| Intangible Assets |
Intangible AssetsThe following table summarizes acquired intangible assets as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | July 4, 2026 | | December 31, 2025 | | (In thousands) | Weighted Average Life | | Gross Carrying Amount | | Accumulated Amortization | | Gross Carrying Amount | | Accumulated Amortization | | Patents | 11 years | | $ | 2,146 | | | $ | 2,146 | | | $ | 2,146 | | | $ | 2,146 | | | Non-compete Agreement | 4 years | | 11,082 | | | 11,082 | | | 11,082 | | | 11,082 | | | Trade Names | 10 years | | 11,544 | | | 10,633 | | | 11,565 | | | 10,541 | | | Completed and Unpatented Technology | 9 years | | 47,944 | | | 46,260 | | | 47,980 | | | 45,207 | | | Backlog | 4 years | | 3,888 | | | 602 | | | 3,991 | | | 177 | | | Customer Relationships | 15 years | | 145,623 | | | 108,352 | | | 145,773 | | | 104,531 | | | Licensing Agreement | 13 years | | 6,760 | | | 520 | | | 6,760 | | | 260 | | | Total Intangible Assets | 13 years | | $ | 228,987 | | | $ | 179,595 | | | $ | 229,297 | | | $ | 173,944 | |
All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Three Months Ended | (In thousands) | | July 4, 2026 | | June 28, 2025 | | July 4, 2026 | | June 28, 2025 | Amortization Expense | | $ | 5,771 | | | $ | 5,920 | | | $ | 2,884 | | | $ | 2,945 | |
Amortization expense for acquired intangible assets expected for 2026 and for each of the next five years is summarized as follows: | | | | | | | (In thousands) | | | 2026 | $ | 11,312 | | | 2027 | $ | 9,498 | | | 2028 | $ | 8,711 | | | 2029 | $ | 7,161 | | | 2030 | $ | 4,406 | | | 2031 | $ | 4,195 | |
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