v3.26.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 03, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, which is assigned entirely to the Company’s EMP segment (see Note 19 – Segments), during the six months ended July 3, 2026 were as follows (in thousands):
Amount
Balance as of December 31, 2025$4,583 
Foreign currency translation adjustment(56)
Balance as of July 3, 2026$4,527 
Schedule of Intangible Assets
The gross carrying amount and accumulated amortization of the Company’s intangible assets consisted of the following as of July 3, 2026 (in thousands):
Gross Carrying ValueAccumulated Amortization Foreign Currency Translation
Adjustment
Net Carrying ValueWeighted Average Remaining
Amortization Period
Intangible assets:
Customer relationships$10,656 $(5,612)$10 $5,054 5.2 years
Trademarks and patents2,181 (677)— 1,504 10.4 years
Total intangible assets$12,837 $(6,289)$10 $6,558 
The gross carrying amount and accumulated amortization of the Company’s intangible assets consisted of the following as of December 31, 2025 (in thousands):
Gross Carrying ValueAccumulated Amortization Foreign Currency Translation
Adjustment
Net Carrying ValueWeighted Average Remaining
Amortization Period
Intangible assets:
Customer relationships$10,656 $(5,069)$19 $5,606 5.6 years
Trademarks and patents2,181 (603)— 1,578 10.9 years
Total intangible assets$12,837 $(5,672)$19 $7,184 
Intangible Asset, Finite-Lived, Amortization Expense
As of July 3, 2026, estimated future amortization expense of finite-lived intangible assets is as follows (in thousands):
Fiscal YearAmount
Remaining 2026$607 
20271,236 
20281,236 
20291,236 
2030705 
Thereafter1,538 
$6,558