Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill by Reportable Segment

The following table sets forth the changes in the carrying amount of goodwill by reportable segment:

	Aperture Solutions		Surface Solutions		Shelter Solutions		Total
Balance, December 31, 2023	$	771,133	$	708,423	$	202,208	$	1,681,764
Impact of acquisitions and related measurement period adjustments(1)	266,718		1,660		—		268,378
Currency translation	(600)		(2,231)		—		(2,831)
Other(2)	5,504		586		6,429		12,519
Balance, June 29, 2024	$	1,042,755	$	708,438	$	208,637	$	1,959,830

(1)     Measurement period adjustments have been recorded in conjunction with the acquisition of MAC Metal and EAS during the period. See Note 3 — Acquisitions for additional information.

(2)     Other includes insignificant out-of-period corrections totaling $12.5 million, which related to matters that existed as of the date of the merger transaction during July 2022 (the “Merger”).

Schedule of Components of Intangible Assets

The following table sets forth the major components of intangible assets:

	Range of Life (in Years)			Weighted Average Amortization Period Remaining (Years)	Cost		Accumulated Amortization		Net Carrying Value
As of June 29, 2024:
Customer lists and relationships	3	–	19	16	$	1,996,771	$	(271,450)	$	1,725,321
Trademarks, trade names and other		15		13	696,983		(81,039)		615,944
Total intangible assets					$	2,693,754	$	(352,489)	$	2,341,265
	Range of Life (in Years)			Weighted Average Amortization Period Remaining (Years)	Cost		Accumulated Amortization		Net Carrying Value
As of December 31, 2023:
Customer lists and relationships	3	–	19	16	$	1,883,757	$	(192,473)	$	1,691,284
Trademarks, trade names and other		15		14	653,992		(59,208)		594,784
Total intangible assets					$	2,537,749	$	(251,681)	$	2,286,068

Schedule of Amortization Expense Related to Intangible Assets

The following table sets forth the amortization expense related to intangible assets:

	Three Months Ended				Six Months Ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Amortization expense	$	48,965	$	33,698	$	96,199	$	81,602