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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 25, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | I. Goodwill and Intangible Assets No impairment of existing goodwill was recorded in any period. The Company’s intangible assets as of December 25, 2021 and December 26, 2020 were as follows:
|  |  |  |  | As of December 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 |  |  | $ | (633 | ) |  | $ | 3,167 |  |  | $ | 3,800 |  |  | $ | (380 | ) |  | $ | 3,420 |
Trade Names |  | Indefinite |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |
Total intangible assets |  |  |  |  | $ | 104,310 |  |  | $ | (633 | ) |  | $ | 103,677 |  |  | $ | 104,310 |  |  | $ | (380 | ) |  | $ | 103,930 |
The Company’s annual intangible asset impairment evaluation analysis indicated that the fair value of the intangible assets was greater than the carrying value and there was no impairment to record during 2021. Amortization expense in the fifty-two weeks ended December 25, 2021, December 26, 2020, and December 27, 2019 was approximately $253,000, $253,000 and $127,000, respectively. The Company expects to record amortization expense as follows over the five subsequent years:
Fiscal Year |  | Amount (in thousands) |
2022 |  | $ | 253 |
2023 |  |  | 253 |
2024 |  |  | 253 |
2025 |  |  | 253 |
2026 |  |  | 253 |
Thereafter |  |  | 1,900 |

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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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