v3.26.1
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jul. 04, 2026
Goodwill and Other Intangible Assets  
Schedule of goodwill and other intangible assets

The carrying amounts of goodwill and other intangible assets, as of the dates indicated, consist of the following (in thousands):

July 4, 2026

January 3, 2026

Gross Carrying

  ​

Accumulated

  ​

Net Carrying

  ​

Gross Carrying

  ​

Accumulated

  ​

Net Carrying

Amount

Amortization

Amount

Amount

Amortization

Amount

Finite-Lived Intangible Assets

Trademarks

$

6,800

$

5,969

$

831

$

6,800

$

5,742

$

1,058

Customer relationships

 

367,425

 

231,930

 

135,495

 

353,607

 

223,338

 

130,269

Total finite-lived intangible assets

$

374,225

$

237,899

$

136,326

$

360,407

$

229,080

$

131,327

Indefinite-Lived Intangible Assets

Goodwill

$

548,965

$

543,812

Trademarks

1,133,550

1,059,647

Total indefinite-lived intangible assets

$

1,682,515

$

1,603,459

Total goodwill and other intangible assets

$

1,818,841

$

1,734,786

Carrying amount of goodwill by operating segment

The changes in the carrying amount of goodwill by reporting unit for the first two quarters of 2026 were as follows (in thousands):

Specialty

Meals

Frozen & Vegetables

Spices & Flavor Solutions

Total

Balance as of January 3, 2026

$

219,359

$

143,020

$

$

181,433

$

543,812

Currency translation

(229)

(229)

College Inn and Kitchen Basics acquisition

5,382

5,382

Balance as of July 4, 2026

$

219,130

$

148,402

$

$

181,433

$

548,965

Summary of carrying amount of indefinite-lived trademark intangible assets by reporting unit

Specialty

Meals

Frozen & Vegetables

Spices & Flavor Solutions

Total

Balance as of January 3, 2026

$

219,359

$

143,020

$

$

181,433

$

543,812

Currency translation

(229)

(229)

College Inn and Kitchen Basics acquisition

5,382

5,382

Balance as of July 4, 2026

$

219,130

$

148,402

$

$

181,433

$

548,965