Quarterly report pursuant to Section 13 or 15(d)

Salt Life Acquisition (Tables)

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Salt Life Acquisition (Tables)
9 Months Ended
Jun. 28, 2014
Business Combinations [Abstract]  
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
We have identified certain intangible assets associated with Salt Life, including trade name and trademarks, license agreements, non-compete agreements and goodwill. The total amount of goodwill is expected to be deductible for tax purposes. Components of the intangible assets recorded at acquisition are as follows:
 
 
 
Economic Life
Goodwill
 
$
19,917

N/A
 
 
 
 
Intangibles:
 
 
 
  Tradename/trademarks
 
16,000

30 yrs
  License agreements
 
2,100

15 – 30 yrs
  Non-compete agreements
 
770

6.6 yrs
    Total intangibles
 
18,870

 
 
 
 
 
Total goodwill and intangibles
 
$
38,787