|
Goodwill and Intangible Assets (Tables)
|
6 Months Ended |
|
Jul. 13, 2014
|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of July 13, 2014 and December 29, 2013 (in thousands):
|
|
|
|
|
|
Balance, December 29, 2013 |
|
$ |
62,525 |
|
Acquisition |
|
2,122 |
|
Balance, July 13, 2014 |
|
$ |
64,647 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of July 13, 2014 and December 29, 2013 (in thousands):
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|
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July 13, 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 |
|
$ |
46,406 |
|
|
$ |
(19,008 |
) |
|
$ |
27,398 |
|
|
$ |
43,330 |
|
|
$ |
(17,622 |
) |
|
$ |
25,708 |
|
Leasehold interests |
|
12,476 |
|
|
(5,251 |
) |
|
7,225 |
|
|
12,476 |
|
|
(4,875 |
) |
|
7,601 |
|
Liquor licenses |
|
9,942 |
|
|
(9,436 |
) |
|
506 |
|
|
9,924 |
|
|
(9,278 |
) |
|
646 |
|
|
|
$ |
68,824 |
|
|
$ |
(33,695 |
) |
|
$ |
35,129 |
|
|
$ |
65,730 |
|
|
$ |
(31,775 |
) |
|
$ |
33,955 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
Intangible assets, net |
|
$ |
71,669 |
|
|
$ |
(33,695 |
) |
|
$ |
37,974 |
|
|
$ |
68,575 |
|
|
$ |
(31,775 |
) |
|
$ |
36,800 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of July 13, 2014 and December 29, 2013 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
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|
July 13, 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 |
|
$ |
46,406 |
|
|
$ |
(19,008 |
) |
|
$ |
27,398 |
|
|
$ |
43,330 |
|
|
$ |
(17,622 |
) |
|
$ |
25,708 |
|
Leasehold interests |
|
12,476 |
|
|
(5,251 |
) |
|
7,225 |
|
|
12,476 |
|
|
(4,875 |
) |
|
7,601 |
|
Liquor licenses |
|
9,942 |
|
|
(9,436 |
) |
|
506 |
|
|
9,924 |
|
|
(9,278 |
) |
|
646 |
|
|
|
$ |
68,824 |
|
|
$ |
(33,695 |
) |
|
$ |
35,129 |
|
|
$ |
65,730 |
|
|
$ |
(31,775 |
) |
|
$ |
33,955 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
|
$ |
2,845 |
|
|
$ |
— |
|
|
$ |
2,845 |
|
Intangible assets, net |
|
$ |
71,669 |
|
|
$ |
(33,695 |
) |
|
$ |
37,974 |
|
|
$ |
68,575 |
|
|
$ |
(31,775 |
) |
|
$ |
36,800 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of July 13, 2014 is as follows, (in thousands):
|
|
|
|
|
|
Remainder of 2014 |
|
$ |
1,642 |
|
2015 |
|
3,267 |
|
2016 |
|
3,036 |
|
2017 |
|
2,922 |
|
2018 |
|
2,769 |
|
Thereafter |
|
21,493 |
|
|
|
$ |
35,129 |
|
|