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Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

The Company’s intangible assets as of September 28, 2024 and December 30, 2023 were as follows:


		As of September 28, 2024		As of September 28, 2024												As of December 30, 2023
		Estimated Useful		Gross Carrying				Accumulated				Net Book				Gross Carrying				Accumulated				Net Book
		Life (Years)		Value				Amortization				Value				Value				Amortization				Value
												(in thousands)
Trademarks		Indefinite		$	14,400			$	—			$	14,400			$	56,984			$	—			$	56,984
Customer relationships		15			3,800				(1,330	)			2,470				3,800				(1,140	)			2,660
Total intangible assets, net				$	18,200			$	(1,330	)		$	16,870			$	60,784			$	(1,140	)		$	59,644

Schedule of future amortization expense

The Company expects to record future amortization expense, including the amortization of the remaining Dogfish Head trademark asset, as follows:


Fiscal Year		Amount (in thousands)
Remainder of 2024		$	423
2025			1,693
2026			1,693
2027			1,693
2028			1,693
2029			1,693
Thereafter			7,982
Total amortization expense		$	16,870