Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.8.0.1
Goodwill and Intangible Assets (Tables)
4 Months Ended
Apr. 22, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table presents goodwill as of April 22, 2018 and December 31, 2017 (in thousands):
Balance, December 31, 2017
 
$
96,979

Foreign currency translation adjustment
 
(246
)
Balance, April 22, 2018
 
$
96,733

Schedule of intangible assets subject to amortization
The following table presents intangible assets as of April 22, 2018 and December 31, 2017 (in thousands):
 
 
April 22, 2018
 
December 31, 2017
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Franchise rights
 
$
54,437

 
$
(30,759
)
 
$
23,678

 
$
54,447

 
$
(29,685
)
 
$
24,762

Favorable leases
 
13,001

 
(7,672
)
 
5,329

 
13,001

 
(7,459
)
 
5,542

Liquor licenses
 
10,171

 
(9,675
)
 
496

 
10,148

 
(9,667
)
 
481

 
 
$
77,609

 
$
(48,106
)
 
$
29,503

 
$
77,596

 
$
(46,811
)
 
$
30,785

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor licenses and other
 
$
7,488

 
$

 
$
7,488

 
$
7,488

 
$

 
$
7,488

Intangible assets, net
 
$
85,097

 
$
(48,106
)
 
$
36,991

 
$
85,084

 
$
(46,811
)
 
$
38,273

Schedule of intangible assets not subject to amortization
The following table presents intangible assets as of April 22, 2018 and December 31, 2017 (in thousands):
 
 
April 22, 2018
 
December 31, 2017
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Franchise rights
 
$
54,437

 
$
(30,759
)
 
$
23,678

 
$
54,447

 
$
(29,685
)
 
$
24,762

Favorable leases
 
13,001

 
(7,672
)
 
5,329

 
13,001

 
(7,459
)
 
5,542

Liquor licenses
 
10,171

 
(9,675
)
 
496

 
10,148

 
(9,667
)
 
481

 
 
$
77,609

 
$
(48,106
)
 
$
29,503

 
$
77,596

 
$
(46,811
)
 
$
30,785

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor licenses and other
 
$
7,488

 
$

 
$
7,488

 
$
7,488

 
$

 
$
7,488

Intangible assets, net
 
$
85,097

 
$
(48,106
)
 
$
36,991

 
$
85,084

 
$
(46,811
)
 
$
38,273