Goodwill and Intangible Assets (Tables)

6 Months Ended

Jul. 03, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Other Intangible Assets

The following table represents our other intangible assets with finite useful lives:

(In thousands)	Gross Carrying Amount		Accumulated Amortization		Net Book Value
As of July 3, 2022:
Developed technology	$	3,700	$	(925)	$	2,775
Brand	15,800		(2,963)		12,837
Non-compete agreements	3,400		(850)		2,550
Software development costs1	6,286		(47)		6,239
Total	$	29,186	$	(4,785)	$	24,401
As of January 2, 2022:
Developed technology	$	3,700	$	(308)	$	3,392
Brand	15,800		(988)		14,812
Non-compete agreements	3,400		(283)		3,117
Software development costs1	3,579		(21)		3,558
Total	$	26,479	$	(1,600)	$	24,879

1 Includes our external-use software development costs which are being capitalized in accordance with ASC 985-20, Software to be Sold or Leased Externally. Refer to Note 1. Organization and Summary of Significant Accounting Policies for details.

Schedule of Future Amortization Expense

As of July 3, 2022, the estimated future amortization expense related to intangible assets with finite useful lives for each of the next four fiscal years was as follows, through the end of the useful life of all intangible assets:

Fiscal Year	Expected Amortization Expense
2022 (remaining 6 months)	$	4,210
2023	10,467
2024	6,762
2025	2,962
Total	$	24,401