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GOODWILL AND INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 27, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
During the thirteen weeks ended March 27, 2022, there were no changes in the carrying amount of goodwill of $36.0 million.
The following table presents the Company’s intangible assets, net balances:
(dollar amounts in thousands)
As of March 27,
2022
As of December 26,
2021
Internal use software$27,030 $26,122 
Developed technology20,050 20,050 
Total intangible assets
47,080 46,172 
Accumulated amortization(15,203)(13,304)
Intangible assets, net
$31,877$32,868

Developed technology intangible assets were recognized in conjunction with the Company’s acquisition of Spyce on September 7, 2021.The estimated useful lives of developed technology is five years. As of March 27, 2022, developed technology has not been placed into service. See Note 6 for further details.

Amortization expense for intangible assets was $1.9 million and $1.3 million for the thirteen weeks ended March 27, 2022 and March 28, 2021, respectively.

Estimated amortization of internal use software for each of the next five years is as follows:
(dollar amounts in thousands)

2022$5,225 
20234,607 
20241,968 
202527 
2026—