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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Jan. 25, 2015
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

 

(in thousands)

 

Grocery
Products

 

Refrigerated
Foods

 

JOTS

 

Specialty
Foods

 

International
& Other

 

Total

 

Balance as of October 26, 2014

 

$

322,942 

 

$

96,643 

 

$

203,214 

 

$

470,857 

 

$

132,750 

 

$

1,226,406 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Disposal

 

(521)

 

(435)

 

-

 

-

 

(1)

 

(957)

 

Balance as of January 25, 2015

 

$

322,421 

 

$

96,208 

 

$

203,214 

 

$

470,857 

 

$

132,749 

 

$

1,225,449 

 

 

Schedule of gross carrying amount and accumulated amortization for definite-lived intangible assets

 

 

 

January 25, 2015

 

 

October 26, 2014

 

(in thousands)

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Customer lists/relationships

 

$

58,090

 

 

$

(11,135

)

 

$

67,540

 

 

$

(19,336

)

Proprietary software & technology

 

14,820

 

 

(13,902

)

 

14,820

 

 

(13,542

)

Formulas & recipes

 

13,540

 

 

(12,064

)

 

17,854

 

 

(15,955

)

Other intangibles

 

1,770

 

 

(1,565

)

 

4,746

 

 

(4,503

)

Total

 

$

88,220

 

 

$

(38,666

)

 

$

104,960

 

 

$

(53,336

)

 

Schedule of estimated annual amortization expense

Estimated annual amortization expense for the five fiscal years after October 26, 2014, is as follows:

 

(in thousands)

 

 

 

2015

 

$
7,554 

 

2016

 

5,591 

 

2017

 

5,118 

 

2018

 

4,876 

 

2019

 

4,833 

 

 

Schedule of carrying amounts for indefinite-lived intangible assets

 

(in thousands)

 

January 25, 2015

 

 

October 26, 2014

 

Brands/tradenames/trademarks

 

$

495,282 

 

 

$

495,282 

 

Other intangibles

 

7,984 

 

 

7,984 

 

Total

 

$

503,266 

 

 

$

503,266