GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 26, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The activity in goodwill by segment for the six months ended June 26, 2022 was as follows:

	December 26, 2021		Additions		Currency Translation		June 26, 2022
	(In thousands)
U.S.	$	41,936	$	—	$	—	$	41,936
U.K. and Europe	1,167,512		4,570		(98,286)		1,073,796
Mexico	127,804		—		—		127,804
Total	$	1,337,252	$	4,570	$	(98,286)	$	1,243,536

Schedule of Identified Intangible Assets

Intangible assets consisted of the following:

	December 26, 2021		Additions		Amortization		Currency Translation		June 26, 2022
	(In thousands)
Cost:
Trade names not subject to amortization	$	609,713	$	—	$	—	$	(50,558)	$	559,155
Trade names subject to amortization	114,268		—				(2,972)		111,296
Customer relationships	455,459		—		—		(24,255)		431,204
Non-compete agreements	320		—		—		—		320
Accumulated amortization:
Trade names	(49,901)		—		(2,063)		95		(51,869)
Customer relationships	(166,296)		—		(15,382)		6,140		(175,538)
Non-compete agreements	(320)		—		—		—		(320)
Intangible assets, net	$	963,243	$	—	$	(17,445)	$	(71,550)	$	874,248

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