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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 27, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | C. Goodwill and Intangible Assets There were no changes in the carrying value of goodwill during the thirteen weeks ended March 27, 2021 and March 28, 2020. The Company’s intangible assets as of March 27, 2021 and December 26, 2020 were as follows:
|  |  |  |  |  | As of March 27, 2021 |  |  | As of December 26, 2020 |
|  | Estimated Useful |  |  | Gross Carrying |  |  | Accumulated |  |  | Net Book |  |  | Gross Carrying |  |  | Accumulated |  |  | Net Book |
|  | Life (Years) |  |  | Value |  |  | Amortization |  |  | Value |  |  | Value |  |  | Amortization |  |  | Value |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |
Customer Relationships |  |  | 15 |  |  | $ | 3,800 |  |  | $ | (443 | ) |  | $ | 3,357 |  |  | $ | 3,800 |  |  | $ | (380 | ) |  | $ | 3,420 |
Trade Names |  | Indefinite |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |
Total intangible assets |  |  |  |  |  | $ | 104,310 |  |  | $ | (443 | ) |  | $ | 103,867 |  |  | $ | 104,310 |  |  | $ | (380 | ) |  | $ | 103,930 |
The Company acquired intangible assets in fiscal year 2019 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 weeks ended March 27, 2021 was approximately $63,000. 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 2021 |  | $ | 190 |
2022 |  |  | 253 |
2023 |  |  | 253 |
2024 |  |  | 253 |
2025 |  |  | 253 |
2026 |  |  | 253 |

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- References No definition available. + Details
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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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