|9 Months Ended|
Oct. 03, 2022
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Intangible Assets||Intangible Assets
The following is a summary of the components of intangible assets and the related amortization expense:
Liquor licenses are considered to have an indefinite life and reviewed for impairment at the end of each reporting period. The Company also reviews both indefinite and definite-lived intangible assets whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Intangible asset amortization expense for the three and nine months ended October 3, 2022 was $2.1 million and $6.4 million. Intangible asset amortization expense totaled $1.8 million and $5.4 million for the three and nine months ended September 30, 2021.
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef