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Goodwill and Intangible Assets, Net | 12 Months Ended
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Dec. 27, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and intangible assets, net | Goodwill and Intangible Assets, Net Goodwill - The following table is a rollforward of goodwill:
(dollars in thousands) | U.S. |  | INTERNATIONAL |  | CONSOLIDATED
Balance as of December 31, 2013 | $ | 170,271 |  |  | $ | 181,847 |  |  | $ | 352,118 |
Acquisitions | 2,461 |  |  | — |  |  | 2,461 |
Translation adjustments | — |  |  | (13,018 | ) |  | (13,018 | )
Disposals | (21 | ) |  | — |  |  | (21 | )
Balance as of December 28, 2014 | $ | 172,711 |  |  | $ | 168,829 |  |  | $ | 341,540 |
Translation adjustments | — |  |  | (40,679 | ) |  | (40,679 | )
Balance as of December 27, 2015 | $ | 172,711 |  |  | $ | 128,150 |  |  | $ | 300,861 |
The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated:
| DECEMBER 27, 2015 |  | DECEMBER 28, 2014 |  | DECEMBER 31, 2013
(dollars in thousands) | GROSS CARRYING AMOUNT |  | ACCUMULATED IMPAIRMENTS |  | GROSS CARRYING AMOUNT |  | ACCUMULATED IMPAIRMENTS |  | GROSS CARRYING AMOUNT |  | ACCUMULATED IMPAIRMENTS
U.S. | $ | 840,881 |  |  | $ | (668,170 | ) |  | $ | 840,881 |  |  | $ | (668,170 | ) |  | $ | 838,441 |  |  | $ | (668,170 | )
International | 244,616 |  |  | (116,466 | ) |  | 285,295 |  |  | (116,466 | ) |  | 298,313 |  |  | (116,466 | )
Total goodwill | $ | 1,085,497 |  |  | $ | (784,636 | ) |  | $ | 1,126,176 |  |  | $ | (784,636 | ) |  | $ | 1,136,754 |  |  | $ | (784,636 | )
The Company performs its annual assessment for impairment of goodwill and other indefinite-lived intangible assets each year during the second quarter. The Company did not record any goodwill asset impairment charges during fiscal years 2015, 2014 or 2013. Intangible Assets, net - Intangible assets, net, consisted of the following as of December 27, 2015 and December 28, 2014:
| WEIGHTED AVERAGE AMORTIZATION PERIOD (IN YEARS) |  | DECEMBER 27, 2015 |  | DECEMBER 28, 2014
(dollars in thousands) |  | GROSS CARRYING VALUE |  | ACCUMULATED AMORTIZATION |  | NET CARRYING VALUE |  | GROSS CARRYING VALUE |  | ACCUMULATED AMORTIZATION |  | NET CARRYING VALUE
Trade names | Indefinite |  | $ | 414,000 |  |  |  |  | $ | 414,000 |  |  | $ | 414,000 |  |  |  |  | $ | 414,000 |
Trademarks | 13 |  | 82,131 |  |  | $ | (32,662 | ) |  | 49,469 |  |  | 83,991 |  |  | $ | (30,656 | ) |  | 53,335 |
Favorable leases | 8 |  | 80,909 |  |  | (42,882 | ) |  | 38,027 |  |  | 87,655 |  |  | (43,083 | ) |  | 44,572 |
Franchise agreements | 5 |  | 14,881 |  |  | (9,777 | ) |  | 5,104 |  |  | 14,881 |  |  | (8,633 | ) |  | 6,248 |
Reacquired franchise rights | 12 |  | 46,447 |  |  | (7,745 | ) |  | 38,702 |  |  | 70,023 |  |  | (6,072 | ) |  | 63,951 |
Other intangibles | 1 |  | 9,099 |  |  | (7,564 | ) |  | 1,535 |  |  | 9,099 |  |  | (5,773 | ) |  | 3,326 |
Total intangible assets | 10 |  | $ | 647,467 |  |  | $ | (100,630 | ) |  | $ | 546,837 |  |  | $ | 679,649 |  |  | $ | (94,217 | ) |  | $ | 585,432 |
The Company did not record any indefinite-lived intangible asset impairment charges during fiscal years 2015, 2014 or 2013. Definite-lived intangible assets are amortized on a straight-line basis. The following table presents the aggregate expense related to the amortization of the Company’s trademarks, favorable leases, franchise agreements, reacquired franchise rights and other intangibles:
| FISCAL YEAR
(dollars in thousands) | 2015 |  | 2014 |  | 2013
Amortization expense (1) | $ | 16,852 |  |  | $ | 19,807 |  |  | $ | 14,405 |
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(1) | Amortization expense is recorded in Depreciation and amortization and Other restaurant operating expense in the Company’s Consolidated Statements of Operations and Comprehensive Income.
The following table presents expected annual amortization of intangible assets as of December 27, 2015:
(dollars in thousands) |
2016 | $ | 15,058 |
2017 | 13,087 |
2018 | 12,725 |
2019 | 12,405 |
2020 | 11,673 |
Effective June 1, 2014, OSI and Carrabba’s Italian Grill, LLC (“Carrabba’s”), a wholly owned subsidiary of OSI, entered into a Third Amendment to the Royalty Agreement with the founders of Carrabba’s Italian Grill and their affiliated entities (collectively, the “Carrabba’s Founders”). The amendment provides that no continuing royalty fee will be paid to the Carrabba’s Founders for Carrabba’s restaurants located outside the United States. Each Carrabba’s restaurant located outside the United States will pay a one-time lump sum royalty fee, which varies depending on the size of the restaurant. The one-time fee is $100,000 for restaurants 5,000 square feet or larger, $75,000 for restaurants 3,500 square feet or larger but less than 5,000 square feet and $50,000 for restaurants less than 3,500 square feet. In connection with the amendment, the Company made a non-refundable payment of $1.0 million to the Carrabba’s Founders for the first ten restaurants of 5,000 square feet or more to be located outside the United States. The payment to the Carrabba’s Founders was recorded as a trade name in Intangible Assets, net, in the Company’s Consolidated Balance Sheet. In addition, new Carrabba’s restaurants in the U.S. that first opened on or after June 1, 2014 pay a fixed royalty of 0.5 percent on sales occurring prior to 4 pm local time Monday through Saturday. Existing Carrabba’s restaurants in the U.S. that began serving weekday lunch on or after June 1, 2014 pay a fixed royalty of 0.5 percent on sales occurring prior to 4 pm local time Monday through Friday. In each case, these sales will be excluded in calculating the volume based royalty percentage on sales after 4 pm.

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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