GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 27, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The activity in goodwill by segment for the six months ended June 27, 2021 was as follows:

	December 27, 2020		Currency Translation		June 27, 2021
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
U.K. and Europe	835,505		19,655		855,160
Mexico	127,804		—		127,804
Total	$	1,005,245	$	19,655	$	1,024,900

Finite-Lived Intangible Assets

Identified intangible assets consisted of the following:

	December 27, 2020		Amortization		Currency Translation		June 27, 2021
	(In thousands)
Cost:
Trade names	$	78,343	$	—	$	—	$	78,343
Customer relationships	297,062		—		3,209		300,271
Non-compete agreements	320		—		—		320
Trade names not subject to amortization	405,240		—		9,262		414,502
Accumulated amortization:
Trade names	(47,486)		(984)		—		(48,470)
Customer relationships	(143,246)		(10,677)		(1,187)		(155,110)
Non-compete agreements	(320)		—		—		(320)
Identified intangible assets, net	$	589,913	$	(11,661)	$	11,284	$	589,536

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

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