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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill [Line Items]  
Goodwill rollforward The following table is a rollforward of goodwill for the periods indicated:
(dollars in thousands)U.S.INTERNATIONALCONSOLIDATED
Balance as of December 26, 2021$170,657 $97,787 $268,444 
Translation adjustments— 4,588 4,588 
Balance as of December 25, 2022170,657 102,375 273,032 
Translation adjustments— 3,285 3,285 
Balance as of December 31, 2023$170,657 $105,660 $276,317 
Schedule of goodwill and intangible assets by reporting unit
The following table presents goodwill, trade names and trademarks balances by reporting unit as of the periods indicated:
DECEMBER 31, 2023DECEMBER 25, 2022
(dollars in thousands)GOODWILLTRADE NAMESTRADEMARKSGOODWILLTRADE NAMESTRADEMARKS
Outback Steakhouse$123,188 $287,000 $— $123,188 $287,000 $— 
Carrabba’s Italian Grill18,826 69,000 — 18,826 69,000 — 
Bonefish Grill28,188 — 9,788 28,188 — 12,618 
Fleming’s Prime Steakhouse & Wine Bar455 — 8,412 455 — 9,407 
U.S. total170,657 356,000 18,200 170,657 356,000 22,025 
Outback Steakhouse - Brazil62,994 — — 59,709 — 252 
International - Franchise42,666 58,716 — 42,666 58,716 — 
International total105,660 58,716 — 102,375 58,716 252 
Total$276,317 $414,716 $18,200 $273,032 $414,716 $22,277 
Finite-lived intangible assets amortization expense The following table presents the aggregate expense related to the amortization of the Company’s trademarks and reacquired franchise rights for the periods indicated:
FISCAL YEAR
(dollars in thousands)202320222021
Amortization expense$5,984 $6,172 $6,005 
Schedule of finite-lived intangible assets, future amortization expense
The following table presents expected annual amortization of intangible assets as of December 31, 2023:
(dollars in thousands)
2024$5,738 
2025$5,470 
2026$5,374 
2027$3,624 
2028$2,076 
Goodwill  
Goodwill [Line Items]  
Schedule of goodwill and intangible assets
The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated:
DECEMBER 31, 2023DECEMBER 25, 2022DECEMBER 26, 2021
(dollars in thousands)GROSS CARRYING AMOUNTACCUMULATED IMPAIRMENTSGROSS CARRYING AMOUNTACCUMULATED IMPAIRMENTSGROSS CARRYING AMOUNTACCUMULATED IMPAIRMENTS
U.S.$838,827 $(668,170)$838,827 $(668,170)$838,827 $(668,170)
International225,543 (119,883)222,258 (119,883)217,670 (119,883)
Total goodwill$1,064,370 $(788,053)$1,061,085 $(788,053)$1,056,497 $(788,053)
Intangible assets, net  
Goodwill [Line Items]  
Schedule of goodwill and intangible assets Intangible assets, net, consisted of the following as of the periods indicated:
WEIGHTED AVERAGE REMAINING AMORTIZATION PERIOD
(in years)
DECEMBER 31, 2023DECEMBER 25, 2022
(dollars in thousands)GROSS CARRYING VALUEACCUMULATED AMORTIZATIONNET CARRYING VALUEGROSS CARRYING VALUEACCUMULATED AMORTIZATIONNET CARRYING VALUE
Trade namesIndefinite$414,716 $414,716 $414,716 $414,716 
Trademarks581,952 $(63,752)18,200 81,952 $(59,675)22,277 
Reacquired franchise rights (1)836,506 (26,437)10,069 34,602 (23,269)11,333 
Total intangible assets6$533,174 $(90,189)$442,985 $531,270 $(82,944)$448,326 
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(1)Included within Outback Steakhouse - Brazil.