Goodwill and Intangible Assets

3 Months Ended

Dec. 26, 2015

9.Goodwill and Intangible Assets

The following represented the change in the carrying amount of goodwill by segment for the thirteen weeks ended December 26, 2015 (in thousands):

	Domestic(1)			Canada			Total
Balance at September 26, 2015	$	423,958		$	323,448		$	747,406
Foreign currency effect	(1,073		)	(11,342		)	(12,415		)

Balance at December 26, 2015	$	422,885		$	312,106		$	734,991

(1)

See Note 7, Acquisition for discussion of Goodwill recognized in connection with the Bevyz acquisition.

Indefinite-lived intangible assets included in the Canada segment consisted of the following (in thousands) as of:

		December 26, 2015			September 26, 2015
Trade names		$	72,877		$	75,525

Intangible Assets Subject to Amortization

Definite-lived intangible assets included in the Domestic segment and Canada segment consisted of the following (in thousands) as of:

		December 26, 2015					September 26, 2015
	Useful Life in Years	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Acquired technology	4-15	$	17,855	$	(15,797	)	$	17,891	$	(15,378	)
Defensive intangible assets(2)	13	143,889		(11,281		)	146,772		(8,685		)
Customer and roaster agreements	10-11	7,887		(5,771		)	8,047		(5,670		)
Customer relationships	2-16	333,396		(158,738		)	342,113		(155,047		)
Trade names	5-11	32,859		(18,157		)	33,315		(17,541		)
Non-compete agreements	3-5	3,352		(1,136		)	3,419		(874		)

Total		$	539,238	$	(210,880	)	$	551,557	$	(203,195	)

(2)

See Note 7, Acquisition for discussion of defensive intangible assets acquired in connection with the Bevyz acquisition.

Definite-lived intangible assets are amortized on a straight-line basis over the period of expected economic benefit. Total amortization expense was $12.1 million and $10.1 million for the thirteen weeks ended December 26, 2015 and December 27, 2014, respectively.

The estimated aggregate amortization expense for the remainder of fiscal 2016, for each of the next five years and thereafter, is as follows (in thousands):

Fiscal Year	Amortization Expense
Remainder of 2016	$	35,125
2017	46,076
2018	44,743
2019	44,400
2020	39,631
2021	30,964
Thereafter	87,419

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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