Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment:



	December 31, 2017			January 1, 2017
	(in thousands)
Land	$	50,135		$	50,135
Buildings	56,415			54,808
Leasehold improvements	453,167			435,691
Game and ride equipment	250,139			212,049
Furniture, fixtures and other equipment	150,505			134,216
Buildings leased under capital leases	15,067			15,062
	975,428			901,961
Less accumulated depreciation and amortization	(414,245		)	(328,369		)
Net property and equipment in service	561,183			573,592
Construction in progress	8,838			19,294
Property and equipment, net	$	570,021		$	592,886

Buildings includes certain venues leased under capital leases. Accumulated amortization related to these assets was $4.0 million and $2.9 million as of December 31, 2017 and January 1, 2017, respectively. Amortization of assets under capital leases is included in “Depreciation and amortization” in our Consolidated Statements of Earnings.

Asset Impairments

During Fiscal 2017, we recognized an asset impairment charge of $1.8 million primarily related to four venues. During Fiscal 2016 and Fiscal 2015, we recognized an asset impairment charge of $1.6 million and $0.9 million, respectively, primarily related to five venues and four venues, respectively. These impairment charges were the result of a decline in the venues’ financial performance, primarily related to various economic factors in the markets in which the venues are located. As of December 31, 2017, the aggregate carrying value of the property and equipment at impaired venues, after the impairment charges, was $1.9 million for venues impaired in 2017.