XML 55 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Dec. 30, 2018
Intangible assets [Abstract]  
Disclosure of detailed information about intangible assets
Intangible assets with finite lives are amortized on a straight-line basis over the following estimated useful-lives:
Asset
Useful life
Customer contracts and customer relationships
7 to 20 years
License agreements
3 to 10 years
Computer software
4 to 7 years
Trademarks with a finite life
5 years
Non-compete agreements
2 years
Intangible assets:
2018
Customer contracts and customer relationships
 
Trademarks
 
License agreements
 
Computer software
 
Non-compete agreements
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost
 
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
 
$
224,489

 
$
226,172

 
$
59,498

 
$
49,771

 
$
1,880

 
$
561,810

Additions
 
—

 
—

 
10,102

 
9,363

 
—

 
19,465

Disposals
 
—

 
—

 
—

 
(879
)
 
(90
)
 
(969
)
Balance, December 30, 2018
 
$
224,489

 
$
226,172

 
$
69,600

 
$
58,255

 
$
1,790

 
$
580,306

 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
 
$
75,472

 
$
1,108

 
$
49,034

 
$
32,711

 
$
1,880

 
$
160,205

Amortization
 
13,592

 
700

 
8,572

 
4,475

 
—

 
27,339

Disposals
 
—

 
—

 
—

 
(721
)
 
(90
)
 
(811
)
Balance, December 30, 2018
 
$
89,064

 
$
1,808

 
$
57,606

 
$
36,465

 
$
1,790

 
$
186,733

Carrying amount, December 30, 2018
 
$
135,425

 
$
224,364

 
$
11,994

 
$
21,790

 
$
—

 
$
393,573


2017
Customer contracts and customer relationships
 
Trademarks
 
License agreements
 
Computer software
 
Non-compete agreements
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost
 
 
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2017
 
$
205,531

 
$
174,772

 
$
59,498

 
$
48,776

 
$
1,880

 
$
490,457

Additions
 
—

 
—

 
—

 
2,852

 
—

 
2,852

Additions through business acquisitions
 
18,958

 
51,400

 
—

 
—

 
—

 
70,358

Disposals
 
—

 
—

 
—

 
(1,857
)
 
—

 
(1,857
)
Balance, December 31, 2017
 
$
224,489


$
226,172


$
59,498


$
49,771


$
1,880


$
561,810

 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2017
 
$
62,185

 
$
125

 
$
42,586

 
$
29,528

 
$
1,812

 
$
136,236

Amortization
 
13,287

 
983

 
6,448

 
4,808

 
68

 
25,594

Disposals
 
—

 
—

 
—

 
(1,625
)
 
—

 
(1,625
)
Balance, December 31, 2017
 
$
75,472


$
1,108


$
49,034


$
32,711


$
1,880


$
160,205

Carrying amount, December 31, 2017
 
$
149,017

 
$
225,064

 
$
10,464

 
$
17,060

 
$
—

 
$
401,605

DEPRECIATION AND AMORTIZATION:
 
2018

 
2017

 
 
 
Depreciation of property, plant and equipment (note 9)
$
125,797

 
$
136,233

Adjustment for the variation of depreciation of property, plant and equipment included in inventories at the beginning and end of the year
4,940

 
323

Depreciation of property, plant and equipment included in net earnings
130,737

 
136,556

Amortization of intangible assets, excluding software (note 10)
22,864

 
20,786

Amortization of software (note 10)
4,475

 
4,808

Depreciation and amortization included in net earnings
$
158,076

 
$
162,150
Disclosure of reconciliation of changes in intangible assets and goodwill
Goodwill:
 
December 30, 2018

 
December 31, 2017

 
 
 
 
 
 
Balance, beginning of fiscal year
$
226,571

 
$
202,108

Goodwill acquired
692

 
24,087

Other
99

 
376

Balance, end of fiscal year
$
227,362

 
$
226,571
Disclosure of information for cash-generating units
Goodwill acquired through business acquisitions and trademarks with indefinite useful lives have been allocated to the Company's CGUs as follows:
 
 
December 30, 2018

 
 
 
 
 
Textile & Sewing:
 
 
Goodwill
$
206,134

 
Indefinite life intangible assets
93,400

 
 
$
299,534

 
 
 
Hosiery:
 
 
Goodwill
$
21,228

 
Indefinite life intangible assets
129,272

 
 
$
150,500