Schedule of Finite-Lived Intangible Assets |
The cost and accumulated amortization values of our intangible assets were as follows: | | | | | | | | | | | | | | | | | | | June 28, 2025 | (amounts in thousands) | Cost | | Accumulated Amortization | | Net Book Value | Customer relationships and agreements | $ | 127,271 | | | $ | (101,579) | | | $ | 25,692 | | Software | 82,796 | | | (34,977) | | | 47,819 | | Trademarks and trade names | 32,780 | | | (13,639) | | | 19,141 | | Patents, licenses and rights | 13,945 | | | (6,118) | | | 7,827 | | Total amortizable intangibles | $ | 256,792 | | | $ | (156,313) | | | $ | 100,479 | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | December 31, 2024 | (amounts in thousands) | Cost | | Accumulated Amortization | | Net Book Value | Customer relationships and agreements | $ | 119,674 | | | $ | (90,073) | | | $ | 29,601 | | Software | 76,048 | | | (30,021) | | | 46,027 | | Trademarks and trade names | 31,384 | | | (12,113) | | | 19,271 | | Patents, licenses and rights | 12,627 | | | (5,539) | | | 7,088 | | Total amortizable intangibles | $ | 239,733 | | | $ | (137,746) | | | $ | 101,987 | | | | | | | | | | | | | |
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Schedule of Finite-lived Intangible Assets Amortization Expense |
Amortization expense was recorded as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | (amounts in thousands) | June 28, 2025 | | June 29, 2024 | | June 28, 2025 | | June 29, 2024 | | | Amortization expense | $ | 5,584 | | | $ | 4,907 | | | $ | 11,077 | | | $ | 23,823 | | | | | | | | | | | | | |
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