GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 27, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The activity in goodwill by segment for the three months ended March 27, 2022 was as follows:

	December 26, 2021		Additions		Currency Translation		March 27, 2022
	(In thousands)
U.S.	$	41,936	$	—	$	—	$	41,936
U.K. and Europe	1,167,512		4,570		(21,722)		1,150,360
Mexico	127,804		—		—		127,804
Total	$	1,337,252	$	4,570	$	(21,722)	$	1,320,100

Schedule of Identified Intangible Assets

Intangible assets consisted of the following:

	December 26, 2021		Additions		Amortization		Currency Translation		March 27, 2022
	(In thousands)
Cost:
Trade names not subject to amortization	$	609,713	$	—	$	—	$	(6,939)	$	602,774
Trade names subject to amortization	114,268		—				(4,578)		109,690
Customer relationships	455,459		—		—		(5,738)		449,721
Non-compete agreements	320		—		—		—		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

Finite-Lived Intangible Assets Estimated Useful Lives

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