Franchise Rights and Goodwill

12 Months Ended

Jan. 03, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Franchise Rights and Goodwill

7. Franchise Rights and Goodwill

	Jan. 3,		Dec. 28,
In Thousands	2016		2014
Franchise rights	$	527,540	$	520,672
Goodwill		117,954		106,220
Total franchise rights and goodwill	$	645,494	$	626,892

A reconciliation of the activity for franchise rights and goodwill for 2014 and 2015 follows:

In Thousands	Franchise rights		Goodwill		Total
Balance on December 29, 2013	$	520,672	$	102,049	$	622,721
2014 Expansion Territories		0		4,171		4,171
Balance on December 28, 2014	$	520,672	$	106,220	$	626,892
2015 Expansion Territories		0		11,418		11,418
2015 Asset Exchange		6,868		316		7,184
Balance on January 3, 2016	$	527,540	$	117,954	$	645,494

The Company’s goodwill resides entirely within the Nonalcoholic Beverages segment. The Company performed its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter of 2015, 2014 and 2013 and determined there was no impairment of the carrying value of these assets. There has been no impairment of franchise rights or goodwill.