Goodwill and Indefinite-Lived Intangibles |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 30, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Indefinite-Lived Intangibles | GOODWILL AND INDEFINITE-LIVED INTANGIBLES The changes in the carrying amount of goodwill are as follows:
The Company’s indefinite-lived intangible assets, which comprise trade names and trademarks, totaled $604.5 million as of March 30, 2019 and December 29, 2018. The carrying value of the Company’s Sperry® trade name was $518.2 million as of March 30, 2019. If the operating results for Sperry® were to decline in future periods compared to current projections, the Company may need to record a non-cash impairment charge. |