Goodwill and Other Intangible Assets

9 Months Ended

Sep. 25, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The following table reflects the changes in carrying amounts of goodwill:

	(In thousands)
Balance, December 26, 2018	$	39,781
Adjustments related to the sale of restaurants and reclassifications to assets held for sale	(2,897		)
Balance, September 25, 2019	$	36,884

Other intangible assets consisted of the following:

	September 25, 2019				December 26, 2018
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Intangible assets with indefinite lives:
Trade names	$	44,087	$	—	$	44,087	$	—
Liquor licenses	120		—		166		—
Intangible assets with definite lives:
Reacquired franchise rights	16,218		5,834		19,933		5,119
Intangible assets, net	$	60,425	$	5,834	$	64,186	$	5,119

The decreases in goodwill and reacquired franchise rights during the current year were the result of sales of company restaurants and reclassifications to assets held for sale as part of our refranchising and development strategy. See Note 4.