GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The balances and changes in the carrying amount of goodwill attributable to each segment were as follows:



(dollars in thousands)	U.S. Retail		U.S. Wholesale		International			Total
Balance at December 29, 2018	$	83,934	74,454		$	68,713		$	227,101
Foreign currency impact	—		—		918			918
Balance at March 30, 2019	$	83,934	$	74,454	$	69,631		$	228,019

Balance at December 28, 2019	$	83,934	$	74,454	$	70,638		$	229,026
Goodwill impairment^(*)	—		—		(17,742		)	(17,742		)
Foreign currency impact	—		—		(3,564		)	(3,564		)
Balance at March 28, 2020	$	83,934	$	74,454	$	49,332		$	207,720

(*)

In the first quarter of fiscal 2020, a charge of $17.7 million was recorded to reflect the impairment of the value ascribed to the goodwill in the Other International reporting unit in the International segment.

Intangible assets table

summary of the carrying value of the Company's intangible assets were as follows:



		March 28, 2020						December 28, 2019
(dollars in thousands)	Weighted-average useful life	Gross amount		Accumulated amortization		Net amount		Gross amount		Accumulated amortization		Net amount
Carter's tradename	Indefinite	$	220,233	$	—	$	220,233	$	220,233	$	—	$	220,233
OshKosh tradename⁽¹⁾	Indefinite	70,000		—		70,000		85,500		—		85,500
Skip Hop tradename⁽²⁾	Indefinite	15,000		—		15,000		26,000		—		26,000
Finite-life tradenames	5-20 years	3,911		1,064		2,847		3,911		1,002		2,909
Total tradenames, net		$	309,144	$	1,064	$	308,080	$	335,644	$	1,002	$	334,642

Skip Hop customer relationships	15 years	$	47,300	$	9,451	$	37,849	$	47,300	$	8,657	$	38,643
Carter's Mexico customer relationships	10 years	2,790		854		1,936		3,258		775		2,483
Total customer relationships, net		$	50,090	$	10,305	$	39,785	$	50,558	$	9,432	$	41,126


(1)	In the first quarter of fiscal 2020, a charge of $13.6 million, $1.6 million, and $0.3 million was recorded on our indefinite-lived OshKosh tradename asset in the U.S. Retail, U.S. Wholesale, and International segments, respectively, to reflect the impairment of the value ascribed to the indefinite-lived OshKosh tradename asset.

(2)

In the first quarter of fiscal 2020, a charge of $6.8 million, $3.7 million, and $0.5 million was recorded on our indefinite-lived Skip Hop tradename asset in the U.S. Wholesale, International, and U.S. Retail segments, respectively, to reflect the impairment of the value ascribed to the indefinite-lived Skip Hop tradename asset. Fiscal 2019 includes a tradename impairment charge of $30.8 million.



		March 30, 2019
(dollars in thousands)	Weighted-average useful life	Gross amount		Accumulated amortization		Net amount
Carter's tradename	Indefinite	$	220,233	$	—	$	220,233
OshKosh tradename	Indefinite	85,500		—		85,500
Skip Hop tradename	Indefinite	56,800		—		56,800
Finite-life tradenames	5-20 years	3,911		814		3,097
Total tradenames, net		$	366,444	$	814	$	365,630

Skip Hop customer relationships	15 years	$	47,300	$	6,274	$	41,026
Carter's Mexico customer relationships	10 years	3,179		536		2,643
Total customer relationships, net		$	50,479	$	6,810	$	43,669

Schedule of Future Amortization Expense



(dollars in thousands)	Amortization expense
2021	$	3,690
2022	$	3,690
2023	$	3,648
2024	$	3,618
2025	$	3,618