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

Company: GRACO INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 1
Chunk 10
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, 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.

11

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 $4,082 $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