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. 28, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

4. Intangible Assets

The following summarizes the balances of identifiable intangible assets as of December 28, 2017 and December 29, 2016 (in thousands):


	December 28, 2017					December 29, 2016
		Gross				Gross
	Estimated	Carrying		Accumulated		Carrying		Accumulated
	Useful Lives	Amount		Amortization		Amount		Amortization
Amortizable intangible asset:
Vendor relationships	10 years		319		(226)		319		(194)
Indefinite-lived intangible asset:
Trade names			109,269		—		109,269		—
		$	109,588	$	(226)	$	109,588	$	(194)

Amortization expense related to amortizable intangible assets for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, was $32 thousand, $32 thousand and $327 thousand, respectively.

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


2018	$	32
2019		32
2020		29
2021		—
2022		—