Note 4 - Goodwill and Other Intangible Assets

9 Months Ended

Jun. 26, 2022

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

4 GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill and identified intangible assets consist of the following:

	June 26,			September 26,
(Thousands of Dollars)	2022			2021
Goodwill, beginning of period		330,204			330,204
Impairment		(700	)		—
Goodwill, end of period		329,504			330,204
Non-amortized intangible assets:
Mastheads		39,849			39,672
Amortizable intangible assets:
Customer and newspaper subscriber lists		574,558			774,242
Less accumulated amortization		(474,176	)		(657,243	)
		100,382			116,999
Total intangibles, net		469,735			486,875

The weighted average amortization period for amortizable assets is 12.7 years.