Company: GGG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000042888-25-000025
Chunk: 34

Company: GRACO INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 8
Chunk 34
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Weighted average life in years14103N/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 year to date was $13 million in 2025 and $8 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$11,674 $17,578 $14,538 $12,439 $11,802 $71,530 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 — (266)898 Foreign currency translation16,568 11,988 — 28,556 Balance, June 27, 2025$215,770 $229,686 $71,466 $516,922 

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10. Other Current Liabilities

Components of other current liabilities were as follows (in thousands):June 27,2025December 27,2024Accrued self-insurance retentions$8,263 $8,240 Accrued warranty and service liabilities19,937 18,712 Accrued trade promotions8,455 11,086 Payable for employee stock purchases7,814 16,767 Customer advances and deferred revenue59,980 52,522 Income taxes payable7,876 8,102 Tax payable, other9,408 14,557 Right of return refund liability14,731 15,557 Operating lease liabilities, current 8,271 7,838 Acquisition-related consideration payable— 10