Franchise Rights and Goodwill

3 Months Ended

Mar. 29, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

5. Franchise Rights and Goodwill


In Thousands	Mar. 29, 2015		Dec. 28, 2014		Mar. 30, 2014
Franchise rights	$	520,672	$	520,672	$	520,672
Goodwill		109,984		106,220		102,049

Total franchise rights and goodwill	$	630,656	$	626,892	$	622,721

During Q1 2015, the Company added $3.8 million of goodwill related to the January and February Expansion Territories. There were no additions to franchise rights due to the acquisition of new territories.

The Company’s goodwill resides entirely within the nonalcoholic beverage segment. The Company performs its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter. During Q1 2015, the Company did not experience any triggering events or changes in circumstances that indicated the carrying amounts of the Company’s franchise rights or goodwill exceeded fair values.