Goodwill and Intangible Assets

12 Months Ended

Dec. 29, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for the fiscal year 2019 are included in the table below. See Acquisitions footnote for a description of the additions to goodwill in 2019.


	As of Year-End 2018		Additions to Goodwill		As of Year-End 2019
	(In millions of dollars)
Americas Staffing	$	44.8	$	13.7	$	58.5
Global Talent Solutions	62.5		6.8		69.3
International Staffing	—		—		—
	$	107.3	$	20.5	$	127.8

Intangible assets, excluding fully-amortized intangibles, are included within other assets on our consolidated balance sheet and consist of the following (in millions of dollars):


		2019										2018
	Useful lives	Gross Carrying amount		Less: Accumulated Amortization		Net		Gross Carrying amount		Less: Accumulated Amortization		Net
Customer relationships	10 years	$	40.1	$	8.3	$	31.8	$	15.2	$	4.5	$	10.7
Candidate database	4 years	1.5		0.9		0.6		1.5		0.5		1.0
Trade names	15 years	12.1		0.8		11.3		—		—		—
Non-compete agreements	5 years	1.7		0.3		1.4		—		—		—
Trademarks	Indefinite	4.8		—		4.8		4.8		—		4.8
Total		$	60.2	$	10.3	$	49.9	$	21.5	$	5.0	$	16.5

The year-over-year change in total intangible assets was due to the intangibles purchased in connection with the NextGen and GTA acquisitions (see Acquisitions footnote). Intangible amortization expense, which is included in SG&A expense in the consolidated statements of earnings, was $5.4 million, $1.8 million and $0.9 million in 2019, 2018 and 2017, respectively. The amortization expense will be $5.2 million in 2020, $5.1 million in 2021, $4.8 million in 2022 and 2023 and $4.5 million in 2024.