Goodwill And Intangible Assets

12 Months Ended

Oct. 01, 2023

GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying amount of goodwill during fiscal 2023 and 2022 were as follows (in thousands):


	Jack in the Box		Del Taco		Total
Balance at October 3, 2021	$	47,774	$	—	$	47,774
Acquisition of Del Taco Restaurants, Inc.	89,000		230,722		319,722
Acquisition of Jack in the Box franchise-operated restaurants	273		—		273
Sale of Jack in the Box company-operated restaurants to franchisees	(948)		—		(948)
Balance at October 2, 2022	136,099		230,722		366,821
Sale of Del Taco company-operated restaurants to franchisees	—		(35,472)		(35,472)
Sale of Jack in the Box company-operated restaurants to franchisees	(72)		—		(72)
Reclassified to assets held for sale	—		(1,291)		(1,291)
Balance at October 1, 2023	$	136,027	$	193,959	$	329,986

The net carrying amounts of intangible assets are as follows (in thousands):


	October 1, 2023						October 2, 2022
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Definite-lived intangible assets:
Sublease assets	$	2,671	$	(381)	$	2,290	$	2,671	$	(139)	$	2,532
Franchise contracts	9,700		(850)		8,850		9,700		(311)		9,389
Reacquired franchise rights	297		(107)		190		530		(127)		403
	$	12,668	$	(1,338)	$	11,330	$	12,901	$	(577)	$	12,324
Indefinite-lived intangible assets:
Del Taco trademark	$	283,500	$	—	$	283,500	$	283,500	$	—	$	283,500
	$	283,500	$	—	$	283,500	$	283,500	$	—	$	283,500

The following table summarizes, as of October 1, 2023, the estimated amortization expense for each of the next five fiscal years (in thousands):