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Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 24, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
(In thousands)
Balance, December 25, 2019$36,832  
Reclassification from assets held for sale52  
Balance, June 24, 2020$36,884  
Other intangible assets consisted of the following:

 June 24, 2020December 25, 2019
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
 (In thousands)
Intangible assets with indefinite lives:
    
Trade names$44,087  $—  $44,087  $—  
Liquor licenses120  —  120  —  
Intangible assets with definite lives:
    
Reacquired franchise rights15,076  6,602  15,516  5,767  
Intangible assets, net$59,283  $6,602  $59,723  $5,767  

Due to the recent impact of the COVID-19 pandemic to the global economy, including but not limited to the volatility of the Company's stock price as well as that of its competitors, the negative impact on sales at company and franchised and licensed restaurants and the challenging environment for the restaurant industry generally, the Company determined that there were indicators of potential impairment of its goodwill and indefinite-lived intangible assets during the two quarters ended June 24, 2020. As such, the Company performed an impairment assessment for both goodwill and indefinite-lived intangible assets and concluded that the fair value of these assets substantially exceeded their carrying values. However, we recorded less than $0.1 million of impairment related to reacquired franchise rights during the two quarters ended June 24, 2020. See Note 9.