XML 41 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 26, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill For the nine months ended September 26, 2020, the change in the carrying amount of goodwill was due to the impairment charge of the Company’s Brazil reporting unit and the effect of exchange rate changes as follows:

 

 

 

North

 

 

Continental

 

 

United

 

 

 

 

 

 

 

 

 

 

 

America

 

 

Europe

 

 

Kingdom

 

 

Other

 

 

Total

 

Balance as of December 28, 2019

 

$

143,940

 

 

$

7,015

 

 

$

1,213

 

 

$

5,748

 

 

$

157,916

 

Goodwill impairment

 

 

0

 

 

 

0

 

 

 

0

 

 

 

(3,665

)

 

 

(3,665

)

Effect of exchange rate changes

 

 

(933

)

 

 

228

 

 

 

(31

)

 

 

(724

)

 

 

(1,460

)

Balance as of September 26, 2020

 

$

143,007

 

 

$

7,243

 

 

$

1,182

 

 

$

1,359

 

 

$

152,791

 

 

Schedule of Carrying Values of Finite-lived Intangible Assets

The carrying values of finite-lived intangible assets as of September 26, 2020 and December 28, 2019 were as follows:

 

 

 

September 26, 2020

 

 

December 28, 2019

 

 

 

Gross

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

Capitalized software costs

 

$

127,891

 

 

$

105,530

 

 

$

119,537

 

 

$

97,588

 

Website development costs

 

 

91,098

 

 

 

63,406

 

 

 

77,823

 

 

 

50,748

 

Trademarks

 

 

11,974

 

 

 

11,402

 

 

 

11,869

 

 

 

11,228

 

Other

 

 

14,043

 

 

 

5,062

 

 

 

14,003

 

 

 

4,637

 

Trademarks and other intangible assets

 

$

245,006

 

 

$

185,400

 

 

$

223,232

 

 

$

164,201

 

Franchise rights acquired

 

 

7,866

 

 

 

4,463

 

 

 

8,180

 

 

 

4,618

 

Total finite-lived intangible assets

 

$

252,872

 

 

$

189,863

 

 

$

231,412

 

 

$

168,819

 

Schedule of Estimated Amortization Expense of Finite-lived Intangible Assets

Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows:

 

Remainder of fiscal 2020

 

$

7,525

 

Fiscal 2021

 

$

25,100

 

Fiscal 2022

 

$

15,034

 

Fiscal 2023

 

$

4,961

 

Fiscal 2024 and thereafter

 

$

10,389