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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Jan. 03, 2026
Goodwill and Other Intangible Assets |
Schedule of goodwill and other intangible assets | The carrying amounts of goodwill and other intangible assets, as of the dates indicated, consist of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 3, 2026 | ​ | December 28, 2024
​ | ​ ​ ​ | Gross Carrying | ​ ​ ​ | Accumulated | ​ ​ ​ | Net Carrying | ​ ​ ​ | Gross Carrying | ​ ​ ​ | Accumulated | ​ ​ ​ | Net Carrying
​ | ​ ​ ​ | Amount | ​ ​ ​ | Amortization | ​ ​ ​ | Amount | ​ ​ ​ | Amount | ​ ​ ​ | Amortization | ​ ​ ​ | Amount
Finite-Lived Intangible Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trademarks | ​ | $ | 6,800 | ​ | $ | 5,742 | ​ | $ | 1,058 | ​ | $ | 6,800 | ​ | $ | 5,289 | ​ | $ | 1,511
Customer relationships | ​ |  | 353,607 | ​ |  | 223,338 | ​ |  | 130,269 | ​ |  | 386,026 | ​ |  | 218,958 | ​ |  | 167,068
Total finite-lived intangible assets | ​ | $ | 360,407 | ​ | $ | 229,080 | ​ | $ | 131,327 | ​ | $ | 392,826 | ​ | $ | 224,247 | ​ | $ | 168,579
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Indefinite-Lived Intangible Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Goodwill | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 543,812 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 548,231
Trademarks | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 1,059,647 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 1,117,367
Total indefinite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,603,459 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,665,598
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total goodwill and other intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,734,786 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,834,177
Carrying amount of goodwill by operating segment | The changes in the carrying amount of goodwill by reporting unit for fiscal 2025 were as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Specialty | ​ | Meals | ​ | Frozen & Vegetables | ​ | Spices & Flavor Solutions | ​ | Total
Balance as of December 28, 2024 | ​ | $ | 223,778 | ​ | $ | 143,020 | ​ | $ | — | ​ | $ | 181,433 | ​ | $ | 548,231
Currency translation | ​ | ​ | 332 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 332
Don Pepino divestiture | ​ | ​ | (4,751) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4,751)
Balance as of January 3, 2026 | ​ | $ | 219,359 | ​ | $ | 143,020 | ​ | $ | — | ​ | $ | 181,433 | ​ | $ | 543,812
Summary of carrying amount of indefinite-lived trademark intangible assets by reporting unit | The changes in the carrying amount of indefinite-lived trademark intangible assets by reporting unit for fiscal 2025 were as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Specialty | ​ | Meals | ​ | Frozen & Vegetables | ​ | Spices & Flavor Solutions | ​ | Total
Balance as of December 28, 2024 | ​ | $ | 593,134 | ​ | $ | 219,764 | ​ | $ | 31,660 | ​ | $ | 272,809 | ​ | $ | 1,117,367
Currency translation | ​ | ​ | 720 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 720
Don Pepino divestiture | ​ | ​ | (780) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (780)
Le Sueur U.S. divestiture | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (2,934) | ​ | ​ | — | ​ | ​ | (2,934)
Assets held for sale - Green Giant Canada | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,292) | ​ | ​ | — | ​ | ​ | (6,292)
Impairment | ​ | ​ | — | ​ | ​ | (26,000) | ​ | ​ | (22,434) | ​ | ​ | — | ​ | ​ | (48,434)
Balance as of January 3, 2026 | ​ | $ | 593,074 | ​ | $ | 193,764 | ​ | $ | — | ​ | $ | 272,809 | ​ | $ | 1,059,647

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