v3.24.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
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)
Schedule of Indefinite-Lived Intangible Assets
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 
Schedule of Amortizing Finite-Lived Intangible Assets
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.
Schedule of Aggregate Future Estimated Amortization Expense 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