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Goodwill and Intangible Assets
12 Months Ended
Dec. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
     
The following table reflects the changes in carrying amounts of goodwill:
 
 December 30, 2020December 25, 2019
 (In thousands)
Balance, beginning of year$36,832 $39,781 
Adjustments related to the sale of restaurants52 (2,949)
Balance, end of year$36,884 $36,832 
 
Intangible assets consist of the following:
 
 December 30, 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 rights12,218 4,866 15,516 5,767 
Intangible assets$56,425 $4,866 $59,723 $5,767 
 
The weighted-average life of the reacquired franchise rights is approximately eight years. The amortization expense for definite-lived intangibles for 2020, 2019 and 2018 was $3.0 million, $3.6 million and $4.1 million, respectively. Estimated amortization expense for intangible assets with definite lives in the next five years is as follows:
 
 (In thousands)
2021$1,333 
20221,226 
2023902 
2024832 
2025776 
 
Due to the 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 year ended December 30, 2020. As such, the Company performed impairment assessments 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 approximately $0.1 million of impairment related to reacquired franchise rights during the year ended December 30, 2020. See Note 14.

We updated our impairment assessments as of December 30, 2020 to perform our annual impairment tests and determined that none of the recorded goodwill or other intangible assets with indefinite lives were impaired.