v3.25.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Apr. 26, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The Company’s goodwill balance was $330.5 million and $330.3 million as of April 26, 2025 and January 25, 2025, respectively. Changes in the carrying amount of goodwill consisted of the following (dollars in thousands):
GoodwillAccumulated Impairment LossesTotal
Balance as of January 25, 2025
$579,361 $(249,031)$330,330 
Goodwill adjustment from fiscal 2025 acquisitions171 — 171 
Balance as of April 26, 2025
$579,532 $(249,031)$330,501 
Schedule of Intangible Assets
Our intangible assets consisted of the following (dollars in thousands):
April 26, 2025January 25, 2025
Weighted Average Remaining Useful Lives (Years)Gross Carrying AmountAccumulated AmortizationIntangible Assets, NetGross Carrying AmountAccumulated AmortizationIntangible Assets, Net
Customer relationships9.5$452,417 $277,691 $174,726 $452,417 $270,210 $182,207 
Trade names, finite8.114,080 9,440 4,640 14,080 9,293 4,787 
Trade name, indefiniteIndefinite4,700 — 4,700 4,700 — 4,700 
Contract backlog1.337,900 14,236 23,664 37,900 9,890 28,010 
Non-compete agreements2.575 37 38 75 33 42 
$509,172 $301,404 $207,768 $509,172 $289,426 $219,746 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of April 26, 2025, total amortization expense for existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows (dollars in thousands):
Amount
Remainder of 2026$36,418 
202738,500 
202826,462 
202919,269 
203018,796 
203118,126 
Thereafter45,497 
Total$203,068