Franchise Rights and Goodwill (Tables)

9 Months Ended

Oct. 02, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Franchise Rights and Goodwill

Franchise rights and goodwill consisted of the following:

(in thousands)	October 2, 2016		January 3, 2016		September 27, 2015
Franchise rights	$	533,040	$	527,540	$	527,540
Goodwill		141,271		117,954		113,835
Total franchise rights and goodwill	$	674,311	$	645,494	$	641,375

Reconciliation of Activity for Franchise Rights and Goodwill

A reconciliation of the activity for franchise rights and goodwill for the first three quarters of 2016 and the first three quarters of 2015 is as follows:

(in thousands)	Franchise rights		Goodwill			Total
Balance on December 28, 2014	$	520,672	$	106,220		$	626,892
YTD 2015 Expansion Territories		-		6,233			6,233
Asset Exchange Transaction		6,868		312			7,180
Measurement period adjustment		-		1,070			1,070
Balance on September 27, 2015	$	527,540	$	113,835		$	641,375
Balance on January 3, 2016	$	527,540	$	117,954		$	645,494
YTD 2016 Expansion Transactions		-		22,031			22,031
Asset Exchange Transaction		5,500		(682	)		4,818
Measurement period adjustment		-		1,968			1,968
Balance on October 2, 2016	$	533,040	$	141,271		$	674,311