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GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
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Dec. 25, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The activity in goodwill by reportable segment for the years ended December 25, 2022 and December 26, 2021 were as follows:
| December 26, 2021 |  | Additions |  | Currency Translation |  | December 25, 2022
| (In thousands)
U.S. | $ | 41,936 |  |  | $ | — |  |  | $ | — |  |  | $ | 41,936 |
U.K. and Europe | 1,167,512 |  |  | 5,401 |  |  | (114,709) |  |  | 1,058,204 |
Mexico | 127,804 |  |  | — |  |  | — |  |  | 127,804 |
Total | $ | 1,337,252 |  |  | $ | 5,401 |  |  | $ | (114,709) |  |  | $ | 1,227,944 |
| December 27, 2020 |  | Additions |  | Currency Translation |  | December 26, 2021
| (In thousands)
U.S. | $ | 41,936 |  |  | $ | — |  |  | $ | — |  |  | $ | 41,936 |
U.K. and Europe | 835,505 |  |  | 350,364 |  |  | (18,357) |  |  | 1,167,512 |
Mexico | 127,804 |  |  | — |  |  | — |  |  | 127,804 |
Total | $ | 1,005,245 |  |  | $ | 350,364 |  |  | $ | (18,357) |  |  | $ | 1,337,252 |
Intangible assets consisted of the following:
| December 26, 2021 |  |  | Amortization |  | Disposals |  | Currency Translation |  |  | December 25, 2022
| (In thousands)
Carrying amount: |  |  |  |  |  |  |  |  |  |  |
Trade names not subject to amortization | $ | 609,713 |  |  |  | $ | — |  |  | $ | — |  |  | $ | (60,689) |  |  |  | $ | 549,024 |
Trade names subject to amortization | 114,268 |  |  |  | — |  |  | — |  |  | (2,211) |  |  |  | 112,057 |
Customer relationships | 455,459 |  |  |  | — |  |  | — |  |  | (27,797) |  |  |  | 427,662 |
Non-compete agreements | 320 |  |  |  | — |  |  | (320) |  |  | — |  |  |  | — |
Accumulated amortization: |  |  |  |  |  |  |  |  |  |  |
Trade names | (49,901) |  |  |  | (3,894) |  |  | — |  |  | 87 |  |  |  | (53,708) |
Customer relationships | (166,296) |  |  |  | (29,844) |  |  | — |  |  | 7,125 |  |  |  | (189,015) |
Non-compete agreements | (320) |  |  |  | — |  |  | 320 |  |  | — |  |  |  | — |
Total | $ | 963,243 |  |  |  | $ | (33,738) |  |  | $ | — |  |  | $ | (83,485) |  |  |  | $ | 846,020 |
| December 27, 2020 |  | Additions |  | Amortization |  | Currency Translation |  | December 26, 2021
| (In thousands)
Carrying amount: |  |  |  |  |  |  |  |  |
Trade names not subject to amortization | $ | 405,240 |  |  | $ | 214,047 |  |  | $ | — |  |  | $ | (9,574) |  |  | $ | 609,713 |
Trade names subject to amortization | 78,343 |  |  | 36,825 |  |  | — |  |  | (900) |  |  | 114,268 |
Customer relationships | 297,062 |  |  | 164,285 |  |  | — |  |  | (5,888) |  |  | 455,459 |
Non-compete agreements | 320 |  |  | — |  |  | — |  |  | — |  |  | 320 |
Accumulated amortization: |  |  |  |  |  |  |  |  |
Trade names | (47,486) |  |  | — |  |  | (2,409) |  |  | (6) |  |  | (49,901) |
Customer relationships | (143,246) |  |  | — |  |  | (23,963) |  |  | 913 |  |  | (166,296) |
Non-compete agreements | (320) |  |  | — |  |  | — |  |  | — |  |  | (320) |
Total | $ | 589,913 |  |  | $ | 415,157 |  |  | $ | (26,372) |  |  | $ | (15,455) |  |  | $ | 963,243 |
For additional information regarding the additions in above tables, refer to “Note 2. Business Acquisitions.” Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships | 3-18 years
Trade names subject to amortization | 15-20 years
Non-compete agreements | 3 years
The Company recognized amortization expense related to intangible assets of $33.7 million in 2022, $26.4 million in 2021 and $22.7 million in 2020. The Company expects to recognize amortization expense associated with intangible assets of $30.8 million in 2023, $30.8 million in 2024, $30.8 million in 2025, $30.8 million in 2026 and $24.1 million in 2027. As of December 25, 2022, the Company assessed qualitative factors to determine if it was necessary to perform quantitative impairment tests related to the carrying amounts of its goodwill or its intangible assets not subject to amortization. Based on these assessments, the Company determined that it was not necessary to perform quantitative impairment tests related to the carrying amount of its goodwill nor its intangible assets not subject to amortization at that date. As of December 25, 2022, the Company assessed if events or changes in circumstances indicated that the aggregate carrying amount of its intangible assets subject to amortization might not be recoverable. There were no indicators present that required the Company to test the recoverability of the aggregate carrying amount of its intangible assets subject to amortization at that date.

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