Components of Intangible Assets |
Components of intangible assets consist of the following (in thousands):
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December 27, 2014 |
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September 27, 2014 |
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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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N/A |
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Intangibles: |
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Tradename/trademarks |
$ |
17,530 |
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$ |
(1,435 |
) |
$ |
16,095 |
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$ |
17,530 |
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$ |
(1,281 |
) |
$ |
16,249 |
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20 – 30 yrs |
Customer relationships |
7,220 |
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(3,388 |
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3,832 |
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7,220 |
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(3,298 |
) |
3,922 |
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20 yrs |
Technology |
1,220 |
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(612 |
) |
608 |
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1,220 |
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(582 |
) |
638 |
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10 yrs |
License agreements |
2,100 |
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(139 |
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1,961 |
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2,100 |
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(113 |
) |
1,987 |
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15 – 30 yrs |
Non-compete agreements |
1,287 |
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(616 |
) |
671 |
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1,287 |
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(583 |
) |
704 |
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4 – 8.5 yrs |
Total intangibles |
$ |
29,357 |
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$ |
(6,190 |
) |
$ |
23,167 |
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$ |
29,357 |
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$ |
(5,857 |
) |
$ |
23,500 |
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