Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of December 31, 2017 and December 25, 2016 (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
2017 |
|
2016 |
Balance at beginning of year |
|
$ |
95,935 |
|
|
$ |
81,957 |
|
Acquisition |
|
— |
|
|
13,679 |
|
Foreign currency translation adjustment |
|
1,044 |
|
|
299 |
|
Balance at end of year |
|
$ |
96,979 |
|
|
$ |
95,935 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of December 31, 2017 and December 25, 2016 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2017 |
|
2016 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
54,447 |
|
|
$ |
(29,685 |
) |
|
$ |
24,762 |
|
|
$ |
55,902 |
|
|
$ |
(27,306 |
) |
|
$ |
28,596 |
|
Leasehold interests |
|
13,001 |
|
|
(7,459 |
) |
|
5,542 |
|
|
13,931 |
|
|
(7,400 |
) |
|
6,531 |
|
Liquor licenses |
|
10,148 |
|
|
(9,667 |
) |
|
481 |
|
|
10,253 |
|
|
(9,857 |
) |
|
396 |
|
|
|
$ |
77,596 |
|
|
$ |
(46,811 |
) |
|
$ |
30,785 |
|
|
$ |
80,086 |
|
|
$ |
(44,563 |
) |
|
$ |
35,523 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
7,488 |
|
|
$ |
— |
|
|
$ |
7,488 |
|
|
$ |
6,747 |
|
|
$ |
— |
|
|
$ |
6,747 |
|
Intangible assets, net |
|
$ |
85,084 |
|
|
$ |
(46,811 |
) |
|
$ |
38,273 |
|
|
$ |
86,833 |
|
|
$ |
(44,563 |
) |
|
$ |
42,270 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of December 31, 2017 and December 25, 2016 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2017 |
|
2016 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
54,447 |
|
|
$ |
(29,685 |
) |
|
$ |
24,762 |
|
|
$ |
55,902 |
|
|
$ |
(27,306 |
) |
|
$ |
28,596 |
|
Leasehold interests |
|
13,001 |
|
|
(7,459 |
) |
|
5,542 |
|
|
13,931 |
|
|
(7,400 |
) |
|
6,531 |
|
Liquor licenses |
|
10,148 |
|
|
(9,667 |
) |
|
481 |
|
|
10,253 |
|
|
(9,857 |
) |
|
396 |
|
|
|
$ |
77,596 |
|
|
$ |
(46,811 |
) |
|
$ |
30,785 |
|
|
$ |
80,086 |
|
|
$ |
(44,563 |
) |
|
$ |
35,523 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
7,488 |
|
|
$ |
— |
|
|
$ |
7,488 |
|
|
$ |
6,747 |
|
|
$ |
— |
|
|
$ |
6,747 |
|
Intangible assets, net |
|
$ |
85,084 |
|
|
$ |
(46,811 |
) |
|
$ |
38,273 |
|
|
$ |
86,833 |
|
|
$ |
(44,563 |
) |
|
$ |
42,270 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of December 31, 2017 is as follows (in thousands):
|
|
|
|
|
2018 |
$ |
4,202 |
|
2019 |
4,154 |
|
2020 |
3,638 |
|
2021 |
3,183 |
|
2022 |
2,743 |
|
Thereafter |
12,865 |
|
|
$ |
30,785 |
|
|