| Summary of Goodwill |
The carrying amount of goodwill for the periods ended January 2, 2021, October 3, 2020, and December 28, 2019 were as follows (in thousands):
|
Balance, January 2, 2021
|
|
$
|
93,295
|
|
|
Balance, October 3, 2020
|
|
$
|
93,295
|
|
|
Balance, December 28, 2019
|
|
$
|
92,821
|
|
|
| Summary of Other Intangible Assets |
Our other intangible assets are as follows as of January 2, 2021:
|
|
|
Weighted
Average
Remaining
Useful Life
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
|
|
(In years)
|
|
|
(In thousands)
|
|
|
Trade name and trademarks (finite life)
|
|
|
2.4
|
|
|
$
|
5,540
|
|
|
$
|
(5,167
|
)
|
|
$
|
373
|
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
|
Non-compete agreements
|
|
|
4.5
|
|
|
|
8,633
|
|
|
|
(6,958
|
)
|
|
|
1,675
|
|
|
Consumer relationships
|
|
|
3.6
|
|
|
|
17,200
|
|
|
|
(10,485
|
)
|
|
|
6,715
|
|
|
Internally developed software
|
|
|
2.6
|
|
|
|
4,000
|
|
|
|
(3,482
|
)
|
|
|
518
|
|
|
Other
|
|
|
1.3
|
|
|
|
1,000
|
|
|
|
(967
|
)
|
|
|
33
|
|
|
Total
|
|
|
|
|
|
$
|
54,123
|
|
|
$
|
(27,059
|
)
|
|
$
|
27,064
|
|
Our other intangible assets are as follows as of October 3, 2020:
|
|
|
Weighted
Average
Remaining
Useful Life
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
|
|
(In years)
|
|
|
(In thousands)
|
|
|
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
|
|
Our other intangible assets are as follows as of December 28, 2019:
|
|
|
Weighted
Average
Remaining
Useful Life
|
|
|
Gross
Carrying
Value
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
|
|
(In years)
|
|
|
(In thousands)
|
|
|
Trade name and trademarks (finite life)
|
|
|
2.3
|
|
|
$
|
5,540
|
|
|
$
|
(5,054
|
)
|
|
$
|
486
|
|
|
Trade name and trademarks (indefinite life)
|
|
Indefinite
|
|
|
|
17,750
|
|
|
|
—
|
|
|
|
17,750
|
|
|
Non-compete agreements
|
|
|
4.0
|
|
|
|
8,633
|
|
|
|
(6,317
|
)
|
|
|
2,316
|
|
|
Consumer relationships
|
|
|
3.4
|
|
|
|
17,200
|
|
|
|
(8,998
|
)
|
|
|
8,202
|
|
|
Internally developed software
|
|
|
2.3
|
|
|
|
4,000
|
|
|
|
(3,244
|
)
|
|
|
756
|
|
|
Other
|
|
|
1.3
|
|
|
|
1,000
|
|
|
|
(933
|
)
|
|
|
67
|
|
|
Total
|
|
|
|
|
|
$
|
54,123
|
|
|
$
|
(24,546
|
)
|
|
$
|
29,577
|
|
|
| Summary of Estimated Future Amortization Expense Related to Finite-Lived Intangible Assets |
The estimated future amortization expense related to finite-lived intangible assets on our balance sheet as of January 2, 2021 is as follows (in thousands):
|
Remainder of fiscal 2021
|
|
$
|
1,520
|
|
|
2022
|
|
|
1,936
|
|
|
2023
|
|
|
1,703
|
|
|
2024
|
|
|
1,065
|
|
|
2025
|
|
|
968
|
|
|
Thereafter
|
|
|
2,122
|
|
|
Total
|
|
$
|
9,314
|
|
|