Goodwill and Other Intangible Assets

12 Months Ended

Aug. 27, 2011

Goodwill and Other Intangible Assets [Abstract]

8. Goodwill and Other Intangible Assets

The Company no longer amortizes goodwill, but it is reviewed annually or more frequently if certain indicators arise, for impairment. There were no impairment losses related to goodwill or intangible assets during the years ended August 27, 2011, August 28, 2010 or August 29, 2009.

The changes in the carrying amount of goodwill are as follows (in thousands):


Balance as of August 29, 2009	$	261,171
Goodwill acquired during the period		10,584
Other		102

Balance as of August 28, 2010	$	271,857
Goodwill acquired during the period		16,014
Other		378

Balance as of August 27, 2011	$	288,249

As of August 27, 2011, the Company has allocated $283.4 million, $4.2 million and $0.6 million of goodwill to its US and Canadian Rental and Cleaning, Specialty Garments and First Aid segments, respectively.

Intangible assets, net in the Company's accompanying Consolidated Balance Sheets are as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
August 27, 2011
Customer contracts	$	144,497	$	86,607	$	57,890
Other intangible assets		27,924		24,909		3,015
	$	172,421	$	111,516	$	60,905
August 28, 2010
Customer contracts	$	133,209	$	76,681	$	56,528
Other intangible assets		26,927		24,418		2,509
	$	160,136	$	101,099	$	59,037

Estimated amortization expense for the five fiscal years subsequent to August 27, 2011 and thereafter, based on intangible assets, net as of August 27, 2011 is as follows (in thousands):

2012	$	10,677
2013		9,682
2014		7,535
2015		6,924
2016		6,380
Thereafter		19,707
	$	60,905

- 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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