Acquired Intangible Assets and Goodwill
|9 Months Ended|
Sep. 25, 2021
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Acquired Intangible Assets and Goodwill||
5. Acquired Intangible
Intangible assets acquired in a business combination (see Note 9 – “Business Combinations”) are recognized at fair value and amortized over their estimated useful lives. The carrying basis and accumulated amortization of recognize
d intangible assets at September 25, 2021 and December 26, 2020, are as follows:
Changes to gross carrying amount of recognized intangible assets due to translation adjustments include an approximate $369,000 and $997,000 loss for the period ended September 25, 2021 and December 26, 2020, respectively. Amortization expense was approximately $8,229,000 and $6,892,000 and $21,852,000 and $20,287,000 for the three and nine months ended September 25, 2021 and September 26, 2020, respectively.
The changes in the carrying amounts of goodwill for the period ended September 25, 2021 were as follows:
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef