Floor & Decor Holdings, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets

Intangible Assets

12 Months Ended

Dec. 26, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

5. Intangible Assets

The following summarizes the balances of identifiable intangible assets as of December 26, 2019 and December 27, 2018 (in thousands):


	December 26, 2019					December 27, 2018
		Gross				Gross
	Estimated	Carrying		Accumulated		Carrying		Accumulated
	Useful Lives	Amount		Amortization		Amount		Amortization
Amortizable intangible asset:
Vendor relationships	10 years	$	319	$	(289)	$	319	$	(258)
Indefinite-lived intangible asset:
Trade names			109,269		—		109,269		—
Total		$	109,588	$	(289)	$	109,588	$	(258)

Amortization expense related to amortizable intangible assets for the years ended December 26, 2019, December 27, 2018 and December 28, 2017, was $31 thousand, $32 thousand, and $32 thousand, respectively. Estimated intangible asset amortization for vendor relationships is $30 thousand for fiscal 2020, after which the asset will be fully amortized.