XML 27 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
LIQUOR LICENSES
12 Months Ended
Oct. 01, 2011
Liquor Licenses  
LIQUOR LICENSES

NOTE 5. LIQUOR LICENSES

 

Liquor licenses, which are indefinite lived assets, are tested for impairment in September of each of our fiscal years. The fair value of liquor licenses at October 1, 2011, exceeded the carrying amount; therefore, we recognized no impairment loss. The fair value of the liquor licenses was evaluated by comparing the carrying value to recent sales for similar liquor licenses in the County issued. At October 1, 2011 and October 2, 2010, the total carrying amount of our liquor licenses was $470,000. We acquired no liquor licenses in our fiscal year 2011.