6. Capital Assets

Property and Equipment

Property and equipment as of March 28, 2015 and September 27, 2014 consisted of the following:



		March 28,		September 27,
		2015		2014
	(in thousands)
Land and improvements	$	1,704	$	1,710
Buildings and improvements		52,572		54,271
Machinery and equipment		155,095		150,917
Total		209,371		206,898
Less accumulated depreciation		(129,447)		(125,323)
Property and equipment, net	$	79,924	$	81,575

Goodwill

Goodwill as of March 28, 2015 and September 27, 2014 was $27.5 million and $26.1 million, respectively. During the three months ended December 27, 2014, the Company recognized an adjustment of $1.7 million related to a deferred tax liability as part of the provisional allocation of the Roehrig Engineering, Inc. (“REI”) purchase price assigned to the assets acquired and liabilities assumed. Refer to Note 16 for details regarding this acquisition.

Other Intangible Assets

Other intangible assets as of March 28, 2015 and September 27, 2014 consisted of the following:



	March 28, 2015
							Weighted
							Average
		Gross Carrying		Accumulated		Net Carrying	Useful Life
		Amount		Amortization		Value	(in Years)
	(dollar amounts in thousands)
Software development costs	$	17,858	$	(12,845)	$	5,013	6.4
Patents		12,123		(4,859)		7,264	14.5
Trademarks and trade names		6,292		(1,568)		4,724	29.4
Customer List		2,562		(426)		2,136	8.1
Land-use rights		1,256		(164)		1,092	47.8
Total	$	40,091	$	(19,862)	$	20,229	13.8



	September 27, 2014
							Weighted
							Average
		Gross Carrying		Accumulated		Net Carrying	Useful Life
		Amount		Amortization		Value	(in Years)
	(dollar amounts in thousands)
Software development costs	$	16,713	$	(11,644)	$	5,069	5.7
Patents		12,204		(4,453)		7,751	14.4
Trademarks and trade names		6,349		(1,458)		4,891	29.3
Customer List		2,485		(134)		2,351	8.1
Land-use rights		1,269		(153)		1,116	47.8
Total	$	39,020	$	(17,842)	$	21,178	13.4

Amortization expense recognized during the three months ended March 28, 2015 and March 29, 2014 was $1.1 million and $0.9 million, respectively. Amortization expense recognized during the six months ended March 28, 2015 and March 29, 2014 was $2.1 million and $1.9 million, respectively.