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Intangible Assets
6 Months Ended
Jun. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Components of other intangible assets were as follows (dollars in thousands):
Finite LifeIndefinite Life
Customer
Relationships
Patents and
Proprietary
Technology
Trademarks,
Trade Names
and Other
Trade
Names
Total
As of June 27, 2025
Cost
$270,586 $30,990 $3,756 $95,091 $400,423 
Accumulated amortization
(154,344)(8,524)(3,112)— (165,980)
Foreign currency translation(1,165)1,288 86 6,872 7,081 
Book value
$115,077 $23,754 $730 $101,963 $241,524 
Weighted average life in years
14103N/A
As of December 27, 2024
Cost
$270,910 $34,731 $3,756 $95,091 $404,488 
Accumulated amortization
(143,689)(10,534)(1,478)— (155,701)
Foreign currency translation(12,102)(1,182)(79)(2,118)(15,481)
Book value
$115,119 $23,015 $2,199 $92,973 $233,306 
Weighted average life in years
1493N/A

Amortization of intangibles for the year to date was $13 million in 2025 and $8 million in 2024. Estimated annual amortization expense based on the current carrying amount of other intangible assets is as follows (in thousands):
2025 (Remainder)2026202720282029Thereafter
Estimated Amortization Expense$11,674 $17,578 $14,538 $12,439 $11,802 $71,530 

Changes in the carrying amount of goodwill for each reportable segment were as follows (in thousands): 
ContractorIndustrialExpansion MarketsTotal
Balance, December 27, 2024$198,038 $217,698 $71,732 $487,468 
Adjustments from business acquisitions1,164 — (266)898 
Foreign currency translation16,568 11,988 — 28,556 
Balance, June 27, 2025$215,770 $229,686 $71,466 $516,922