Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jul. 11, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Goodwill and Other Intangible Assets

The table below summarizes our goodwill and other intangible assets at July 11, 2020 and December 28, 2019, respectively, each of which is explained in additional detail below (amounts in thousands):

	July 11, 2020		December 28, 2019
Goodwill	$	545,244	$	545,244
Amortizable intangible assets, net of amortization		603,023		623,107
Indefinite-lived intangible assets		127,100		127,100
Total goodwill and other intangible assets	$	1,275,367	$	1,295,451

Amortizable Intangible Assets

As of July 11, 2020 and December 28, 2019, respectively, the company had the following amounts related to amortizable intangible assets (amounts in thousands):

	July 11, 2020						December 28, 2019
Asset	Cost		Accumulated Amortization		Net Value		Cost		Accumulated Amortization		Net Value
Trademarks	$	472,557	$	62,857	$	409,700	$	477,193	$	55,746	$	421,447
Customer relationships		318,021		127,192		190,829		318,021		117,836		200,185
Non-compete agreements		5,154		4,997		157		5,154		4,954		200
Distributor relationships		4,123		2,996		1,127		4,123		2,848		1,275
Distributor routes held and used		1,210		—		1,210		—		—		—
Total	$	801,065	$	198,042	$	603,023	$	804,491	$	181,384	$	623,107

Aggregate Amortization Expense

Aggregate amortization expense for the twelve and twenty-eight weeks ended July 11, 2020 and July 13, 2019 was as follows (amounts in thousands):

	Amortization Expense
For the twelve weeks ended July 11, 2020	$	7,115
For the twelve weeks ended July 13, 2019	$	6,767
For the twenty-eight weeks ended July 11, 2020	$	16,658
For the twenty-eight weeks ended July 13, 2019	$	15,790

Estimated Amortization of Intangibles

Estimated amortization of intangibles for each of the next five years is as follows (amounts in thousands):

	Amortization of Intangibles
Remainder of 2020	$	13,909
2021	$	29,658
2022	$	29,108
2023	$	28,228
2024	$	27,532