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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 29, 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 September 29, 2019, there were no indicators of impairment. The annual testing date is the first day of the fourth quarter. There were no impairments for any period presented.

Changes in the carrying value of goodwill for the nine months ended September 29, 2019 and September 23, 2018 were:
(In thousands)
Goodwill
(gross)
 
Accumulated
Impairment
Losses
 
Goodwill
(net)
Balance as of December 31, 2018
$
258,587

 
$
(79,868
)
 
$
178,719

Acquisition (See Note 3)
177,994

 

 
177,994

Foreign currency translation
1,738

 

 
1,738

Balance as of September 29, 2019
$
438,319

 
$
(79,868
)
 
$
358,451

 
 
 
 
 
 
Balance as of December 31, 2017
$
263,698

 
$
(79,868
)
 
$
183,830

Foreign currency translation
(1,826
)
 

 
(1,826
)
Balance as of September 23, 2018
$
261,872

 
$
(79,868
)
 
$
182,004



As of September 29, 2019, December 31, 2018, and September 23, 2018, other intangible assets consisted of the following:
(In thousands)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Value
September 29, 2019
 
 
 
 
 
Other intangible assets:
 
 
 
 
 
Trade names
$
58,981

 
$

 
$
58,981

License / franchise agreements
3,509

 
(2,797
)
 
712

Total other intangible assets
$
62,490

 
$
(2,797
)
 
$
59,693

 
 
 
 
 
 
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

 
 
 
 
 
 
September 23, 2018
 
 
 
 
 
Other intangible assets:
 
 
 
 
 
Trade names
$
36,125

 
$

 
$
36,125

License / franchise agreements
3,351

 
(2,345
)
 
1,006

Total other intangible assets
$
39,476

 
$
(2,345
)
 
$
37,131



Other intangible assets as of September 29, 2019 included $23.2 million for the Schlitterbahn trade name acquired on July 1, 2019, see Note 3. The Schlitterbahn trade name is an indefinite-lived intangible asset. Amortization expense of finite-lived other intangible assets is expected to continue to be immaterial going forward.