XML 49 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
LIQUOR LICENSES
12 Months Ended
Sep. 29, 2012
LiquorLicensesAbstract  
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 September 29, 2012, 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 September 29, 2012 and October 1, 2011, the total carrying amount of our liquor licenses was $470,000. We acquired no liquor licenses in our fiscal year 2012.