v3.26.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 25, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Details of Goodwill Details of aggregate goodwill of the Company are as follows:
(In millions)ProductsServicesTotal
Balance at December 26, 2025$114.2 $— $114.2 
Balance at September 25, 2026$114.2 $— $114.2 
Schedule of Purchased Intangible Assets
Details of intangible assets were as follows:
As of September 25, 2026As of December 26, 2025
(Dollars in millions)Useful Life
(In years)
Gross
Carrying
Amount
Accumulated
Amortization
Carrying
Value
Gross
Carrying
Amount
Accumulated
Amortization
Carrying
Value
Customer relationships
6 - 10
$207.2 $(148.7)$58.5 $207.2 $(135.6)$71.6 
Recipes2073.2 (29.6)43.6 73.2 (26.8)46.4 
Intellectual property/know-how
7 - 15
48.9 (30.5)18.4 48.9 (27.2)21.7 
Tradename
4 - 6*
32.5 (23.5)9.0 32.5 (23.4)9.1 
Standard operating procedures208.6 (3.5)5.1 8.6 (3.2)5.4 
Developed technology54.6 (2.8)1.8 4.6 (2.0)2.6 
Total$375.0 $(238.6)$136.4 $375.0 $(218.2)$156.8 
*The Company concluded that the useful life of the UCT tradename of $9.0 million is indefinite and is therefore not amortized but is reviewed for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable.
Schedule of Future Estimated Amortization Expense As of September 25, 2026, future estimated amortization expense is expected to be as follows:
(In millions)Amortization
Expense
2026 (remaining in year)$6.9 
202726.9 
202823.8 
202916.2 
203015.3 
Thereafter38.3 
Total$127.4