Note 11

3 Months Ended

Jun. 25, 2011

Intangible Assets Disclosure [Text Block]

Note 11 Our three reporting units, which are also reportable segments, are Food Service, Retail Supermarkets and Frozen Beverages. The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 25, 2011 and September 25, 2010 are as follows:

	June 25, 2011				September 25, 2010
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
	(in thousands)
FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	12,880	$	-	$	12,204	$	-
Amortized intangible assets
Non compete agreements		470		407		470		351
Customer relationships		40,024		18,097		40,024		15,160
License and rights		3,606		2,401		3,606		2,287
	$	56,980	$	20,905	$	56,304	$	17,798
RETAIL SUPERMARKETS
Indefinite lived intangible assets
Trade Names	$	3,380	$	-	$	2,731	$	-
Amortized Intangible Assets
Customer relationships		207		-		-		-
	$	3,587	$	-	$	2,731	$	-
FROZEN BEVERAGES
Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Amortized intangible assets
Non compete agreements		198		184		198		165
Customer relationships		6,478		3,374		6,478		2,876
Licenses and rights		1,601		556		1,601		504
	$	17,592	$	4,114	$	17,592	$	3,545

 Amortized intangible assets are being amortized by the straight-line method over periods ranging from 3 to 20 years and amortization expense is reflected throughout operating expenses. Intangible assets of $1,532,000 were acquired in the food service and retail supermarkets segments in the three months ended June 25, 2011, in the handhelds acquisition.  Aggregate amortization expense of intangible assets for the three months ended

June 25, 2011 and June 26 2010 was $1,127,000 and $1,149,000 respectively and for the nine months ended June 25, 2011 and June 26, 2010 was $3,676,000  and $3,394,000 respectively.

Estimated amortization expense for the next five fiscal years is approximately $4,800,000 in 2011, $4,500,000 in 2012, and $4,400,000 in 2013 and 2014 and $4,300,000 in 2015. The weighted average amortization period of the intangible assets is 10.1 years.

Goodwill

 The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows:

	Food Service		Retail Supermarket		Frozen Beverages		Total
	(in thousands)
Balance at June 25, 2011	$	34,130	$	-	$	35,940	$	70,070

 There were no changes in the carrying amounts of goodwill for the three months ended June 25, 2011.