Goodwill and Intangible Assets

3 Months Ended

Dec. 29, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Note 4. Goodwill and Intangible Assets

The following table presents goodwill and intangible assets as of December 29, 2020 and September 29, 2020 (in thousands):

	December 29, 2020							September 29, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangible assets subject to amortization:
Non-compete agreements	$	50	$	(32	)	$	18	$	50	$	(28	)	$	22
Indefinite-lived intangible assets:
Trademarks		3,900		-			3,900		3,900		-			3,900
Intangible assets, net	$	3,950	$	(32	)	$	3,918	$	3,950	$	(28	)	$	3,922
Goodwill	$	5,150	$	-		$	5,150	$	5,150	$	-		$	5,150

The Company had no goodwill impairment losses in the periods presented in the above table. The aggregate amortization expense related to these intangible assets subject to amortization was $4,000 for the quarter ended December 29, 2020. The estimated aggregate future amortization expense as of December 29, 2020 is $18,000, including $12,000 in the remainder of fiscal 2021 and $6,000 during fiscal 2022.