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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS Goodwill The following table provides a rollforward of the Company’s goodwill:
| RMS |  | DSA (1) |  | Manufacturing (2) |  | Total
| (in thousands)
December 28, 2024 | $ | 496,740 |  |  | $ | 1,635,651 |  |  | $ | 714,217 |  |  | $ | 2,846,608 |
Divestitures | — |  |  | (4,000) |  |  | — |  |  | (4,000) |
Foreign exchange | 12,675 |  |  | 7,944 |  |  | 10,175 |  |  | 30,794 |
March 29, 2025 | $ | 509,415 |  |  | $ | 1,639,595 |  |  | $ | 724,392 |  |  | $ | 2,873,402 |
(1) DSA includes accumulated impairment losses of $1 billion, which were recognized in fiscal years 2008 and 2010.
(2) Manufacturing includes an accumulated impairment loss of $215 million, which was recognized in fiscal year 2024.
As of the beginning of fiscal 2025, the Company has combined the Discovery Services and Safety Assessment reporting units into a single reporting unit consistent with recent changes to the DSA integrated operating structure. The increase in goodwill during the three months ended March 29, 2025 is primarily related to the effect of foreign exchange; partially offset by a divestiture of a site in the DSA reportable segment. Intangible Assets, Net The following table displays intangible assets, net by major class:
| March 29, 2025 |  | December 28, 2024
| Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
| (in thousands)
Client relationships | $ | 1,503,906 |  |  | $ | (887,114) |  |  | $ | 616,792 |  |  | $ | 1,505,871 |  |  | $ | (823,903) |  |  | $ | 681,968 |
Technology | 137,616 |  |  | (116,720) |  |  | 20,896 |  |  | 139,335 |  |  | (116,536) |  |  | 22,799 |
Trademarks and trade names | 11,948 |  |  | (5,992) |  |  | 5,956 |  |  | 11,827 |  |  | (5,630) |  |  | 6,197 |
Other | 20,959 |  |  | (8,898) |  |  | 12,061 |  |  | 39,819 |  |  | (27,383) |  |  | 12,436 |
Intangible assets | $ | 1,674,429 |  |  | $ | (1,018,724) |  |  | $ | 655,705 |  |  | $ | 1,696,852 |  |  | $ | (973,452) |  |  | $ | 723,400 |
The decrease in intangible assets for the three months ended March 29, 2025 related primarily to the accelerated amortization of certain CDMO client relationships in the Biologics Solutions reporting unit, normal amortization over the useful lives, and a divestiture of a site in the DSA reportable segment. Amortization expense of definite-lived intangible assets for three months ended March 29, 2025 and March 30, 2024 was $65.3 million and $32.6 million, respectively. Amortization expense for the three months ended March 29, 2025 includes $35.5 million of accelerated amortization expense as a result of a decrease in the remaining useful life of certain client relationships due to a loss of key customers in 2025 which was identified in fiscal year 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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