Goodwill and Intangible Assets

3 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Note 5. Goodwill and Intangible Assets

The following table presents goodwill and intangible assets as of December 31, 2019 and September 24, 2019 (in thousands):

	December 31, 2019							September 24, 2019
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets subject to  amortization:
Franchise rights	$	116	$	(110	)	$	6	$	116	$	(104	)	$	12
Non-compete agreements		50		(15	)		35		65		(26	)		39
		166		(125	)		41		181		(130	)		51
Indefinite-lived intangible  assets:
Trademarks		3,900		-			3,900		3,900		-			3,900
Intangible assets, net	$	4,066	$	(125	)	$	3,941	$	4,081	$	(130	)	$	3,951
Goodwill	$	15,150	$	-		$	15,150	$	15,150	$	-		$	15,150

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 quarter ended December 31, 2019. The aggregate amortization expense related to these intangible assets subject to amortization was $10,000 for the quarter December 31, 2019.

The estimated aggregate future amortization expense as of December 31, 2019 is as follows (in thousands):

Remainder of 2020	$	18
2021		17
2022		6
	$	41