XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2

Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 25, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill Amounts by Operating Segment

Goodwill amounts by reportable segment are summarized as follows:

			Goodwill at						Acquisitions (1)						Dispositions												Other (2)						Goodwill at
			December 26, 2020																											September 25, 2021
Hardware and Protective Solutions			$	565,578					$	9,450					$	—											$	(32)					$	574,996
Robotics and Digital Solutions			220,936						—						—												—						220,936
Canada			29,686						—						—												363						30,049
Total			$	816,200					$	9,450					$	—											$	331					$	825,981

(1)See Note 5 - Acquisitions for additional information regarding the OZCO acquisition.

(2)The "Other" change to goodwill relates to adjustments resulting from fluctuations in foreign currency exchange rates for the Canada and Mexico reporting units.

Schedule of Finite-Lived Intangible Assets

Other intangibles, net, as of September 25, 2021 and December 26, 2020 consist of the following: 

			Estimated Useful Life (Years)												September 25, 2021						December 26, 2020
Customer relationships			13			-			20						$	965,488					$	941,648
Trademarks - Indefinite			Indefinite												85,676						85,603
Trademarks - Other			7			-			15						29,000						26,400
Technology and patents			8			-			12						67,756						63,749
Intangible assets, gross															1,147,920						1,117,400
Less: Accumulated amortization															337,361						291,434
Other intangibles, net															$	810,559					$	825,966

Schedule of Indefinite-Lived Intangible Assets

Other intangibles, net, as of September 25, 2021 and December 26, 2020 consist of the following: 

			Estimated Useful Life (Years)												September 25, 2021						December 26, 2020
Customer relationships			13			-			20						$	965,488					$	941,648
Trademarks - Indefinite			Indefinite												85,676						85,603
Trademarks - Other			7			-			15						29,000						26,400
Technology and patents			8			-			12						67,756						63,749
Intangible assets, gross															1,147,920						1,117,400
Less: Accumulated amortization															337,361						291,434
Other intangibles, net															$	810,559					$	825,966

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration