v3.26.1
GOODWILL AND INTANGIBLE ASSETS
 6 Months Ended
Jun. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
The following table provides a rollforward of the Company’s goodwill:
RMS
DSA (1)
Manufacturing (2)
Total
(in thousands)
December 27, 2025$510,844 $1,678,518 $574,891 $2,764,253 
Acquisitions— 335,906 39,786 375,692 
Divestitures — (37,701)— (37,701)
Foreign exchange(551)(19,320)(5,522)(25,393)
June 27, 2026$510,293 $1,957,403 $609,155 $3,076,851 
(1) DSA includes accumulated impairment losses of $1 billion, which were recognized in fiscal years 2008 and 2010.
(2) Manufacturing includes accumulated impairment losses of $380 million, which were recognized in fiscal years 2024 and 2025.
The increase in goodwill during the six months ended June 27, 2026 is primarily related to the acquisition of the Cambodian NHP Supplier in the DSA reportable segment; partially offset by the European Discovery Divestiture in the DSA reportable segment and the effect of foreign exchange.
Intangible Assets, Net
The following table displays intangible assets, net by major class:
June 27, 2026December 27, 2025
GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
(in thousands)
Client relationships$899,325 $(679,409)$219,916 $1,325,779 $(1,016,198)$309,581 
Technology130,650 (107,075)23,575 142,084 (124,172)17,912 
Trademarks and trade names4,703 (3,367)1,336 8,882 (6,869)2,013 
Other18,164 (9,817)8,347 21,052 (10,563)10,489 
Intangible assets$1,052,842 $(799,668)$253,174 $1,497,797 $(1,157,802)$339,995 
The decrease in intangible assets for the six months ended June 27, 2026 related primarily to the derecognition of certain intangible assets associated with the European Discovery Divestiture and CDMO and Cell Solutions Divestiture, and to a lesser extent normal amortization over the useful lives.
The following table details amortization expense of definite-lived intangible assets:
Three Months EndedSix Months Ended
June 27, 2026June 28, 2025June 27, 2026June 28, 2025
(in thousands)
Amortization expense$14,589 $65,384 $29,934 $130,648 
Amortization expense for the three and six months ended June 28, 2025 includes $35.5 million and $71.0 million of accelerated amortization expense as a result of a decrease in the remaining useful life of certain CDMO client relationships due to a loss of key customers in 2025.