Intangible Assets

12 Months Ended

Sep. 24, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

9. Intangible Assets

Intangible assets acquired in connection with a 2014 business acquisition are being amortized on a straight-line basis over their estimated useful lives. The estimated weighted average useful life of the identified intangible assets are as follows:

	Estimated Weighted Average Useful Life
Customer relationships		10 years
Trademarks		3 years

Amortization expense was $0.5 million for the year ended September 24, 2022, $0.5 million for the year ended September 25, 2021, and $0.4 million for the year ended September 26, 2020. The following table presents the Company’s intangible assets as of the dates indicated (in thousands):

	Year Ended
	September 24, 2022							September 25, 2021
	Intangibles, gross		Accumulated amortization			Intangibles, net		Intangibles, gross		Accumulated amortization			Intangibles, net
Customer relationships	$	4,335	$	(3,685	)	$	650	$	4,656	$	(3,492	)	$	1,164
Trademarks		729		(729	)		—		782		(782	)		—
Intangible assets	$	5,064	$	(4,414	)	$	650	$	5,438	$	(4,274	)	$	1,164

The following table presents the estimated future annual pre-tax amortization expense of definite-lived intangible assets as of the date indicated (in thousands):

	Total
Fiscal year 2023	$	433
Fiscal year 2024		217
Fiscal year 2025		—
Total	$	650