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Goodwill and Intangible Assets, Net
 12 Months Ended
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

________________
(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.