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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Components of Amortized Intangible Assets | The components of intangible assets as of July 1, 2023 and December 31, 2022 were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | July 1, 2023 |  | December 31, 2022
​ | ​ | Gross | ​ | ​ | ​ |  | Gross | ​ | ​ | ​
​ | ​ | Carrying | ​ | Accumulated |  | Carrying | ​ | Accumulated
​ |  | Amount |  | Amortization |  | Amount |  | Amortization
Amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships | ​ | $ | 221,299 | ​ | $ | 151,454 | ​ | $ | 222,716 | ​ | $ | 145,502
Patents & proprietary technology | ​ |  | 58,785 | ​ |  | 25,475 | ​ |  | 58,404 | ​ |  | 21,291
Trade names | ​ |  | 2,850 | ​ |  | 848 | ​ |  | 2,850 | ​ |  | 645
Other | ​ |  | 4,757 | ​ |  | 4,434 | ​ |  | 2,462 | ​ |  | 2,164
Non-amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names | ​ | ​ | 60,248 | ​ | ​ | — | ​ | ​ | 59,785 | ​ | ​ | —
​ | ​ | $ | 347,939 | ​ | $ | 182,211 | ​ | $ | 346,217 | ​ | $ | 169,602
​ Amortizing intangible assets carry a remaining weighted average life of approximately 12 years. Amortization expense was $5,225 and $10,415 for the thirteen and twenty-six weeks ended July 1, 2023, respectively, and $5,531 and $11,380 for the thirteen and twenty-six weeks ended June 25, 2022, respectively. Based on amortizing intangible assets recognized in the Condensed Consolidated Balance Sheets as of July 1, 2023, amortization expense is estimated to average $13,293 for each of the next five fiscal years.
Schedule of Carrying Amount of Goodwill | The carrying amount of goodwill by segment as of July 1, 2023 and December 31, 2022 was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Infrastructure |  | Agriculture |  | Total
Gross balance at December 31, 2022 | ​ | $ | 473,551 | ​ | $ | 313,777 | ​ | $ | 787,328
Accumulated impairment losses | ​ |  | (47,467) | ​ |  | — | ​ |  | (47,467)
Balance at December 31, 2022 | ​ |  | 426,084 | ​ |  | 313,777 | ​ | ​ | 739,861
Divestiture | ​ | ​ | — | ​ | ​ | (160) | ​ | ​ | (160)
Foreign currency translation | ​ |  | 4,166 | ​ |  | 404 | ​ |  | 4,570
Balance at July 1, 2023 | ​ | $ | 430,250 | ​ | $ | 314,021 | ​ | $ | 744,271
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Infrastructure |  | Agriculture |  | Total
Gross balance at July 1, 2023 | ​ | $ | 477,717 | ​ | $ | 314,021 | ​ | $ | 791,738
Accumulated impairment losses | ​ | ​ | (47,467) | ​ | ​ | — | ​ | ​ | (47,467)
Balance at July 1, 2023 | ​ | $ | 430,250 | ​ | $ | 314,021 | ​ | $ | 744,271

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