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Franchise Rights and Goodwill (Tables)
3 Months Ended
Apr. 03, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Franchise Rights and Goodwill

 

 

 

Apr. 3,

 

 

Jan. 3,

 

 

Mar. 29,

 

In Thousands

 

2016

 

 

2016

 

 

2015

 

Franchise rights

 

$

527,540

 

 

$

527,540

 

 

$

520,672

 

Goodwill

 

 

135,311

 

 

 

117,954

 

 

 

109,984

 

Total franchise rights and goodwill

 

$

662,851

 

 

$

645,494

 

 

$

630,656

 

 

Reconciliation of Activity for Franchise Rights and Goodwill

 

A reconciliation of the activity for franchise rights and goodwill for Q1 2015 and Q1 2016 follows:

In Thousands

 

Franchise rights

 

 

Goodwill

 

 

Total

 

Balance on  December 28, 2014

 

$

520,672

 

 

$

106,220

 

 

$

626,892

 

Q1 2015 Expansion Territories

 

 

0

 

 

 

3,804

 

 

 

3,804

 

Measurement period adjustment

 

 

0

 

 

 

(40

)

 

 

(40

)

Balance on March 29, 2015

 

$

520,672

 

 

$

109,984

 

 

$

630,656

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on  January 3, 2016

 

$

527,540

 

 

$

117,954

 

 

$

645,494

 

Q1 2016 Expansion Transactions

 

 

0

 

 

 

16,935

 

 

 

16,935

 

Measurement period adjustment

 

 

0

 

 

 

422

 

 

 

422

 

Balance on April 3, 2016

 

$

527,540

 

 

$

135,311

 

 

$

662,851