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Note 10 | 9 Months Ended
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Jun. 27, 2015
Disclosure Text Block [Abstract] |
Intangible Assets Disclosure [Text Block] |
Note 10 | Our three reporting units, which are also reportable segments, are Food Service, Retail Supermarkets and Frozen Beverages.
The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 27, 2015 and September 27, 2014 are as follows:
|  | June 27, 2015 |  |  | September 27, 2014 |
|  | Gross |  |  |  |  |  |  | Gross |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Accumulated |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amortization |
|  | (in thousands) |
FOOD SERVICE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Names |  | $ | 13,072 |  |  | $ | - |  |  | $ | 13,072 |  |  | $ | - |
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non compete agreements |  |  | 592 |  |  |  | 532 |  |  |  | 592 |  |  |  | 509 |
Customer relationships |  |  | 40,797 |  |  |  | 32,679 |  |  |  | 40,797 |  |  |  | 29,914 |
License and rights |  |  | 3,606 |  |  |  | 2,779 |  |  |  | 3,606 |  |  |  | 2,708 |
TOTAL FOOD SERVICE |  | $ | 58,067 |  |  | $ | 35,990 |  |  | $ | 58,067 |  |  | $ | 33,131 |
RETAIL SUPERMARKETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Names |  | $ | 7,206 |  |  | $ | - |  |  | $ | 7,206 |  |  | $ | - |
Amortized Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non compete agreements |  |  | 160 |  |  |  | 94 |  |  |  | 160 |  |  |  | 34 |
Customer relationships |  |  | 7,979 |  |  |  | 1,020 |  |  |  | 7,979 |  |  |  | 420 |
TOTAL RETAIL SUPERMARKETS |  | $ | 15,345 |  |  | $ | 1,114 |  |  | $ | 15,345 |  |  | $ | 454 |
FROZEN BEVERAGES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Names |  | $ | 9,315 |  |  | $ | - |  |  | $ | 9,315 |  |  | $ | - |
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non compete agreements |  |  | 198 |  |  |  | 198 |  |  |  | 198 |  |  |  | 198 |
Customer relationships |  |  | 6,678 |  |  |  | 5,915 |  |  |  | 6,478 |  |  |  | 5,448 |
Licenses and rights |  |  | 1,601 |  |  |  | 837 |  |  |  | 1,601 |  |  |  | 784 |
TOTAL FROZEN BEVERAGES |  | $ | 17,792 |  |  | $ | 6,950 |  |  | $ | 17,592 |  |  | $ | 6,430 |
CONSOLIDATED |  | $ | 91,204 |  |  | $ | 44,054 |  |  | $ | 91,004 |  |  | $ | 40,015 |
Amortized intangible assets are being amortized by the straight-line method over periods ranging from 3 to 20 years and amortization expense is reflected throughout operating expenses. Intangible assets of $200,000 were acquired in the three and nine months ended June 27, 2015 in the Frozen Beverages segment. Aggregate amortization expense of intangible assets for the three months ended June 27, 2015 and June 28, 2014 was $1,332,000 and $1,290,000, respectively and for the nine months ended June 27, 2015 and June 28, 2014 was $4,039,000 and $3,576,000, respectively. Estimated amortization expense for the next five fiscal years is approximately $5,400,000 in 2015 and $5,100,000 in 2016, $2,600,000 in 2017, $1,800,000 in 2018 and $1,700,000 in 2019. The weighted average amortization period of the intangible assets is 10.0 years. Goodwill The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows:
|  | Food |  |  | Retail |  |  | Frozen |  |  |  |
|  | Service |  |  | Supermarket |  |  | Beverages |  |  | Total |
|  | (in thousands) |
Balance at June 27, 2015 |  | $ | 46,832 |  |  | $ | 3,670 |  |  | $ | 35,940 |  |  | $ | 86,442 |
Balance at September 27, 2014 |  | $ | 46,832 |  |  | $ | 3,670 |  |  | $ | 35,940 |  |  | $ | 86,442 |
There was no goodwill acquired in the three and nine months ended June 27, 2015.

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