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Intangible Assets
9 Months Ended
Sep. 26, 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 September 26, 2025
Cost
$290,256 $37,805 $5,447 $101,231 $434,739 
Accumulated amortization
(159,346)(9,494)(1,365)— (170,205)
Foreign currency translation(1,686)1,206 — 7,039 6,559 
Book value
$129,224 $29,517 $4,082 $108,270 $271,093 
Weighted average life in years
1492N/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 third quarter was $7 million in 2025 and $5 million in 2024, and for the year to date was $20 million in 2025 and $13 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$5,829 $21,682 $17,898 $14,680 $14,076 $88,658 

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 43,058 (266)43,956 
Foreign currency translation16,653 12,413 — 29,066 
Balance, September 26, 2025$215,855 $273,169 $71,466 $560,490