A summary of changes in goodwill by segment for the six months ended July 4, 2026, is as follows:


	Hydraulics			Electronics		Total
Balance at January 3, 2026	$	312.1		$	186.0	$	498.1
Currency translation		(6.7	)		0.1		(6.6	)
Balance at July 4, 2026	$	305.4		$	186.1	$	491.5
Accumulated Impairments		31.9			25.9		57.8

At July 4, 2026, and January 3, 2026, acquired intangible assets consisted of the following:


	July 4, 2026							January 3, 2026
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Definite-lived intangibles:
Trade names and brands	$	95.2	$	(36.8	)	$	58.3	$	95.8	$	(34.5	)	$	61.3
Technology		54.2		(39.2	)		15.0		54.7		(36.8	)		17.9
Supply agreement		21.0		(20.1	)		0.9		21.0		(19.1	)		1.9
Customer relationships		395.3		(119.1	)		276.2		400.3		(111.5	)		288.8
	$	565.7	$	(215.4	)	$	350.3	$	571.8	$	(201.9	)	$	369.9

Amortization expense on acquired intangible assets for the six months ended July 4, 2026, and June 28, 2025, was $15.1 and $16.5, respectively, reflected in amortization of intangible assets in the Consolidated Statements of Operations. Additionally, $0.2 and $0.4 of acquired amortization expense for the three and six months ended July 4, 2026,

respectively, was reflected in cost of sales in the Consolidated Statement of Operations. Future estimated total amortization expense is presented below.


Year:
2026 Remaining	$	15.0
2027		27.1
2028		26.9
2029		25.0
2030		24.2
2031		23.0
Thereafter		209.1
Total	$	350.3

In January 2025, the Company began restructuring the Helios Center of Engineering Excellence (“HCEE”). Consistent with the Company's previously announced restructuring plan, during the end of the second quarter 2025, management ceased operations at the San Antonio office and reassigned resources to the operations at our other major facilities across the business, and eliminated certain positions. As a result of this change in the HCEE business operations, the workforce intangible asset associated with the HCEE restructuring was reviewed by management and it was determined that the remaining net book value of the asset should be amortized over a useful life ending in June 2025. This resulted in an increased $0.8 amortization expense in the six months ending June 28, 2025, associated with this intangible asset.