Components of Intangible Assets |
Components of intangible assets consist of the following (in thousands):
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September 27, 2014 |
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September 28, 2013 |
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June 29, 2013 |
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Cost |
Accumulated Amortization |
Net Value |
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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 |
$ |
36,729 |
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$ |
— |
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$ |
36,729 |
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$ |
36,729 |
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$ |
— |
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$ |
36,729 |
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$ |
16,812 |
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$ |
— |
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$ |
16,812 |
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N/A |
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Intangibles: |
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Tradename/trademarks |
$ |
17,530 |
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$ |
(1,281 |
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$ |
16,249 |
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$ |
17,530 |
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$ |
(672 |
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$ |
16,858 |
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$ |
1,530 |
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$ |
(603 |
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$ |
927 |
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20 - 30 yrs |
Customer relationships |
7,220 |
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(3,298 |
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3,922 |
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7,220 |
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(2,937 |
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4,283 |
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7,220 |
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(2,847 |
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4,373 |
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20 yrs |
Technology |
1,220 |
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(582 |
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638 |
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1,220 |
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(459 |
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761 |
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1,220 |
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(428 |
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792 |
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10 yrs |
License Agreements |
2,100 |
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(113 |
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1,987 |
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2,100 |
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(10 |
) |
2,090 |
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— |
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— |
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— |
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15 - 30 yrs |
Non-compete agreements |
1,287 |
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(583 |
) |
704 |
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1,287 |
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(442 |
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845 |
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517 |
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(419 |
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98 |
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4 – 8.5 yrs |
Total intangibles |
$ |
29,357 |
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$ |
(5,857 |
) |
$ |
23,500 |
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$ |
29,357 |
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$ |
(4,520 |
) |
$ |
24,837 |
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$ |
10,487 |
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$ |
(4,297 |
) |
$ |
6,190 |
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