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INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL (Tables) | 12 Months Ended
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Jan. 02, 2022
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:
2021 | Customer contracts and customer relationships | Trademarks | License agreements | Computer software | Non-compete agreements | Total
Cost |  |  |  |  |  |  |  |  |  |  |  |
Balance, January 3, 2021 |  | $ | 224,489 |  |  | $ | 226,172 |  |  | $ | 72,796 |  |  | $ | 64,295 |  |  | $ | 1,790 |  |  | $ | 589,542 |
Additions |  | — |  |  | — |  |  | — |  |  | 3,635 |  |  | — |  |  | 3,635 |
Disposals |  | — |  |  | — |  |  | — |  |  | (773) |  |  | — |  |  | (773) |
Balance, January 2, 2022 |  | $ | 224,489 |  |  | $ | 226,172 |  |  | $ | 72,796 |  |  | $ | 67,157 |  |  | $ | 1,790 |  |  | $ | 592,404 |
Accumulated amortization |  |  |  |  |  |  |  |  |  |
Balance, January 3, 2021 |  | $ | 142,131 |  |  | $ | 46,351 |  |  | $ | 64,347 |  |  | $ | 45,022 |  |  | $ | 1,790 |  |  | $ | 299,641 |
Amortization |  | 9,944 |  |  | 292 |  |  | 2,582 |  |  | 5,258 |  |  | — |  |  | 18,076 |
Disposals |  | — |  |  | — |  |  | — |  |  | (484) |  |  | — |  |  | (484) |
(Impairment reversal, net of write-downs) |  | (3,943) |  |  | (27,516) |  |  | — |  |  | — |  |  | — |  |  | (31,459) |
Balance, January 2, 2022 |  | $ | 148,132 |  |  | $ | 19,127 |  |  | $ | 66,929 |  |  | $ | 49,796 |  |  | $ | 1,790 |  |  | $ | 285,774 |
Carrying amount, January 2, 2022 |  | $ | 76,357 |  |  | $ | 207,045 |  |  | $ | 5,867 |  |  | $ | 17,361 |  |  | $ | — |  |  | $ | 306,630 |
2020 | Customer contracts and customer relationships | Trademarks | License agreements | Computer software | Non-compete agreements | Total
Cost |  |  |  |  |  |  |  |  |  |  |  |
Balance, December 29, 2019 |  | $ | 224,489 |  |  | $ | 226,172 |  |  | $ | 72,750 |  |  | $ | 69,123 |  |  | $ | 1,790 |  |  | $ | 594,324 |
Additions |  | — |  |  | — |  |  | 46 |  |  | 3,113 |  |  | — |  |  | 3,159 |
Disposals |  | — |  |  | — |  |  | — |  |  | (7,941) |  |  | — |  |  | (7,941) |
Balance, January 3, 2021 |  | $ | 224,489 |  |  | $ | 226,172 |  |  | $ | 72,796 |  |  | $ | 64,295 |  |  | $ | 1,790 |  |  | $ | 589,542 |
Accumulated amortization |  |  |  |  |  |  |  |  |  |
Balance, December 29, 2019 |  | $ | 101,844 |  |  | $ | 2,508 |  |  | $ | 61,415 |  |  | $ | 42,903 |  |  | $ | 1,790 |  |  | $ | 210,460 |
Amortization |  | 10,670 |  |  | 700 |  |  | 2,932 |  |  | 6,104 |  |  | — |  |  | 20,406 |
Disposals |  | — |  |  | — |  |  | — |  |  | (3,985) |  |  | — |  |  | (3,985) |
Write-downs and impairments |  | 29,617 |  |  | 43,143 |  |  | — |  |  | — |  |  | — |  |  | 72,760 |
Balance, January 3, 2021 |  | $ | 142,131 |  |  | $ | 46,351 |  |  | $ | 64,347 |  |  | $ | 45,022 |  |  | $ | 1,790 |  |  | $ | 299,641 |
Carrying amount, January 3, 2021 |  | $ | 82,358 |  |  | $ | 179,821 |  |  | $ | 8,449 |  |  | $ | 19,273 |  |  | $ | — |  |  | $ | 289,901 |
DEPRECIATION AND AMORTIZATION:
| 2021 |  | 2020
Depreciation of property, plant and equipment (note 9) | $ | 92,176 |  |  | $ | 108,452 |
Depreciation of right-of-use assets (note 10) | 13,973 |  |  | 14,656 |
Adjustment for the variation of depreciation included in inventories at the beginning and end of the year | 11,177 |  |  | 3,676 |
Amortization of intangible assets, excluding software (note 11) | 12,818 |  |  | 14,302 |
Amortization of software (note 11) | 5,258 |  |  | 6,104 |
Depreciation and amortization included in net earnings | $ | 135,402 |  |  | $ | 147,190 |
Disclosure of reconciliation of changes in intangible assets and goodwill | Goodwill:
| 2021 |  | 2020
Balance, beginning of fiscal year | $ | 206,636 |  |  | $ | 227,865 |
Goodwill acquired | 77,179 |  |  | — |
Impairment | — |  |  | (21,229) |
Balance, end of fiscal year | $ | 283,815 |  |  | $ | 206,636 |
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:
|  | January 2, 2022 |  | January 3, 2021
Textile & Sewing: |  |  |
| Goodwill | $ | 283,815 |  |  | $ | 206,636 |
| Definite life intangible assets (excluding computer software) | 23,430 |  |  | 27,869 |
| Indefinite life intangible assets | 93,400 |  |  | 93,400 |
|  | $ | 400,645 |  |  | $ | 327,905 |
Hosiery: |  |  |
| Goodwill | $ | — |  |  | $ | — |
| Definite life intangible assets (excluding computer software) | 58,794 |  |  | 63,230 |
| Indefinite life intangible assets | 113,645 |  |  | 86,129 |
|  | $ | 172,439 |  |  | $ | 149,359 |

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