v3.26.1
Distribution Agreements, Net (Tables)
6 Months Ended
Jul. 03, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Summary of Distribution Agreements, Net
Distribution agreements, net, which are amortized on a straight-line basis and have estimated useful lives of 20 to 40 years, consisted of the following:

(in thousands)July 3, 2026December 31, 2025
Distribution agreements at cost$990,191 $990,191 
Less: Accumulated amortization235,276 222,831 
Distribution agreements, net$754,915 $767,360 
Customer lists, net, which are amortized on a straight-line basis and have estimated useful lives of five to 12 years, consisted of the following:

(in thousands)July 3, 2026December 31, 2025
Customer lists at cost$25,288 $25,288 
Less: Accumulated amortization21,837 21,031 
Customer lists, net$3,451 $4,257