Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets:

Goodwill and other indefinite-lived intangible assets, including trade-names, are reviewed for impairment annually, or more frequently if indicators of impairment exist. As of June 30, 2019, there were no indicators of impairment. The Partnership's annual testing date is the first day of the fourth quarter. There were no impairments for any period presented.

A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 30, 2019 and June 24, 2018 is as follows:

(In thousands)	Goodwill (gross)			Accumulated Impairment Losses			Goodwill (net)
Balance as of December 31, 2018	$	258,587		$	(79,868	)	$	178,719
Foreign currency translation	2,480			—			2,480
Balance as of June 30, 2019	$	261,067		$	(79,868	)	$	181,199
Balance as of December 31, 2017	$	263,698		$	(79,868	)	$	183,830
Foreign currency translation	(3,644		)	—			(3,644		)
Balance as of June 24, 2018	$	260,054		$	(79,868	)	$	180,186

As of June 30, 2019, December 31, 2018, and June 24, 2018, the Partnership’s other intangible assets consisted of the following:

(In thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
June 30, 2019
Other intangible assets:
Trade names	$	35,945	$	—		$	35,945
License / franchise agreements	3,390		(2,639		)	751
Total other intangible assets	$	39,335	$	(2,639	)	$	36,696
December 31, 2018
Other intangible assets:
Trade names	$	35,394	$	—		$	35,394
License / franchise agreements	3,379		(2,397		)	982
Total other intangible assets	$	38,773	$	(2,397	)	$	36,376
June 24, 2018
Other intangible assets:
Trade names	$	35,720	$	—		$	35,720
License / franchise agreements	3,357		(2,086		)	1,271
Total other intangible assets	$	39,077	$	(2,086	)	$	36,991

Amortization expense of other intangible assets is expected to continue to be immaterial going forward.