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Goodwill and Intangible Assets
12 Months Ended
Dec. 25, 2018
Goodwill and Intangible Assets  
Goodwill and Intangible Assets

(7) Goodwill and Intangible Assets

The changes in the carrying amount of goodwill and intangible assets are as follows:

 

 

 

 

 

 

 

 

Goodwill

 

Intangible Assets

 

Balance as of December 27, 2016 (1)

$

116,571

 

$

3,622

 

Additions

 

4,469

 

 

 

Amortization expense

 

 

 

(922)

 

Disposals and other, net

 

 

 

 

Impairment

 

 

 

 

Balance as of December 26, 2017

$

121,040

 

$

2,700

 

Additions

 

2,180

 

 

 

Amortization expense

 

 

 

(741)

 

Disposals and other, net

 

 

 

 

Impairment

 

 

 

 

Balance as of December 25, 2018

$

123,220

 

$

1,959

 

 

 

 

 

 

 

 


(1)

Net of $4.8 million of accumulated goodwill impairment losses.

 

Intangible assets consist of reacquired franchise rights. The gross carrying amount and accumulated amortization of the intangible assets at December 25, 2018 were $15.4 million and $13.4 million, respectively. As of December 26, 2017, the gross carrying amount and accumulated amortization of the intangible assets was $15.4 million and $12.7 million. We amortize reacquired franchise rights on a straight-line basis over the remaining term of the franchise operating agreements, which varies by restaurant.  Amortization expense for the next five years is expected to range from $0.2 million to $0.7 million. Refer to note 4 for discussion of the acquisitions completed for the years ended December 25, 2018 and December 26, 2017.