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Intangibles | 3 Months Ended
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Mar. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Intangible Assets Disclosure [Text Block] | Intangibles Intangible assets consist of the following (in thousands):
| March 30, 2024 |  | December 30, 2023
| Estimated Weighted Avg Remaining Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Estimated Weighted Avg Remaining Life |  | Gross Carrying Amount |  | Accumulated Amortization
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 6.9 |  | $ | 842,699 |  |  | $ | (542,995) |  |  | 7.0 |  | $ | 845,326 |  |  | $ | (529,533) |
Developed technology | 8.1 |  | 98,325 |  |  | (46,535) |  |  | 8.3 |  | 98,593 |  |  | (44,546) |
|  |  | $ | 941,024 |  |  | $ | (589,530) |  |  |  |  | $ | 943,919 |  |  | $ | (574,079) |
Indefinite-lived assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames |  |  | $ | 1,317,978 |  |  |  |  |  |  | $ | 1,323,236 |  |  |
The aggregate intangible amortization expense was $17.4 million and $21.2 million for the three months period ended March 30, 2024 and April 1, 2023, respectively. The estimated future amortization expense of intangible assets is as follows (in thousands):
Twelve Month Period coinciding with the end of the company's Fiscal First Quarter |  | Amortization Expense
2025 |  | $ | 60,802 |
2026 |  | 56,607 |
2027 |  | 52,086 |
2028 |  | 44,031 |
2029 |  | 37,581 |
Thereafter |  | 100,387 |
|  | $ | 351,494 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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- References No definition available. + Details
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