Components of Intangible Assets |
Components of intangible assets consist of the following (in thousands):
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December 29, 2018 |
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September 29, 2018 |
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Cost |
Accumulated Amortization |
Net Value |
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Cost |
Accumulated Amortization |
Net Value |
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Economic Life |
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Goodwill |
$ |
36,597 |
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$ |
— |
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$ |
36,597 |
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$ |
33,217 |
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$ |
— |
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$ |
33,217 |
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N/A |
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Intangibles: |
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Tradename/trademarks |
$ |
16,090 |
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$ |
(2,871 |
) |
$ |
13,219 |
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$ |
16,090 |
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$ |
(2,736 |
) |
$ |
13,354 |
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20 – 30 yrs |
Customer relationships |
8,500 |
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(476 |
) |
8,024 |
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4,500 |
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(253 |
) |
4,247 |
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8 – 10 yrs |
Technology |
1,720 |
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(1,150 |
) |
570 |
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1,720 |
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(1,105 |
) |
615 |
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10 yrs |
License agreements |
2,100 |
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(552 |
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1,548 |
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2,100 |
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(527 |
) |
1,573 |
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15 – 30 yrs |
Non-compete agreements |
1,657 |
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(990 |
) |
667 |
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1,637 |
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(928 |
) |
709 |
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4 – 8.5 yrs |
Total intangibles |
$ |
30,067 |
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$ |
(6,039 |
) |
$ |
24,028 |
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$ |
26,047 |
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$ |
(5,549 |
) |
$ |
20,498 |
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