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Franchise Rights Acquired, Goodwill and Other Intangible Assets | 3 Months Ended
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Mar. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Franchise Rights Acquired, Goodwill and Other Intangible Assets |
6. | Franchise Rights Acquired, Goodwill and Other Intangible Assets
Franchise rights acquired are due to acquisitions of the Company’s franchised territories as well as the acquisition of franchise promotion agreements and other factors associated with the acquired franchise territories. For the three months ended March 30, 2019, the change in the carrying value of franchise rights acquired is due to the effect of exchange rate changes. Goodwill primarily relates to the acquisition of the Company by The Kraft Heinz Company (successor to H.J. Heinz Company) in 1978 and the Company’s acquisitions of WW.com, Inc. (formerly known as WeightWatchers.com, Inc.) in 2005, the Company’s franchised territories and the majority interest in Vigilantes do Peso Marketing Ltda. For the three months ended March 30, 2019, the change in the carrying amount of goodwill was due to the effect of exchange rate changes as follows:
|  | North |  |  | Continental |  |  | United |  |  |  |  |  |  |  |  |
|  | America |  |  | Europe |  |  | Kingdom |  |  | Other |  |  | Total |
Balance as of December 29, 2018 |  | $ | 138,156 |  |  | $ | 7,242 |  |  | $ | 1,178 |  |  | $ | 5,943 |  |  | $ | 152,519 |
Effect of exchange rate changes |  |  | 852 |  |  |  | (195 | ) |  |  | 31 |  |  |  | (35 | ) |  |  | 653 |
Balance as of March 30, 2019 |  | $ | 139,008 |  |  | $ | 7,047 |  |  | $ | 1,209 |  |  | $ | 5,908 |  |  | $ | 153,172 |
Finite-lived Intangible Assets The carrying values of finite-lived intangible assets as of March 30, 2019 and December 29, 2018 were as follows:
|  | March 30, 2019 |  |  | December 29, 2018 |
|  | Gross |  |  |  |  |  |  | Gross |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Accumulated |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amortization |
Capitalized software costs |  | $ | 125,356 |  |  | $ | 105,221 |  |  | $ | 121,508 |  |  | $ | 102,659 |
Website development costs |  |  | 109,704 |  |  |  | 82,333 |  |  |  | 105,710 |  |  |  | 77,825 |
Trademarks |  |  | 11,694 |  |  |  | 11,063 |  |  |  | 11,620 |  |  |  | 11,010 |
Other |  |  | 13,985 |  |  |  | 4,258 |  |  |  | 13,967 |  |  |  | 4,149 |
Trademarks and other intangible assets |  | $ | 260,739 |  |  | $ | 202,875 |  |  | $ | 252,805 |  |  | $ | 195,643 |
Franchise rights acquired |  |  | 8,098 |  |  |  | 4,378 |  |  |  | 8,110 |  |  |  | 4,319 |
Total finite-lived intangible assets |  | $ | 268,837 |  |  | $ | 207,253 |  |  | $ | 260,915 |  |  | $ | 199,962 |
Aggregate amortization expense for finite-lived intangible assets was recorded in the amounts of $7,556 and $7,410 for the three months ended March 30, 2019 and March 31, 2018, respectively. Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows:
Remainder of fiscal 2019 |  | $ | 18,841 |
Fiscal 2020 |  | $ | 19,365 |
Fiscal 2021 |  | $ | 10,537 |
Fiscal 2022 |  | $ | 2,041 |
Fiscal 2023 and thereafter |  | $ | 10,800 |

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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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