Red Robin Gourmet Burgers, Inc. Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

The following table presents intangible assets as of December 31, 2023 and December 25, 2022 (in thousands):


	December 31, 2023						December 25, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Franchise rights	$	46,863	$	(39,777)	$	7,087	$	46,499	$	(38,469)	$	8,030
Leasehold interests	13,001		(10,503)		2,498		13,001		(10,092)		2,909
Liquor licenses and other	9,632		(9,393)		239		9,640		(9,376)		264
	$	69,496	$	(59,673)	$	9,824	$	69,140	$	(57,937)	$	11,203
Indefinite-lived intangible assets:
Liquor licenses and other	$	5,667	$	—	$	5,667	$	6,524	$	—	$	6,524
Intangible assets, net	$	75,163	$	(59,673)	$	15,491	$	75,664	$	(57,937)	$	17,727

The estimated aggregate future amortization expense as of December 31, 2023 is as follows (in thousands):