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Intangible Assets | 12 Months Ended
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Dec. 28, 2019
Intangible Assets [Abstract] |
Intangible Assets | NOTE H—INTANGIBLE ASSETS The Company performed its annual goodwill impairment test during the third quarter of 2019. The Company performed a qualitative assessment of each reporting unit and determined that it was not more-likely-than-not that the fair value of any reporting unit was less than its carrying amount. As a result, no impairments of goodwill were recognized in 2019. The Company also performed its annual indefinite-lived intangible asset impairment test during the third quarter of 2019. The Company performed a qualitative assessment of the indefinite-lived intangible assets and determined that it was not more-likely-than-not that the fair value of any indefinite-lived intangible asset was less than the carrying amount. As a result, no impairments of indefinite-lived intangible assets were recognized in 2019. The changes in the carrying amount of goodwill are as follows:
|  | December 28, |  | December 29,
|  | 2019 |  | 2018
Balance at beginning of year: |  |  |  |  |  |
Gross goodwill |  | $ | 16,815 |  | $ | 17,417
Net goodwill as of beginning of year |  |  | 16,815 |  |  | 17,417
Currency translation adjustment |  |  | (179) |  |  | (602)
Balance as of end of year |  |  |  |  |  |
Gross goodwill |  |  | 16,636 |  |  | 16,815
Net goodwill as of end of year |  | $ | 16,636 |  | $ | 16,815
‎ NOTE H—INTANGIBLE ASSETS – CONTINUED Intangible assets consists of the following:
|  | As of December 28, 2019 |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  | Weighted-average
|  | Gross carrying |  | Accumulated |  | Net carrying |  |  | amortization
|  | amount |  | amortization |  | amount |  |  | period (years)
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name and trademarks |  | $ | 3,791 |  | $ | (3,548) |  | $ | 243 |  |  | 10
Product formulas |  |  | 8,360 |  |  | (4,621) |  |  | 3,739 |  |  | 8
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Direct sales license |  |  | 25,858 |  |  |  |  |  | 25,858 |  |  |  |
|  | $ | 38,009 |  |  |  |  | $ | 29,840 |  |  |  |
Estimated Amortization Expense: |  |  |
2020 |  | $ | 1,278
2021 |  |  | 1,045
2022 |  |  | 1,045
2023 |  |  | 614
|  | $ | 3,982
|  | As of December 29, 2018 |  |  |
|  | Gross carrying ‎amount |  | Accumulated ‎amortization |  | Net carrying ‎amount |  | Weighted-average ‎amortization ‎period (years)
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Trade name and trademarks |  | $ | 3,858 |  | $ | (3,226) |  | $ | 632 |  |  | 10
Product formulas |  |  | 8,506 |  |  | (3,637) |  |  | 4,869 |  |  | 8
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Direct sales license |  |  | 26,310 |  |  |  |  |  | 26,310 |  |  |
|  | $ | 38,674 |  |  |  |  | $ | 31,811 |  |  |
Aggregate amortization of intangible assets was $1,442, $1,505, and $1,480, for the years ended 2019, 2018, and 2017, respectively. ‎

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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