Quarterly report pursuant to Section 13 or 15(d)

Acquired Intangible Assets and Goodwill (Tables)

v3.22.2.2
Acquired Intangible Assets and Goodwill (Tables)
 9 Months Ended
Oct. 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 October 1, 2022 and January 1, 2022, are as follows:
October 1, January 1,
2022 2022
Gross Carrying Amount Accumulated Amortization Average Remaining Life in Years Gross Carrying Amount Accumulated Amortization
Intangible Assets
Customer relationships
 $ 406,970  $ (118,200) 10 $ 410,094  $ (97,895)
Noncompete agreements
 380  (233) 5 412  (231)
Tradenames and trademarks
 106,971  —  Indefinite 107,980  — 
Other intangibles
 61,626  (47,030) 10 61,836  (46,156)
$ 575,947  $ (165,463) $ 580,322  $ (144,282)
Schedule of Finite-Lived Intangible Assets The carrying basis and accumulated amortization of recognized intangible assets at October 1, 2022 and January 1, 2022, are as follows:
October 1, January 1,
2022 2022
Gross Carrying Amount Accumulated Amortization Average Remaining Life in Years Gross Carrying Amount Accumulated Amortization
Intangible Assets
Customer relationships
 $ 406,970  $ (118,200) 10 $ 410,094  $ (97,895)
Noncompete agreements
 380  (233) 5 412  (231)
Tradenames and trademarks
 106,971  —  Indefinite 107,980  — 
Other intangibles
 61,626  (47,030) 10 61,836  (46,156)
$ 575,947  $ (165,463) $ 580,322  $ (144,282)
Schedule of Goodwill
The changes in the carrying amounts of goodwill for the period ended October 1, 2022 were as follows:
Balance as of January 1, 2022 $ 369,286 
Changes due to foreign currency fluctuations (2,076)
Goodwill adjusted during the period 52 
Balance as of October 1, 2022 $ 367,262