XML 25 R13.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangible Assets
3 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table sets forth the changes in the carrying amount of goodwill by reportable segment and the accumulated impact of impairment loss:
Aperture
Solutions
Surface
Solutions
Shelter
Solutions
Total
Balance, as of December 31, 2024 $452,726 $335,544 $317,462 $1,105,732 
Impact of acquisitions and related measurement period adjustments (1)
542 — — 542 
Currency translation94 356 — 450 
Balance, March 29, 2025$453,362 $335,900 $317,462 $1,106,724 
Goodwill
$949,511 $705,803 $317,462 $1,972,776 
Accumulated impairment loss
(496,149)(369,903)— (866,052)
Balance, March 29, 2025$453,362 $335,900 $317,462 $1,106,724 
(1) A measurement period adjustment has been recorded in conjunction with the Harvey acquisition during the period. See Note 3 for additional information.
Intangible Assets, Net
The following table sets forth the major components of intangible assets:
Range of Life
in Years
Weighted Average Amortization Remaining YearsCarrying ValueAccumulated AmortizationNet Carrying Value
As of March 29, 2025 (1)
Customer lists and relationships31915$2,101,129 $(391,731)$1,709,398 
Trademarks, trade names and other121512740,444 (114,455)625,989 
Total intangible assets$2,841,573 $(506,186)$2,335,387 
Range of Life
in Years
Weighted Average Amortization Remaining YearsCarrying ValueAccumulated AmortizationNet Carrying Value
As of December 31, 2024 (1)
Customer lists and relationships31915$2,100,469 $(351,129)$1,749,340 
Trademarks, trade names and other121512740,113 (101,548)638,565 
Total intangible assets$2,840,582 $(452,677)$2,387,905 

(1) Net of accumulated impairment loss of $32.7 million as of March 29, 2025 and December 31, 2024 .
Intangible assets are amortized on a straight-line basis. The following table sets forth the amortization expense related to intangible assets:
Three Months Ended
March 29, 2025March 30, 2024
Amortization expense$53,274 $47,234