XML 27 R16.htm IDEA: XBRL DOCUMENT v3.21.2
GOODWILL AND INTANGIBLE ASSETS
6 Months Ended
Jun. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
The following table provides a rollforward of the Company’s goodwill:
 Adjustments to Goodwill 
December 26, 2020AcquisitionsForeign ExchangeJune 26, 2021
(in thousands)
RMS$287,759 $— $97 $287,856 
DSA1,378,130 122,227 994 1,501,351 
Manufacturing143,279 603,379 4,202 750,860 
Goodwill$1,809,168 $725,606 $5,293 $2,540,067 
The increase in goodwill during the six months ended June 26, 2021 related primarily to the acquisitions of Cognate in the Manufacturing reportable segment and Distributed Bio and Retrogenix in the DSA reportable segment.
Intangible Assets, Net
The following table displays intangible assets, net by major class:
 June 26, 2021December 26, 2020
GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
(in thousands)
Backlog$9,844 $(4,291)$5,553 $29,233 $(29,233)$— 
Technology138,207 (89,911)48,296 130,907 (81,305)49,602 
Trademarks and trade names13,568 (2,704)10,864 15,870 (5,648)10,222 
Other33,327 (5,589)27,738 20,903 (14,633)6,270 
Other intangible assets194,946 (102,495)92,451 196,913 (130,819)66,094 
Client relationships1,431,254 (466,930)964,324 1,137,331 (415,826)721,505 
Intangible assets$1,626,200 $(569,425)$1,056,775 $1,334,244 $(546,645)$787,599 
The increase in intangible assets, net during the six months ended June 26, 2021 related primarily to the acquisitions of Cognate, Distributed Bio and Retrogenix.