|
Goodwill and Intangible Assets (Tables)
|
4 Months Ended |
|
Apr. 19, 2015
|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of April 19, 2015 and December 28, 2014 (in thousands):
|
|
|
|
|
|
Balance, December 28, 2014 |
|
$ |
84,115 |
|
Translation adjustment |
|
$ |
(921 |
) |
Balance, April 19, 2015 |
|
$ |
83,194 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of April 19, 2015 and December 28, 2014 (in thousands):
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April 19, 2015 |
|
December 28, 2014 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
50,648 |
|
|
$ |
(21,653 |
) |
|
$ |
28,995 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Favorable leases |
|
12,991 |
|
|
(5,755 |
) |
|
7,236 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,066 |
|
|
(9,619 |
) |
|
447 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
73,705 |
|
|
$ |
(37,027 |
) |
|
$ |
36,678 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses and other |
|
$ |
5,070 |
|
|
$ |
— |
|
|
$ |
5,070 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
78,775 |
|
|
$ |
(37,027 |
) |
|
$ |
41,748 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of April 19, 2015 and December 28, 2014 (in thousands):
|
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|
|
|
|
|
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|
|
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|
April 19, 2015 |
|
December 28, 2014 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
50,648 |
|
|
$ |
(21,653 |
) |
|
$ |
28,995 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Favorable leases |
|
12,991 |
|
|
(5,755 |
) |
|
7,236 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,066 |
|
|
(9,619 |
) |
|
447 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
73,705 |
|
|
$ |
(37,027 |
) |
|
$ |
36,678 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses and other |
|
$ |
5,070 |
|
|
$ |
— |
|
|
$ |
5,070 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
78,775 |
|
|
$ |
(37,027 |
) |
|
$ |
41,748 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of April 19, 2015 is as follows, (in thousands):
|
|
|
|
|
|
Remainder of 2015 |
|
$ |
2,837 |
|
2016 |
|
3,875 |
|
2017 |
|
3,770 |
|
2018 |
|
3,537 |
|
2019 |
|
3,594 |
|
Thereafter |
|
19,065 |
|
|
|
$ |
36,678 |
|
|