GOODWILL AND INTANGIBLE ASSETS, NET

9 Months Ended

Jul. 10, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS, NET

GOODWILL AND INTANGIBLE ASSETS, NET

The changes in the carrying amount of goodwill during fiscal 2022 and 2021 were as follows (in thousands):

Balance at September 27, 2020	$	47,161
Acquisition of Jack in the Box franchise-operated restaurants	613
Balance at October 3, 2021	47,774
Acquisition of Del Taco Restaurants, Inc.	319,459
Acquisition of Jack in the Box franchise-operated restaurants	274
Balance at July 10, 2022	$	367,507

The net carrying amounts of intangible assets other than goodwill with definite lives are as follows (in thousands):

	July 10, 2022						October 3, 2021
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Sublease assets	$	2,671	$	(83)	$	2,588	$	—	$	—	$	—
Franchise contracts	9,700		(187)		9,513		—		—		—
Reacquired franchise rights	557		(114)		443		542		(72)		470
Total	$	12,928	$	(384)	$	12,544	$	542	$	(72)	$	470

The following table summarizes, as of July 10, 2022, the estimated amortization expense for each of the next five fiscal years (in thousands):

Remainder of 2022	$	198
2023	$	839
2024	$	836
2025	$	836
2026	$	835