Intangible Assets

9 Months Ended

Sep. 28, 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):

	September 28, 2024		December 30, 2023
Indefinite Lived Intangible Assets:
Trade names	$	52,758	$	52,507
	52,758		52,507
Finite Lived Intangible Assets:
Routes	744,808		746,868
Customer relationships	310,048		359,111
Permits	328,014		559,483
Non-compete agreements	60		395
Trade names	84,181		85,561
Royalty, consulting, land use rights and leasehold	22,924		20,613
	1,490,035		1,772,031
Accumulated Amortization:
Routes	(252,885)		(241,960)
Customer relationships	(42,790)		(29,270)
Permits	(192,538)		(407,713)
Non-compete agreements	(30)		(345)
Trade names	(70,808)		(63,660)
Royalty, consulting, land use rights and leasehold	(6,381)		(5,698)
	(565,432)		(748,646)
Total Intangible assets, less accumulated amortization	$	977,361	$	1,075,892

Gross intangible assets changed due to net acquisition and retirement activity in the first nine months of fiscal 2024 by approximately $28.2 million and $249.1 million, respectively, and the remaining change is due to foreign currency translation impact. Amortization expense for the three months ended September 28, 2024 and September 30, 2023, was approximately $27.9 million and $32.2 million, respectively, and for the nine months ended September 28, 2024 and September 30, 2023 was approximately $84.3 million and $91.7 million, respectively.