GOODWILL AND INTANGIBLE ASSETS, NET

6 Months Ended

Apr. 14, 2024

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 year-to-date period ended April 14, 2024 was as follows (in thousands):

	Jack in the Box		Del Taco		Total
Balance at October 1, 2023	$	136,027	$	193,959	$	329,986
Sale of Del Taco company-operated restaurants to franchisees	—		(105)		(105)
Reclassified to assets held for sale	—		(298)		(298)
Balance at April 14, 2024	$	136,027	$	193,556	$	329,583

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

	April 14, 2024						October 1, 2023
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Definite-lived intangible assets:
Sublease assets	$	2,671	$	(511)	$	2,160	$	2,671	$	(381)	$	2,290
Franchise contracts	9,895		(1,140)		8,755		9,700		(850)		8,850
Reacquired franchise rights	464		(125)		339		297		(107)		190
	$	13,030	$	(1,776)	$	11,254	$	12,668	$	(1,338)	$	11,330
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 April 14, 2024, the estimated amortization expense for each of the next five fiscal years and thereafter (in thousands):

Remainder of 2024	$	444
2025	861
2026	838
2027	842
2028	782
Thereafter	7,487
	$	11,254