Company: GGG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0000042888-25-000047
Chunk: 34

Company: GRACO INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 8
Chunk 34
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(2,917)(2,543)(8,724)(7,610)Amortization and other(218)835 148 2,478 Net periodic benefit cost$402 $1,650 $1,964 $5,580 Postretirement MedicalService cost$76 $91 $229 $258 Interest cost285 305 854 861 Amortization(68)53 (204)— Net periodic benefit cost$293 $449 $879 $1,119 

8. Receivables and Credit Losses

Accounts receivable includes trade receivables of $373 million and other receivables of $16 million as of September 26, 2025 and $348 million and $15 million of trade receivables and other receivables, respectively, as of December 27, 2024.Allowance for Credit LossesFollowing is a summary of activity for credit losses (in thousands):Three Months EndedNine Months EndedSeptember 26,2025September 27,2024September 26,2025September 27,2024Balance, beginning$5,331 $4,885 $4,973 $4,655 (Reversals) additions charged to costs and expenses(47)233 46 738 Deductions from reserves (1)(152)(295)(157)(462)Other additions (2)5 118 275 10 Balance, ending$5,137 $4,941 $5,137 $4,941 (1)    Represents amounts determined to be uncollectible and charged against reserves, net of collections on accounts previously charged against reserves. (2)  Includes effects of foreign currency translation.

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9. Intangible Assets

Components of other intangible assets were as follows (dollars in thousands):Finite LifeIndefinite LifeCustomerRelationshipsPatents andProprietaryTechnologyTrademarks,Trade Namesand OtherTrade NamesTotalAs of September 26, 2025Cost$290,256 $37,805 $5,447 $101,231 $434,739 Accumulated amortization(159,346)(9,494)(1,365)— (170,205)Foreign currency translation(1,686)1,206 — 7,039 6,559 Book value$129,224 $29,517 $4