Intangible Assets

12 Months Ended

Oct. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

7. Intangible Assets

The gross carrying amounts and accumulated amortization of intangible assets are as follows at the dates indicated:


	October 2, 2021						October 3, 2020
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Total		Gross Carrying Amount		Accumulated Amortization		Total
Finite lived: Engineering designs	$	3,156	$	2,876	$	280	$	3,156	$	2,556	$	600
Finite lived: Customer relationships	37,425		28,078		9,347		37,425		26,209		11,216
Total amortized intangible assets	40,581		30,954		9,627		40,581		28,765		11,816
Indefinite lived: Trade name	39,816		—		39,816		39,816		—		39,816
Total intangible assets	$	80,397	$	30,954	$	49,443	$	80,397	$	28,765	$	51,632

Management considers the "Blue Bird" trade name to have an indefinite useful life and, accordingly, it is not subject to amortization. Management reached this conclusion principally due to the longevity of the Blue Bird name and because management considers renewal upon reaching the legal limit of the trademarks related to the trade name as perfunctory. The Company expects to maintain usage of the trade name on existing products and introduce new products in the future that will also display the trade name. During the fourth quarters of fiscal 2021 and fiscal 2020, we performed our annual impairment assessment of our trade name, which did not indicate that an impairment existed; therefore, no impairment of our indefinite lived intangible has been recorded.

Customer relationships are amortized on a straight-line basis over an estimated life of 20 years. Engineering designs are amortized on a straight-line basis over an estimated life of 2 or 7 years. Total amortization expense for intangible assets was $2.2 million, $3.1 million, and $2.9 million for fiscal 2021, fiscal 2020, and fiscal 2019, respectively.

Amortization expense for finite lived intangible assets for the next five years is expected to be as follows:


(in thousands)
Fiscal Years Ending	Amortization Expense
2022	$	2,010
2023	2,010
2024	1,869
2025	1,869
2026	1,869
Thereafter	—
Total amortization expense	$	9,627