Intangible Assets (Tables)

6 Months Ended

Jun. 27, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Components of other intangible assets were as follows (dollars in thousands):


	Finite Life						Indefinite Life
	Customer Relationships		Patents and Proprietary Technology		Trademarks, Trade Names and Other		Trade Names		Total
As of June 27, 2025
Cost	$	270,586	$	30,990	$	3,756	$	95,091	$	400,423
Accumulated amortization	(154,344)		(8,524)		(3,112)		—		(165,980)
Foreign currency translation	(1,165)		1,288		86		6,872		7,081
Book value	$	115,077	$	23,754	$	730	$	101,963	$	241,524
Weighted average life in years	14		10		3		N/A


As of December 27, 2024
Cost	$	270,910	$	34,731	$	3,756	$	95,091	$	404,488
Accumulated amortization	(143,689)		(10,534)		(1,478)		—		(155,701)
Foreign currency translation	(12,102)		(1,182)		(79)		(2,118)		(15,481)
Book value	$	115,119	$	23,015	$	2,199	$	92,973	$	233,306
Weighted average life in years	14		9		3		N/A

Future Amortization Expense

Estimated annual amortization expense based on the current carrying amount of other intangible assets is as follows (in thousands):


	2025 (Remainder)		2026		2027		2028		2029		Thereafter
Estimated Amortization Expense	$	11,674	$	17,578	$	14,538	$	12,439	$	11,802	$	71,530

Goodwill Rollforward

Changes in the carrying amount of goodwill for each reportable segment were as follows (in thousands):


	Contractor		Industrial		Expansion Markets		Total
Balance, December 27, 2024	$	198,038	$	217,698	$	71,732	$	487,468
Adjustments from business acquisitions	1,164		—		(266)		898

Foreign currency translation	16,568		11,988		—		28,556
Balance, June 27, 2025	$	215,770	$	229,686	$	71,466	$	516,922

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details

GRACO INC 10-Q