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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amounts of Goodwill | The following table reflects the changes in carrying amount of goodwill:
| (In thousands)
Balance, December 29, 2021 | $ | 36,884 |
Addition related to the acquisition of Keke's | 35,213 |
Addition related to the acquisition of a Denny's franchise unit | 643 |
Balance, September 28, 2022 | 72,740 |
Schedule of Indefinite-Lived Intangible Assets | Intangible assets consisted of the following:
| September 28, 2022 |  | December 29, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
| (In thousands)
Intangible assets with indefinite lives: |  |  |  |  |  |  |
Trade names (1) | $ | 79,687 |  |  | $ | — |  |  | $ | 44,087 |  |  | $ | — |
Liquor licenses | 120 |  |  | — |  |  | 120 |  |  | — |
Intangible assets with definite lives: |  |  |  |  |  |  |
Reacquired franchise rights | 11,801 |  |  | 6,739 |  |  | 12,218 |  |  | 6,199 |
Franchise agreements (1) | 10,700 |  |  | 104 |  |  | — |  |  | — |
Intangible assets, net | $ | 102,308 |  |  | $ | 6,843 |  |  | $ | 56,425 |  |  | $ | 6,199 |
(1) The increases in trade names and franchise agreements is a result of the Keke's acquisition. See Note 3 for details on the Keke's acquisition.
Schedule of Finite-Lived Intangible Assets | Intangible assets consisted of the following:
| September 28, 2022 |  | December 29, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
| (In thousands)
Intangible assets with indefinite lives: |  |  |  |  |  |  |
Trade names (1) | $ | 79,687 |  |  | $ | — |  |  | $ | 44,087 |  |  | $ | — |
Liquor licenses | 120 |  |  | — |  |  | 120 |  |  | — |
Intangible assets with definite lives: |  |  |  |  |  |  |
Reacquired franchise rights | 11,801 |  |  | 6,739 |  |  | 12,218 |  |  | 6,199 |
Franchise agreements (1) | 10,700 |  |  | 104 |  |  | — |  |  | — |
Intangible assets, net | $ | 102,308 |  |  | $ | 6,843 |  |  | $ | 56,425 |  |  | $ | 6,199 |
(1) The increases in trade names and franchise agreements is a result of the Keke's acquisition. See Note 3 for details on the Keke's acquisition.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | As of September 28, 2022, estimated amortization expense for intangible assets with definite lives in the next five years is as follows:
| (In thousands)
Remainder of 2022 | $ | 429 |
2023 | 1,536 |
2024 | 1,466 |
2025 | 1,410 |
2026 | 1,242 |

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