GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 28, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The activity in goodwill by segment for the three months ended March 28, 2021 was as follows:

	December 27, 2020		Currency Translation		March 28, 2021
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
U.K. and Europe	835,505		14,078		849,583
Mexico	127,804		—		127,804
Total	$	1,005,245	$	14,078	$	1,019,323

Finite-Lived Intangible Assets

Identified intangible assets consisted of the following:

		December 27, 2020		Amortization		Currency Translation		March 28, 2021
	(In thousands)
Cost:
Trade names		$	78,343	$	—	$	—	$	78,343
Customer relationships		297,062		—		2,299		299,361
Non-compete agreements		320		—		—		320
Trade names not subject to amortization		405,240		—		6,643		411,883
Accumulated amortization:
Trade names		(47,486)		(492)		—		(47,978)
Customer relationships		(143,246)		(5,321)		(860)		(149,427)
Non-compete agreements		(320)		—		—		(320)
Total		$	589,913	$	(5,813)	$	8,082	$	592,182

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