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Intangible Assets
3 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes acquired intangible assets as follows:
March 29, 2025December 31, 2024
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,146 $2,146 $2,146 
Non-compete Agreement4 years11,082 11,082 11,082 11,082 
Trade Names10 years11,411 10,404 11,380 10,351 
Completed and Unpatented Technology9 years47,871 43,398 47,818 42,617 
Customer Relationships15 years142,162 98,096 142,065 95,818 
Total Intangible Assets13 years$214,672 $165,126 $214,491 $162,014 
All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows:
Three Months Ended
(In thousands)
March 29, 2025March 30, 2024
Amortization Expense
$2,975 $3,270 
Amortization expense for acquired intangible assets expected for 2025 and for each of the next five years is summarized as follows:
(In thousands)
2025$10,938 
2026$9,533 
2027$7,825 
2028$7,037 
2029$5,664 
2030$3,583