Baskin Robbins 2015 Annual Report Download - page 82

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-72-
(7) Goodwill and other intangible assets
The changes and carrying amounts of goodwill by reporting unit were as follows (in thousands):
Dunkin’ Donuts U.S. Dunkin’ Donuts International Baskin-Robbins International Total
Goodwill
Accumulated
impairment
charges
Net
Balance Goodwill
Accumulated
impairment
charges
Net
Balance Goodwill
Accumulated
impairment
charges
Net
Balance Goodwill
Accumulated
impairment
charges
Net
Balance
Balances at
December 28,
2013 $1,151,775 (270,441) 881,334 10,264 — 10,264 24,037 (24,037) — 1,186,076 (294,478) 891,598
Goodwill
acquired 1,072 — 1,072 — — — — — — 1,072 — 1,072
Goodwill
disposed or held
for sale (1,248) — (1,248) — — — — — — (1,248) — (1,248)
Effects of
foreign currency
adjustments — — — (52) — (52) — — — (52) — (52)
Balances at
December 27,
2014 1,151,599 (270,441) 881,158 10,212 — 10,212 24,037 (24,037) — 1,185,848 (294,478) 891,370
Goodwill
acquired 724 — 724 — — — — — — 724 — 724
Goodwill
disposed or held
for sale (2,413) — (2,413) — — — — — — (2,413) — (2,413)
Effects of
foreign currency
adjustments — — — (93) — (93) — — — (93) — (93)
Balances at
December 26,
2015 $1,149,910 (270,441) 879,469 10,119 — 10,119 24,037 (24,037) — 1,184,066 (294,478) 889,588
The goodwill acquired during fiscal years 2015 and 2014 is related to the acquisition and consolidation of certain company-
operated points of distribution. The goodwill disposed or held for sale during fiscal years 2015 and 2014 is related to the sale or
reclassification of goodwill to assets held for sale of certain company-operated points of distribution.
Other intangible assets at December 26, 2015 consisted of the following (in thousands):
Weighted
average
amortization
period
(years)
Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Definite-lived intangibles:
Franchise rights 20 $ 382,335 (199,374) 182,961
Favorable operating leases acquired 17 64,397 (37,173) 27,224
License rights 10 3,221 (3,168)53
Indefinite-lived intangible:
Trade names N/A 1,190,970 — 1,190,970
$ 1,640,923 (239,715) 1,401,208
Other intangible assets at December 27, 2014 consisted of the following (in thousands):
Weighted
average
amortization
period
(years)
Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Definite-lived intangibles:
Franchise rights 20 $ 382,520 (179,481) 203,039
Favorable operating leases acquired 17 67,119 (35,711) 31,408
License rights 10 6,230 (5,850) 380
Indefinite-lived intangible:
Trade names N/A 1,190,970 — 1,190,970
$ 1,646,839 (221,042) 1,425,797