Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 25, 2016 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of December 25, 2016 and December 27, 2015 (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
2015 |
Balance at beginning of year |
|
$ |
81,957 |
|
|
$ |
84,115 |
|
Acquisition |
|
13,679 |
|
|
295 |
|
Foreign currency translation adjustment |
|
299 |
|
|
(2,453 |
) |
Balance at end of year |
|
$ |
95,935 |
|
|
$ |
81,957 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of December 25, 2016 and December 27, 2015 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
2015 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
55,902 |
|
|
$ |
(27,306 |
) |
|
$ |
28,596 |
|
|
$ |
50,878 |
|
|
$ |
(23,904 |
) |
|
$ |
26,974 |
|
Leasehold interests |
|
13,931 |
|
|
(7,400 |
) |
|
6,531 |
|
|
12,991 |
|
|
(6,643 |
) |
|
6,348 |
|
Liquor licenses |
|
10,253 |
|
|
(9,857 |
) |
|
396 |
|
|
10,168 |
|
|
(9,751 |
) |
|
417 |
|
|
|
$ |
80,086 |
|
|
$ |
(44,563 |
) |
|
$ |
35,523 |
|
|
$ |
74,037 |
|
|
$ |
(40,298 |
) |
|
$ |
33,739 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
6,747 |
|
|
$ |
— |
|
|
$ |
6,747 |
|
|
$ |
5,834 |
|
|
$ |
— |
|
|
$ |
5,834 |
|
Intangible assets, net |
|
$ |
86,833 |
|
|
$ |
(44,563 |
) |
|
$ |
42,270 |
|
|
$ |
79,871 |
|
|
$ |
(40,298 |
) |
|
$ |
39,573 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of December 25, 2016 and December 27, 2015 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
2015 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
55,902 |
|
|
$ |
(27,306 |
) |
|
$ |
28,596 |
|
|
$ |
50,878 |
|
|
$ |
(23,904 |
) |
|
$ |
26,974 |
|
Leasehold interests |
|
13,931 |
|
|
(7,400 |
) |
|
6,531 |
|
|
12,991 |
|
|
(6,643 |
) |
|
6,348 |
|
Liquor licenses |
|
10,253 |
|
|
(9,857 |
) |
|
396 |
|
|
10,168 |
|
|
(9,751 |
) |
|
417 |
|
|
|
$ |
80,086 |
|
|
$ |
(44,563 |
) |
|
$ |
35,523 |
|
|
$ |
74,037 |
|
|
$ |
(40,298 |
) |
|
$ |
33,739 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
6,747 |
|
|
$ |
— |
|
|
$ |
6,747 |
|
|
$ |
5,834 |
|
|
$ |
— |
|
|
$ |
5,834 |
|
Intangible assets, net |
|
$ |
86,833 |
|
|
$ |
(44,563 |
) |
|
$ |
42,270 |
|
|
$ |
79,871 |
|
|
$ |
(40,298 |
) |
|
$ |
39,573 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of December 25, 2016 is as follows (in thousands):
|
|
|
|
|
2017 |
$ |
4,473 |
|
2018 |
4,262 |
|
2019 |
4,216 |
|
2020 |
3,695 |
|
2021 |
3,263 |
|
Thereafter |
15,614 |
|
|
$ |
35,523 |
|
|