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Discontinued Operations
12 Months Ended
Dec. 30, 2014
Discontinued Operations [Abstract]  
Discontinued Operations

(16) Discontinued Operations

On June 30, 2012, the Company closed its Dallas Sullivan’s location and on July 2, 2012, the Company completed the sale of the real property to a third party. The real property sold for $1,682, net of selling related expenses, which approximated its carrying value. In connection with the closure and sale of this restaurant, the Company allocated $739 in goodwill from the Sullivan’s reporting unit to this restaurant to determine the loss on the disposition. After this allocation, the total loss on the sale of this property was $465, net of tax. The Company previously recognized a non-cash asset impairment charge of $1,400 associated with this restaurant during fiscal 2011.

 

The Company determined that this closure met the criteria for classification as discontinued operations. As a result, all historical operating results of this property are reflected within discontinued operations in the consolidated statements of comprehensive income (loss) for all periods presented. Loss from discontinued operations, net of tax is comprised of the following:

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

December 25, 2012

Revenues

$

1,505 

Loss before income tax

 

(821)

Income tax benefit

 

Loss from discontinued operations, net of income tax

$

(819)