XML 37 R30.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill For the six months ended June 29, 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

 

 

(1,569

)

Balance as of June 29, 2024

 

$

241,872

 

Schedule of Carrying Values of Finite-lived Intangible Assets

The carrying values of finite-lived intangible assets as of June 29, 2024 and December 30, 2023 were as follows:

 

 

 

June 29, 2024

 

 

December 30, 2023

 

 

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

Capitalized software and website development costs

 

$

250,403

 

 

$

203,389

 

 

$

251,410

 

 

$

195,696

 

Trademarks

 

 

12,192

 

 

 

12,069

 

 

 

12,188

 

 

 

12,024

 

Other

 

 

13,962

 

 

 

6,886

 

 

 

13,991

 

 

 

6,661

 

Trademarks and other intangible assets

 

$

276,557

 

 

$

222,344

 

 

$

277,589

 

 

$

214,381

 

Franchise rights acquired

 

 

7,902

 

 

 

5,292

 

 

 

8,029

 

 

 

5,314

 

Total finite-lived intangible assets

 

$

284,459

 

 

$

227,636

 

 

$

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

 

$

13,880

 

Fiscal 2025

 

$

21,492

 

Fiscal 2026

 

$

11,481

 

Fiscal 2027

 

$

2,794

 

Fiscal 2028

 

$

713

 

Fiscal 2029

 

$

704

 

Thereafter

 

$

5,759