Changes in Carrying Values of Goodwill |
For the six months ended June 29, 2019, the change in the carrying amount of goodwill was due to the effect of exchange rate changes as follows:
|
|
North |
|
|
Continental |
|
|
United |
|
|
|
|
|
|
|
|
|
|
|
America |
|
|
Europe |
|
|
Kingdom |
|
|
Other |
|
|
Total |
|
Balance as of December 29, 2018 |
|
$ |
138,156 |
|
|
$ |
7,242 |
|
|
$ |
1,178 |
|
|
$ |
5,943 |
|
|
$ |
152,519 |
|
Effect of exchange rate changes |
|
|
1,646 |
|
|
|
(144 |
) |
|
|
0 |
|
|
|
37 |
|
|
|
1,539 |
|
Balance as of June 29, 2019 |
|
$ |
139,802 |
|
|
$ |
7,098 |
|
|
$ |
1,178 |
|
|
$ |
5,980 |
|
|
$ |
154,058 |
|
|
Schedule of Finite-Lived Intangible Assets by Major Class |
The carrying values of finite-lived intangible assets as of June 29, 2019 and December 29, 2018 were as follows:
|
|
June 29, 2019 |
|
|
December 29, 2018 |
|
|
|
Gross |
|
|
|
|
|
|
Gross |
|
|
|
|
|
|
|
Carrying |
|
|
Accumulated |
|
|
Carrying |
|
|
Accumulated |
|
|
|
Amount |
|
|
Amortization |
|
|
Amount |
|
|
Amortization |
|
Capitalized software costs |
|
$ |
129,091 |
|
|
$ |
108,034 |
|
|
$ |
121,508 |
|
|
$ |
102,659 |
|
Website development costs |
|
|
113,882 |
|
|
|
86,710 |
|
|
|
105,710 |
|
|
|
77,825 |
|
Trademarks |
|
|
11,756 |
|
|
|
11,116 |
|
|
|
11,620 |
|
|
|
11,010 |
|
Other |
|
|
14,021 |
|
|
|
4,399 |
|
|
|
13,967 |
|
|
|
4,149 |
|
Trademarks and other intangible assets |
|
$ |
268,750 |
|
|
$ |
210,259 |
|
|
$ |
252,805 |
|
|
$ |
195,643 |
|
Franchise rights acquired |
|
|
8,120 |
|
|
|
4,452 |
|
|
|
8,110 |
|
|
|
4,319 |
|
Total finite-lived intangible assets |
|
$ |
276,870 |
|
|
$ |
214,711 |
|
|
$ |
260,915 |
|
|
$ |
199,962 |
|
|
Schedule of Expected Amortization Expense |
Estimated amortization expense of existing finite-lived intangible assets for the next five fiscal years and thereafter is as follows:
Remainder of fiscal 2019 |
|
$ |
12,273 |
|
Fiscal 2020 |
|
$ |
22,175 |
|
Fiscal 2021 |
|
$ |
13,046 |
|
Fiscal 2022 |
|
$ |
3,533 |
|
Fiscal 2023 and thereafter |
|
$ |
11,132 |
|
|