XML 25 R11.htm IDEA: XBRL DOCUMENT v3.25.3
GOODWILL AND INTANGIBLE ASSETS, NET
9 Months Ended
Sep. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
During the thirty-nine weeks ended September 28, 2025, there were no changes in the carrying amount of goodwill of $36.0 million.
The following table presents the Company’s intangible assets, net balances:
(dollar amounts in thousands)
As of September 28,
2025
As of December 29,
2024
Internal use software$51,709 $45,933 
Developed technology20,050 20,050 
Total intangible assets
71,759 65,983 
Accumulated amortization(50,165)(41,943)
Intangible assets, net
$21,594$24,040
Developed technology intangible assets were recognized in conjunction with the Company’s acquisition of Spyce on September 7, 2021. The estimated useful life of developed technology is five years.
Amortization expense for intangible assets was $2.8 million for both the thirteen weeks ended September 28, 2025 and September 29, 2024.
Amortization expense for intangible assets was $8.2 million and $8.3 million for the thirty-nine weeks ended September 28, 2025 and September 29, 2024, respectively.
Estimated future amortization of internal use software and developed technology is as follows:
(dollar amounts in thousands)

2025$2,738 
20269,589 
20277,244 
20282,023 
Total$21,594