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. 27, 2015
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 tradenames 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 (in thousands, except economic life data):
 
 
 
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