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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 25, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | F. Goodwill and Intangible Assets No impairment of goodwill was recorded in any period. The Company’s intangible assets as of June 25, 2022 and December 25, 2021 were as follows:
|  |  |  |  | As of June 25, 2022 |  |  | As of December 25, 2021 |
|  | 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 |  |  | $ | (760 | ) |  | $ | 3,040 |  |  | $ | 3,800 |  |  | $ | (633 | ) |  | $ | 3,167 |
Trade Names |  | Indefinite |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |  |  |  | 100,510 |  |  |  | — |  |  |  | 100,510 |
Total intangible assets |  |  |  |  | $ | 104,310 |  |  | $ | (760 | ) |  | $ | 103,550 |  |  | $ | 104,310 |  |  | $ | (633 | ) |  | $ | 103,677 |
Amortization expense in the thirteen and twenty-six weeks ended June 25, 2022 was approximately $63,000 and $127,000, 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 2022 |  | $ | 127 |
2023 |  |  | 253 |
2024 |  |  | 253 |
2025 |  |  | 253 |
2026 |  |  | 253 |
2027 |  |  | 253 |
Thereafter |  |  | 1,648 |
Total amortization expense |  | $ | 3,040 |

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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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