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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 6 Months Ended
Jun. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Changes in Carrying Value of Goodwill and Other Intangible Assets (in millions)
Amortizing Intangible AssetsNon-Amortizing Intangible Assets
GoodwillTrademarks
December 29, 2024$30.0 $117.2 $136.8 
Amortization(1.5)— — 
June 29, 2025$28.5 $117.2 $136.8 
Gross Carrying Value and Accumulated Amortization of Other Intangible Assets (in millions)
June 29, 2025December 29, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortizing intangible assets
Franchise agreements$28.2 $(7.6)$20.6 $28.2 $(6.5)$21.7 
Trademarks8.8 (1.5)7.3 8.8 (1.2)7.6 
Other0.9 (0.3)0.6 0.9 (0.2)0.7
$37.9 $(9.4)$28.5 $37.9 $(7.9)$30.0 
Other intangible assets consist primarily of trademarks and franchise agreements that were classified as intangible assets at the time of the brands' acquisition. Franchise agreements are amortized over the useful life of the asset. Certain trademarks are considered to have an indefinite useful life and are not amortized.
Amortization expense for the thirteen weeks ended June 29, 2025 and June 30, 2024 was $0.7 million. Amortization expense for the twenty-six weeks ended June 29, 2025 and June 30, 2024 was $1.5 million.
The expected future amortization of definite-life intangible assets by fiscal year (in millions):
Fiscal Year:
Remainder of 2025$1.5 
20262.9 
20272.9 
20282.9 
20292.9 
   Thereafter15.4 
Total$28.5