Company: RRGB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001171759-25-000012
Chunk: 96

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 96
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 million in 2024, $63.8 million in fiscal 2023, and $73.7 million in fiscal 2022.

6. Intangible AssetsThe following table presents intangible assets as of December 29, 2024 and December 31, 2023 (in thousands):December 29, 2024December 31, 2023GrossCarryingAmountAccumulatedAmortizationNetCarryingAmountGrossCarryingAmountAccumulatedAmortizationNetCarryingAmountIntangible assets subject to amortization:Franchise rights$46,091 $(41,647)$4,444 $46,863 $(39,777)$7,087 Leasehold interests12,867 (10,906)1,961 13,001 (10,503)2,498 Liquor licenses and other9,596 (9,419)177 9,632 (9,393)239 $68,554 $(61,972)$6,582 $69,496 $(59,673)$9,824 Indefinite-lived intangible assets:Liquor licenses and other$4,482 $— $4,482 $5,667 $— $5,667 Intangible assets, net$73,036 $(61,972)$11,064 $75,163 $(59,673)$15,491 The aggregate amortization expense related to intangible assets subject to amortization for fiscal 2024, 2023, and 2022 was $2.3 million, $2.4 million, and $2.5 million.The estimated aggregate future amortization expense as of December 29, 2024 is as follows (in thousands):2025$1,816 20261,456 20271,092 2028665 2029346 Thereafter1,207 $6,582 

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7. Accrued Payroll and Payroll-Related Liabilities, and Accrued Liabilities and Other Current LiabilitiesAccrued payroll and payroll-related liabilities consist of the following at December 29, 2024 and December 31, 2023 (in thousands):December 29, 2024December 31, 2023Payroll and payroll-related taxes$18,438 $9,484 Workers compensation insurance6,459