GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 26, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The activity in goodwill by segment for the three months ended March 26, 2023 was as follows:

	December 25, 2022		Currency Translation		March 26, 2023
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
U.K. and Europe	1,058,204		15,669		1,073,873
Mexico	127,804		—		127,804
Total	$	1,227,944	$	15,669	$	1,243,613

Schedule of Indefinite and Finite-Lived Intangible Assets

Intangible assets consisted of the following:

	December 25, 2022		Amortization		Currency Translation		March 26, 2023
	(In thousands)
Cost:
Trade names not subject to amortization	$	549,024	$	—	$	8,274	$	557,298
Trade names subject to amortization	112,057		—		447		112,504
Customer relationships	427,662		—		3,882		431,544
Accumulated amortization:
Trade names	(53,708)		(943)		(37)		(54,688)
Customer relationships	(189,015)		(7,350)		(1,398)		(197,763)
Intangible assets, net	$	846,020	$	(8,293)	$	11,168	$	848,895

Schedule of Intangible Assets Amortization and 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