XML 24 R13.htm IDEA: XBRL DOCUMENT

Goodwill and Intangible Assets

9 Months Ended

Sep. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible AssetsThe changes in the carrying amount of goodwill during the fiscal year ended December 28, 2019 and the fiscal year- to-date period ended September 26, 2020, are as follows (in thousands):


Balance at December 28, 2019
Goodwill	$	164,921
Accumulated goodwill impairment	(76,417)
Goodwill, net at December 28, 2019	88,504
Foreign currency translation adjustment and other (1)	(214)
Goodwill, net at September 26, 2020 (2)	$	88,290

_______________________________

(1)During the fiscal quarter ended March 28, 2020, goodwill and accumulated goodwill impairment were reduced by $4.5 million as a result of the dissolution and final liquidation of GNU123 Liquidating Corporation.

(2)Goodwill, net at September 26, 2020, is comprised of goodwill of $160.2 million and accumulated impairment of $71.9 million.

Intangible assets that are separable from goodwill and have determinable useful lives are valued separately and amortized over their expected useful lives. There were no impairment losses related to intangible assets during the fiscal year-to-date periods ended September 26, 2020 or September 28, 2019.

The components of acquired identifiable intangible assets are as follows (in thousands):


	September 26, 2020		December 28, 2019
Non-competition agreements	$	280	$	324
Customer relationships	12,120		12,120
Total cost	12,400		12,444
Accumulated amortization	(6,951)		(5,968)
Total intangible assets, net	$	5,449	$	6,476