Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.1
Goodwill and Intangible Assets (Tables)
4 Months Ended
Apr. 21, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table presents goodwill as of April 21, 2019 and December 30, 2018 (in thousands):
Balance, December 30, 2018
 
$
95,838

Foreign currency translation adjustment
 
242

Balance, April 21, 2019
 
$
96,080

Schedule of intangible assets subject to amortization
The following table presents intangible assets as of April 21, 2019 and December 30, 2018 (in thousands):
 
 
April 21, 2019
 
December 30, 2018
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Franchise rights
 
$
54,413

 
$
(34,239
)
 
$
20,174

 
$
54,404

 
$
(33,160
)
 
$
21,244

Favorable leases
 
13,001

 
(8,338
)
 
4,663

 
13,001

 
(8,136
)
 
4,865

Liquor licenses and other
 
10,810

 
(9,820
)
 
990

 
10,810

 
(9,770
)
 
1,040

 
 
$
78,224

 
$
(52,397
)
 
$
25,827

 
$
78,215

 
$
(51,066
)
 
$
27,149

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor licenses and other
 
$
7,460

 
$

 
$
7,460

 
$
7,460

 
$

 
$
7,460

Intangible assets, net
 
$
85,684

 
$
(52,397
)
 
$
33,287

 
$
85,675

 
$
(51,066
)
 
$
34,609

Schedule of intangible assets not subject to amortization
The following table presents intangible assets as of April 21, 2019 and December 30, 2018 (in thousands):
 
 
April 21, 2019
 
December 30, 2018
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Franchise rights
 
$
54,413

 
$
(34,239
)
 
$
20,174

 
$
54,404

 
$
(33,160
)
 
$
21,244

Favorable leases
 
13,001

 
(8,338
)
 
4,663

 
13,001

 
(8,136
)
 
4,865

Liquor licenses and other
 
10,810

 
(9,820
)
 
990

 
10,810

 
(9,770
)
 
1,040

 
 
$
78,224

 
$
(52,397
)
 
$
25,827

 
$
78,215

 
$
(51,066
)
 
$
27,149

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Liquor licenses and other
 
$
7,460

 
$

 
$
7,460

 
$
7,460

 
$

 
$
7,460

Intangible assets, net
 
$
85,684

 
$
(52,397
)
 
$
33,287

 
$
85,675

 
$
(51,066
)
 
$
34,609