Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets

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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 25, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill amounts by reportable segment are summarized as follows:
Goodwill at
Acquisitions (1)
Dispositions
Other (2)
Goodwill at
December 26, 2020 September 25, 2021
Hardware and Protective Solutions $ 565,578  $ 9,450  $ —  $ (32) $ 574,996 
Robotics and Digital Solutions 220,936  —  —  —  220,936 
Canada 29,686  —  —  363  30,049 
Total $ 816,200  $ 9,450  $ —  $ 331  $ 825,981 
 
(1)See Note 5 - Acquisitions for additional information regarding the OZCO acquisition.
(2)The "Other" change to goodwill relates to adjustments resulting from fluctuations in foreign currency exchange rates for the Canada and Mexico reporting units.
Other intangibles, net, as of September 25, 2021 and December 26, 2020 consist of the following: 
Estimated
Useful Life
(Years)
September 25, 2021 December 26, 2020
Customer relationships 13 - 20 $ 965,488  $ 941,648 
Trademarks - Indefinite Indefinite 85,676  85,603 
Trademarks - Other 7 - 15 29,000  26,400 
Technology and patents 8 - 12 67,756  63,749 
Intangible assets, gross 1,147,920  1,117,400 
Less: Accumulated amortization 337,361  291,434 
Other intangibles, net $ 810,559  $ 825,966 
The amortization expense for amortizable assets, including the adjustments resulting from fluctuations in foreign currency exchange rates for the thirteen and thirty-nine weeks ended September 25, 2021 was $15,504 and $45,827, respectively. Amortization expense for the thirteen and thirty-nine weeks ended September 26, 2020 was $14,883 and $44,596, respectively.The Company tests goodwill and indefinite-lived intangible assets for impairment annually in the fourth quarter. Impairment is also tested when events or changes in circumstances indicate that the carrying values of the assets may be greater than their fair values. During the thirteen and thirty-nine weeks ended September 25, 2021 and the thirteen and thirty-nine weeks ended September 26, 2020, the Company did not identify any triggering events that would result in an impairment analysis outside of the annual assessment.