v3.25.2
Intangible Assets (Tables)
6 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
June 28, 2025December 31, 2024
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,146 $2,146 $2,146 
Non-compete Agreement4 years11,082 11,082 11,082 11,082 
Trade Names10 years11,473 10,448 11,380 10,351 
Completed and Unpatented Technology9 years47,977 44,154 47,818 42,617 
Customer Relationships15 years142,357 100,518 142,065 95,818 
Total Intangible Assets13 years$215,035 $168,348 $214,491 $162,014 
Schedule of Amortization Expense for Acquired Intangibles Amortization expense for acquired intangibles is summarized as follows:
Six Months EndedThree Months Ended
(In thousands)
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Amortization Expense
$5,920 $6,539 $2,945 $3,269 
Schedule of Amortization Expense for Intangible Assets for Each of Next Five Years
Amortization expense for acquired intangible assets expected for 2025 and for each of the next five years is summarized as follows:
(In thousands)
2025$10,944 
2026$9,533 
2027$7,825 
2028$7,037 
2029$5,664 
2030$3,583