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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 26, 2020
Goodwill and Intangible Assets | D. Goodwill and Intangible Assets The Company’s intangible assets as of September 26, 2020 and December 28, 2019 were as follows:
|  |  |  |  | As of September 26, 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 |  |  | $ | (316 | ) |  | $ | 3,484 |  |  | $ | 3,800 |  |  | $ | (127 | ) |  | $ | 3,673 |
Trade Names |  |  | Indefinite |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |  |  |  | 100,599 |  |  |  | — |  |  |  | 100,599 |
Total intangible assets |  |  |  |  |  | $ | 104,310 |  |  | $ | (316 | ) |  | $ | 103,994 |  |  | $ | 104,399 |  |  | $ | (127 | ) |  | $ | 104,272 |
As disclosed within Note C, the Company acquired intangible assets as part of the Dogfish Head transaction that consist 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 thirty-nine weeks ended September 26, 2020 was approximately $63,000 and $190,000, 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 |  |  | $ | 63 |
2021 |  |  |  | 253 |
2022 |  |  |  | 253 |
2023 |  |  |  | 253 |
2024 |  |  |  | 253 |
2025 |  |  |  | 253 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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Balance Type: | na
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