Intangible Assets

12 Months Ended

Dec. 29, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Goodwill and changes in the carrying amount of goodwill are as follows for the periods presented:

in thousands	December 29, 2022		December 30, 2021
Goodwill, balance at beginning of year	$	255,473	$	227,447
Acquisitions (1)	—		28,026
Goodwill, balance at end of year	$	255,473	$	255,473

(1)    Reflects goodwill related to the Spartan acquisition completed in fiscal 2021. See Note 14, “Acquisitions” for additional details.

The gross carrying amount and accumulated amortization of other intangible assets as of December 29, 2022 and December 30, 2021 are as follows:

	December 29, 2022						December 30, 2021
in thousands	Gross carrying amount (1)		Accumulated amortization		Net carrying value		Gross carrying amount (1)		Accumulated amortization		Net carrying value
Amortizable intangible assets:
Customer relationships	$	38,216	$	(4,728)	$	33,488	$	34,900	$	(1,697)	$	33,203
Non-compete agreement	300		(104)		196		300		(37)		263
Total amortizable intangible assets	38,516		(4,832)		33,684		35,200		(1,734)		33,466
Indefinite-lived intangible assets:
Trade names	118,669		—		118,669		118,469		—		118,469
Total intangible assets:	$	157,185	$	(4,832)	$	152,353	$	153,669	$	(1,734)	$	151,935

(1)    Refer to Note 14, “Acquisitions” for details related to intangible assets acquired during fiscal 2022 and fiscal 2021.

Amortization expense related to amortizable intangible assets was $3.1 million and $1.7 million for the fiscal years ended December 29, 2022 and December 30, 2021, respectively. Amortization expense related to amortizable intangible assets was immaterial for the fiscal year ended December 31, 2020.

As of December 29, 2022, the estimated aggregate future amortizable expense related to other intangible assets is as follows:

in thousands	Amount
2023	$	3,250
2024	3,250
2025	3,250
2026	3,185
2027	3,185
Thereafter	17,564
Total	$	33,684