XML 45 R32.htm IDEA: XBRL DOCUMENT v3.19.2
INTANGIBLES (Tables)
 6 Months Ended
Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The table that follows presents the major components of intangible assets as of June 29, 2019 and October 28, 2018 (in thousands):
 
Range of Life (Years)
 
Cost
 
Accumulated Amortization
 
Net Carrying Value
As of June 29, 2019
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks/Trade names(1)
6
–
15
 
$
252,942

 
$
(27,931
)
 
$
225,011

Customer lists and relationships
5
–
20
 
1,737,060

 
(131,250
)
 
1,605,810

Total intangible assets
 
 
 
 
$
1,990,002

 
$
(159,181
)
 
$
1,830,821

(1) During the six months ended June 29, 2019, the Company began amortization of trade names previously classified as indefinite-lived over an eight-year period.
 
 
 
 
 
 
 
 
 
 
 
Range of Life (Years)
 
Cost
 
Accumulated Amortization
 
Net Carrying Value
As of October 28, 2018
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks/Trade names
 
15
 
 
$
29,167

 
$
(12,657
)
 
$
16,510

Customer lists and relationships
12
–
20
 
136,210

 
(38,646
)
 
97,564

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
Trade names
 
 
 
 
13,455

 
—

 
13,455

Total intangible assets
 
 
 
 
$
178,832

 
$
(51,303
)
 
$
127,529
Schedule of Indefinite-Lived Intangible Assets
The table that follows presents the major components of intangible assets as of June 29, 2019 and October 28, 2018 (in thousands):
 
Range of Life (Years)
 
Cost
 
Accumulated Amortization
 
Net Carrying Value
As of June 29, 2019
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks/Trade names(1)
6
–
15
 
$
252,942

 
$
(27,931
)
 
$
225,011

Customer lists and relationships
5
–
20
 
1,737,060

 
(131,250
)
 
1,605,810

Total intangible assets
 
 
 
 
$
1,990,002

 
$
(159,181
)
 
$
1,830,821

(1) During the six months ended June 29, 2019, the Company began amortization of trade names previously classified as indefinite-lived over an eight-year period.
 
 
 
 
 
 
 
 
 
 
 
Range of Life (Years)
 
Cost
 
Accumulated Amortization
 
Net Carrying Value
As of October 28, 2018
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks/Trade names
 
15
 
 
$
29,167

 
$
(12,657
)
 
$
16,510

Customer lists and relationships
12
–
20
 
136,210

 
(38,646
)
 
97,564

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
Trade names
 
 
 
 
13,455

 
—

 
13,455

Total intangible assets
 
 
 
 
$
178,832

 
$
(51,303
)
 
$
127,529