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Goodwill and Other Intangibles, Net (Tables) | 9 Months Ended
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Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Goodwill | The following table details the changes in goodwill (in thousands):
|  | June 29, 2024 |  |  | September 30, 2023 |  |  | July 1, 2023 |
Balance at beginning of the period |  | $ | 180,698 |  |  | $ | 173,513 |  |  | $ | 173,513 |
Acquisitions, net of measurement period adjustments |  |  | — |  |  |  | 7,185 |  |  |  | 7,185 |
Balance at the end of the period |  | $ | 180,698 |  |  | $ | 180,698 |  |  | $ | 180,698 |
Summary of Other Intangible Assets | Other intangible assets consisted of the following as of June 29, 2024 (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) |  |  | 9.2 |  |  | $ | 22,100 |  |  | $ | (4,861 | ) |  | $ | 17,239 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 9,350 |  |  |  | — |  |  |  | 9,350 |
Non-compete agreements |  |  | 4.6 |  |  |  | 2,260 |  |  |  | (1,317 | ) |  |  | 943 |
Consumer relationships |  |  | 6.8 |  |  |  | 15,400 |  |  |  | (7,685 | ) |  |  | 7,715 |
Other intangibles |  |  | 4.3 |  |  |  | 4,000 |  |  |  | (3,904 | ) |  |  | 96 |
Total |  |  |  |  | $ | 53,110 |  |  | $ | (17,767 | ) |  | $ | 35,343 |
Other intangible assets consisted of the following as of September 30, 2023 (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) |  |  | 9.8 |  |  | $ | 26,740 |  |  | $ | (7,958 | ) |  | $ | 18,782 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 9,350 |  |  |  | — |  |  |  | 9,350 |
Non-compete agreements |  |  | 5.4 |  |  |  | 8,683 |  |  |  | (7,585 | ) |  |  | 1,098 |
Consumer relationships |  |  | 7.4 |  |  |  | 24,100 |  |  |  | (15,317 | ) |  |  | 8,783 |
Other intangibles |  |  | 5.1 |  |  |  | 6,620 |  |  |  | (6,476 | ) |  |  | 144 |
Total |  |  |  |  | $ | 75,493 |  |  | $ | (37,336 | ) |  | $ | 38,157 |
Other intangible assets consisted of the following as of July 1, 2023 (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) |  |  | 10.1 |  |  | $ | 26,740 |  |  | $ | (7,436 | ) |  | $ | 19,304 |
Trade name and trademarks (indefinite life) |  | Indefinite |  |  |  | 9,350 |  |  |  | — |  |  |  | 9,350 |
Non-compete agreements |  |  | 5.6 |  |  |  | 8,683 |  |  |  | (7,534 | ) |  |  | 1,149 |
Consumer relationships |  |  | 7.6 |  |  |  | 24,100 |  |  |  | (14,935 | ) |  |  | 9,165 |
Other intangibles |  |  | 5.3 |  |  |  | 6,620 |  |  |  | (6,451 | ) |  |  | 169 |
Total |  |  |  |  | $ | 75,493 |  |  | $ | (36,356 | ) |  | $ | 39,137 |
Summary of Estimated Future Amortization Expense Related to Finite-Lived Intangible Assets | The following table summarizes the estimated future amortization expense related to finite-lived intangible assets on our condensed consolidated balance sheet as of June 29, 2024 (in thousands):
|  | Amount |
Remainder of fiscal 2024 |  | $ | 914 |
2025 |  |  | 3,632 |
2026 |  |  | 3,385 |
2027 |  |  | 3,262 |
2028 |  |  | 3,154 |
Thereafter |  |  | 11,646 |
Total |  | $ | 25,993 |

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