GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 27, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Value of Goodwill and Other Intangible Assets and Gross Carrying Value and Accumulated Amortization of Other Intangible Assets

Changes in Carrying Value of Goodwill and Other Intangible Assets (in millions)

	Amortizing Intangible Assets		Non-Amortizing Intangible Assets
			Goodwill		Trademarks
December 26, 2021	$	175.6	$	295.1	$	477.2
Amortization	$	(3.7)	$	—	$	—
Adjustment to preliminary purchase price	$	(0.2)	$	0.2	$	—
March 27, 2022	$	171.7	$	295.3	$	477.2

Gross Carrying Value and Accumulated Amortization of Other Intangible Assets (in millions)

	March 27, 2022							December 26, 2021
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets
Franchise agreements		$	109.2	$	(7.9)	$	101.2	$	109.4	$	(5.7)	$	103.7
Customer relationships		73.9		(3.8)		70.1		73.9		(2.4)		71.5
Other		0.4		—		0.4		0.4		—		0.4
Balance, end of year		$	183.4	$	(11.7)	$	171.7	$	183.6	$	(8.0)	$	175.6
Non-amortizing intangible assets
Trademarks						477.2						477.2
Total amortizing and non-amortizing intangible assets, net						$	648.9					$	652.8

Schedule of Expected Future Amortization of Capitalized Franchise Agreements

The expected future amortization of the Company’s capitalized franchise agreements is as follows (in millions):

Fiscal year:
Remaining 2022	$	10.9
2023	13.7
2024	13.4
2025	13.2
2026	13.2
Thereafter	107.4
Total	$	171.7