Goodwill and Intangible Assets

12 Months Ended

Sep. 27, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

4.	Goodwill and Intangible Assets

The following table presents goodwill and intangible assets as of September 27, 2016 and September 30, 2015:

	September 27, 2016							September 30, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets subject to amortization
Franchise rights		116		(34	)		82		116		(11	)		105
Non-compete agreements		15		(8	)		7		15		(3	)		12
	$	131	$	(42	)	$	89	$	131	$	(14	)	$	117
Indefinite-lived intangible assets:
Trademarks	$	3,900	$	0		$	3,900	$	3,900	$	0		$	3,900
Intangible assets, net	$	4,031	$	(42	)	$	3,989	$	4,031	$	(14	)	$	4,017

Goodwill	$	15,076	$	0		$	15,076	$	15,066	$	0		$	15,066

The Company had no goodwill impairment losses in the periods presented in the above table or any prior periods.

There were no impairments to intangible assets during the fiscal years ended September 27, 2016 and

September 30, 2015. The aggregate amortization expense related to intangible assets subject to amortization was $28,000 and $14,000 for the fiscal years ended September 27, 2016 and September 30, 2015, respectively.

The estimated aggregate future amortization expense as of September 27, 2016 is as follows, (in thousands):

2017	$	28
2018		19
2019		10
2020		10
2021		10
Thereafter		12
	$	89

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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