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Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill For the three months ended March 30, 2024, the change in the carrying amount of goodwill was due to the effect of exchange rate changes as follows:

 

Balance as of December 31, 2022

 

$

155,998

 

Goodwill acquired during the period

 

 

89,742

 

Goodwill impairment

 

 

(3,586

)

Effect of exchange rate changes

 

 

1,287

 

Balance as of December 30, 2023

 

$

243,441

 

Effect of exchange rate changes

 

 

(1,183

)

Balance as of March 30, 2024

 

$

242,258

 

Schedule of Carrying Values of Finite-lived Intangible Assets

The carrying values of finite-lived intangible assets as of March 30, 2024 and December 30, 2023 were as follows:

 

 

 

March 30, 2024

 

 

December 30, 2023

 

 

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

Capitalized software and website development costs

 

$

250,343

 

 

$

199,657

 

 

$

251,410

 

 

$

195,696

 

Trademarks

 

 

12,190

 

 

 

12,048

 

 

 

12,188

 

 

 

12,024

 

Other

 

 

13,970

 

 

 

6,767

 

 

 

13,991

 

 

 

6,661

 

Trademarks and other intangible assets

 

$

276,503

 

 

$

218,472

 

 

$

277,589

 

 

$

214,381

 

Franchise rights acquired

 

 

7,998

 

 

 

5,336

 

 

 

8,029

 

 

 

5,314

 

Total finite-lived intangible assets

 

$

284,501

 

 

$

223,808

 

 

$

285,618

 

 

$

219,695

 

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:

 

Remainder of fiscal 2024

 

$

22,773

 

Fiscal 2025

 

$

21,238

 

Fiscal 2026

 

$

8,475

 

Fiscal 2027

 

$

1,104

 

Fiscal 2028

 

$

712

 

Fiscal 2029

 

$

704

 

Thereafter

 

$

5,687