Intangibles (Notes)

3 Months Ended

Apr. 02, 2022

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

Intangibles

Intangible assets consist of the following (in thousands):

	April 2, 2022					January 1, 2022
	Estimated Weighted Avg Remaining Life	Gross Carrying Amount		Accumulated Amortization		Estimated Weighted Avg Remaining Life	Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer lists	7.4	$	863,339	$	(430,729)	7.6	$	863,339	$	(411,327)
Backlog	0.0	13,646		(13,646)		0.2	13,684		(929)
Developed technology	8.7	73,701		(31,555)		8.9	73,461		(29,952)
		$	950,686	$	(475,930)		$	950,484	$	(442,208)
Indefinite-lived assets:
Trademarks and tradenames		$	1,360,401				$	1,367,101

The aggregate intangible amortization expense was $33.6 million and $18.8 million for the three months period ended April 2, 2022 and April 3, 2021, respectively. The estimated future amortization expense of intangible assets is as follows (in thousands):

 

Twelve Month Period coinciding with the end of the company's Fiscal First Quarter	Amortization Expense
2023	$	80,942
2024	74,658
2025	62,315
2026	57,876
2027	53,343
Thereafter	145,622
	$	474,756