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Goodwill and Other Intangible Assets, net
 9 Months Ended
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, 2025December 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 agreements27,154 (12,035)15,119 27,154 (11,050)16,104 
Customer relationships15,000 (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 lives458,417 (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.