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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | (5) GOODWILL AND INTANGIBLE ASSETS Goodwill The carrying amount of goodwill by segment as of March 30, 2024 and December 30, 2023 was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Infrastructure |  | Agriculture |  | Total
Gross balance as of December 30, 2023 | ​ | $ | 478,663 | ​ | $ | 323,683 | ​ | $ | 802,346
Accumulated impairment losses | ​ |  | (49,382) | ​ |  | (120,000) | ​ |  | (169,382)
Balance as of December 30, 2023 | ​ |  | 429,281 | ​ |  | 203,683 | ​ | ​ | 632,964
Acquisition measurement period adjustment | ​ |  | — | ​ |  | 735 | ​ |  | 735
Foreign currency translation | ​ |  | (2,588) | ​ |  | (1,223) | ​ |  | (3,811)
Balance as of March 30, 2024 | ​ | $ | 426,693 | ​ | $ | 203,195 | ​ | $ | 629,888
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Infrastructure |  | Agriculture |  | Total
Gross balance as of March 30, 2024 | ​ | $ | 476,075 | ​ | $ | 323,195 | ​ | $ | 799,270
Accumulated impairment losses | ​ | ​ | (49,382) | ​ | ​ | (120,000) | ​ | ​ | (169,382)
Balance as of March 30, 2024 | ​ | $ | 426,693 | ​ | $ | 203,195 | ​ | $ | 629,888
​ Intangible Assets The components of intangible assets as of March 30, 2024 and December 30, 2023 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 30, 2024 |  | December 30, 2023
​ | ​ | Gross | ​ | ​ | ​ |  | Gross | ​ | ​ | ​
​ | ​ | Carrying | ​ | Accumulated |  | Carrying | ​ | Accumulated
​ |  | Amount |  | Amortization |  | Amount |  | Amortization
Amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships | ​ | $ | 232,253 | ​ | $ | 160,181 | ​ | $ | 233,852 | ​ | $ | 157,873
Patents & proprietary technology | ​ |  | 59,243 | ​ |  | 45,710 | ​ |  | 59,311 | ​ |  | 45,416
Trade names | ​ |  | 2,870 | ​ | ​ | 1,160 | ​ |  | 2,870 | ​ |  | 1,056
Other | ​ |  | 4,732 | ​ |  | 4,520 | ​ |  | 4,787 | ​ |  | 4,538
Non-amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names | ​ | ​ | 58,312 | ​ | ​ | — | ​ | ​ | 58,750 | ​ | ​ | —
​ | ​ | $ | 357,410 | ​ | $ | 211,571 | ​ | $ | 359,570 | ​ | $ | 208,883
​ Amortizing intangible assets carry a remaining weighted-average life of approximately four years. Amortization expenses were $3,715 and $5,190 for the thirteen weeks ended March 30, 2024 and April 1, 2023, respectively. Based on amortizing intangible assets recognized in the Condensed Consolidated Balance Sheets as of March 30, 2024, amortization expense is estimated to average $10,169 for each of the next five fiscal years.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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