Intangibles

3 Months Ended

Apr. 01, 2023

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

Intangibles

Intangible assets consist of the following (in thousands):

	April 1, 2023					December 31, 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	$	844,529	$	(479,402)	7.6	$	839,811	$	(460,885)
Backlog	0.0	8,899		(8,899)		0.1	8,301		(6,352)
Developed technology	8.5	85,791		(37,625)		8.3	79,763		(35,797)
		$	939,219	$	(525,926)		$	927,875	$	(503,034)
Indefinite-lived assets:
Trademarks and tradenames		$	1,377,769				$	1,369,391

The aggregate intangible amortization expense was $21.2 million and $33.6 million for the three months period ended April 1, 2023 and April 2, 2022, 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
2024	$	72,196
2025	60,078
2026	55,877
2027	51,348
2028	43,290
Thereafter	130,504
	$	413,293