GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jul. 01, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table provides a rollforward of the Company’s goodwill:


	RMS		DSA (1)		Manufacturing		Total
	(in thousands)
December 31, 2022	$	497,710	$	1,433,601	$	918,592	$	2,849,903
Acquisitions	—		37,129		—		37,129

Foreign exchange	(656)		14,969		15,248		29,561
July 1, 2023	$	497,054	$	1,485,699	$	933,840	$	2,916,593
(1) DSA includes accumulated impairment losses of $1 billion, which were recognized in fiscal years 2008 and 2010.

The increase in goodwill during the six months ended July 1, 2023 related to the acquisition of SAMDI in the DSA reportable segment.

Intangible Assets, Net

The following table displays intangible assets, net by major class:


	July 1, 2023						December 31, 2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in thousands)
Client relationships	$	1,534,069	$	(659,955)	$	874,114	$	1,491,926	$	(591,417)	$	900,509
Technology	141,716		(107,312)		34,404		129,626		(101,655)		27,971
Backlog	15,441		(13,903)		1,538		15,236		(12,512)		2,724
Trademarks and trade names	12,835		(5,021)		7,814		12,617		(4,410)		8,207
Other	38,079		(26,059)		12,020		37,985		(22,121)		15,864
Intangible assets	$	1,742,140	$	(812,250)	$	929,890	$	1,687,390	$	(732,115)	$	955,275

The decrease in intangible assets, net during the six months ended July 1, 2023 related primarily to normal amortization over the useful lives, offset by the acquisition of SAMD