Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS AND GOODWILL (Tables)

v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 6 Months Ended
Jul. 04, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The following tables present components of "intangible assets, net" recorded in the Company's balance sheets:
(In thousands)
Amortization Period
 Amortization Method Cost Accumulated Amortization Net Carrying Amount
June 2026
Finite-lived intangible assets:
Customer relationships 12 years Accelerated $ 36,943  $ 4,124  $ 32,819 
Indefinite-lived intangible assets:
Trademarks and trade names $ 414,909 
Intangible assets, net $ 447,728 
(In thousands)
Amortization Period
 Amortization Method Cost Accumulated Amortization Net Carrying Amount
December 2025
Finite-lived intangible assets:
Trademarks 16 years Straight-line $ 58,132  $ 52,095  $ 6,037 
Customer relationships 12 years Accelerated $ 36,136  $ 2,198  $ 33,939 
Indefinite-lived intangible assets:
Trademarks and trade names 405,608 
Intangible assets, net $ 445,584 
Schedule of Finite-Lived Intangible Assets
The following tables present components of "intangible assets, net" recorded in the Company's balance sheets:
(In thousands)
Amortization Period
 Amortization Method Cost Accumulated Amortization Net Carrying Amount
June 2026
Finite-lived intangible assets:
Customer relationships 12 years Accelerated $ 36,943  $ 4,124  $ 32,819 
Indefinite-lived intangible assets:
Trademarks and trade names $ 414,909 
Intangible assets, net $ 447,728 
(In thousands)
Amortization Period
 Amortization Method Cost Accumulated Amortization Net Carrying Amount
December 2025
Finite-lived intangible assets:
Trademarks 16 years Straight-line $ 58,132  $ 52,095  $ 6,037 
Customer relationships 12 years Accelerated $ 36,136  $ 2,198  $ 33,939 
Indefinite-lived intangible assets:
Trademarks and trade names 405,608 
Intangible assets, net $ 445,584 
Schedule of Changes in Goodwill
The following table presents changes in "goodwill" recorded in the Company's balance sheets, summarized by reportable segment:
(In thousands) Wrangler Helly Hansen Other Total
Balance, December 2025 $ 129,054  $ 316,929  $ 5,023  $ 451,006 
Currency translation (706) 7,373  168  6,835 
Measurement period adjustments —  3,215  —  3,215 
Balance, June 2026 $ 128,348  $ 327,517  $ 5,191  $ 461,056