FOX FACTORY HOLDING CORP Goodwill & Intangibles Disclosure
| Gross carrying amount | Accumulated amortization | Net carrying amount | Weighted average life (years) | ||||||||||||||||||||||||||
| January 02, 2026 | |||||||||||||||||||||||||||||
| Trademarks and brands, subject to amortization | $ | 234,194 | $ | (42,230) | $ | (5,714) | $ | 186,250 | 14 | ||||||||||||||||||||
| Customer and distributor relationships | 293,058 | (153,340) | (2,070) | 137,648 | 12 | ||||||||||||||||||||||||
| Core technologies | 61,278 | (41,108) | (220) | 19,950 | 10 | ||||||||||||||||||||||||
| Total | $ | 588,530 | $ | (236,678) | $ | (8,004) | 343,848 | ||||||||||||||||||||||
| Trademarks and brands, not subject to amortization | 55,570 | ||||||||||||||||||||||||||||
| Total | $ | 399,418 | |||||||||||||||||||||||||||
| January 3, 2025 | |||||||||||||||||||||||||||||
| Trademarks and brands, subject to amortization | $ | 233,728 | $ | (25,172) | $ | — | $ | 208,556 | 14 | ||||||||||||||||||||
| Customer and distributor relationships | 292,934 | (131,349) | — | 161,585 | 12 | ||||||||||||||||||||||||
| Core technologies | 62,169 | (39,015) | — | 23,154 | 10 | ||||||||||||||||||||||||
| Total | $ | 588,831 | $ | (195,536) | $ | — | 393,295 | ||||||||||||||||||||||
| Trademarks and brands, not subject to amortization | 55,570 | ||||||||||||||||||||||||||||
| Total | $ | 448,865 | |||||||||||||||||||||||||||
| For the fiscal years ended | |||||||||||||||||
| January 2, 2026 | January 3, 2025 | December 29, 2023 | |||||||||||||||
| Amortization of intangibles | $ | 42,030 | $ | 44,528 | $ | 26,509 | |||||||||||
| For fiscal year: | Amortization Expense | ||||
| 2026 | $ | 40,269 | |||
| 2027 | 39,031 | ||||
| 2028 | 36,452 | ||||
| 2029 | 35,228 | ||||
| 2030 | 25,292 | ||||
| Thereafter | 167,576 | ||||
| Total expected future amortization | $ | 343,848 | |||
| PVG | AAG | SSG | Total | ||||||||||||||||||||
| Balance as of December 29, 2023 | $ | 90,683 | $ | 257,972 | $ | 287,910 | $ | 636,565 | |||||||||||||||
| 3,504 | 1,879 | — | 5,383 | ||||||||||||||||||||
| — | (1,608) | (670) | (2,278) | ||||||||||||||||||||
| Currency translation and other adjustments | (124) | — | (41) | (165) | |||||||||||||||||||
| Balance as of January 3, 2025 | $ | 94,063 | $ | 258,243 | $ | 287,199 | $ | 639,505 | |||||||||||||||
| Impairment losses | (95,328) | (258,243) | (203,695) | (557,266) | |||||||||||||||||||
| 1,252 | — | — | 1,252 | ||||||||||||||||||||
| Currency translation and other adjustments | 13 | — | 71 | 84 | |||||||||||||||||||
| Balance as of January 2, 2026 | $ | — | $ | — | $ | 83,575 | $ | 83,575 | |||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Feb 27, 2026 | Showing above |
| 2025 | Feb 28, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2021 | Feb 25, 2021 | |
| 2020 | Mar 3, 2020 | |
| 2018 | Feb 26, 2019 | |
| 2017 | Feb 27, 2018 | |
| 2016 | Mar 1, 2017 | |
| 2015 | Feb 29, 2016 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.