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Goodwill and Other Intangible Assets, net
9 Months Ended
Oct. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
Goodwill
Changes in the carrying amount of goodwill by reportable segment are as follows:
U.S.
International
Market Development
Total
Balance as of January 1, 2023$678,068 $262,882 $146,958 $1,087,908 
Foreign currency impact
— 3,963 129 4,092 
Balance as of October 1, 2023$678,068 $266,845 $147,087 $1,092,000 
Other Intangible Assets, net
Other intangible assets consist of the following:
 October 1, 2023January 1, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net Amount
Gross
Carrying
Amount  
Accumulated
Amortization
Net Amount
Intangible assets with indefinite lives   
 
 
Trade names and trademarks$657,943 $— $657,943 $657,900 $— $657,900 
Intangible assets with definite lives
Franchise agreements30,389 (10,382)20,007 30,632 (9,372)21,260 
Customer relationships15,000 (6,197)8,803 15,000 (5,548)9,452 
Reacquired franchise rights (1)
390,215 (127,505)262,710 383,002 (105,526)277,476 
Website development costs— — — 6,500 (6,500)— 
Total intangible assets with definite lives435,604 (144,084)291,520 435,134 (126,946)308,188 
Total intangible assets$1,093,547 $(144,084)$949,463 $1,093,034 $(126,946)$966,088 
(1)Reacquired franchise rights include the impact of foreign currency fluctuations associated with the respective countries.
Amortization expense related to intangible assets included in depreciation and amortization expense was $7.4 million and $22.0 million for the quarter and three quarters ended October 1, 2023, respectively, and $7.1 million and $21.3 million for the quarter and three quarters ended October 2, 2022, respectively.