v3.26.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 26, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Summary of Details of Goodwill Details of aggregate goodwill of the Company are as follows:
(In millions)ProductsServicesTotal
Balance at December 26, 2025$114.2 $— $114.2 
Balance at June 26, 2026$114.2 $— $114.2 
Summary of Purchased Intangible Assets
Details of intangible assets were as follows:
As of June 26, 2026As of December 26, 2025
(Dollars in millions)Useful Life
(In years)
Gross
Carrying
Amount
Accumulated
Amortization
Carrying
Value
Gross
Carrying
Amount
Accumulated
Amortization
Carrying
Value
Customer relationships
6 - 10
$207.2 $(144.3)$62.9 $207.2 $(135.6)$71.6 
Recipes2073.2 (28.7)44.5 73.2 (26.8)46.4 
Intellectual property/know-how
7 - 15
48.9 (29.4)19.5 48.9 (27.2)21.7 
Tradename
4 - 6*
32.5 (23.5)9.0 32.5 (23.4)9.1 
Standard operating procedures208.6 (3.4)5.2 8.6 (3.2)5.4 
Developed technology54.6 (2.5)2.1 4.6 (2.0)2.6 
Total$375.0 $(231.8)$143.2 $375.0 $(218.2)$156.8 
*The Company concluded that the asset life of UCT tradename of $9.0 million is indefinite and is therefore not amortized but is reviewed for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable.
Summary of Future Estimated Amortization Expense As of June 26, 2026, future estimated amortization expense is expected to be as follows:
(In millions)Amortization
Expense
2026 (remaining in year)$13.7 
202726.9 
202823.8 
202916.2 
203015.3 
Thereafter38.3 
Total$134.2