Goodwill and Intangible Assets (Tables)

3 Months Ended

Apr. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the fiscal quarter ended April 2, 2022 are summarized as follows (in thousands):

Goodwill	$	160,829
Accumulated goodwill impairment	(71,893)
Goodwill, net at January 1, 2022	88,936
Additions due to acquisitions	2,409
Foreign currency translation adjustment	(386)
Goodwill, net at April 2, 2022	$	90,959

Goodwill at April 2, 2022, is comprised of goodwill of $162.9 million and accumulated impairment of $71.9 million. There were no impairment losses related to goodwill during the fiscal quarter ended April 2, 2022 or during the fiscal year ended January 1, 2022.

Schedule of components of acquired identifiable intangible assets

The components of acquired identifiable intangible assets are as follows (in thousands):

		April 2, 2022						January 1, 2022
	Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Non-competition agreements	5	$	—	$	—	$	—	$	280	$	(275)	$	5
Customer relationships	10	12,370		(4,284)		8,086		8,220		(4,044)		4,176
Total		$	12,370	$	(4,284)	$	8,086	$	8,500	$	(4,319)	$	4,181