XML 25 R11.htm IDEA: XBRL DOCUMENT
v3.23.3

GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
--- | ---
Oct. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETSThe changes in the carrying value of goodwill by reportable segment for the nine months ended October 1, 2023 are as follows:
|  | North America Confectionery |  | North America Salty Snacks |  | International |  | Total
Balance at December 31, 2022 |  | $ | 2,018,430 |  |  | $ | 571,771 |  |  | $ | 16,755 |  |  | $ | 2,606,956 |
Acquired during the period (see Note 2) |  | — |  |  | 85,231 |  |  | — |  |  | 85,231 |
Foreign currency translation |  | (154) |  |  | — |  |  | 1,149 |  |  | 995 |
Balance at October 1, 2023 |  | $ | 2,018,276 |  |  | $ | 657,002 |  |  | $ | 17,904 |  |  | $ | 2,693,182 |
The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:
|  | October 1, 2023 |  | December 31, 2022
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Intangible assets subject to amortization: |  |  |  |  |  |  |  |
Trademarks |  | $ | 1,701,863 |  |  | $ | (227,276) |  |  | $ | 1,701,932 |  |  | $ | (190,045) |
Customer-related |  | 513,142 |  |  | (115,697) |  |  | 513,188 |  |  | (93,495) |
Patents |  | 8,041 |  |  | (8,041) |  |  | 8,053 |  |  | (8,053) |
Total |  | 2,223,046 |  |  | (351,014) |  |  | 2,223,173 |  |  | (291,593) |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |
Trademarks |  | 35,339 |  |  |  |  | 34,689 |  |  |
Total other intangible assets |  | $ | 1,907,371 |  |  |  |  | $ | 1,966,269 |  |  |
Total amortization expense for the three months ended October 1, 2023 and October 2, 2022 was $19,882 and $19,909, respectively. Total amortization expense for the nine months ended October 1, 2023 and October 2, 2022 was $59,620 and $59,827, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration