Goodwill and Other Intangible Assets (Tables)

4 Months Ended

Apr. 21, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Goodwill and Other Intangible Assets

The table below summarizes our goodwill and other intangible assets at April 21, 2018 and December 30, 2017, respectively, each of which is explained in additional detail below (amounts in thousands):

	April 21, 2018		December 30, 2017
Goodwill	$	464,777	$	464,777
Amortizable intangible assets, net of amortization		527,875		535,842
Indefinite-lived intangible assets		206,600		206,600
Total goodwill and other intangible assets	$	1,199,252	$	1,207,219

Amortizable Intangible Assets

As of April 21, 2018 and December 30, 2017, respectively, the company had the following amounts related to amortizable intangible assets (amounts in thousands):

	April 21, 2018						December 30, 2017
Asset	Cost		Accumulated Amortization		Net Value		Cost		Accumulated Amortization		Net Value
Trademarks	$	371,392	$	37,792	$	333,600	$	371,392	$	34,716	$	336,676
Customer relationships		281,621		89,087		192,534		281,621		84,280		197,341
Non-compete agreements		4,874		4,874		—		4,874		4,874		—
Distributor relationships		4,123		2,382		1,741		4,123		2,298		1,825
Total	$	662,010	$	134,135	$	527,875	$	662,010	$	126,168	$	535,842

Aggregate Amortization Expense

Aggregate amortization expense for the sixteen weeks ended April 21, 2018 and April 22, 2017 was as follows (amounts in thousands):

	Amortization Expense
For the sixteen weeks ended April 21, 2018	$	7,967
For the sixteen weeks ended April 22, 2017	$	8,555

Estimated Amortization of Intangibles

Estimated amortization of intangibles for each of the next five years is as follows (amounts in thousands):

	Amortization of Intangibles
Remainder of 2018	$	17,818
2019	$	25,288
2020	$	24,795
2021	$	24,234
2022	$	23,643