Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.21.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Amounts by Operating Segment
Goodwill amounts by reportable segment are summarized as follows:
Goodwill at
Acquisitions (1)
Dispositions
Other (2)
Goodwill at
December 26, 2020 June 26, 2021
Hardware and Protective Solutions $ 565,578  $ 9,450  $ —  $ 13  $ 575,041 
Robotics and Digital Solutions 220,936  —  —  —  220,936 
Canada 29,686  —  —  1,306  30,992 
Total $ 816,200  $ 9,450  $ —  $ 1,319  $ 826,969 
Schedule of Finite-Lived Intangible Assets
Other intangibles, net, as of June 26, 2021 and December 26, 2020 consist of the following: 
Estimated
Useful Life
(Years)
June 26, 2021 December 26, 2020
Customer relationships 13 - 20 $ 966,515  $ 941,648 
Trademarks - Indefinite Indefinite 85,890  85,603 
Trademarks - Other 7 - 15 29,000  26,400 
Technology and patents 7 - 12 67,774  63,749 
Intangible assets, gross 1,149,179  1,117,400 
Less: Accumulated amortization 322,230  291,434 
Other intangibles, net $ 826,949  $ 825,966 
Schedule of Indefinite-Lived Intangible Assets
Other intangibles, net, as of June 26, 2021 and December 26, 2020 consist of the following: 
Estimated
Useful Life
(Years)
June 26, 2021 December 26, 2020
Customer relationships 13 - 20 $ 966,515  $ 941,648 
Trademarks - Indefinite Indefinite 85,890  85,603 
Trademarks - Other 7 - 15 29,000  26,400 
Technology and patents 7 - 12 67,774  63,749 
Intangible assets, gross 1,149,179  1,117,400 
Less: Accumulated amortization 322,230  291,434 
Other intangibles, net $ 826,949  $ 825,966