Goodwill and Other Intangible Assets

6 Months Ended

Jun. 27, 2026

Intangible Asset, Goodwill and Other [Abstract]

Goodwill amounts by reportable segment are summarized as follows:


	Goodwill at		Acquisitions		Dispositions		Other (1)			Goodwill at
	December 27, 2025								June 27, 2026
Hardware and Protective Solutions	$	592,527	$	—	$	—	$	92		$	592,619
Robotics and Digital Solutions	210,356		—		—		—			210,356
Canada	27,864		—		—		(1,006)			26,858
Total	$	830,747	$	—	$	—	$	(914)		$	829,833

(1)The "Other" change to goodwill relates to adjustments resulting from fluctuations in foreign currency exchange rates for the Canada, Hardware Solutions, and Protective Solutions reporting units.

Other intangibles, net, as of June 27, 2026 and December 27, 2025 consist of the following:


	Estimated Useful Life (Years)			June 27, 2026		December 27, 2025
Customer relationships	9	-	20	$	955,942	$	956,880
Trademarks - indefinite	Indefinite			85,071		85,274
Trademarks - other	2	-	15	29,549		29,549
Technology and patents	5	-	12	67,291		67,216
Intangible assets, gross				1,137,853		1,138,919
Less: Accumulated amortization				622,666		592,748
Other intangibles, net				$	515,187	$	546,171

The amortization expense for intangible assets for the thirteen and twenty-six weeks ended June 27, 2026 was $15,223 and $30,499, and $15,257 and $30,672 for the thirteen and twenty-six weeks ended June 28, 2025, respectively.

The Company tests goodwill and indefinite-lived intangible assets for impairment annually in the fourth quarter. Impairment is also tested when events or changes in circumstances indicate that the carrying values of the assets may be greater than their fair values. During the thirteen and twenty-six weeks ended June 27, 2026, the Company did not identify any triggering events that would result in an impairment analysis outside of the annual assessment.