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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 25, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | D. Goodwill and Intangible Assets There were no changes in the carrying value of goodwill during the thirteen or thirty-nine weeks ended September 25, 2021 and September 26, 2020. The Company’s intangible assets as of September 25, 2021 and December 26, 2020 were as follows:
|  |  |  |  | As of September 25, 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 |  |  | $ | (570 | ) |  | $ | 3,230 |  |  | $ | 3,800 |  |  | $ | (380 | ) |  | $ | 3,420 |
Trade Names |  | Indefinite |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |
Total intangible assets |  |  |  |  | $ | 104,310 |  |  | $ | (570 | ) |  | $ | 103,740 |  |  | $ | 104,310 |  |  | $ | (380 | ) |  | $ | 103,930 |
The Company acquired intangible assets in fiscal year 2019 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 is amortized on a straight-line basis over a 15 year useful life. Amortization expense in the thirteen and thirty-nine weeks ended September 25, 2021 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 2021 |  | $ | 63 |
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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