Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 14, 2013
Goodwill and Intangible Assets  
Schedule of goodwill

The following table presents goodwill as of July 14, 2013, and December 30, 2012 (in thousands):

 

Balance at December 25, 2011

 

$

61,769

 

Acquisition

 

756

 

Balance at December 30, 2012

 

$

62,525

 

Acquisitions/Dispositions

 

 

Balance at July 14, 2013

 

$

62,525

 

Schedule of intangible assets subject to amortization

The following table presents intangible assets subject to amortization as of July 14, 2013, and December 30, 2012 (in thousands):

 

 

 

July 14, 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

 

$

(16,661

)

$

26,942

 

$

43,519

 

$

(15,342

)

$

28,177

 

Leasehold interests

 

12,744

 

(4,721

)

8,023

 

12,744

 

(4,313

)

8,431

 

Liquor licenses

 

10,206

 

(9,105

)

1,101

 

9,095

 

(8,500

)

595

 

Total

 

$

66,553

 

$

(30,487

)

$

36,066

 

$

65,358

 

$

(28,155

)

$

37,203

 

 

Schedule of aggregate future amortization expense

The aggregate future amortization expense as of July 14, 2013 is as follows (in thousands):

 

Remainder of 2013

 

$

1,462

 

2014

 

3,304

 

2015

 

3,398

 

2016

 

3,231

 

2017

 

3,117

 

Thereafter

 

21,554

 

 

 

$

36,066