XML 24 R13.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Other Intangible Assets, net
9 Months Ended
Oct. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
Goodwill
Changes in the carrying amount of goodwill by reportable segment are as follows:
U.S. and Canada
International
Market Development
Total
Balance as of January 2, 2022$688,048 $283,342 $133,932 $1,105,322 
Acquisitions
11,259 — (4,417)6,842 
Foreign currency impact
(1,283)(36,640)— (37,923)
Balance as of October 2, 2022$698,024 $246,702 $129,515 $1,074,241 
Other Intangible Assets, net
Other intangible assets consist of the following:
 October 2, 2022January 2, 2022
Gross
Carrying
Amount
Accumulated
Amortization
Net Amount
Gross
Carrying
Amount  
Accumulated
Amortization
Net Amount
Intangible assets with indefinite lives   
 
 
Trade name$657,900 $— $657,900 $657,900 $— $657,900 
Intangible assets with definite lives
Franchise agreements30,632 (9,006)21,626 32,545 (8,369)24,176 
Customer relationships15,000 (5,332)9,668 15,000 (4,684)10,316 
Reacquired franchise rights371,989 (94,825)277,164 384,305 (84,177)300,128 
Website development costs6,500 (6,500)— 6,500 (6,500)— 
Total intangible assets with definite lives424,121 (115,663)308,458 438,350 (103,730)334,620 
Total intangible assets$1,082,021 $(115,663)$966,358 $1,096,250 $(103,730)$992,520 
Amortization expense related to intangible assets included in depreciation and amortization expense was $7.1 million and $21.3 million for the quarter and three quarters ended October 2, 2022, respectively, and $7.5 million and $22.6 million for the quarter and three quarters ended October 3, 2021, respectively.