Note 4 - Goodwill and Intangible Assets

3 Months Ended

Dec. 26, 2023

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

Note 4.         Goodwill and Intangible Assets

The following table presents goodwill and intangible assets as of December 26, 2023 and September 26, 2023 (in thousands):

	December 26, 2023							September 26, 2023
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets subject to amortization:
Non-compete agreements	$	50	$	(16	)	$	34	$	50	$	(14	)	$	36
Reacquired franchise rights	$	15	$	(1	)	$	14	$	15	$	-		$	15
	$	65	$	(17	)	$	48	$	65	$	(14	)	$	51
Indefinite-lived intangible assets:
Trademarks	$	3,900	$	-		$	3,900	$	3,900	$	-		$	3,900
Intangible assets, net	$	3,965	$	(17	)	$	3,948	$	3,965	$	(14	)	$	3,951
Goodwill	$	5,713	$	-		$	5,713	$	5,713	$	-		$	5,713

The Company had no goodwill impairment losses in the periods presented in the above table. The aggregate amortization expense related to these intangible assets subject to amortization was $3,000 for the quarter ended December 26, 2023 and $2,000 for the quarter ended December 27, 2022.