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Goodwill, Customer Relationships, Finite-Lived and Indefinite-Lived Trademarks, and Other Intangible Assets (Tables) | 6 Months Ended
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Jul. 12, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill during the twenty-eight weeks ended July 12, 2025, during which time we completed the acquisition of Simple Mills, are as follows (amounts in thousands):
|  | Total |
Balance as of December 28, 2024 |  | $ | 679,896 |
Acquisition (see Note 5, Acquisition) |  |  | 367,859 |
Balance as of July 12, 2025 |  | $ | 1,047,755 |
Amortizable Intangible Assets | As of July 12, 2025 and December 28, 2024, respectively, the company had the following amounts related to amortizable intangible assets (amounts in thousands):
|  | July 12, 2025 |  |  | December 28, 2024 |
Asset |  | Cost |  |  | Accumulated Amortization |  |  | Net Value |  |  | Cost |  |  | Accumulated Amortization |  |  | Net Value |
Trademarks |  | $ | 481,715 |  |  | $ | 130,429 |  |  | $ | 351,286 |  |  | $ | 481,715 |  |  | $ | 122,432 |  |  | $ | 359,283 |
Customer relationships |  |  | 518,021 |  |  |  | 212,698 |  |  |  | 305,323 |  |  |  | 340,221 |  |  |  | 200,549 |  |  |  | 139,672 |
Non-compete agreements |  |  | 5,454 |  |  |  | 5,321 |  |  |  | 133 |  |  |  | 5,454 |  |  |  | 5,281 |  |  |  | 173 |
Distributor relationships |  |  | 4,123 |  |  |  | 4,037 |  |  |  | 86 |  |  |  | 4,123 |  |  |  | 3,982 |  |  |  | 141 |
Total |  | $ | 1,009,313 |  |  | $ | 352,485 |  |  | $ | 656,828 |  |  | $ | 831,513 |  |  | $ | 332,244 |  |  | $ | 499,269 |
Aggregate Amortization Expense | Aggregate amortization expense for the twelve and twenty-eight weeks ended July 12, 2025 and July 13, 2024 was as follows (amounts in thousands):
|  | Amortization Expense |
For the twelve weeks ended July 12, 2025 |  | $ | 9,660 |
For the twelve weeks ended July 13, 2024 |  | $ | 7,263 |
For the twenty-eight weeks ended July 12, 2025 |  | $ | 20,241 |
For the twenty-eight weeks ended July 13, 2024 |  | $ | 16,979 |
Estimated Amortization of Intangibles | Estimated amortization of intangibles for each of the next five years is as follows (amounts in thousands):
|  | Amortization of Intangibles |
Remainder of 2025 |  | $ | 19,422 |
2026 |  | $ | 39,350 |
2027 |  | $ | 37,699 |
2028 |  | $ | 36,071 |
2029 |  | $ | 33,870 |

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