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INTANGIBLE ASSETS
12 Months Ended
Sep. 29, 2012
Intangible Assets Disclosure [Text Block]

 

 

7.

INTANGIBLE ASSETS

 

 

 

Intangible assets consist of the following:


 

 

 

 

 

 

 

 

 

 

September 29,
2012

 

October 1,
2011

 

 

 

 

 

 

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

Purchased leasehold rights (a)

 

$

2,343

 

$

2,343

 

Operating rights (b)

 

 

1,000

 

 

600

 

Noncompete agreements and other

 

 

283

 

 

322

 

 

 

   

 

   

 

 

 

 

3,626

 

 

3,265

 

 

 

 

 

 

 

 

 

Less accumulated amortization

 

 

2,605

 

 

2,636

 

 

 

   

 

   

 

 

 

 

 

 

 

 

 

Total intangible assets

 

$

1,021

 

$

629

 

 

 

   

 

   

 


 

 

 

 

 

(a)

Purchased leasehold rights arose from acquiring leases and subleases of various restaurants.

 

 

 

 

 

(b)

Amounts paid in connection with Basketball City agreement – see Note 10.

 

 

 

 

 

Amortization expense related to intangible assets for each of the years ended September 29, 2012 and October 1, 2011 was $8,000.