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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 28, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Goodwill and Other Intangible Assets

The table below summarizes our goodwill and other intangible assets at December 28, 2019 and December 29, 2018, respectively, each of which is explained in additional detail below (amounts in thousands):

		December 28, 2019				December 29, 2018
Goodwill		$	545,244			$	545,379
Amortizable intangible assets, net of amortization			623,107				588,329
Indefinite-lived intangible assets			127,100				206,600
Total goodwill and other intangible assets		$	1,295,451			$	1,340,308

Carrying Amount of Goodwill

The changes in the carrying amount of goodwill during fiscal 2018 and fiscal 2019, are as follows (amounts in thousands):

		Total
Balance as of December 30, 2017		$	464,777
Change in goodwill related to acquisition			80,602
Balance as of December 29, 2018		$	545,379
Change in goodwill related to acquisition			(135	)
Balance as of December 28, 2019		$	545,244

Amortizable Intangible Assets

As of December 28, 2019 and December 29, 2018, the company had the following amounts related to amortizable intangible assets (amounts in thousands):

		December 28, 2019												December 29, 2018
Asset		Cost				Accumulated Amortization				Net Value				Cost				Accumulated Amortization				Net Value
Trademarks		$	477,193			$	55,746			$	421,447			$	413,092			$	44,711			$	368,381
Customer relationships			318,021				117,836				200,185				318,021				99,904				218,117
Non-compete agreements			5,154				4,954				200				5,154				4,874				280
Distributor relationships			4,123				2,848				1,275				4,123				2,572				1,551
Total		$	804,491			$	181,384			$	623,107			$	740,390			$	152,061			$	588,329

Schedule of Restructuring Impairment Charges

The table below presents the restructuring impairment charges for fiscal 2017 (amounts in thousands):

		Total
Indefinite-lived intangible assets		$	18,500
Finite-lived intangible assets			47,747
Restructuring impairment charges		$	66,247

Amortization Expense

Amortization expense

Amortization expense for fiscal years 2019, 2018, and 2017 was as follows (amounts in thousands):

		Amortization expense
Fiscal 2019		$	29,323
Fiscal 2018		$	25,892
Fiscal 2017		$	27,274

Estimated Amortization of Intangibles

Estimated amortization of intangibles for fiscal 2020 and the next four years thereafter is as follows (amounts in thousands):

Fiscal year		Amortization of Intangibles
2020		$	30,792
2021		$	30,148
2022		$	29,599
2023		$	28,718
2024		$	28,022

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