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Goodwill
12 Months Ended
Dec. 29, 2012
Goodwill
F. Goodwill

Goodwill represents the excess of the purchase price of the Company-owned breweries over the fair value of the net assets acquired upon the completion of the acquisitions. During the first quarter of 2012, the Company acquired substantially all of the assets of Southern California Brewing Company, Inc., d/b/a Angel City Brewing Company. A portion of the purchase price was allocated to goodwill. See Note M for details on this acquisition.

The following table summarizes the Company’s changes to the carrying amount of goodwill for the fifty-two weeks ended December 29, 2012 (in thousands):

 

     Balance at
December 31,

2011
     Additions      Balance at
December 29,
2012
 

Goodwill, net

   $ 1,377       $ 1,161       $ 2,538