Annual report pursuant to Section 13 and 15(d)

Acquired Intangible Assets and Goodwill (Tables)

v3.22.0.1
Acquired Intangible Assets and Goodwill (Tables)
12 Months Ended
Jan. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets The carrying basis and accumulated amortization of recognized intangible assets at January 1, 2022 and December 26, 2020, are as follows:
January 1, December 26,
2022 2020
Gross Carrying Amount Accumulated Amortization Average Remaining Life in Years Gross Carrying Amount Accumulated Amortization
Intangible Assets
Customer relationships
$ 410,094  $ 97,895  11 $ 380,863  $ 71,390 
Noncompete agreements
412  231  5 413  151 
Tradenames and trademarks
107,980  —  Indefinite 85,598  — 
Other intangibles
61,836  46,156  6 58,405  41,279 
$ 580,322  $ 144,282  $ 525,278  $ 112,820 
Schedule of Finite-Lived Intangible Assets The carrying basis and accumulated amortization of recognized intangible assets at January 1, 2022 and December 26, 2020, are as follows:
January 1, December 26,
2022 2020
Gross Carrying Amount Accumulated Amortization Average Remaining Life in Years Gross Carrying Amount Accumulated Amortization
Intangible Assets
Customer relationships
$ 410,094  $ 97,895  11 $ 380,863  $ 71,390 
Noncompete agreements
412  231  5 413  151 
Tradenames and trademarks
107,980  —  Indefinite 85,598  — 
Other intangibles
61,836  46,156  6 58,405  41,279 
$ 580,322  $ 144,282  $ 525,278  $ 112,820 
Schedule of Goodwill
The changes in the carrying amounts of goodwill for the period ended January 1, 2022 were as follows:
Balance as of December 26, 2020 $ 259,423 
Goodwill acquired during the period 110,240 
Changes due to foreign currency fluctuations (376)
Balance as of January 1, 2022 $ 369,286