XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Other Intangible Assets | 6 Months Ended
--- | ---
Apr. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | 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 six months ended April 1, 2022 are as follows (in thousands):
Segment | October 1, 2021 |  | Acquisitions |  |  |  | Translation |  | April 1, 2022
FSS United States | $ | 4,087,936 |  |  | $ | 983 |  |  |  |  | $ | 14 |  |  | $ | 4,088,933 |
FSS International | 434,465 |  |  | 25,072 |  |  |  |  | (8,527) |  |  | 451,010 |
Uniforms | 964,896 |  |  | — |  |  |  |  | 99 |  |  | 964,995 |
| $ | 5,487,297 |  |  | $ | 26,055 |  |  |  |  | $ | (8,414) |  |  | $ | 5,504,938 |
Other intangible assets consist of the following (in thousands):
| April 1, 2022 |  | October 1, 2021
| Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Customer relationship assets | $ | 1,371,406 |  |  | $ | (446,744) |  |  | $ | 924,662 |  |  | $ | 2,106,423 |  |  | $ | (1,173,092) |  |  | $ | 933,331 |
Trade names | 1,105,871 |  |  | (3,431) |  |  | 1,102,440 |  |  | 1,100,579 |  |  | (5,288) |  |  | 1,095,291 |
| $ | 2,477,277 |  |  | $ | (450,175) |  |  | $ | 2,027,102 |  |  | $ | 3,207,002 |  |  | $ | (1,178,380) |  |  | $ | 2,028,622 |
Amortization of intangible assets for the six months ended April 1, 2022 and April 2, 2021 was approximately $54.4 million and $57.6 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration