v3.24.1.u1
Other Assets Intangible Assets (Tables)
3 Months Ended
Mar. 28, 2024
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Intangible assets are summarized as follows:

March 28,
2024
December 31,
2023
Intangible assets  
Favorable leasehold interests$2.8 $2.8 
Developed technology asset103.1 103.1 
Customer relationships intangible asset139.6 139.6 
Total intangible assets245.5 245.5 
Less: Accumulated amortization - favorable leasehold interest(2.2)(2.1)
         Accumulated amortization - developed technology asset(23.6)(21.9)
         Accumulated amortization - customer relationship(27.3)(25.3)
Intangible assets, net$192.4 $196.2 
Amortization expense was $3.8 and $3.7 for the for the three months ended March 28, 2024 and March 30, 2023, respectively.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The amortization for each of the five succeeding years relating to intangible assets currently recorded in the Condensed Consolidated Balance Sheets and the weighted average amortization is estimated to be the following as of March 28, 2024:

YearCustomer relationshipsFavorable leasehold interest
Developed technology
Total
remaining in 2024$6.2 $0.1 $5.2 $11.5 
20258.2 0.1 6.9 15.2 
20268.2 0.1 6.9 15.2 
20278.2 0.1 6.9 15.2 
20288.2 0.1 6.9 15.2 
20297.8 0.1 6.9 14.8 
Weighted average amortization period14.2 years5.3 years11.6 years13.1 years