Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangibles

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Goodwill and Intangibles
 3 Months Ended
Apr. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles [Text Block] Goodwill and Other Intangibles
Changes in the Company's goodwill during the three months ended April 3, 2021 and March 28, 2020, by segment, are summarized below:
(in millions) Propulsion Parts and Accessories Boat Total
December 31, 2020 $ 15.3  $ 372.5  $ 29.9  $ 417.7 
Acquisitions —  —  5.3  5.3 
Adjustments (0.3) —  —  (0.3)
April 3, 2021 $ 15.0  $ 372.5  $ 35.2  $ 422.7 
December 31, 2019 $ 14.5  $ 371.9  $ 28.6  $ 415.0 
Adjustments (0.7) (0.3) —  (1.0)
March 28, 2020 $ 13.8  $ 371.6  $ 28.6  $ 414.0 


Adjustments in both periods include the effect of foreign currency translation on goodwill denominated in currencies other than the U.S. dollar. There was no accumulated impairment loss on Goodwill as of April 3, 2021, December 31, 2020 or March 28, 2020.

The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of April 3, 2021, December 31, 2020 and March 28, 2020, are summarized by intangible asset type below:
April 3, 2021 December 31, 2020 March 28, 2020
(in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization
Intangible assets:
  Customer relationships $ 687.7  $ (314.3) $ 687.7  $ (306.4) $ 686.6  $ (282.3)
  Trade names 166.2  —  166.2  —  165.5  — 
  Other 18.5  (13.8) 18.5  (13.7) 18.3  (13.1)
    Total $ 872.4  $ (328.1) $ 872.4  $ (320.1) $ 870.4  $ (295.4)

Other intangible assets primarily consist of patents and franchise agreements. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $8.0 million for both the three months ended April 3, 2021 and March 28, 2020, respectively.
The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of April 3, 2021, December 31, 2020 and March 28, 2020, are summarized by segment below:
April 3, 2021 December 31, 2020 March 28, 2020
(in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization
Propulsion $ 1.0  $ (0.5) $ 1.0  $ (0.5) $ 1.0  $ (0.5)
Parts and Accessories 618.7  (119.9) 618.8  (112.4) 616.9  (89.2)
Boat 252.7  (207.7) 252.6  (207.2) 252.5  (205.7)
   Total $ 872.4  $ (328.1) $ 872.4  $ (320.1) $ 870.4  $ (295.4)
The Company tests its intangible assets for impairment during the fourth quarter of each year, or whenever a significant change in events and circumstances (triggering event) occurs that indicates the fair value of intangible assets may be below their carrying values. The Company did not record an impairment charge during the three months ended April 3, 2021 or March 28, 2020.