Intangible Assets and Related Accumulated Amortization |
The primary components of the Company’s intangible assets and the related accumulated amortization are as follows: | | | | | | | | | | | | | | Gross | | Accumulated Amortization | | Net Book Value | Year ended December 28, 2019: | | | | | | Intangible assets subject to amortization: | | | | | | Trademarks and brand names | $ | 36,152 |
| | $ | 27,752 |
| | $ | 8,400 |
| Licensing agreements | 102,634 |
| | 57,942 |
| | 44,692 |
| Customer and distributor relationships | 163,831 |
| | 71,603 |
| | 92,228 |
| Computer software | 88,296 |
| | 46,840 |
| | 41,456 |
| Other intangibles | 3,156 |
| | 1,812 |
| | 1,344 |
| | $ | 394,069 |
| | $ | 205,949 |
| | 188,120 |
| Intangible assets not subject to amortization: | | | | | | Trademarks | | | | | 1,298,598 |
| Perpetual licensing agreements and other | | | | | 34,082 |
| Net book value of intangible assets | | | | | $ | 1,520,800 |
|
| | | | | | | | | | | | | | Gross | | Accumulated Amortization | | Net Book Value | Year ended December 29, 2018: | | | | | | Intangible assets subject to amortization: | | | | | | Trademarks and brand names | $ | 35,818 |
| | $ | 26,218 |
| | $ | 9,600 |
| Licensing agreements | 102,929 |
| | 50,222 |
| | 52,707 |
| Customer and distributor relationships | 166,176 |
| | 56,923 |
| | 109,253 |
| Computer software | 125,319 |
| | 90,203 |
| | 35,116 |
| Other intangibles | 3,343 |
| | 1,670 |
| | 1,673 |
| | $ | 433,585 |
| | $ | 225,236 |
| | 208,349 |
| Intangible assets not subject to amortization: | | | | | | Trademarks | | | | | 1,312,202 |
| Perpetual licensing agreements and other | | | | | 34,830 |
| Net book value of intangible assets | | | | | $ | 1,555,381 |
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Goodwill |
Goodwill and the changes in those amounts during the period are as follows: | | | | | | | | | | | | | | | | | | | | | | Innerwear | | Activewear | | International | | Other | | Total | Net book value at December 30, 2017 | $ | 406,853 |
| | $ | 316,950 |
| | $ | 415,531 |
| | $ | 27,673 |
| | $ | 1,167,007 |
| Acquisition of businesses | — |
| | (566 | ) | | 111,611 |
| | — |
| | 111,045 |
| Currency translation | — |
| | — |
| | (36,325 | ) | | — |
| | (36,325 | ) | | | | | | | | | | | Net book value at December 29, 2018 | $ | 406,853 |
| | $ | 316,384 |
| | $ | 490,817 |
| | $ | 27,673 |
| | $ | 1,241,727 |
| Acquisition of businesses | — |
| | — |
| | 221 |
| | — |
| | 221 |
| Currency translation | — |
| | — |
| | (6,237 | ) | | — |
| | (6,237 | ) | | | | | | | | | | | Net book value at December 28, 2019 | $ | 406,853 |
| | $ | 316,384 |
| | $ | 484,801 |
| | $ | 27,673 |
| | $ | 1,235,711 |
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