Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.6
Goodwill and Intangible Assets (Tables)
4 Months Ended
Apr. 21, 2013
Goodwill and Intangible Assets  
Schedule of goodwill

The following table presents goodwill as of April 21, 2013, and December 30, 2012 (in thousands):

 

Balance at December 25, 2011

 

$

61,769

 

Acquisition

 

756

 

Balance at December 30, 2012 and April 21, 2013

 

62,525

 

Schedule of intangible assets subject to amortization

The following table presents intangible assets subject to amortization as of April 21, 2013, and December 30, 2012 (in thousands):

 

 

 

April 21, 2013

 

December 30, 2012

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

Franchise rights

 

$

43,603

 

$

(16,097

)

$

27,506

 

$

43,519

 

$

(15,342

)

$

28,177

 

Leasehold interests

 

12,744

 

(4,546

)

8,198

 

12,744

 

(4,313

)

8,431

 

Liquor licenses

 

10,049

 

(8,861

)

1,188

 

9,095

 

(8,500

)

595

 

 

 

$

66,396

 

$

(29,504

)

$

36,892

 

$

65,358

 

$

(28,155

)

$

37,203

 

 

Schedule of aggregate future amortization expense

The aggregate future amortization expense as of April 21, 2013 is as follows (in thousands):

 

Remainder of 2013

 

$

2,200

 

2014

 

3,398

 

2015

 

3,395

 

2016

 

3,229

 

2017

 

3,116

 

Thereafter

 

21,554

 

 

 

$

36,892