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Goodwill and Intangible Assets
12 Months Ended
Dec. 29, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

6.  Goodwill and Intangible Assets

Goodwill

Goodwill included the following:

 

(in thousands)

 

December 29,

2018

 

 

December 30,

2017

 

Balance at beginning of period

 

$

65,999

 

 

$

28,146

 

Goodwill acquired

 

 

6,800

 

 

 

37,853

 

Measurement period adjustment

 

 

(193

)

 

 

-

 

Balance at end of period

 

$

72,606

 

 

$

65,999

 

Intangible Assets

Intangible assets, subject to amortization, included the following:

 

 

 

 

 

 

 

December 29, 2018

 

 

December 30, 2017

 

(dollars in thousands)

 

Weighted Average Amortization Period (years)

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Tradenames

 

 

14.1

 

 

$

7,590

 

 

$

516

 

 

$

7,074

 

 

$

5,600

 

 

$

62

 

 

$

5,538

 

   Customer relationships

 

 

8.9

 

 

 

20,130

 

 

 

2,582

 

 

 

17,548

 

 

 

17,049

 

 

 

772

 

 

 

16,277

 

   Technology

 

 

13.0

 

 

 

367

 

 

 

49

 

 

 

318

 

 

 

367

 

 

 

24

 

 

 

343

 

   Other

 

 

4.7

 

 

 

240

 

 

 

16

 

 

 

224

 

 

 

-

 

 

 

-

 

 

 

-

 

   Total

 

 

 

 

 

$

28,327

 

 

$

3,163

 

 

$

25,164

 

 

$

23,016

 

 

$

858

 

 

$

22,158

 

Amortization expense was $2.3 million in fiscal 2018 and $0.5 million in each of fiscal 2017 and $0.1 million in fiscal 2016. The estimated future amortization expense for intangible assets is summarized as follows:

 

(in thousands)

 

 

 

 

2019

 

$

2,679

 

2020

 

 

2,679

 

2021

 

 

2,679

 

2022

 

 

2,679

 

2023

 

 

2,663

 

Thereafter

 

 

11,785

 

Total

 

$

25,164