v3.25.2
Distribution Agreements, Net (Tables)
6 Months Ended
Jun. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Distribution Agreements, Net
Distribution agreements, net, which are amortized on a straight-line basis and have estimated useful lives of 20 to 40 years, consisted of the following:

(in thousands)June 27, 2025December 31, 2024
Distribution agreements at cost$990,191 $990,191 
Less: Accumulated amortization210,385 197,939 
Distribution agreements, net$779,806 $792,252 
Customer lists, net, which are amortized on a straight-line basis and have estimated useful lives of five to 12 years, consisted of the following:

(in thousands)June 27, 2025December 31, 2024
Customer lists at cost$25,288 $25,288 
Less: Accumulated amortization20,221 19,410 
Customer lists, net$5,067 $5,878