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
The following table provides a rollforward of the Company’s goodwill:
DSA (1)
Manufacturing (2)
RMSTotal
December 27, 2025$1,678,518 $574,891 $510,844 $2,764,253 
Acquisitions335,906 45,915 — 381,821 
Divestitures (37,701)— — (37,701)
Foreign exchange(18,903)(5,245)(113)(24,261)
September 26, 2026$1,957,820 $615,561 $510,731 $3,084,112 
(1) DSA includes accumulated impairment losses of $1 billion, which were recognized in fiscal years 2008 and 2010.
(2) Manufacturing includes accumulated impairment losses of $380 million, which were recognized in fiscal years 2024 and 2025.
The increase in goodwill during the nine months ended September 26, 2026 is primarily related to the acquisitions of the Cambodian NHP Supplier in the DSA reportable segment and PathoQuest in the Manufacturing reportable segment; partially offset by the European Discovery Divestiture in the DSA reportable segment and the effect of foreign exchange.
Intangible Assets, Net
The following table displays intangible assets, net by major class:
September 26, 2026December 27, 2025
GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
(in thousands)
Client relationships$899,826 $(692,388)$207,438 $1,325,779 $(1,016,198)$309,581 
Technology130,865 (108,272)22,593 142,084 (124,172)17,912 
Trademarks and trade names4,721 (3,474)1,247 8,882 (6,869)2,013 
Other18,214 (10,830)7,384 21,052 (10,563)10,489 
Intangible assets$1,053,626 $(814,964)$238,662 $1,497,797 $(1,157,802)$339,995 
The decrease in net intangible assets for the nine months ended September 26, 2026 related primarily to the derecognition of certain intangible assets associated with the European Discovery Divestiture, and to a lesser extent normal amortization over the useful lives; offset by an increase in certain intangible assets associated with the PathoQuest acquisition.
The following table details amortization expense of definite-lived intangible assets:
Three Months EndedNine Months Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
(in thousands)
Amortization expense$14,641 $27,404 $44,575 $158,052 
Amortization expense for the nine months ended September 27, 2025 includes $71.0 million of accelerated amortization expense as a result of a decrease in the remaining useful life of certain CDMO client relationships due to a loss of key customers in 2025.