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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill amounts by reportable segment are summarized as follows:
Goodwill atAcquisitionsDispositions
Other (1)
Goodwill at
December 30, 2023June 29, 2024
Hardware and Protective Solutions$575,298 $3,648 $— $(319)$578,627 
Robotics and Digital Solutions220,936 — — — 220,936 
Canada28,808 — — (971)27,837 
Total$825,042 $3,648 $— $(1,290)$827,400 
(1)The "Other" change to goodwill relates to adjustments resulting from fluctuations in foreign currency exchange rates for the Canada, Hardware Solutions, and Protective Solutions reporting units.
Other intangibles, net, as of June 29, 2024 and December 30, 2023 consist of the following: 
Estimated
Useful Life
(Years)
June 29, 2024December 30, 2023
Customer relationships13-20$946,750 $944,713 
Trademarks - indefiniteIndefinite85,253 85,520 
Trademarks - other7-1529,449 31,665 
Technology and patents5-1266,836 64,186 
Intangible assets, gross1,128,288 1,126,084 
Less: Accumulated amortization500,617 470,791 
Other intangibles, net$627,671 $655,293 
    
The amortization expense for intangible assets, including the adjustments resulting from fluctuations in foreign currency exchange rates for the thirteen and twenty-six weeks ended June 29, 2024 was $15,249 and $30,503, respectively. Amortization expense for the thirteen and twenty-six weeks ended July 1, 2023 was $15,578 and $31,150, respectively.
The Company tests goodwill and indefinite-lived intangible assets for impairment annually in the fourth quarter. Impairment is also tested when events or changes in circumstances indicate that the carrying values of the assets may be greater than their fair values. During the thirteen and twenty-six weeks ended June 29, 2024 and the thirteen and twenty-six weeks ended July 1, 2023, the Company did not identify any triggering events that would result in an impairment analysis outside of the annual assessment.