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Goodwill and Other Intangible Assets (Tables) | 4 Months Ended
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Apr. 20, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Goodwill and Other Intangible Assets | The table below summarizes our goodwill and other intangible assets at April 20, 2019 and December 29, 2018, respectively, each of which is explained in additional detail below (amounts in thousands):
|  | April 20, 2019 |  |  | December 29, 2018 |
Goodwill |  | $ | 545,244 |  |  | $ | 545,379 |
Amortizable intangible assets, net of amortization |  |  | 579,306 |  |  |  | 588,329 |
Indefinite-lived intangible assets |  |  | 206,600 |  |  |  | 206,600 |
Total goodwill and other intangible assets |  | $ | 1,331,150 |  |  | $ | 1,340,308 |
Carrying Amount of Goodwill | Changes in the carrying amount of goodwill during the sixteen weeks ended April 20, 2019 are presented in the table below and relate to the Canyon acquisition discussed in Note 5, Acquisition, of Notes to Condensed Consolidated Financial Statements of this Form 10-Q (amounts in thousands):
|  | Total |
Outstanding at December 29, 2018 |  | $ | 545,379 |
Change in goodwill related to acquisition |  |  | (135 | )
Outstanding at April 20, 2019 |  | $ | 545,244 |
Amortizable Intangible Assets | As of April 20, 2019 and December 29, 2018, respectively, the company had the following amounts related to amortizable intangible assets (amounts in thousands):
|  | April 20, 2019 |  |  | December 29, 2018 |
Asset |  | Cost |  |  | Accumulated Amortization |  |  | Net Value |  |  | Cost |  |  | Accumulated Amortization |  |  | Net Value |
Trademarks |  | $ | 413,092 |  |  | $ | 48,106 |  |  | $ | 364,986 |  |  | $ | 413,092 |  |  | $ | 44,711 |  |  | $ | 368,381 |
Customer relationships |  |  | 318,021 |  |  |  | 105,422 |  |  |  | 212,599 |  |  |  | 318,021 |  |  |  | 99,904 |  |  |  | 218,117 |
Non-compete agreements |  |  | 5,154 |  |  |  | 4,898 |  |  |  | 256 |  |  |  | 5,154 |  |  |  | 4,874 |  |  |  | 280 |
Distributor relationships |  |  | 4,123 |  |  |  | 2,658 |  |  |  | 1,465 |  |  |  | 4,123 |  |  |  | 2,572 |  |  |  | 1,551 |
Total |  | $ | 740,390 |  |  | $ | 161,084 |  |  | $ | 579,306 |  |  | $ | 740,390 |  |  | $ | 152,061 |  |  | $ | 588,329 |
Aggregate Amortization Expense | Aggregate amortization expense for the sixteen weeks ended April 20, 2019 and April 21, 2018 was as follows (amounts in thousands):
|  | Amortization Expense |
For the sixteen weeks ended April 20, 2019 |  | $ | 9,023 |
For the sixteen weeks ended April 21, 2018 |  | $ | 7,967 |
Estimated Amortization of Intangibles | Estimated amortization of intangibles for each of the next five years is as follows (amounts in thousands):
|  | Amortization of Intangibles |
Remainder of 2019 |  | $ | 20,193 |
2020 |  | $ | 28,606 |
2021 |  | $ | 27,893 |
2022 |  | $ | 27,189 |
2023 |  | $ | 26,309 |

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