XML 24 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Intangible Assets
6 Months Ended
Jun. 27, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

6.

Goodwill and Intangible Assets

Goodwill

Goodwill included the following:

(in thousands)

 

June 27,

2020

 

 

December 28, 2019

 

Balance at beginning of period

 

$

74,458

 

 

$

72,606

 

Goodwill acquired

 

 

16,697

 

 

 

-

 

Measurement period adjustments

 

 

-

 

 

 

1,852

 

Balance at end of period

 

$

91,155

 

 

$

74,458

 

Intangible Assets

Intangible assets included the following:

 

 

 

 

 

 

June 27, 2020

 

 

December 28, 2019

 

(in thousands)

 

Weighted Average Amortization Period

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tradenames

 

 

11.0

 

 

$

6,760

 

 

$

1,280

 

 

$

5,480

 

 

$

6,060

 

 

$

975

 

 

$

5,085

 

Customer relationships

 

 

9.1

 

 

 

25,050

 

 

 

5,920

 

 

 

19,130

 

 

 

20,450

 

 

 

4,698

 

 

$

15,752

 

Technology

 

 

8.1

 

 

 

2,167

 

 

 

198

 

 

 

1,969

 

 

 

367

 

 

 

74

 

 

$

293

 

Other

 

 

3.9

 

 

 

430

 

 

 

108

 

 

 

322

 

 

 

240

 

 

 

65

 

 

$

175

 

Total

 

 

 

 

 

$

34,407

 

 

$

7,506

 

 

$

26,901

 

 

$

27,117

 

 

$

5,812

 

 

$

21,305

 

Amortization expense was $0.9 million and $0.6 million for the thirteen weeks ended June 27, 2020 and June 29, 2019, respectively, and $1.7 million and $1.3 million for the twenty-six weeks ended June 27, 2020 and June 29, 2019, respectively.