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GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
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Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | (5) GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The carrying amount of goodwill by segment as of June 29, 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 | ​ |  | (2,801) | ​ |  | (666) | ​ |  | (3,467)
Balance as of June 29, 2024 | ​ | $ | 426,480 | ​ | $ | 203,752 | ​ | $ | 630,232
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Infrastructure |  | Agriculture |  | Total
Gross balance as of June 29, 2024 | ​ | $ | 475,862 | ​ | $ | 323,752 | ​ | $ | 799,614
Accumulated impairment losses | ​ | ​ | (49,382) | ​ | ​ | (120,000) | ​ | ​ | (169,382)
Balance as of June 29, 2024 | ​ | $ | 426,480 | ​ | $ | 203,752 | ​ | $ | 630,232
​ Other Intangible Assets The components of other intangible assets as of June 29, 2024 and December 30, 2023 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 29, 2024 |  | December 30, 2023
​ | ​ | Gross | ​ | ​ | ​ |  | Gross | ​ | ​ | ​
​ | ​ | Carrying | ​ | Accumulated |  | Carrying | ​ | Accumulated
​ |  | Amount |  | Amortization |  | Amount |  | Amortization
Amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships | ​ | $ | 232,263 | ​ | $ | 162,853 | ​ | $ | 233,852 | ​ | $ | 157,873
Patents & proprietary technology | ​ |  | 59,273 | ​ |  | 46,158 | ​ |  | 59,311 | ​ |  | 45,416
Trade names | ​ |  | 2,870 | ​ | ​ | 1,265 | ​ |  | 2,870 | ​ |  | 1,056
Other | ​ |  | 4,410 | ​ |  | 4,263 | ​ |  | 4,787 | ​ |  | 4,538
Non-amortizing intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names | ​ | ​ | 58,250 | ​ | ​ | — | ​ | ​ | 58,750 | ​ | ​ | —
​ | ​ | $ | 357,066 | ​ | $ | 214,539 | ​ | $ | 359,570 | ​ | $ | 208,883
​ Amortizing intangible assets carry a remaining weighted-average life of approximately four years. Amortization expenses were $3,356 and $7,071 for the thirteen and twenty-six weeks ended June 29, 2024, respectively, and $5,225 and $10,415 for the thirteen and twenty-six weeks ended July 1, 2023, respectively. Based on amortizing intangible assets recognized in the Condensed Consolidated Balance Sheets as of June 29, 2024, amortization expense is estimated to average $10,164 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://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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