Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.25.3
Intangible Assets (Tables)
9 Months Ended
Sep. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
September 27, 2025 December 31, 2024
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents 11 years $ 2,146  $ 2,146  $ 2,146  $ 2,146 
Non-compete Agreement 4 years 11,082  11,082  11,082  11,082 
Trade Names 10 years 11,562  10,494  11,380  10,351 
Completed and Unpatented Technology 9 years 47,975  44,680  47,818  42,617 
Customer Relationships 15 years 142,595  102,485  142,065  95,818 
Licensing Agreement 13 years 6,740  130  —  — 
Total Intangible Assets 13 years $ 222,100  $ 171,017  $ 214,491  $ 162,014 
Schedule of Amortization Expense for Acquired Intangibles Amortization expense for acquired intangibles is summarized as follows:
Nine Months Ended Three Months Ended
(In thousands)
September 27, 2025 September 28, 2024 September 27, 2025 September 28, 2024
Amortization Expense
$ 8,598  $ 9,728  $ 2,678  $ 3,189 
Schedule of Amortization Expense for Intangible Assets for Each of Next Five Years
Amortization expense for acquired intangible assets expected for 2025 and for each of the next five years is summarized as follows:
(In thousands)
2025 $ 11,228 
2026 $ 10,085 
2027 $ 8,377 
2028 $ 7,589 
2029 $ 6,216 
2030 $ 4,135