Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.26.1
Intangible Assets (Tables)
3 Months Ended
Apr. 04, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
April 4, 2026 December 31, 2025
(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 11,549  10,587  11,565  10,541 
Completed and Unpatented Technology 9 years 47,953  45,733  47,980  45,207 
Backlog 4 years 3,916  390  3,991  177 
Customer Relationships 15 years 145,664  105,845  145,773  104,531 
Licensing Agreement 13 years 6,760  967  6,760  260 
Total Intangible Assets 13 years $ 229,070  $ 176,750  $ 229,297  $ 173,944 
Schedule of Amortization Expense for Acquired Intangibles Amortization expense for acquired intangibles is summarized as follows:
Three Months Ended
(In thousands)
April 4, 2026 March 29, 2025
Amortization Expense
$ 2,887  $ 2,975 
Schedule of Amortization Expense for Intangible Assets for Each of Next Five Years
Amortization expense for acquired intangible assets expected for 2026 and for each of the next five years is summarized as follows:
(In thousands)
2026 $ 11,261 
2027 $ 9,498 
2028 $ 8,711 
2029 $ 7,161 
2030 $ 4,406 
2031 $ 4,195