Annual report pursuant to Section 13 and 15(d)

Intangible Assets

v3.20.4
Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets . Intangible Assets
The following summarizes the balances of identifiable intangible assets as of December 31, 2020 and December 26, 2019 (in thousands):
December 31,
2020
December 26,
2019
Estimated
Useful Lives
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Amortizable intangible asset:
Vendor relationships 10 years $ 319  $ (319) $ 319  $ (289)
Indefinite-lived intangible asset:
Trade names 109,269  —  109,269  — 
Total $ 109,588  $ (319) $ 109,588  $ (289)
Amortization expense related to amortizable intangible assets for the fiscal years ended December 31, 2020, December 26, 2019 and December 27, 2018, was $30 thousand, $31 thousand, and $32 thousand, respectively.