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INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL (Tables)
12 Months Ended
Dec. 29, 2024
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:
AssetUseful 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 life5 years
Non-compete agreements2 years
Intangible assets:
2024Customer contracts and customer relationshipsTrademarksLicense agreementsComputer softwareNon-compete agreementsTotal
Cost
Balance, December 31, 2023$224,489 $226,172 $70,450 $73,900 $— $595,011 
Additions— — — 5,153 — 5,153 
Disposals— — — (2,740)— (2,740)
Balance, December 29, 2024$224,489 $226,172 $70,450 $76,313 $ $597,424 
Accumulated amortization
Balance, December 31, 2023$183,251 $22,480 $70,040 $57,821 $— $333,592 
Amortization (note 20)7,694 — 410 5,136 — 13,240 
Disposals— — — (2,727)— (2,727)
Balance, December 29, 2024$190,945 $22,480 $70,450 $60,230 $ $344,105 
Carrying amount, December 29, 2024$33,544 $203,692 $ $16,083 $ $253,319 
2023Customer contracts and customer relationshipsTrademarksLicense agreementsComputer softwareNon-compete agreementsTotal
Cost
Balance, January 1, 2023$224,489 $226,172 $70,450 $70,574 $1,790 $593,475 
Additions— — — 4,592 — 4,592 
Disposals— — — (1,266)(1,790)(3,056)
Balance, December 31, 2023$224,489 $226,172 $70,450 $73,900 $— $595,011 
Accumulated amortization
Balance, January 1, 2023$184,421 $55,447 $68,398 $53,468 $1,790 $363,524 
Amortization (note 20)6,633 — 1,642 5,568 — 13,843 
Disposals— — — (1,215)(1,790)(3,005)
Impairment reversal(7,803)(32,967)— — — (40,770)
Balance, December 31, 2023$183,251 $22,480 $70,040 $57,821 $— $333,592 
Carrying amount, December 31, 2023$41,238 $203,692 $410 $16,079 $— $261,419 
DEPRECIATION AND AMORTIZATION:
20242023
Depreciation of property, plant and equipment (note 8)$111,132 $101,161 
Depreciation of right-of-use assets (note 9)14,128 13,356 
Adjustment for the variation of depreciation included in inventories at the beginning and end of the year(298)(6,716)
Amortization of intangible assets, excluding software (note 10)8,104 8,275 
Amortization of software (note 10)5,136 5,568 
Depreciation and amortization included in net earnings$138,202 $121,644 
Disclosure of reconciliation of changes in intangible assets and goodwill
Goodwill:
20242023
Balance, beginning of fiscal year$271,677 $271,677 
Goodwill acquired (disposed) — 
Balance, end of fiscal year$271,677 $271,677 
Disclosure of information for cash-generating units
Goodwill acquired through business acquisitions and intangibles have been allocated to the Company's CGUs as follows:
December 29, 2024December 31, 2023
Textile & Sewing:
Goodwill$271,677 $271,677 
Definite life intangible assets (excluding computer software)10,987 15,134 
Indefinite life intangible assets93,400 93,400 
$376,064 $380,211 
Hosiery:
Definite life intangible assets (excluding computer software)$22,557 $26,514 
Indefinite life intangible assets110,292 110,292 
$132,849 $136,806