XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill and Other Intangibles, Net | 9 Months Ended
--- | ---
Jul. 03, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles, Net | Note 4 —Goodwill and Other Intangibles, Net Goodwill The carrying amounts of goodwill are as follows (in thousands):
|  | Carrying Value |
Balance, July 3, 2021 |  | $ | 98,669 |
Balance, October 3, 2020 |  |  | 93,295 |
Balance, June 27, 2020 |  |  | 92,821 |
Changes in the carrying value of goodwill relate to acquisition activity. Other Intangible Assets Other intangible assets consisted of the following as of July 3, 2021 (in thousands, except weighted average remaining useful life):
|  | Weighted Average Remaining Useful Life (in Years) |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Trade name and trademarks (finite life) |  |  | 2.9 |  |  | $ | 5,940 |  |  | $ | (5,236 | ) |  | $ | 704 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 17,750 |  |  |  | — |  |  |  | 17,750 |
Non-compete agreements |  |  | 7.4 |  |  |  | 9,333 |  |  |  | (7,174 | ) |  |  | 2,159 |
Consumer relationships |  |  | 6.5 |  |  |  | 19,000 |  |  |  | (11,276 | ) |  |  | 7,724 |
Internally developed software |  |  | 7.4 |  |  |  | 4,000 |  |  |  | (3,577 | ) |  |  | 423 |
Other intangibles |  |  | 0.5 |  |  |  | 2,620 |  |  |  | (2,309 | ) |  |  | 311 |
Total |  |  |  |  |  | $ | 58,643 |  |  | $ | (29,572 | ) |  | $ | 29,071 |
Other intangible assets are as follows as of October 3, 2020 (in thousands, except weighted average remaining useful life):
|  | Weighted Average Remaining Useful Life (in Years) |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Trade name and trademarks (finite life) |  |  | 3.6 |  |  | $ | 5,540 |  |  | $ | (5,139 | ) |  | $ | 401 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 17,750 |  |  |  | — |  |  |  | 17,750 |
Non-compete agreements |  |  | 8.3 |  |  |  | 8,633 |  |  |  | (6,872 | ) |  |  | 1,761 |
Consumer relationships |  |  | 6.1 |  |  |  | 17,200 |  |  |  | (10,118 | ) |  |  | 7,082 |
Internally developed software |  |  | 8.2 |  |  |  | 4,000 |  |  |  | (3,434 | ) |  |  | 566 |
Other intangibles |  |  | 1.3 |  |  |  | 2,584 |  |  |  | (2,253 | ) |  |  | 331 |
Total |  |  |  |  |  | $ | 55,707 |  |  | $ | (27,816 | ) |  | $ | 27,891 |
Other intangible assets are as follows as of June 27, 2020 (in thousands, except weighted average remaining useful life):
|  | Weighted Average Remaining Useful Life (in Years) |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Trade name and trademarks (finite life) |  |  | 3.9 |  |  | $ | 5,540 |  |  | $ | (5,111 | ) |  | $ | 429 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 17,750 |  |  |  | — |  |  |  | 17,750 |
Non-compete agreements |  |  | 7.0 |  |  |  | 8,633 |  |  |  | (6,410 | ) |  |  | 2,223 |
Consumer relationships |  |  | 6.3 |  |  |  | 17,200 |  |  |  | (9,683 | ) |  |  | 7,517 |
Internally developed software |  |  | 8.5 |  |  |  | 4,000 |  |  |  | (3,371 | ) |  |  | 629 |
Other intangibles |  |  | 1.5 |  |  |  | 2,584 |  |  |  | (2,242 | ) |  |  | 342 |
Total |  |  |  |  |  | $ | 55,707 |  |  | $ | (26,817 | ) |  | $ | 28,890 |
Amortization expense for the three months ended July 3, 2021 and June 27, 2020 was $0.7 million and $0.5 million, respectively. Amortization expense for the nine months ended July 3, 2021 and June 27, 2020 was $1.0 million and $1.6 million, respectively. No impairment of goodwill or other intangible assets was recorded during the three and nine months ended July 3, 2021 and June 27, 2020. The following table summarizes the estimated future amortization expense related to finite-lived intangible assets on our balance sheet as of July 3, 2021 (in thousands):
|  | Amount |
Remainder of Fiscal 2021 |  | $ | 657 |
2022 |  |  | 2,375 |
2023 |  |  | 2,009 |
2024 |  |  | 1,371 |
2025 |  |  | 1,274 |
Thereafter |  |  | 3,635 |
Total |  | $ | 11,321 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration