|
Goodwill and Intangible Assets (Tables)
|
4 Months Ended |
|
Apr. 20, 2014
|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of April 20, 2014, and December 29, 2013, (in thousands):
|
|
|
|
|
|
Balance, December 30, 2012 |
|
$ |
62,525 |
|
Acquisition |
|
— |
|
Balance, December 29, 2013 |
|
$ |
62,525 |
|
Acquisition |
|
2,083 |
|
Balance, April 20, 2014 |
|
$ |
64,608 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of April 20, 2014, and December 29, 2013, (in thousands):
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April 20, 2014 |
|
December 29, 2013 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
46,611 |
|
|
$ |
(18,537 |
) |
|
$ |
28,074 |
|
|
$ |
43,330 |
|
|
$ |
(17,622 |
) |
|
$ |
25,708 |
|
Leasehold interests |
|
12,656 |
|
|
(5,272 |
) |
|
7,384 |
|
|
12,476 |
|
|
(4,875 |
) |
|
7,601 |
|
Liquor licenses |
|
9,937 |
|
|
(9,378 |
) |
|
559 |
|
|
9,924 |
|
|
(9,278 |
) |
|
646 |
|
|
|
$ |
69,204 |
|
|
$ |
(33,187 |
) |
|
$ |
36,017 |
|
|
$ |
65,730 |
|
|
$ |
(31,775 |
) |
|
$ |
33,955 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
Intangible assets, net |
|
$ |
72,049 |
|
|
$ |
(33,187 |
) |
|
$ |
38,862 |
|
|
$ |
68,575 |
|
|
$ |
(31,775 |
) |
|
$ |
36,800 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of April 20, 2014, and December 29, 2013, (in thousands):
|
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|
|
|
|
|
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|
|
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|
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|
April 20, 2014 |
|
December 29, 2013 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
46,611 |
|
|
$ |
(18,537 |
) |
|
$ |
28,074 |
|
|
$ |
43,330 |
|
|
$ |
(17,622 |
) |
|
$ |
25,708 |
|
Leasehold interests |
|
12,656 |
|
|
(5,272 |
) |
|
7,384 |
|
|
12,476 |
|
|
(4,875 |
) |
|
7,601 |
|
Liquor licenses |
|
9,937 |
|
|
(9,378 |
) |
|
559 |
|
|
9,924 |
|
|
(9,278 |
) |
|
646 |
|
|
|
$ |
69,204 |
|
|
$ |
(33,187 |
) |
|
$ |
36,017 |
|
|
$ |
65,730 |
|
|
$ |
(31,775 |
) |
|
$ |
33,955 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
Intangible assets, net |
|
$ |
72,049 |
|
|
$ |
(33,187 |
) |
|
$ |
38,862 |
|
|
$ |
68,575 |
|
|
$ |
(31,775 |
) |
|
$ |
36,800 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of April 20, 2014 is as follows, (in thousands):
|
|
|
|
|
|
Remainder of 2014 |
|
$ |
2,289 |
|
2015 |
|
3,195 |
|
2016 |
|
3,118 |
|
2017 |
|
3,089 |
|
2018 |
|
3,017 |
|
Thereafter |
|
21,309 |
|
|
|
$ |
36,017 |
|
|