Intangible assets consisted of the following:


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Remaining Weighted Average Useful Life
July 3, 2026
Customer relationships	$	305,551	$	(173,162)	$	132,389	12.6 years
Licensing agreements and patents	6,662		(4,167)		2,495		5.0 years
Completed technologies	127,126		(86,190)		40,936		9.4 years


	$	439,339	$	(263,519)	$	175,820
June 27, 2025
Customer relationships	$	340,110	$	(182,656)	$	157,454	12.2 years
Licensing agreements and patents	4,162		(3,086)		1,076		5.0 years
Completed technologies	125,586		(73,505)		52,081		9.4 years


	$	469,858	$	(259,247)	$	210,611

Estimated future amortization expense for intangible assets remaining at July 3, 2026 is as follows:


Fiscal Year	Totals
2027	$	36,488
2028	32,625
2029	29,331
2030	24,596
2031	14,242
Thereafter	38,538
Total future amortization expense	$	175,820

The Company reviews net intangible assets with finite lives for impairment when an event occurs indicating the potential for impairment. Based on the Company’s last assessment, the Company believes that the carrying values of net intangible assets were recoverable as of July 3, 2026. However, if business conditions deteriorate, the Company may be required to record

impairment losses, and or increase the amortization of intangibles in the future. Any impairment charges that the Company may record in the future could be material to the results of operations and financial condition.

During fiscal 2026, the Company acquired completed technologies of $1,540 with a useful life of 5 years in connection with the Company's asset acquisition of a provider of specialized manufacturing processes.

During fiscal 2025, the Company acquired completed technologies of $4,866 with a useful life of 7.5 years in connection with the Company's asset acquisition of Star Lab.