XML 48 R37.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Oct. 26, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The Company’s goodwill balance was $332.4 million and $312.0 million as of October 26, 2024 and January 27, 2024, respectively. Changes in the carrying amount of goodwill consisted of the following (dollars in thousands):
GoodwillAccumulated Impairment LossesTotal
Balance as of January 27, 2024
$561,022 $(249,031)$311,991 
Goodwill adjustment from fiscal 2024 acquisition(244)— (244)
Goodwill from fiscal 2025 acquisitions20,627 — 20,627 
Balance as of October 26, 2024
$581,405 $(249,031)$332,374 
Schedule of Intangible Assets
Our intangible assets consisted of the following (dollars in thousands):
October 26, 2024January 27, 2024
Weighted Average Remaining Useful Lives (Years)Gross Carrying AmountAccumulated AmortizationIntangible Assets, NetGross Carrying AmountAccumulated AmortizationIntangible Assets, Net
Customer relationships9.9$451,117 $262,250 $188,867 $338,117 $245,512 $92,605 
Trade names, finite8.614,080 9,146 4,934 13,050 8,723 4,327 
Trade name, indefiniteIndefinite4,700 — 4,700 4,700 — 4,700 
Contract backlog1.837,630 8,507 29,123 11,600 4,335 7,265 
Non-compete agreements3.075 30 45 75 18 57 
$507,602 $279,933 $227,669 $367,542 $258,588 $108,954 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of October 26, 2024, total amortization expense for existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows (dollars in thousands):
Amount
Remainder of 2025$9,888 
202647,749 
202738,069 
202826,301 
202919,160 
203018,687 
Thereafter63,115 
Total$222,969