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Franchise Rights and Goodwill | 9 Months Ended
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Sep. 28, 2014
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Franchise Rights and Goodwill | 8. Franchise Rights and Goodwill Franchise rights and goodwill were summarized as follows:
In Thousands |  | Sept. 28, 2014 |  |  | Dec. 29, 2013 |  |  | Sept. 29, 2013 |
Franchise rights |  | $ | 520,672 |  |  | $ | 520,672 |  |  | $ | 520,672 |
Goodwill |  |  | 103,294 |  |  |  | 102,049 |  |  |  | 102,049 |
Total franchise rights and goodwill |  | $ | 623,966 |  |  | $ | 622,721 |  |  | $ | 622,721 |
In the second quarter of 2014 (“Q2 2014”), the Company added $1.2 million to goodwill due to the acquisition of territory in Morristown, Tennessee. There were no additions to franchise rights due to the acquisition of new territories. The Company performs its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter. During YTD 2014, the Company did not experience any triggering events or changes in circumstances that indicated the carrying amounts of the Company’s franchise rights or goodwill exceeded fair values. As such, the Company has not recognized any impairments of franchise rights or goodwill.

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