Intangibles (Notes)

6 Months Ended

Jul. 02, 2022

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

Intangibles

Intangible assets consist of the following (in thousands):

	July 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	7.5	$	834,765	$	(429,322)	7.6	$	863,339	$	(411,327)
Backlog	0.3	14,678		(13,646)		0.2	13,684		(929)
Developed technology	8.5	72,066		(32,332)		8.9	73,461		(29,952)
		$	921,509	$	(475,300)		$	950,484	$	(442,208)
Indefinite-lived assets:
Trademarks and tradenames		$	1,358,827				$	1,367,101

The aggregate intangible amortization expense was $16.5 million and $17.9 million for the three months period ended July 2, 2022 and July 3, 2021, respectively. The aggregate intangible amortization expense was $50.1 million and $36.7 million for the six months period ended July 2, 2022 and July 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 Second Quarter	Amortization Expense
2023	$	76,959
2024	69,104
2025	57,683
2026	55,254
2027	48,742
Thereafter	138,467
	$	446,209