Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets, net

v3.25.4
Intangible Assets, net
 12 Months Ended
Dec. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net
6. Intangible Assets, net
Intangible assets, net consisted of the following as of December 28, 2025 and December 29, 2024 (in thousands):
December 28, 2025 December 29, 2024
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Carrying
Amount		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Carrying
Amount
Intangible assets subject to amortization:
Franchise rights $ 45,117  $ (42,332) $ 2,785  $ 46,091  $ (41,647) $ 4,444 
Leasehold interests 12,845  (11,113) 1,732  12,867  (10,906) 1,961 
Liquor licenses and other 8,999  (8,843) 156  9,596  (9,419) 177 
$ 66,961  $ (62,288) $ 4,673  $ 68,554  $ (61,972) $ 6,582 
Indefinite-lived intangible assets:
Liquor licenses and other $ 4,482  $ —  $ 4,482  $ 4,482  $ —  $ 4,482 
Intangible assets, net $ 71,443  $ (62,288) $ 9,155  $ 73,036  $ (61,972) $ 11,064 
The aggregate amortization expense related to intangible assets subject to amortization were $1.8 million, $2.3 million, and $2.4 million for fiscal years 2025, 2024, and 2023, respectively.
The estimated aggregate future amortization expense as of December 28, 2025 were as follows (in thousands):
2026 $ 1,435 
2027 1,070 
2028 611 
2029 343 
2030 290 
Thereafter 924 
$ 4,673