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GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Jun. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The following presents changes to goodwill for the periods indicated:
Goodwill, net as of June 29, 2025$372,340 
Goodwill, net as of December 31, 2025372,340 
Goodwill acquired2,685 
Goodwill disposed(4,067)
Goodwill, net as of June 28, 2026$370,958 
Goodwill represents the premium paid over the fair value of the net tangible and identifiable intangible assets acquired in the Company's business combinations. The Company acquired $2,685 of goodwill related to the HRX acquisition during the 13-week period ended March 29, 2026. Refer to Note 2, "Acquisition and Divestitures," for additional information.
The Company disposed of $4,067 of goodwill during the 13-week and 26-week periods ended June 28, 2026 related to the three divestitures that occurred during the period, compared to no disposals of goodwill during the 13-week and 26-week periods ended June 29, 2025. Refer to Note 2 "Acquisition and Divestitures," for additional information. Potential changes in the Company's costs and operating structure, the implementation of synergies, and overall performance in the automotive aftermarket industry, could negatively impact near-term cash-flow projections and could trigger a potential impairment of the Company's goodwill and / or indefinite-lived intangible assets. In addition, failure to execute the Company's strategic plans as well as increases in weighted average costs of capital could negatively impact the fair value of the reporting unit and increase the risk of future impairment charges.
On January 1, 2025, the Company, entered into an agreement with Cataclean Global Limited ("Cataclean") to purchase a perpetual exclusive license in North America for developing, manufacturing, marketing, distributing, using and selling existing Cataclean products as well as future product formulations in all sales channels in North America for a total purchase price of $23,800. The Cataclean perpetual license agreement of $23,800 is included in other intangible assets, net in the condensed consolidated balance sheets. As of June 28, 2026, the Company has fully paid the Cataclean purchase price, and no amounts related to the agreement remain included in accrued liabilities in the condensed consolidated balance sheets.
Intangible assets consisted of the following:
June 28, 2026
Gross Carrying AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets:
Customer relationships$252,410 $(79,197)$173,213 
Tradenames14,920 (7,381)7,539 
Technology28,651 (17,929)10,722 
Total finite-lived intangible assets$295,981 $(104,507)$191,474 
Indefinite-lived intangible assets:
Tradenames$154,479 — $154,479 
License agreement23,800 — 23,800 
Total indefinite-lived intangible assets$178,279 — $178,279 
December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets:
Customer relationships$269,390 $(78,564)$190,826 
Tradenames13,775 (7,019)6,756 
Technology27,559 (17,291)10,268 
Total finite-lived intangible assets$310,724 $(102,874)$207,850 
Indefinite-lived intangible assets:
Tradenames$165,260 — $165,260 
License agreement23,800 — 23,800 
Total indefinite-lived intangible assets$189,060 — $189,060 
The following outlines the estimated amortization expense related to finite-lived intangible assets held as of June 28, 2026:
2026 (excluding the twenty-six weeks ended June 28, 2026)$6,457 
202712,908 
202812,908 
202912,908 
203012,867 
Thereafter133,426 
Total$191,474