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Goodwill and Other Intangible Assets
9 Months Ended
Jun. 27, 2025
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 nine months ended June 27, 2025 are as follows (in thousands):
Segment
September 27, 2024AcquisitionsTranslationJune 27, 2025
FSS United States$4,184,547 $45,375 $(34)$4,229,888 
FSS International492,654 111,477 18,701 622,832 
$4,677,201 $156,852 $18,667 $4,852,720 
Other intangible assets consist of the following (in thousands):
June 27, 2025September 27, 2024
Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Customer relationship assets$1,284,061 $(592,045)$692,016 $1,168,108 $(521,102)$647,006 
Trade names1,271,535 (63,640)1,207,895 1,197,486 (39,890)1,157,596 
$2,555,596 $(655,685)$1,899,911 $2,365,594 $(560,992)$1,804,602 
Amortization of intangible assets for the nine months ended June 27, 2025 and June 28, 2024 was $90.6 million and $78.8 million, respectively.