There have been no impairments of Goodwill for the fiscal years ended June 24, 2026, June 25, 2025 and June 26, 2024. The changes in the carrying amount of Goodwill by segment are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 24, 2026 | | June 25, 2025 | | Chili’s | | Maggiano’s | | Consolidated | | Chili’s | | Maggiano’s | | Consolidated | | Balance at beginning of year | $ | 156.3 | | | $ | 38.4 | | | $ | 194.7 | | | $ | 156.4 | | | $ | 38.4 | | | $ | 194.8 | | | Changes in Goodwill: | | | | | | | | | | | | | | | | | | | | | | | | | Foreign currency translation adjustment | (0.2) | | | — | | | (0.2) | | | (0.1) | | | — | | | (0.1) | | | Balance at end of year | $ | 156.1 | | | $ | 38.4 | | | $ | 194.5 | | | $ | 156.3 | | | $ | 38.4 | | | $ | 194.7 | |
Intangible assets, net are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 24, 2026 | | June 25, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Definite-lived intangible assets | | | | | | | | | | | | Chili’s reacquired franchise rights | $ | 25.9 | | | $ | (20.7) | | | $ | 5.2 | | | $ | 26.0 | | | $ | (18.6) | | | $ | 7.4 | | | Chili’s other | 0.4 | | | (0.4) | | | — | | | 0.4 | | | (0.4) | | | — | | | $ | 26.3 | | | $ | (21.1) | | | $ | 5.2 | | | $ | 26.4 | | | $ | (19.0) | | | $ | 7.4 | | | | | | | | | | | | | | | Indefinite-lived intangible assets | | | | | | | | | | | | | Chili’s liquor licenses | $ | 9.3 | | | | | | | $ | 9.2 | | | | | | | Maggiano’s liquor licenses | 0.8 | | | | | | | 0.8 | | | | | | | $ | 10.1 | | | | | | | $ | 10.0 | | | | | |
Amortization expenses for all definite-lived intangible assets were recorded in Depreciation and amortization in the Consolidated Statements of Comprehensive Income as follows: | | | | | | | | | | | | | | | | | | | Fiscal Years Ended | | June 24, 2026 | | June 25, 2025 | | June 26, 2024 | | Definite-lived intangibles amortization expense | $ | 2.1 | | | $ | 2.3 | | | $ | 3.0 | |
Estimated annual amortization expenses for definite-lived intangible assets for the next five years are as follows: | | | | | | | Fiscal Year | Amortization Expense | | 2027 | $ | 1.9 | | | 2028 | 0.8 | | | 2029 | 0.5 | | | 2030 | 0.5 | | | 2031 | 0.4 | |
|