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Goodwill and Intangible Assets, Net
 3 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill

The changes in the carrying amount of goodwill were as follows (in millions):
December 29, 2025December 30, 2024
to March 29, 2026to December 28, 2025
Beginning balance$530.4 $518.1 
Goodwill acquired during the period(a)
37.3 11.1 
Goodwill adjusted during the period— 1.2 
Ending balance$567.7 $530.4 
______________
(a)    Additions to goodwill during the periods presented reflect the acquisitions described in Note 3.
Intangible Assets

Intangible assets include customer relationships as well as trademarks and other intangibles acquired through acquisitions. Intangible assets with finite useful lives are amortized on an accelerated method or a straight-line method of amortization over their estimated useful lives. An accelerated amortization method reflecting the pattern in which the asset will be consumed is utilized if that pattern can be reliably determined. If that pattern cannot be reliably determined, a straight-line amortization method is used. The Company considers the period of expected cash flows and the underlying data used to measure the fair value of the intangible assets when selecting a useful life. The Company’s customer relationships are amortized on an accelerated method.
The following table summarizes the components of intangible assets (in millions, except weighted average remaining useful life):
March 29, 2026December 28, 2025
Weighted Average Remaining Useful LifeAmountAccumulated AmortizationNetAmountAccumulated AmortizationNet
Customer relationships15.9 years$619.2 $405.3 $213.9 $599.6 $394.4 $205.2 
Trademarks and other3.1 years50.9 33.0 17.9 48.0 33.2 14.8 
Total intangibles$670.1 $438.3 $231.8 $647.6 $427.6 $220.0 
During the three months ended March 29, 2026, the Company recorded $24.6 million of intangible assets, including $19.6 million in Customer relationship intangibles and $5.0 million in Trademarks and other intangibles. The change in Customer relationship intangibles and Trademarks and other intangibles included additions of $19.9 million and $5.0 million, respectively, as a result of the acquisitions completed in 2026 as described in “Note 3. Acquisitions.” Updates of purchase price allocations related to prior year acquisitions during the allowable measurement period and currency translation adjustments of Customer relationship intangibles were $(0.3) million.

During the three months ended March 30, 2025, the Company recorded $2.9 million of intangible assets, including $2.8 million in Customer relationship intangibles and $0.1 million in Trademarks and other intangibles. The change in Customer relationship intangibles included additions of $2.7 million as a result of the acquisition completed in 2025 as described in “Note 3. Acquisitions.” Updates of purchase price allocations related to prior year acquisitions during the allowable measurement period and currency translation adjustments of Customer relationship intangibles and Trademarks and other intangibles, net were $0.1 million and $0.1 million, respectively.

Customer relationship intangible assets are amortized over a weighted-average period of approximately 20 years. Trademarks and other intangible assets are amortized over a weighted-average period of approximately five years.

Amortization expense for intangible assets was $13.0 million and $14.6 million for the three months ended March 29, 2026 and March 30, 2025, respectively.

Total future amortization estimated as of March 29, 2026 is as follows (in millions):
Fiscal year ending:
2026 (remainder)$38.3 
202741.7 
202832.7 
202925.6 
203020.6 
203115.9 
Thereafter57.0 
Total future amortization$231.8