Note 10

6 Months Ended

Mar. 28, 2015

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

Note 10 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 March 28, 2015 and September 27, 2014 are as follows:

	March 28, 2015				September 27, 2014
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
	(in thousands)
FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	13,072	$	-	$	13,072	$	-
Amortized intangible assets
Non compete agreements		592		525		592		509
Customer relationships		40,797		31,775		40,797		29,914
License and rights		3,606		2,755		3,606		2,708
TOTAL FOOD SERVICE	$	58,067	$	35,055	$	58,067	$	33,131
RETAIL SUPERMARKETS
Indefinite lived intangible assets
Trade Names	$	7,206	$	-	$	7,206	$	-
Amortized Intangible Assets
Non compete agreements		160		73		160		34
Customer relationships		7,979		820		7,979		420
TOTAL RETAIL SUPERMARKETS	$	15,345	$	893	$	15,345	$	454
FROZEN BEVERAGES
Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Amortized intangible assets
Non compete agreements		198		198		198		198
Customer relationships		6,478		5,757		6,478		5,448
Licenses and rights		1,601		819		1,601		784
TOTAL FROZEN BEVERAGES	$	17,592	$	6,774	$	17,592	$	6,430
CONSOLIDATED	$	91,004	$	42,722	$	91,004	$	40,015

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. There were no intangible assets acquired in the three and six months ended March 28, 2015. Aggregate amortization expense of intangible assets for the three months ended March 28, 2015 and March 29, 2014 was $1,352,000 and $1,143,000, respectively and for the six months ended March 28, 2015 and March 29, 2014 was $2,707,000 and $2,286,000, respectively.

Estimated amortization expense for the next five fiscal years is approximately $5,400,000 in 2015 and $5,100,000 in 2016, $2,600,000 in 2017, $1,800,000 in 2018 and $1,600,000 in 2019. 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		Retail		Frozen
	Service		Supermarket		Beverages		Total
	(in thousands)
Balance at March 28, 2015	$	46,832	$	3,670	$	35,940	$	86,442
Balance at September 27, 2014	$	46,832	$	3,670	$	35,940	$	86,442

There was no goodwill acquired in the three and six months ended March 28, 2015.