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GOODWILL AND INTANGIBLE ASSETS
3 Months Ended
Mar. 27, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The activity in goodwill by segment for the three months ended March 27, 2022 was as follows:
December 26, 2021AdditionsCurrency TranslationMarch 27, 2022
(In thousands)
U.S.$41,936 $— $— $41,936 
U.K. and Europe1,167,512 4,570 (21,722)1,150,360 
Mexico127,804 — — 127,804 
Total$1,337,252 $4,570 $(21,722)$1,320,100 
Additions shown in goodwill table above are primarily comprised of working capital adjustments made as part of the prior year business acquisitions. For additional information, refer to “Note 2. Business Acquisitions.”
Intangible assets consisted of the following:
December 26, 2021AdditionsAmortizationCurrency TranslationMarch 27, 2022
(In thousands)
Cost:
Trade names not subject to amortization$609,713 $— $— $(6,939)$602,774 
Trade names subject to amortization114,268 — (4,578)109,690 
Customer relationships455,459 — — (5,738)449,721 
Non-compete agreements320 — — — 320 
Accumulated amortization:
Trade names(49,901)— (1,076)22 (50,955)
Customer relationships(166,296)— (7,622)1,252 (172,666)
Non-compete agreements(320)— — — (320)
Intangible assets, net$963,243 $— $(8,698)$(15,981)$938,564 
Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships
3-18 years
Trade names subject to amortization
15-20 years
Non-compete agreements
3 years
At March 27, 2022, the Company assessed if events or changes in circumstances indicated that the asset group-level carrying amounts of its intangible assets subject to amortization might not be recoverable. There were no indicators present that required the Company to test the recoverability of the asset group-level carrying amounts of its intangible assets subject to amortization at that date.