intangible asset has a useful life of 11 years. For additional information regarding the initial valuation and assumptions used, refer to “Note 2. Business Acquisitions.”
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

The Company recognized amortization expense related to identified intangible assets of $22.9 million in 2019, $25.7 million in 2018 and $26.4 million in 2017.
The Company expects to recognize amortization expense associated with identified intangible assets of $22.5 million in 2020, $22.5 million in 2021, $22.5 million in 2022 and $21.5 million in 2023, and $20.4 million in 2024.
As of December 29, 2019, the Company assessed qualitative factors to determine if it was necessary to perform either the two-step quantitative impairment test related to the carrying amount of its goodwill or quantitative impairment tests related to the carrying amounts of its identified intangible assets not subject to amortization. Based on these assessments, the Company determined that it was not necessary to perform either the two-step quantitative impairment test related to the carrying amount of its goodwill nor the quantitative impairment tests related to the carrying amounts of its identified intangible assets not subject to amortization at that date.
As of December 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.