Floor & Decor Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Intangible Assets

Intangible Assets

12 Months Ended

Dec. 27, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

5. Intangible Assets

The following summarizes the balances of identifiable intangible assets as of December 27, 2018 and December 28, 2017 (in thousands):


	December 27, 2018					December 28, 2017
		Gross				Gross
	Estimated	Carrying		Accumulated		Carrying		Accumulated
	Useful Lives	Amount		Amortization		Amount		Amortization
Amortizable intangible asset:
Vendor relationships	10 years	$	319	$	(258)	$	319	$	(226)
Indefinite-lived intangible asset:
Trade names			109,269		—		109,269		—
		$	109,588	$	(258)	$	109,588	$	(226)

Amortization expense related to amortizable intangible assets for the years ended December 27, 2018, December 28, 2017 and December 29, 2016, was $32 thousand, $32 thousand and $32 thousand, respectively.

Estimated intangible asset amortization for the next five years is as follows (in thousands):


2019	$	32
2020		29
2021		—
2022		—
2023		—