v3.26.3
Goodwill and Definite-lived Intangibles (Tables)
 9 Months Ended
Sep. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Components of Definite Lived Intangibles

The components of definite-lived intangibles were as follows:

 

 

 

Gross
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Weighted
Average
Amortization
Period

 

 

 

(In thousands)

 

 

(In years)

 

As of September 28, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

323,500

 

 

$

(209,930

)

 

$

113,570

 

 

 

11.8

 

Technology

 

 

66,650

 

 

 

(52,970

)

 

 

13,680

 

 

 

8.2

 

Acquired intangibles from acquisition

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

65,000

 

 

 

—

 

 

 

65,000

 

 

 

11.5

 

Technology

 

 

40,000

 

 

 

—

 

 

 

40,000

 

 

 

8.0

 

Trade names

 

 

6,000

 

 

 

—

 

 

 

6,000

 

 

 

6.0

 

Total

 

$

501,150

 

 

$

(262,900

)

 

$

238,250

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 29, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

323,500

 

 

$

(189,264

)

 

$

134,236

 

 

 

11.8

 

Technology

 

 

66,650

 

 

 

(45,964

)

 

 

20,686

 

 

 

8.2

 

Total

 

$

390,150

 

 

$

(235,228

)

 

$

154,922

 

 

 

 
Schedule of amortization expense

Definite-lived intangibles are amortized using the straight-line method of amortization over the useful life. Amortization expense was as follows:

 

 

For the Quarter Ended

 

 

For the Three Quarters Ended

 

 

 

September 28, 2026

 

 

September 29, 2025

 

 

September 28, 2026

 

 

September 29, 2025

 

 

 

(In thousands)

 

Total amortization expense

 

$

9,224

 

 

$

9,225

 

 

$

27,672

 

 

$

27,673

 

Amortization expense in cost of goods sold

 

 

2,335

 

 

 

2,336

 

 

 

7,006

 

 

 

7,007

 
Estimated Aggregate Amortization for Definite-Lived Intangible Assets

Estimated aggregate amortization for definite-lived intangible assets for the next five years and thereafter is as follows:

 

 

(In thousands)

 

Remaining 2026

 

$

12,138

 

2027

 

 

46,195

 

2028

 

 

42,649

 

2029

 

 

34,007

 

2030

 

 

29,830

 

Thereafter

 

 

73,431

 

Total

 

$

238,250