There were no changes in the carrying value of goodwill during the thirteen or

twenty-six

weeks ended June 27, 2020 and June 29, 2019.

The Company’s intangible assets as of June 27, 2020 and December 28, 2019 were as follows:


			As of June 27, 2020							As of December 28, 2019
	Estimated Useful Life (Years)		Gross Carrying Value		Accumulated Amortization			Net Book Value		Gross Carrying Value		Accumulated Amortization			Net Book Value
	(in thousands)
Custmer Relationships		15	$	3,800	$	(253	)	$	3,547	$	3,800	$	(127	)	$	3,673
Trade Names		Indefinite		100,549		—			100,549		100,599		—			100,599

Total intangible assets			$	104,349	$	(253	)	$	104,096	$	104,399	$	(127	)	$	104,272

As disclosed within Note C, the Company acquired intangible assets as part of the Dogfish Head

ransaction that consists of $98.5 million for the value of the Dogfish Head brand name and $3.8 million for the value of customer relationships. The customer relationship intangible will be amortized on a straight-line basis over the 15 year useful life. Amortization expense in the thirteen and

twenty-six

weeks ended June 27, 2020 was approximately $63,000 and $126,000, respectively. The Company expects to record amortization expense as follows over the remaining current year and the five subsequent years:


Fiscal Year	Amount (in thousands)
Remainder of 2020	$	127
2021		253
2022		253
2023		253
2024		253
2025		253