Contract Liabilities

6 Months Ended

Jun. 17, 2018

Revenue from Contract with Customer [Abstract]

Contract Liabilities

2. Contract Liabilities

Contract liabilities consist of deferred franchise fees and deferred development fees. Changes in deferred franchise fees and deferred development fees for the two fiscal quarters of 2018 were as follows:

	Two Fiscal Quarters Ended
(In thousands)	June 17, 2018
Deferred franchise fees and deferred development fees at beginning of period	$	19,404
Revenue recognized during the period		(2,325	)
New deferrals due to cash received and other		3,239
Deferred franchise fees and deferred development fees at end of period	$	20,318