Goodwill and Intangible Assets

12 Months Ended

Dec. 29, 2020

(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 25, 2018 (1)	$	123,220	$	1,959
Additions		1,528		—
Amortization expense		—		(725)
Disposals and other, net		—		—
Impairment		—		—
Balance as of December 31, 2019	$	124,748	$	1,234
Additions		3,329		1,600
Amortization expense		—		(563)
Disposals and other, net		—		—
Impairment		(1,076)		—
Balance as of December 29, 2020	$	127,001	$	2,271

(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 29, 2020 were $16.6 million and $14.3 million, respectively. As of December 31, 2019, the gross carrying amount and accumulated amortization of the intangible assets was $15.4 million and $14.1 million, respectively. 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 $0.1 million to $0.8 million. As further discussed in note 16, as a result of our 2020 goodwill impairment analysis, we determined that goodwill related to two restaurants was impaired. Refer to note 4 for discussion of the

acquisitions completed for the years ended December 29, 2020 and December 31, 2019.