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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jul. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets table
The Company's goodwill and intangible assets were as follows:
 
 
 
July 1, 2017
 
December 31, 2016
(dollars in thousands)
Weighted-average useful life
 
Gross fair value
 
Accumulated amortization
 
Net amount
 
Gross fair value
 
Accumulated amortization
 
Net amount
 
 
 
 
 
 
 
 
 
 
 
 
 
Carter's goodwill
Indefinite
 
$
136,570

 
$

 
$
136,570

 
$
136,570

 
$

 
$
136,570

Canada acquisition
Indefinite
 
40,897

 

 
40,897

 
39,439

 

 
39,439

 Skip Hop acquisition (1)
Indefinite
 
54,242

 

 
54,242

 

 

 

Total goodwill
 
 
$
231,709

 
$

 
$
231,709

 
$
176,009

 
$

 
$
176,009

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Carter's tradename    
Indefinite
 
$
220,233

 
$

 
$
220,233

 
$
220,233

 
$

 
$
220,233

OshKosh tradename    
Indefinite
 
85,500

 

 
85,500

 
85,500

 

 
85,500

 Skip Hop tradename (1)
Indefinite
 
56,800

 

 
56,800

 

 

 

 Finite-life tradenames
2-20 years
 
42,021

 
38,915

 
3,106

 
42,005

 
38,810

 
3,195

Total tradenames
 
 
$
404,554


$
38,915

 
$
365,639

 
$
347,738

 
$
38,810

 
$
308,928

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Skip Hop customer relationships (1)
15 years
 
35,900

 
804

 
35,096

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total tradenames and other intangibles, net
 
 
$
440,454

 
$
39,719

 
$
400,735

 
$
347,738

 
$
38,810

 
$
308,928


(1) Subject to revision. The measurement period, as defined in ASC 805, Business Combinations, is open for certain assets and liabilities related to the Skip Hop business acquisition that closed on February 22, 2017.


 
 
 
July 2, 2016
(dollars in thousands)
Weighted-average useful life
 
Gross amount
 
Accumulated amortization
 
Net amount
 
 
 
 
 
 
 
 
Carter's goodwill
Indefinite
 
$
136,570

 
$

 
$
136,570

Canadian acquisition
Indefinite
 
40,970

 

 
40,970

Total goodwill
 
 
$
177,540

 
$

 
$
177,540

 
 
 
 
 
 
 
 
Carter's tradename    
Indefinite
 
$
220,233

 
$

 
$
220,233

OshKosh tradename    
Indefinite
 
85,500

 

 
85,500

Finite-life tradenames
2-20 years
 
42,022

 
38,738

 
3,284

Total tradenames
 
 
$
347,755

 
$
38,738

 
$
309,017