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Capital Assets
6 Months Ended
Mar. 30, 2013
Capital Assets [Abstract]  
Capital Assets

3. Capital Assets

 

Property and Equipment

Property and equipment at March 30, 2013 and September 29, 2012 consist of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 30,

 

 

September 29,

 

 

2013

 

 

2012

 

(expressed in thousands)

Land and improvements

$

1,710 

 

$

1,711 

Buildings and improvements

 

53,574 

 

 

53,545 

Machinery and equipment

 

130,934 

 

 

118,838 

Total

 

186,218 

 

 

174,094 

Less accumulated depreciation

 

(116,912)

 

 

(112,441)

Property and equipment, net

$

69,306 

 

$

61,653 

 

 

 

 

 

 

 

Goodwill

 

Goodwill at March 30, 2013 and September 29, 2012 was $16.3 million and $16.2 million, respectively. The increase in goodwill during the six-fiscal month period ended March 30, 2013 was due to currency translation.

 

Other Intangible Assets

Other intangible assets at March 30, 2013 and September 29, 2012 consist of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 30, 2013

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

Useful Life

 

 

Amount

 

 

Amortization

 

 

Value

 

(in Years)

 

(dollar amounts expressed in thousands)

Software development costs

$

15,860 

 

$

(7,504)

 

$

8,356 

 

5.7 

Patents

 

10,126 

 

 

(3,248)

 

 

6,878 

 

15.3 

Trademarks and trade names

 

6,050 

 

 

(1,128)

 

 

4,922 

 

30.2 

Land-use rights

 

1,247 

 

 

(111)

 

 

1,136 

 

47.8 

Total

$

33,283 

 

$

(11,991)

 

$

21,292 

 

14.3 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 29, 2012

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

Useful Life

 

 

Amount

 

 

Amortization

 

 

Value

 

(in Years)

 

(dollar amounts expressed in thousands)

Software development costs

$

15,860 

 

$

(6,125)

 

$

9,735 

 

5.7 

Patents

 

10,073 

 

 

(2,871)

 

 

7,202 

 

15.3 

Trademarks and trade names

 

6,020 

 

 

(1,024)

 

 

4,996 

 

30.2 

Land-use rights

 

1,241 

 

 

(97)

 

 

1,144 

 

47.8 

Total

$

33,194 

 

$

(10,117)

 

$

23,077 

 

14.3 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense recognized during the three-fiscal month periods ended March 30, 2013 and March 31, 2012 was $0.9 million and $0.9 million, respectively.