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Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill For the fiscal year ended December 30, 2023, the change in the carrying amount of goodwill was due to the acquisition of Sequence as described in Note 6, the impairments of the Republic of Ireland and Northern Ireland reporting units as discussed below and the effect of exchange rate changes as follows:

 

 

North America

 

 

International

 

 

Total

 

Balance as of January 1, 2022

 

$

147,530

 

 

$

9,844

 

 

$

157,374

 

Goodwill acquired during the period

 

 

 

 

 

5,936

 

 

 

5,936

 

Goodwill impairment

 

 

(1,101

)

 

 

(2,023

)

 

 

(3,124

)

Effect of exchange rate changes

 

 

(2,862

)

 

 

(1,326

)

 

 

(4,188

)

Balance as of December 31, 2022

 

$

143,567

 

 

$

12,431

 

 

$

155,998

 

Goodwill acquired during the period

 

 

89,742

 

 

 

 

 

 

89,742

 

Goodwill impairment

 

 

 

 

 

(3,586

)

 

 

(3,586

)

Effect of exchange rate changes

 

 

916

 

 

 

371

 

 

 

1,287

 

Balance as of December 30, 2023

 

$

234,225

 

 

$

9,216

 

 

$

243,441

 

 

Schedule of Assumptions Utilized in Annual Goodwill Impairment Analysis

The following are the more significant assumptions utilized in the Company's annual goodwill impairment analyses for fiscal 2023 and fiscal 2022:

 

 

Fiscal 2023

 

Fiscal 2022

Debt-Free Cumulative Annual Cash Flow Growth Rate

 

3.9% to 24.9%

 

1.2% to 20.6%

Discount Rate

 

10.8%

 

9.6%

Schedule of Carrying Values of Finite-lived Intangible Assets

The carrying values of finite-lived intangible assets as of December 30, 2023 and December 31, 2022 were as follows:

 

 

December 30, 2023

 

 

December 31, 2022

 

 

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

Capitalized software and website development costs

 

$

251,410

 

 

$

195,696

 

 

$

241,047

 

 

$

185,857

 

Trademarks

 

 

12,188

 

 

 

12,024

 

 

 

12,162

 

 

 

11,882

 

Other

 

 

13,991

 

 

 

6,661

 

 

 

13,961

 

 

 

6,125

 

Trademarks and other intangible assets

 

$

277,589

 

 

$

214,381

 

 

$

267,170

 

 

$

203,864

 

Franchise rights acquired

 

 

8,029

 

 

 

5,314

 

 

 

8,164

 

 

 

5,101

 

Total finite-lived intangible assets

 

$

285,618

 

 

$

219,695

 

 

$

275,334

 

 

$

208,965

 

 

Schedule of Estimated Amortization Expense of Finite-lived Intangible Assets

Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows:

Fiscal 2024

 

$

30,247

 

Fiscal 2025

 

$

19,783

 

Fiscal 2026

 

$

7,813

 

Fiscal 2027

 

$

906

 

Fiscal 2028

 

$

712

 

Thereafter

 

$

6,462