XML 36 R25.htm IDEA: XBRL DOCUMENT v3.19.1
Summary of Refranchising and Franchise Acquisitions (Tables)
3 Months Ended
Mar. 26, 2019
Franchise Acquisitions [Abstract]  
Summary of refranchising [Table Text Block]
The following table summarizes the related net loss recognized during the twelve weeks ended March 26, 2019 (dollars in thousands):
 
 
12 Weeks Ended
March 26, 2019
Company-operated restaurants sold to franchisees
 
13

 
 
 
Proceeds from the sale of company-operated restaurants
 
$
2,090

Net assets sold (primarily furniture, fixtures and equipment) (a)
 
(2,051
)
Goodwill related to the company-operated restaurants sold to franchisees
 
(83
)
Allocation to deferred franchise fees
 
(281
)
Favorable sublease assets, net
 
260

Loss on sale of company-operated restaurants (b)
 
$
(65
)

(a) Included in assets held for sale at January 1, 2019.
(b) Included in loss on disposal of assets, net on the consolidated statements of comprehensive income.
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table provides detail of the combined acquisitions for the twelve weeks ended March 26, 2019 (dollars in thousands):
 
 
March 26, 2019
Franchise-operated restaurants acquired from franchisees
 
3
 
 
 
Goodwill
 
$
2,672

Restaurant and other equipment and leasehold improvements
 
578

Operating lease right-of-use assets
 
858

Operating lease liabilities
 
(858
)
Unfavorable lease liabilities
 
(130
)
Total consideration
 
$
3,120

The unfavorable lease liability of $0.1 million was recorded as an adjustment to the respective operating lease right-of-use asset.