v3.26.1
Goodwill and Intangible Assets
12 Months Ended
Dec. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
As disclosed in Note 10, the Company’s reportable segments changed during the year ended December 27, 2025 as a result of changes within the operating segments and reporting units. The Company performed quantitative impairment assessments of goodwill immediately prior to the change in reporting units and immediately after the change on its new reporting units. The Company used the relative fair value method to reallocate the goodwill to the associated reporting units impacted by the change in reporting units in the first quarter of 2025. No impairment charges were recorded during the years ended December 27, 2025, December 28, 2024, and December 30, 2023.
Changes in the carrying amount of goodwill for the years ended December 27, 2025 and December 28, 2024 are as follows:
(in thousands)MaintenancePaint, Collision & GlassPlatform ServicesTake 5Franchise BrandsAuto Glass NowTotal
Balance at December 30, 2023
$482,025 $602,031 $154,450 $— $— $— $1,238,506 
Acquisitions599 — — — — — 599 
Sale of business unit— (9,233)(13,180)— — — (22,413)
Foreign exchange(178)(8,712)(2,272)— — — (11,162)
Balance at December 28, 2024
$482,446 $584,086 $138,998 $— $— $— $1,205,530 
Resegmentation allocation(482,446)(584,086)(138,998)435,986 620,264 149,280 — 
Acquisitions— — — 5,746 — — 5,746 
Foreign exchange— — — 109 6,617 — 6,726 
Balance at December 27, 2025
$— $— $— $441,841 $626,881 $149,280 $1,218,002 
Intangible assets for the years ended December 27, 2025 and December 28, 2024 are as follows:
(in thousands)
Balance at December 27, 2025
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Definite Lived Amortizable
Franchise agreements$219,876 $(87,236)$132,640 
License agreements11,957 (8,507)3,450 
Membership agreements11,600 (9,180)2,420 
Customer relationships82,645 (23,585)59,060 
Developed technology25,764 (24,162)1,602 
Trademarks and other14,243 (13,903)340 
Total definite lived amortizable366,085 (166,573)199,512 
Indefinite-Lived
Trademarks418,337 — 418,337 
Total $784,422 $(166,573)$617,849 
Balance at December 28, 2024
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Definite Lived Amortizable
Franchise agreements$219,044 $(77,513)$141,531 
License agreements11,893 (7,132)4,761 
Membership agreements11,600 (7,673)3,927 
Customer relationships82,108 (17,224)64,884 
Developed technology25,561 (22,433)3,128 
Trademarks and other14,244 (13,696)548 
Total definite lived amortizable 364,450 (145,671)218,779 
Indefinite-Lived
Trademarks416,015 — 416,015 
Total $780,465 $(145,671)$634,794 
The weighted average amortization period for franchise agreements, license agreements, membership agreements, customer relationships, developed technology, and trademarks and other are 27 years, 13 years, 8 years, 13 years, 8 years, and 5 years, respectively.

Amortization expense was $19 million, $23 million, and $25 million for the years ended December 27, 2025, December 28, 2024, and December 30, 2023, respectively.
Amortization expense related to definite lived intangible assets for the next five years and thereafter are as follows:
(in thousands)Amount
2026$19,006 
202716,488 
202815,463 
202914,961 
203014,949 
Thereafter118,645 
Total $199,512