XML 23 R10.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Note 4 - Goodwill and Intangible Assets | 6 Months Ended
--- | ---
Mar. 26, 2024
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] |
Note 4. | Goodwill and Intangible Assets
The following table presents goodwill and intangible assets as of March 26, 2024 and September 26, 2023 (in thousands):
|  | March 26, 2024 |  |  | September 26, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-compete agreements |  | $ | 50 |  |  | $ | (22 | ) |  | $ | 28 |  |  | $ | 50 |  |  | $ | (14 | ) |  | $ | 36 |
Reacquired franchise rights |  | $ | 15 |  |  | $ | (2 | ) |  | $ | 13 |  |  | $ | 15 |  |  | $ | - |  |  | $ | 15 |
|  | $ | 65 |  |  | $ | (24 | ) |  | $ | 41 |  |  | $ | 65 |  |  | $ | (14 | ) |  | $ | 51 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 3,900 |  |  | $ | - |  |  | $ | 3,900 |  |  | $ | 3,900 |  |  | $ | - |  |  | $ | 3,900 |
Intangible assets, net |  | $ | 3,965 |  |  | $ | (24 | ) |  | $ | 3,941 |  |  | $ | 3,965 |  |  | $ | (14 | ) |  | $ | 3,951 |
Goodwill |  | $ | 5,713 |  |  | $ | - |  |  | $ | 5,713 |  |  | $ | 5,713 |  |  | $ | - |  |  | $ | 5,713 |
Intangible assets subject to amortization primarily consist of non-compete agreements associated with prior restaurant purchases. The aggregate amortization expense related to these intangible assets subject to amortization was $10,000 for the two quarters ended March 26, 2024 and $9,000 for the two quarters ended March 28, 2023. As of both March 26, 2024 and March 28, 2023, the Company had $96,000 of goodwill attributable to the Good Times reporting unit and $5,617,000 of goodwill attributable to its Bad Daddy’s reporting unit. The Company had no goodwill impairment losses in the periods presented in the above table.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
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://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration