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Goodwill and Intangible Assets
12 Months Ended
Dec. 26, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

Goodwill

Goodwill included the following:

(in thousands)

 

December 26, 2020

 

 

December 28, 2019

 

Balance at beginning of period

 

$

74,458

 

 

$

72,606

 

Goodwill acquired

 

 

16,622

 

 

 

 

Measurement period adjustment

 

 

 

 

 

1,852

 

Balance at end of period

 

$

91,080

 

 

$

74,458

 

 

Intangible Assets

Intangible assets, subject to amortization, included the following:

 

 

 

 

 

 

December 26, 2020

 

 

December 28, 2019

 

Intangible assets subject to amortization

 

Weighted Average Amortization Period (years)

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

8.7

 

 

$

25,050

 

 

$

7,141

 

 

$

17,909

 

 

$

20,450

 

 

$

4,698

 

 

$

15,752

 

Trade names

 

 

10.6

 

 

 

6,760

 

 

 

1,585

 

 

 

5,175

 

 

 

6,060

 

 

 

975

 

 

 

5,085

 

Technology

 

 

7.6

 

 

 

2,167

 

 

 

323

 

 

 

1,844

 

 

 

367

 

 

 

74

 

 

 

293

 

Other

 

 

3.4

 

 

 

430

 

 

 

151

 

 

 

279

 

 

 

240

 

 

 

65

 

 

 

175

 

Total

 

 

 

 

 

$

34,407

 

 

$

9,200

 

 

$

25,207

 

 

$

27,117

 

 

$

5,812

 

 

$

21,305

 

Amortization expense associated with intangible assets was $3.4 million, $2.6 million and $2.3 million in fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The estimated future amortization expense for intangible assets as of December 26, 2020, is summarized as follows:

(in thousands)

 

 

 

 

2021

 

$

3,384

 

2022

 

 

3,384

 

2023

 

 

3,384

 

2024

 

 

3,240

 

2025

 

 

3,062

 

Thereafter

 

 

8,753

 

   Total

 

$

25,207