XML 57 R41.htm IDEA: XBRL DOCUMENT v3.22.0.1

Goodwill And Other Intangible Assets (Tables)

9 Months Ended

Sep. 26, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Goodwill

The following presents changes to goodwill for the period indicated:

		For the thirty- nine weeks ended September 26, 2021
Balance at December 31, 2020		$	359,099
Advance Engine Management acquisition			17,426
Classic Instruments acquisition			4,912
Measurement period adjustments*			423
Balance at September 26, 2021		$	381,860

Summary Of Intangible Assets

Intangible assets consisted of the following:

		September 26, 2021
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Finite-lived intangible assets:
Customer relationships		$	259,907			$	(29,878	)		$	230,029
Tradenames			13,775				(3,906	)			9,869
Technology			26,673				(8,469	)			18,204
Total finite-lived intangible assets		$	300,355			$	(42,253	)		$	258,102
Indefinite-lived intangible assets:
Tradenames		$	163,768				—			$	163,768

		December 31, 2020
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Value
Finite-lived intangible assets:
Customer relationships		$	245,274			$	(21,819	)		$	223,455
Tradenames			13,775				(3,369	)			10,406
Technology			24,595				(6,674	)			17,921
Total finite-lived intangible assets		$	283,644			$	(31,862	)		$	251,782
Indefinite-lived intangible assets:
Tradenames		$	152,740				—			$	152,740

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following outlines the estimated future amortization expense related to intangible assets held as of September 26, 2021:

2021 (excluding the thirty-nine weeks ended September 26, 2021)		$	3,573
2022			14,202
2023			14,039
2024			13,226
2025			13,189
Thereafter			199,873
Total		$	258,102

X

- Definition

Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration