Company: GGG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0000042888-25-000047
Chunk: 35

Company: GRACO INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 8
Chunk 35
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,082 $108,270 $271,093 Weighted average life in years1492N/AAs of December 27, 2024Cost$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 years1493N/AAmortization of intangibles for the third quarter was $7 million in 2025 and $5 million in 2024, and for the year to date was $20 million in 2025 and $13 million in 2024. Estimated annual amortization expense based on the current carrying amount of other intangible assets is as follows (in thousands):2025 (Remainder)2026202720282029ThereafterEstimated Amortization Expense$5,829 $21,682 $17,898 $14,680 $14,076 $88,658 Changes in the carrying amount of goodwill for each reportable segment were as follows (in thousands): ContractorIndustrialExpansion MarketsTotalBalance, December 27, 2024$198,038 $217,698 $71,732 $487,468 Adjustments from business acquisitions1,164 43,058 (266)43,956 Foreign currency translation16,653 12,413 — 29,066 Balance, September 26, 2025$215,855 $273,169 $71,466 $560,490 

12

10. Other Current Liabilities

Components of other current liabilities were as follows (in thousands):September 26,2025December 27,2024Accrued self-insurance retentions$8,172 $8,240 Accrued warranty and service liabilities20,420 18,712 Accrued trade promotions8,302 11,086 Payable for employee stock purchases11,413 16,767 Customer advances and deferred revenue103,418 52,522 Income taxes payable8,659 8,102 Tax payable, other12,007