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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Sep. 26, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS Goodwill We are currently in the process of evaluating our reportable segments as a result of our acquisition of Seaton, effective June 30, 2014. Refer to Note 3: Segment Information, for further details. Therefore, we have summarized the carrying value of our goodwill by legacy TrueBlue and acquired Seaton as follows (in thousands):
| Legacy TrueBlue |  | Seaton |  | Total Company
Balance at December 27, 2013 |  |  |  |  |
Goodwill before impairment | $ | 128,449 |  |  | $ | — |  |  | $ | 128,449 |
Accumulated impairment loss | (46,210 | ) |  | — |  |  | (46,210 | )
Goodwill, net | 82,239 |  |  | — |  |  | 82,239 |
Balance at September 26, 2014 |  |  |  |  |
Goodwill before impairment | 128,449 |  |  | 150,054 |  |  | 278,503 |
Accumulated impairment loss | (46,210 | ) |  | — |  |  | (46,210 | )
Goodwill, net | $ | 82,239 |  |  | $ | 150,054 |  |  | $ | 232,293 |
Intangible assets The following table presents our purchased finite-lived intangible assets (in thousands):
| September 26, 2014 |  | December 27, 2013
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Finite-lived intangible assets (1): |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 125,040 |  |  | $ | (19,194 | ) |  | $ | 105,846 |  |  | $ | 35,940 |  |  | $ | (13,942 | ) |  | $ | 21,998 |
Trade name/trademarks | 4,572 |  |  | (2,816 | ) |  | 1,756 |  |  | 5,172 |  |  | (2,708 | ) |  | 2,464 |
Non-compete agreements | 1,800 |  |  | (727 | ) |  | 1,073 |  |  | 1,800 |  |  | (457 | ) |  | 1,343 |
Technologies | 18,300 |  |  | (1,106 | ) |  | 17,194 |  |  | — |  |  | — |  |  | — |
Total finite-lived intangible assets | $ | 149,712 |  |  | $ | (23,843 | ) |  | $ | 125,869 |  |  | $ | 42,912 |  |  | $ | (17,107 | ) |  | $ | 25,805 |
(1) | Excludes assets that are fully amortized.
Intangible assets are amortized using the straight-line method over their estimated useful lives. Amortization of our finite-lived intangible assets was $4.6 million and $1.2 million for the thirteen weeks ended September 26, 2014 and September 27, 2013, respectively. Amortization of our finite-lived intangible assets was $7.6 million and $3.4 million for the thirty-nine weeks ended September 26, 2014 and September 27, 2013, respectively. Finite-lived intangible assets include customer relationships, trade name/trademarks and technologies acquired of $89.1 million, $0.3 million and $18.3 million, respectively, based on our preliminary purchase price allocation, for our acquisition of Seaton. Refer to Note 2: Acquisition for additional information regarding this acquisition. The following table provides the estimated future amortization of finite-lived intangible assets as of September 26, 2014 (in thousands):
Remainder of 2014 | $ | 4,501 |
2015 | 17,702 |
2016 | 17,266 |
2017 | 15,237 |
2018 | 12,456 |
Thereafter | 58,707 |
Total future amortization | $ | 125,869 |
We also held indefinite-lived trade name/trademarks of $16.2 million and $5.7 million as of September 26, 2014 and December 27, 2013, respectively. Indefinite-lived trade name/trademarks acquired in 2014 of $10.5 million are based on the preliminary purchase price allocation relating to our acquisition of Seaton. We did not perform an interim impairment test of our goodwill and indefinite-lived intangible assets in the thirty-nine weeks ended September 26, 2014 as we noted no significant indicators of impairment as of September 26, 2014.

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 + Details
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