v3.26.3
Intangibles, Net
9 Months Ended
Sep. 27, 2026
Intangibles, Net  
Intangibles, Net

Note 3 – Intangibles, Net

Intangibles, net consists of the following (in thousands):

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​

​

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September 27,

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December 28,

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  ​ ​ ​

2026

  ​ ​ ​

2025

Indefinite-lived intangible assets

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​

​

​

​

​

Tradenames

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$

130,200

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$

130,200

Finite-lived intangible assets

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​

​

​

​

​

Franchise agreements

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​

800

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​

800

Other finite-lived intangible assets

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​

342

​

​

335

Total finite-lived intangible assets

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​

1,142

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​

1,135

Less: accumulated amortization

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(2,427)

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(2,347)

Total intangibles, net

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$

128,915

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$

128,988

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Intangible assets consist of the indefinite-lived “Benihana”, “Kona Grill” and “RA” trade names and other finite-lived intangible assets that are amortized using the straight-line method over their estimated useful life of 5 to 15 years. The amortization expense was less than $0.1 million and $0.1 million for the three and nine periods ended September 27, 2026, respectively, and nominal for the three and nine periods ended September 28, 2025. The Company’s estimated aggregate amortization expense for each of the five succeeding fiscal years is $0.1 million annually.

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