Summary of Other Intangible Assets |
Other intangible assets consisted of the following as of July 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)
|
|
|
2.9
|
|
|
$
|
5,940
|
|
|
$
|
(5,236
|
)
|
|
$
|
704
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
Non-compete agreements
|
|
|
7.4
|
|
|
|
9,333
|
|
|
|
(7,174
|
)
|
|
|
2,159
|
|
Consumer relationships
|
|
|
6.5
|
|
|
|
19,000
|
|
|
|
(11,276
|
)
|
|
|
7,724
|
|
Internally developed software
|
|
|
7.4
|
|
|
|
4,000
|
|
|
|
(3,577
|
)
|
|
|
423
|
|
Other intangibles
|
|
|
0.5
|
|
|
|
2,620
|
|
|
|
(2,309
|
)
|
|
|
311
|
|
Total
|
|
|
|
|
|
$
|
58,643
|
|
|
$
|
(29,572
|
)
|
|
$
|
29,071
|
|
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)
|
|
|
3.6
|
|
|
$
|
5,540
|
|
|
$
|
(5,139
|
)
|
|
$
|
401
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
Non-compete agreements
|
|
|
8.3
|
|
|
|
8,633
|
|
|
|
(6,872
|
)
|
|
|
1,761
|
|
Consumer relationships
|
|
|
6.1
|
|
|
|
17,200
|
|
|
|
(10,118
|
)
|
|
|
7,082
|
|
Internally developed software
|
|
|
8.2
|
|
|
|
4,000
|
|
|
|
(3,434
|
)
|
|
|
566
|
|
Other intangibles
|
|
|
1.3
|
|
|
|
2,584
|
|
|
|
(2,253
|
)
|
|
|
331
|
|
Total
|
|
|
|
|
|
$
|
55,707
|
|
|
$
|
(27,816
|
)
|
|
$
|
27,891
|
|
Other intangible assets are as follows as of June 27, 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)
|
|
|
3.9
|
|
|
$
|
5,540
|
|
|
$
|
(5,111
|
)
|
|
$
|
429
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
Non-compete agreements
|
|
|
7.0
|
|
|
|
8,633
|
|
|
|
(6,410
|
)
|
|
|
2,223
|
|
Consumer relationships
|
|
|
6.3
|
|
|
|
17,200
|
|
|
|
(9,683
|
)
|
|
|
7,517
|
|
Internally developed software
|
|
|
8.5
|
|
|
|
4,000
|
|
|
|
(3,371
|
)
|
|
|
629
|
|
Other intangibles
|
|
|
1.5
|
|
|
|
2,584
|
|
|
|
(2,242
|
)
|
|
|
342
|
|
Total
|
|
|
|
|
|
$
|
55,707
|
|
|
$
|
(26,817
|
)
|
|
$
|
28,890
|
|
|