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Franchise Rights Acquired, Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jul. 02, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill For the six months ended July 2, 2022, the change in the carrying amount of goodwill was due to the Republic of Ireland franchisee and Northern Ireland franchisee acquisitions as described in Note 5, the impairment of the Company's wholly-owned subsidiary Kurbo, Inc. (“Kurbo”) as discussed below and the effect of exchange rate changes as follows:

 

 

 

North

 

 

Continental

 

 

United

 

 

 

 

 

 

 

 

 

 

 

America

 

 

Europe

 

 

Kingdom

 

 

Other

 

 

Total

 

Balance as of January 2, 2021

 

$

145,071

 

 

$

7,792

 

 

$

1,268

 

 

$

1,486

 

 

$

155,617

 

Goodwill acquired during the period

 

 

2,153

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,153

 

Effect of exchange rate changes

 

 

306

 

 

 

(606

)

 

 

(14

)

 

 

(82

)

 

 

(396

)

Balance as of January 1, 2022

 

$

147,530

 

 

$

7,186

 

 

$

1,254

 

 

$

1,404

 

 

$

157,374

 

Goodwill acquired during the period

 

 

—

 

 

 

—

 

 

 

5,936

 

 

 

—

 

 

 

5,936

 

Goodwill impairment

 

 

(1,101

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1,101

)

Effect of exchange rate changes

 

 

(805

)

 

 

(732

)

 

 

(654

)

 

 

(86

)

 

 

(2,277

)

Balance as of July 2, 2022

 

$

145,624

 

 

$

6,454

 

 

$

6,536

 

 

$

1,318

 

 

$

159,932

 

 
Schedule of Carrying Values of Finite-lived Intangible Assets

The carrying values of finite-lived intangible assets as of July 2, 2022 and January 1, 2022 were as follows:

 

 

 

July 2, 2022

 

 

January 1, 2022

 

 

 

Gross

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

Capitalized software costs

 

$

116,162

 

 

$

99,661

 

 

$

115,065

 

 

$

94,771

 

Website development costs

 

 

125,276

 

 

 

88,231

 

 

 

110,678

 

 

 

78,629

 

Trademarks

 

 

12,138

 

 

 

11,783

 

 

 

12,116

 

 

 

11,677

 

Other

 

 

13,936

 

 

 

5,846

 

 

 

14,021

 

 

 

5,677

 

Trademarks and other intangible assets

 

$

267,512

 

 

$

205,521

 

 

$

251,880

 

 

$

190,754

 

Franchise rights acquired

 

 

8,156

 

 

 

4,942

 

 

 

7,905

 

 

 

4,766

 

Total finite-lived intangible assets

 

$

275,668

 

 

$

210,463

 

 

$

259,785

 

 

$

195,520

 
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 2022

 

$

15,746

 

Fiscal 2023

 

$

24,052

 

Fiscal 2024

 

$

13,611

 

Fiscal 2025

 

$

3,112

 

Fiscal 2026

 

$

794

 

Fiscal 2027

 

$

719

 

Thereafter

 

$

7,171