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Goodwill (Tables)
12 Months Ended
Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in goodwill by reportable segment
The following summarizes changes in the Company’s goodwill, by reportable segment (in thousands):
Domestic Company-
owned Restaurants
International
All OtherTotal
Balance at December 25, 2022$55,507 $14,673 $436 $70,616 
Acquisitions (a)
1,102 4,274 — 5,376 
Divestitures (b)
— — (436)(436)
Foreign currency adjustments— 650 — 650 
Balance at December 31, 2023$56,609 $19,597 $— $76,206 
Divestitures (b)
— (453)— (453)
Acquisition accounting adjustments (c)
— (95)— (95)
Foreign currency adjustments— (198)— (198)
Balance at December 29, 2024$56,609 $18,851 $— $75,460 
______________________________
(a)Goodwill recognized during the year ended December 31, 2023 includes $4.3 million from the UK franchisee acquisitions as well as $1.1 million related to the Domestic restaurant acquisitions. See “Note 24. Acquisitions” for further information.
(b)During the year ended December 29, 2024, the Company disposed of $0.5 million of goodwill in connection with the refranchising of 60 formerly Company-owned restaurants in the United Kingdom. During the year ended December 31, 2023, the Company disposed of $0.4 million of goodwill in connection with the sale of our Preferred Marketing Solutions business. See “Note 16. Restructuring” and “Note 22. Divestitures” for further information.
(c)Acquisition accounting adjustments were recorded during the year ended December 29, 2024 to increase property and equipment to fair value as a result of the finalization of our valuation of acquired property and equipment from the UK franchisee acquisitions. See “Note 24. Acquisitions” for further information.