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Goodwill and Intangible Assets
6 Months Ended
Jul. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amount of goodwill for the fiscal year-to-date period ended July 3, 2021 are summarized as follows (in thousands):
Goodwill$161,080 
Accumulated goodwill impairment(71,893)
Goodwill, net at January 2, 202189,187 
Foreign currency translation adjustment56 
Goodwill, net at July 3, 2021 (1)$89,243 
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(1)Goodwill, net at July 3, 2021, is comprised of goodwill of $161.1 million and accumulated impairment of $71.9 million.
Intangible assets that are separable from goodwill and have determinable useful lives are valued separately and amortized over their expected useful lives. There were no impairment losses related to intangible assets during the fiscal quarter ended July 3, 2021 or during the fiscal year ended January 2, 2021.
The components of acquired identifiable intangible assets are as follows (in thousands):
July 3,
2021
January 2,
2021
Non-competition agreements$280 $280 
Customer relationships8,220 12,120 
Total cost8,500 12,400 
Accumulated amortization(3,880)(7,292)
Total intangible assets, net$4,620 $5,108