Intangible Assets

6 Months Ended

Jun. 29, 2024

Intangible Asset Disclosure Text Block [Abstract]

Intangible Assets

Intangible Assets

The gross carrying amount of intangible assets not subject to amortization and intangible assets subject to amortization

is as follows (in thousands):

	June 29, 2024		December 30, 2023
Indefinite Lived Intangible Assets:
Trade names	$	51,721	$	52,507
	51,721		52,507
Finite Lived Intangible Assets:
Routes	741,608		746,868
Customer relationships	305,897		359,111
Permits	324,808		559,483
Non-compete agreements	295		395
Trade names	83,908		85,561
Royalty, consulting, land use rights and leasehold	22,498		20,613
	1,479,014		1,772,031
Accumulated Amortization:
Routes	(242,991)		(241,960)
Customer relationships	(35,080)		(29,270)
Permits	(185,634)		(407,713)
Non-compete agreements	(262)		(345)
Trade names	(68,176)		(63,660)
Royalty, consulting, land use rights and leasehold	(6,062)		(5,698)
	(538,205)		(748,646)
Total Intangible assets, less accumulated amortization	$	992,530	$	1,075,892

Gross intangible assets changed due to net acquisition and retirement activity in the first six months of fiscal 2024 by approximately $28.2 million and $246.0 million, respectively, and the remaining change is due to foreign currency translation impact. Amortization expense for the three months ended June 29, 2024 and July 1, 2023, was approximately $28.4 million and $33.3 million, respectively, and for the six months ended June 29, 2024 and July 1, 2023 was approximately $56.4 million and $59.5 million, respectively.