Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill and Intangible Assets

A summary of goodwill and intangible assets at March 31, 2020 and December 31, 2019 is as follows: 

March 31, 2020	Weighted average amortization period (years)	Gross carrying amount		Accumulated amortization			Net carrying Amount
Customer relationships	11.0	$	174,033	$	(115,313	)	$	58,720
Reacquired franchise rights	8.0	37,660		(13,271		)	24,389
		211,693		(128,584		)	83,109
Indefinite-lived intangible:
Trade and brand names	N/A	146,600		—			146,600
Total intangible assets		$	358,293	$	(128,584	)	$	229,709
Goodwill		$	227,821	$	—		$	227,821

December 31, 2019	Weighted average amortization period (years)	Gross carrying amount		Accumulated amortization			Net carrying Amount
Customer relationships	11.0	$	174,033	$	(112,114	)	$	61,919
Reacquired franchise rights	8.0	37,660		(12,258		)	25,402
		211,693		(124,372		)	87,321
Indefinite-lived intangible:
Trade and brand names	N/A	146,600		—			146,600
Total intangible assets		$	358,293	$	(124,372	)	$	233,921
Goodwill		$	227,821	$	—		$	227,821

Summary of Amortization expenses

The anticipated annual amortization expense related to intangible assets to be recognized in future years as of March 31, 2020 is as follows:

	Amount
Remainder of 2020	$	12,634
2021	16,636
2022	16,728
2023	16,558
2024	14,067
Thereafter	6,486
Total	$	83,109