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Goodwill and Other Intangible Assets

3 Months Ended

Jan. 01, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS:

Goodwill represents the excess of the fair value of consideration paid for an acquired entity over the fair value of assets acquired and liabilities assumed in a business combination. Goodwill is not amortized and is subject to an impairment test that the Company conducts annually or more frequently if a change in circumstances or the occurrence of events indicates that potential impairment exists, using discounted cash flows.

Changes in total goodwill during the three months ended January 1, 2021 are as follows (in thousands):


Segment	October 2, 2020		Acquisitions		Translation		January 1, 2021
FSS United States	$	3,953,332	$	5,194	$	51	$	3,958,577
FSS International	426,118		—		19,769		445,887
Uniforms	964,378		27		429		964,834
	$	5,343,828	$	5,221	$	20,249	$	5,369,298

Other intangible assets consist of the following (in thousands):


	January 1, 2021						October 2, 2020
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Customer relationship assets	$	1,986,182	$	(1,107,375)	$	878,807	$	2,195,700	$	(1,308,002)	$	887,698
Trade names	1,064,346		(8,690)		1,055,656		1,052,744		(7,805)		1,044,939
	$	3,050,528	$	(1,116,065)	$	1,934,463	$	3,248,444	$	(1,315,807)	$	1,932,637

Amortization of intangible assets for the three months ended January 1, 2021 and December 27, 2019 was approximately $29.6 million and $29.1 million, respectively.