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Goodwill and Other Intangible Assets, net | 9 Months Ended
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Sep. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, net | Goodwill and Other Intangible Assets, net Goodwill, net Changes in the carrying amount of goodwill by reportable segment are as follows:
| U.S. |  | International |  | Market Development |  | Total
Balance as of December 29, 2024 | $ | 652,784 |  |  | $ | 283,018 |  |  | $ | 111,779 |  |  | $ | 1,047,581 |
Adjustments related to deferred taxes | (516) |  |  | — |  |  | — |  |  | (516) |
Goodwill impairment (1) | (270,162) |  |  | (85,796) |  |  | — |  |  | (355,958) |
Foreign currency impact | — |  |  | 17,264 |  |  | — |  |  | 17,264 |
Balance as of September 28, 2025 | $ | 382,106 |  |  | $ | 214,486 |  |  | $ | 111,779 |  |  | $ | 708,371 |
(1)Refer to Note 1, Description of Business and Summary of Significant Accounting Policies for more information on the goodwill impairment. Other Intangible Assets, net Other intangible assets consist of the following:
| September 28, 2025 |  | December 29, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount
Intangible assets with indefinite lives |  |  |  |  |  |  |  |  |  |  |
Trade names and trademarks | $ | 553,400 |  |  | $ | — |  |  | $ | 553,400 |  |  | $ | 553,400 |  |  | $ | — |  |  | $ | 553,400 |
Intangible assets with definite lives |  |  |  |  |  |  |  |  |  |  |
Franchise agreements | 27,154 |  |  | (12,035) |  |  | 15,119 |  |  | 27,154 |  |  | (11,050) |  |  | 16,104 |
Customer relationships | 15,000 |  |  | (7,926) |  |  | 7,074 |  |  | 15,000 |  |  | (7,277) |  |  | 7,723 |
Reacquired franchise rights (1) | 416,263 |  |  | (188,269) |  |  | 227,994 |  |  | 402,894 |  |  | (160,187) |  |  | 242,707 |
Total intangible assets with definite lives | 458,417 |  |  | (208,230) |  |  | 250,187 |  |  | 445,048 |  |  | (178,514) |  |  | 266,534 |
Total intangible assets | $ | 1,011,817 |  |  | $ | (208,230) |  |  | $ | 803,587 |  |  | $ | 998,448 |  |  | $ | (178,514) |  |  | $ | 819,934 |
(1)Reacquired franchise rights include the impact of foreign currency fluctuations associated with the respective countries. Amortization expense related to intangible assets included in Depreciation and amortization expense was $7.9 million and $23.4 million for the quarter and three quarters ended September 28, 2025, respectively, and $7.8 million and $22.6 million for the quarter and three quarters ended September 29, 2024, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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