v3.26.3
Goodwill and Intangible Assets
 9 Months Ended
Sep. 26, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Goodwill at both September 26, 2026, and December 31, 2025, was $387.3 million. This balance is net of accumulated impairment losses of $56.7 million, all of which were recorded within the Heavy Duty segment.
Intangible Assets
Intangible assets included the following:
September 26, 2026December 31, 2025
Intangible assets subject to amortizationGross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
(in thousands)
Customer relationships$173,984 $(58,885)$115,099 $173,984 $(51,741)$122,243 
Trade names67,690 (22,239)45,451 67,690 (19,119)48,571 
Product portfolio107,800 (28,291)79,509 107,800 (23,215)84,585 
Technology2,167 (1,753)414 2,167 (1,567)600 
Patents and other2,496 (1,602)894 2,475 (1,395)1,080 
Total$354,137 $(112,770)$241,367 $354,116 $(97,037)$257,079 
Amortization expense was $5.1 million and $5.4 million during the three months ended September 26, 2026, and September 27, 2025, respectively, and $15.5 million and $16.4 million during the nine months ended September 26, 2026, and September 27, 2025, respectively.