XML 79 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The activity in goodwill by reportable segment for the years ended December 29, 2024 and December 31, 2023 were as follows:
December 31, 2023Currency TranslationDecember 29, 2024
(In thousands)
U.S.$41,936 $— $41,936 
Europe1,116,521 (18,878)1,097,643 
Mexico127,804 (28,310)99,494 
Total$1,286,261 $(47,188)$1,239,073 
December 25, 2022Currency TranslationDecember 31, 2023
(In thousands)
U.S.$41,936 $— $41,936 
Europe1,058,204 58,317 1,116,521 
Mexico127,804 — 127,804 
Total$1,227,944 $58,317 $1,286,261 
Schedule of Indefinite and Finite-Lived Intangible Assets
Intangible assets consisted of the following:
December 31, 2023AmortizationCurrency TranslationDecember 29, 2024
(In thousands)
Carrying amount:
Trade names not subject to amortization$580,473 $— $(11,116)$569,357 
Trade names subject to amortization112,681 — (665)112,016 
Customer relationships441,719 — (9,858)431,861 
Accumulated amortization:
Trade names(57,762)(3,893)128 (61,527)
Customer relationships(223,128)(28,503)6,158 (245,473)
Total$853,983 $(32,396)$(15,353)$806,234 
December 25, 2022AmortizationCurrency TranslationDecember 31, 2023
(In thousands)
Carrying amount:
Trade names not subject to amortization$549,024 $— $31,449 $580,473 
Trade names subject to amortization112,057 — 624 112,681 
Customer relationships427,662 — 14,057 441,719 
Trade names(53,708)(3,886)(168)(57,762)
Customer relationships(189,015)(29,210)(4,903)(223,128)
Total$846,020 $(33,096)$41,059 $853,983 
Schedule of Intangible Assets Amortization and Estimated Useful Lives
Intangible assets are amortized over the estimated useful lives of the assets as follows:
Trade names subject to amortization
15-20 years
Customer relationships
3-18 years