Other Assets, Net (Tables)

3 Months Ended

Mar. 29, 2020

Other Assets [Abstract]

Schedule of other assets

Other assets, net, consisted of the following as of the periods indicated:

(dollars in thousands)	MARCH 29, 2020		DECEMBER 29, 2019
Company-owned life insurance (1)	$	46,534	$	60,126
Deferred financing fees (2)	4,476		4,893
Liquor licenses	24,224		24,289
Other assets	26,500		27,802
	$	101,734	$	117,110

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(1) During the thirteen weeks ended March 29, 2020, the Company reclassified $10.0 million of Company-owned life insurance policies to current assets for planned payment of deferred compensation obligations.

(2)

Net of accumulated amortization of $7.2 million and $6.8 million as of March 29, 2020 and December 29, 2019, respectively.