GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 28, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets, net as of March 28, 2026 consisted of the following (in thousands):


	March 28, 2026
	Gross Carrying Amount		Foreign Currency Translation		Accumulated Amortization		Net Amount
Trade names and trademarks	$	149,305	$	62	$	44,442	$	104,925
Patented technology	16,126		—		12,144		3,982
Technology	13,000		—		3,757		9,243
Pool designs	13,628		67		5,079		8,616

Dealer relationships	241,457		(81)		102,929		138,447
Order backlog	2,389		(10)		2,051		328

	$	435,905	$	38	$	170,402	$	265,541

The changes in the carrying values of dealer relationships, trade names and trademarks and backlog are driven by the acquisition of Freedom Pools made in the fiscal quarter ended March 28, 2026.

Intangible assets, net as of December 31, 2025 consisted of the following (in thousands):


	December 31, 2025
	Gross Carrying Amount		Foreign Currency Translation		Accumulated Amortization		Net Amount
Trade names and trademarks	$	148,100	$	(112)	$	42,784	$	105,204
Patented technology	16,126		—		11,776		4,350
Technology	13,000		—		3,540		9,460
Pool designs	13,628		(78)		4,845		8,705
Dealer relationships	238,551		—		98,197		140,354
Order backlog	2,020		—		2,020		—
	$	431,425	$	(190)	$	163,162	$	268,073

Schedule of Estimated Amortization Expense Related to Definite-Lived Intangible Assets

The Company estimates that amortization expense related to definite-lived intangible assets will be as follows in each of the next five fiscal years and thereafter (in thousands):


Fiscal Year Ending	Estimated Future Amortization Expense
Remainder of fiscal year 2026	$	22,084
2027	29,137
2028	28,117
2029	22,747
2030	21,898
Thereafter	141,558
	$	265,541