Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets

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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 25, 2022
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 25, 2021 June 25, 2022
Hardware and Protective Solutions $ 574,698  $ (158) $ —  $ 133  $ 574,673 
Robotics and Digital Solutions 220,936  —  —  —  220,936 
Canada 29,737  —  —  (276) 29,461 
Total $ 825,371  $ (158) $ —  $ (143) $ 825,070 
 
(1)The amount relates to the Ozco acquisition, see Note 5 - Acquisitions for additional information.
(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 June 25, 2022 and December 25, 2021 consist of the following: 
Estimated
Useful Life
(Years)
June 25, 2022 December 25, 2021
Customer relationships 13 - 20 $ 964,919  $ 965,054 
Trademarks - Indefinite Indefinite 85,554  85,591 
Trademarks - Other 7 - 15 31,387  29,000 
Technology and patents 8 - 12 67,743  67,750 
Intangible assets, gross 1,149,603  1,147,395 
Less: Accumulated amortization 383,715  352,695 
Other intangibles, net $ 765,888  $ 794,700 
The amortization expense for intangible assets, including the adjustments resulting from fluctuations in foreign currency exchange rates for the thirteen and twenty-six weeks ended June 25, 2022 was $15,566 and $31,087, respectively. Amortization expense for the thirteen and twenty-six weeks ended June 26, 2021 was $15,414 and $30,323, 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 twenty-six weeks ended June 25, 2022 and the thirteen and twenty-six weeks ended June 26, 2021, the Company did not identify any triggering events that would result in an impairment analysis outside of the annual assessment.