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REVENUE RECOGNITION
3 Months Ended
Mar. 29, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

(10)        Revenue Recognition

Deferred revenue liabilities consist primarily of franchise fees which are recognized straight-line over the life of the agreements, and area development fees which are deferred until a new restaurant is opened pursuant to the agreement.  The following table illustrates estimated revenues expected to be recognized in the future related to unsatisfied performance obligations as March 29, 2020:

​

​

​

​

​

(in thousands)

    

    

​

Fiscal Year

 

​

  

2020

​

$

83

2021

​

 

109

2022

​

 

107

2023

​

 

102

2024

​

 

93

Thereafter

​

 

474

Total

​

$

968

​

The following table reflects the change in contract liabilities between March 29, 2020 and December 29, 2019:

​

​

​

​

​

(in thousands)

​

​

​

Balance, December 29, 2019

​

$

1,318

Revenue recognized

​

​

(350)

Balance, March 29, 2020

​

$

968

​