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Goodwill and Intangible Assets
3 Months Ended
Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Goodwill included the following:
(in thousands)
Balance at December 31, 2022$443,035 
Measurement period adjustments for SuperATV acquisition233 
Foreign currency translation68 
Balance at April 1, 2023$443,336 
Intangible Assets
Intangible assets included the following:
April 1, 2023December 31, 2022
Intangible assets subject to amortizationGross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
(in thousands)
Customer relationships$175,430 $24,156 $151,274 $175,430 $21,643 $153,787 
Trade names67,690 7,469 60,221 67,690 6,370 61,320 
Product Portfolio107,800 4,644 103,156 107,800 2,953 104,847 
Technology2,167 882 1,285 2,167 820 1,347 
Patents and Other1,430 367 1,063 1,430 322 1,108 
Total$354,517 $37,518 $316,999 $354,517 $32,108 $322,409 
Amortization expense was $5.5 million and $3.0 million during the three months ended April 1, 2023 and March 26, 2022, respectively.