Annual report pursuant to Section 13 and 15(d)

Intangible Assets

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Intangible Assets
 12 Months Ended
Dec. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table presents intangible assets as of December 26, 2021 and December 27, 2020 (in thousands):
December 26, 2021 December 27, 2020
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Carrying
Amount
Intangible assets subject to amortization:
Franchise rights $ 49,328  $ (38,662) $ 10,666  $ 49,972  $ (36,815) $ 13,157 
Leasehold interests 13,001  (9,681) 3,320  13,001  (9,254) 3,747 
Liquor licenses and other 9,670  (9,364) 306  9,714  (9,364) 350 
$ 71,999  $ (57,707) $ 14,292  $ 72,687  $ (55,433) $ 17,254 
Indefinite-lived intangible assets:
Liquor licenses and other $ 7,000  $ —  $ 7,000  $ 7,460  $ —  $ 7,460 
Intangible assets, net $ 78,999  $ (57,707) $ 21,292  $ 80,147  $ (55,433) $ 24,714 
Immaterial impairment charges were recorded related to finite-lived intangibles resulting from the continuing and projected future results at Company-owned restaurants in 2021, 2020, and 2019. Impairment charges of $0.5 million were recorded related to indefinite-lived intangibles in 2021. No impairment charges were recorded related to indefinite-lived intangibles in 2020, and 2019.
The aggregate amortization expense related to intangible assets subject to amortization for 2021, 2020, and 2019 was $2.9 million, $4.4 million, and $4.4 million.
The estimated aggregate future amortization expense as of December 26, 2021 is as follows (in thousands):
2022 $ 2,499 
2023 2,362 
2024 2,117 
2025 1,777 
2026 1,464 
Thereafter 4,073 
$ 14,292