Goodwill and Other Intangible Assets

12 Months Ended

Dec. 29, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill are presented as follows:



Carrying amount as of December 25, 2015	$	155,816
Goodwill adjustments	(614		)
Business combination	8,559
Foreign currency translation	23
Carrying amount as of December 30, 2016	163,784
Goodwill adjustments	3,418



Business combinations	5,946
Foreign currency translation	54
Carrying amount as of December 29, 2017	$	173,202

The goodwill adjustments during the fiscal year ended December 29, 2017 relate to the MT Food acquisition (see Note 5).

Other intangible assets consist of customer relationships being amortized over a period ranging from four to twenty years, trademarks being amortized over a period of one to forty years, and non-compete agreements being amortized over a period of two to six years. Other intangible assets as of December 29, 2017 and December 30, 2016 consisted of the following:



	Weighted-Average Remaining Amortization Period	Gross Carrying Amount		Accumulated Amortization			Net Amount
December 29, 2017
Customer relationships	145 months	$	117,006	$	(27,704	)	$	89,302
Non-compete agreements	43 months	7,566		(6,946		)	620
Trademarks	221 months	60,734		(10,336		)	50,398
Total		$	185,306	$	(44,986	)	$	140,320

December 30, 2016
Customer relationships	151 months	$	104,381	$	(19,981	)	$	84,400
Non-compete agreements	14 months	7,166		(5,587		)	1,579
Trademarks	231 months	52,574		(7,422		)	45,152
Total		$	164,121	$	(32,990	)	$	131,131

Amortization expense for other intangibles was $12,033, $11,433 and $9,453 for the fiscal years ended December 29, 2017, December 30, 2016 and December 25, 2015, respectively.

As of December 29, 2017, estimated amortization expense for other intangible assets for each of the next five fiscal years and thereafter is as follows:



2018	$	11,938
2019	11,300
2020	11,027
2021	11,027
2022	10,247
Thereafter	84,781
Total	$	140,320

- 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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