v3.24.0.1
Goodwill and Intangible Assets
 12 Months Ended
Dec. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The gross carrying amount and accumulated impairment of the Company’s goodwill balances for 2023 and 2022 are as follows:
As of
December 30, 2023		As of
December 31, 2022
In thousandsGross Carrying
Amount		Accumulated
Impairment		Gross Carrying
Amount		Accumulated
Impairment
Owned & Host Segment$736,901 $(19,357)$736,901 $(19,357)
Legacy Segment60,069 (60,069)60,069 — 
Corporate/Other8,107 (8,107)8,107 (8,107)
$805,077 $(87,533)$805,077 $(27,464)
The Owned & Host Segment’s goodwill contains $606.5 million related to America’s Best and $111.1 million related to Eyeglass World. Accumulated goodwill impairment relates to our Legacy, Fred Meyer, Military and AC Lens reporting units.
Indefinite-lived intangible assets by major asset class are as follows:
In thousandsAs of
December 30, 2023		As of
December 31, 2022
Trademarks and trade names:
America’s Best $200,547 $200,547 
Eyeglass World40,000 40,000 
$240,547 $240,547 
We intend to maintain our trademarks; renewals will take place as needed.
Finite-lived, amortizing intangible assets by major asset class are as shown in the following table. We remove assets from the table below once they are fully amortized.
As of December 30, 2023As of December 31, 2022
In thousandsGross Carrying
Amount		Accumulated
Amortization		Remaining Life
(Years)		Gross Carrying
Amount		Accumulated
Amortization		Remaining Life
(Years)
Contracts and relationships:
Legacy(1)
$345 $(247)0$65,000 $(52,080)2
Fred Meyer35,000 (14,915)1335,000 (13,389)14
Other151 (62)2897 (759)3
$35,496 $(15,224)$100,897 $(66,228)
(1)We recognized an impairment of $9.1 million on the Legacy contracts and relationships in fiscal year 2023. The gross carrying amount shown for this asset as of December 30, 2023 reflects the fair value as of the impairment testing date.
We extended our relationship with Fred Meyer in fiscal year 2022. Refer to Note 2. “Termination of Walmart Partnership” for more information on our relationship with Walmart. We intend to maintain our intangible assets. We amortized $5.3 million, $7.5 million, and $7.5 million in 2023, 2022, and 2021, respectively.
Aggregate amortization expense is included in Depreciation and amortization in the accompanying Consolidated Statements of Operations. Aggregate future estimated amortization expense is shown in the following table:
Fiscal YearIn thousands
2024$1,675 
20251,563 
20261,525 
20271,525 
20281,525 
Thereafter12,459 
$20,272