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Goodwill and Intangible Assets
6 Months Ended
Apr. 01, 2025
Goodwill and Intangible Assets [Abstract]  
Goodwill and Intangible Assets
Note 6.Goodwill and Intangible Assets

 

The following table presents goodwill and intangible assets as of April 1, 2025 and September 24, 2024 (in thousands):

 

   April 1, 2025   September 24, 2024 
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net
Carrying
Amount
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net
Carrying
Amount
 
Intangible assets subject to amortization:                              
Non-compete agreements  $90   $(45)  $45   $50   $(31)  $19 
Reacquired franchise rights  $27   $(9)  $18   $15   $(3)  $12 
   $117   $(54)  $63   $65   $(34)  $31 
Indefinite-lived intangible assets:                              
Trademarks  $3,900   $
-
   $3,900   $3,900   $
-
   $3,900 
Intangible assets, net  $4,017   $(54)  $3,963   $3,965   $(34)  $3,931 
                               
Goodwill  $5,713   $
-
   $5,713   $5,713   $
-
   $5,713 

 

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 $20,000 for the two quarters ended April 1, 2025 and $10,000 for the two quarters ended March 26, 2024.