Components of Intangible Assets |
Components of intangible assets consist of the following (in thousands):
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December 31, 2016 |
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October 1, 2016 |
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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 |
$ |
17,620 |
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$ |
(2,670 |
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$ |
14,950 |
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$ |
17,620 |
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$ |
(2,514 |
) |
$ |
15,106 |
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20 – 30 yrs |
Customer relationships |
7,220 |
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(4,106 |
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3,114 |
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7,220 |
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(4,016 |
) |
3,204 |
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20 yrs |
Technology |
1,220 |
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(856 |
) |
364 |
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1,220 |
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(826 |
) |
394 |
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10 yrs |
License agreements |
2,100 |
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(346 |
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1,754 |
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2,100 |
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(320 |
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1,780 |
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15 – 30 yrs |
Non-compete agreements |
1,287 |
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(882 |
) |
405 |
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1,287 |
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(849 |
) |
438 |
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4 – 8.5 yrs |
Total intangibles |
$ |
29,447 |
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$ |
(8,860 |
) |
$ |
20,587 |
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$ |
29,447 |
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$ |
(8,525 |
) |
$ |
20,922 |
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