| Summary of Other Intangible Assets |
Other intangible assets consisted of the following as of April 3, 2021 (in thousands, except weighted average remaining useful life):
|
|
|
Weighted
Average
Remaining
Useful Life
(in Years)
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
Trade name and trademarks (finite life)
|
|
|
1.6
|
|
|
$
|
5,540
|
|
|
$
|
(5,195
|
)
|
|
$
|
345
|
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
18,550
|
|
|
|
—
|
|
|
|
18,550
|
|
|
Non-compete agreements
|
|
|
4.4
|
|
|
|
9,833
|
|
|
|
(7,014
|
)
|
|
|
2,819
|
|
|
Consumer relationships
|
|
|
3.2
|
|
|
|
18,500
|
|
|
|
(10,853
|
)
|
|
|
7,647
|
|
|
Internally developed software
|
|
|
2.0
|
|
|
|
4,000
|
|
|
|
(3,530
|
)
|
|
|
470
|
|
|
Other
|
|
|
0.7
|
|
|
|
1,000
|
|
|
|
(975
|
)
|
|
|
25
|
|
|
Total
|
|
|
|
|
|
$
|
57,423
|
|
|
$
|
(27,567
|
)
|
|
$
|
29,856
|
|
Other intangible assets are as follows as of October 3, 2020 (in thousands, except weighted average remaining useful life):
|
|
|
Weighted
Average
Remaining
Useful Life
(in Years)
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
Trade name and trademarks (finite life)
|
|
|
2.6
|
|
|
$
|
5,540
|
|
|
$
|
(5,139
|
)
|
|
$
|
401
|
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
|
Non-compete agreements
|
|
|
4.9
|
|
|
|
8,633
|
|
|
|
(6,872
|
)
|
|
|
1,761
|
|
|
Consumer relationships
|
|
|
3.8
|
|
|
|
17,200
|
|
|
|
(10,118
|
)
|
|
|
7,082
|
|
|
Internally developed software
|
|
|
2.9
|
|
|
|
4,000
|
|
|
|
(3,434
|
)
|
|
|
566
|
|
|
Other
|
|
|
1.6
|
|
|
|
1,000
|
|
|
|
(958
|
)
|
|
|
42
|
|
|
Total
|
|
|
|
|
|
$
|
54,123
|
|
|
$
|
(26,521
|
)
|
|
$
|
27,602
|
|
Other intangible assets are as follows as of March 28, 2020 (in thousands, except weighted average remaining useful life):
|
|
|
Weighted
Average
Remaining
Useful Life
(in Years)
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
Trade name and trademarks (finite life)
|
|
|
2.3
|
|
|
$
|
5,540
|
|
|
$
|
(5,082
|
)
|
|
$
|
458
|
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
|
Non-compete agreements
|
|
|
4.2
|
|
|
|
8,633
|
|
|
|
(6,364
|
)
|
|
|
2,269
|
|
|
Consumer relationships
|
|
|
3.5
|
|
|
|
17,200
|
|
|
|
(9,340
|
)
|
|
|
7,860
|
|
|
Internally developed software
|
|
|
2.5
|
|
|
|
4,000
|
|
|
|
(3,307
|
)
|
|
|
693
|
|
|
Other
|
|
|
1.3
|
|
|
|
1,000
|
|
|
|
(942
|
)
|
|
|
58
|
|
|
Total
|
|
|
|
|
|
$
|
54,123
|
|
|
$
|
(25,035
|
)
|
|
$
|
29,088
|
|
|
| Summary of Estimated Future Amortization Expense Related to Finite-Lived Intangible Assets |
The following table summarizes the estimated future amortization expense related to finite-lived intangible assets on our balance sheet as of April 3, 2021 (in thousands):
|
|
|
Amount
|
|
|
Remainder of Fiscal 2021
|
|
$
|
1,197
|
|
|
2022
|
|
|
2,266
|
|
|
2023
|
|
|
2,033
|
|
|
2024
|
|
|
1,395
|
|
|
2025
|
|
|
1,298
|
|
|
Thereafter
|
|
|
3,918
|
|
|
Total
|
|
$
|
12,107
|
|
|