Goodwill and Intangible Assets (Tables)
|
9 Months Ended |
Oct. 04, 2015 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of October 4, 2015 and December 28, 2014 (in thousands):
|
|
|
|
|
|
Balance, December 28, 2014 |
|
$ |
84,115 |
|
Acquisition and adjustment |
|
295 |
|
Translation adjustment |
|
$ |
(1,764 |
) |
Balance, October 4, 2015 |
|
$ |
82,646 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of October 4, 2015 and December 28, 2014 (in thousands):
|
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October 4, 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 |
|
$ |
50,877 |
|
|
$ |
(23,155 |
) |
|
$ |
27,722 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Favorable leases |
|
12,991 |
|
|
(6,461 |
) |
|
6,530 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,096 |
|
|
(9,717 |
) |
|
379 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
73,964 |
|
|
$ |
(39,333 |
) |
|
$ |
34,631 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses and other |
|
$ |
5,644 |
|
|
$ |
— |
|
|
$ |
5,644 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
79,608 |
|
|
$ |
(39,333 |
) |
|
$ |
40,275 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of October 4, 2015 and December 28, 2014 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
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|
October 4, 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 |
|
$ |
50,877 |
|
|
$ |
(23,155 |
) |
|
$ |
27,722 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Favorable leases |
|
12,991 |
|
|
(6,461 |
) |
|
6,530 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,096 |
|
|
(9,717 |
) |
|
379 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
73,964 |
|
|
$ |
(39,333 |
) |
|
$ |
34,631 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses and other |
|
$ |
5,644 |
|
|
$ |
— |
|
|
$ |
5,644 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
79,608 |
|
|
$ |
(39,333 |
) |
|
$ |
40,275 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of October 4, 2015 is as follows, (in thousands):
|
|
|
|
|
|
Remainder of 2015 |
|
$ |
966 |
|
2016 |
|
4,025 |
|
2017 |
|
3,915 |
|
2018 |
|
3,699 |
|
2019 |
|
3,617 |
|
Thereafter |
|
18,409 |
|
|
|
$ |
34,631 |
|
|