Goodwill and Other Intangible Assets, net (Tables)

3 Months Ended

Mar. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment are as follows:


	U.S.		International		Market Development		Total
Balance as of December 29, 2024	$	652,784	$	283,018	$	111,779	$	1,047,581


Adjustments related to deferred taxes	(516)		—		—		(516)
Foreign currency impact	—		5,571		—		5,571
Balance as of March 30, 2025	$	652,268	$	288,589	$	111,779	$	1,052,636

Schedule of Indefinite-Lived Intangible Assets

Other intangible assets consist of the following:


	March 30, 2025						December 29, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Amount		Gross Carrying Amount		Accumulated Amortization		Net Amount
Intangible assets with indefinite lives
Trade names and trademarks	$	553,400	$	—	$	553,400	$	553,400	$	—	$	553,400
Intangible assets with definite lives
Franchise agreements	27,154		(11,377)		15,777		27,154		(11,050)		16,104
Customer relationships	15,000		(7,494)		7,506		15,000		(7,277)		7,723
Reacquired franchise rights (1)	406,520		(169,334)		237,186		402,894		(160,187)		242,707

Total intangible assets with definite lives	448,674		(188,205)		260,469		445,048		(178,514)		266,534
Total intangible assets	$	1,002,074	$	(188,205)	$	813,869	$	998,448	$	(178,514)	$	819,934

Schedule of Finite-Lived Intangible Assets

Other intangible assets consist of the following:


	March 30, 2025						December 29, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Amount		Gross Carrying Amount		Accumulated Amortization		Net Amount
Intangible assets with indefinite lives
Trade names and trademarks	$	553,400	$	—	$	553,400	$	553,400	$	—	$	553,400
Intangible assets with definite lives
Franchise agreements	27,154		(11,377)		15,777		27,154		(11,050)		16,104
Customer relationships	15,000		(7,494)		7,506		15,000		(7,277)		7,723
Reacquired franchise rights (1)	406,520		(169,334)		237,186		402,894		(160,187)		242,707

Total intangible assets with definite lives	448,674		(188,205)		260,469		445,048		(178,514)		266,534
Total intangible assets	$	1,002,074	$	(188,205)	$	813,869	$	998,448	$	(178,514)	$	819,934

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details

Krispy Kreme, Inc. 10-Q