Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill for the fiscal years ended June 28, 2026 and June 29, 2025:


Balance as of June 30, 2024	$	833,888
Goodwill resulting from acquisitions during fiscal year 2025	10,390
Adjustments to preliminary fair values for prior year acquisitions	73
Balance as of June 29, 2025	844,351
Goodwill resulting from acquisitions during fiscal year 2026	42,886
Adjustments to preliminary fair values for prior year acquisitions	586
Balance as of June 28, 2026	$	887,823


	June 28, 2026							June 29, 2025
	Weighted average life remaining (in years)	Gross carrying amount		Accumulated amortization		Net carrying amount		Weighted average life remaining (in years)	Gross carrying amount		Accumulated amortization		Net carrying amount
Finite-lived intangible assets:
Bowlero trade name	1	$	14,870	$	(11,180)	$	3,690	2	$	14,870	$	(5,366)	$	9,504
Other acquisition trade names	2	1,890		(1,519)		371		3	2,510		(1,611)		899
Customer relationships	2	1,874		(1,583)		291		2	4,285		(3,541)		744
Management contracts	5	4,500		(605)		3,895		0	300		(300)		—
Non-compete agreements	2	3,284		(2,470)		814		3	3,724		(2,313)		1,411
PBA member, sponsor & media relationships	4	1,200		(762)		438		5	1,200		(651)		549
Other intangible assets	8	1,564		(750)		814		2	754		(519)		235
	3	29,182		(18,869)		10,313		2	27,643		(14,301)		13,342
Indefinite-lived intangible assets:
Liquor licenses		13,041		—		13,041			12,830		—		12,830
Lucky Strike trade name		8,360		—		8,360			8,360		—		8,360
Other trade names		18,890		—		18,890			11,030		—		11,030
		40,291		—		40,291			32,220		—		32,220
		$	69,473	$	(18,869)	$	50,604		$	59,863	$	(14,301)	$	45,562

The following table shows amortization expense for finite-lived intangible assets for each reporting period:


	Fiscal Year Ended
	June 28, 2026		June 29, 2025		June 30, 2024
Amortization expense	$	8,293	$	7,284	$	7,370

The estimated aggregate amortization expense for finite-lived intangibles included in intangible assets in our consolidated balance sheet for the next five fiscal years is as follows:


	2027		2028		2029		2030		2031		Thereafter
Amortization expense	$	5,528	$	1,530	$	1,187	$	972	$	802	$	294