The changes in the carrying amount of goodwill for the fiscal quarter ended April 4, 2026 are summarized as follows (in thousands):




Goodwill, at January 3, 2026	$	166,611
Accumulated goodwill impairment	(71,893)
Goodwill, net at January 3, 2026	94,718

Foreign currency translation adjustment	(245)
Goodwill, net at April 4, 2026	$	94,473

Goodwill, net at April 4, 2026 is comprised of goodwill of $166.4 million and accumulated impairment of $71.9 million. There were no impairment losses related to goodwill during the fiscal quarter ended April 4, 2026 or during the fiscal year ended January 3, 2026.

Intangible assets that are separable from goodwill and have determinable useful lives are valued separately and amortized using the straight-line method over their expected useful lives. There were no impairment losses related to intangible assets during the fiscal quarter ended April 4, 2026 or during the fiscal year ended January 3, 2026.

The components of acquired identifiable intangible assets are as follows (in thousands):


		April 4, 2026						January 3, 2026
	Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Customer relationships	10	$	15,300	$	(9,996)	$	5,304	$	15,300	$	(9,614)	$	5,686