Note

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 24, 2017

and

September 24, 2016

are as follows:

	June 24, 2017				September 24, 2016
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
	(in thousands)

FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	16,240	$	-	$	14,150	$	-

Amortized intangible assets
Non compete agreements		792		192		122		93
Customer relationships		48,491		33,923		35,491		31,895
License and rights		1,690		1,037		1,690		974
TOTAL FOOD SERVICE	$	67,213	$	35,152	$	51,453	$	32,962

RETAIL SUPERMARKETS

Indefinite lived intangible assets
Trade Names	$	6,557	$	-	$	7,206	$	-

Amortized Intangible Assets
Trade Names		649		97		-		-
Customer relationships		7,979		2,622		7,979		2,021
TOTAL RETAIL SUPERMARKETS	$	15,185	$	2,719	$	15,185	$	2,021


FROZEN BEVERAGES

Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Distribution rights		6,900		-		-		-

Amortized intangible assets
Customer relationships		257		44		200		28
Licenses and rights		1,400		776		1,400		723
TOTAL FROZEN BEVERAGES	$	17,872	$	820	$	10,915	$	751

CONSOLIDATED	$	100,270	$	38,691	$	77,553	$	35,734

Fully amortized intangible assets were removed from the above table during the

March 25, 2017

quarter and at

September 24, 2016.

Trade names of

$649,000

that were classified as indefinite lived intangible assets at

September 24, 2016

were reclassified to amortized intangible assets at

March 25, 2017

because of our current expectation that moderately declining product sales under that trade name are likely to continue. We have assigned a finite life of

five

years to that trade name.

Amortized intangible assets are being amortized by the straight-line method over periods ranging from

years and amortization expense is reflected throughout operating expenses. Intangible assets of

$6,957,000

were acquired during the quarter ended

June 24, 2017

in an ICEE distributor acquisition in our frozen beverage segment and intangible assets of

$15,760,000

were acquired in the

nine

months ended

June 24, 2017

in the Hill & Valley acquisition in our food service segment. There were

intangible assets acquired in the

nine

months ended

June 25, 2016.

Aggregate amortization expense of intangible assets for the

three

months ended

June 24, 2017

and

June 25, 2016

was

$828,000

and

$1,267,000,

respectively and for the

nine

months ended

June 24, 2017

and

June 25, 2016

was

$2,957,000

and

$3,924,000,

respectively.

Estimated amortization expense including the estimated impact from the Hill & Valley purchase and the ICEE distributor purchase described above and in Note

for the next

five

fiscal years is approximately

$3,900,000

2017,

$3,500,000

2018,

$3,400,000

2019,

$3,200,000

2020

and

$2,500,000

2021.

The weighted average amortization period of the intangible assets is

10.6

years.

Goodwill

The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows:

	Food S ervice		Retail Supermarket		Frozen Beverages		Total
		(in thousands)
Balance at June 24, 2017	$	61,007	$	3,670	$	37,176	$	101,853

Balance at September 24, 2016	$	46,832	$	3,670	$	35,940	$	86,442

Goodwill of

$1,236,000

was acquired in an ICEE distributor acquisition in our frozen beverage segment during the quarter ended

June 24, 2017

and goodwill of

$14,175,000

was acquired in the Hill & Valley acquisition in our food service segment in the

nine

months ended

June 24, 2017

and

none

was acquired in the

three

and

nine

months ended

June 25, 2016.