XML 92 R26.htm IDEA: XBRL DOCUMENT v3.19.3
Summary of Refranchising, Assets Held for Sale and Franchise Acquisitions (Tables)
8 Months Ended
Sep. 10, 2019
Franchise Acquisitions [Abstract]  
Summary of refranchising [Table Text Block]
The following table summarizes the related net loss recognized during the thirty-six weeks ended September 10, 2019 (dollars in thousands):
 
 
36 Weeks Ended
September 10, 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 (b)
 
260

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

(a) Included in assets held for sale at January 1, 2019.
(b) Comprised of favorable sublease assets of $1.0 million and unfavorable lease liabilities of $0.7 million.
(c) Included in loss on disposal of assets and adjustments to assets held for sale, net on the consolidated statements of comprehensive (loss) income.
Assets Held For Sale [Table Text Block]
Assets held for sale at September 10, 2019 and January 1, 2019 consisted of the following (in thousands):
 
 
September 10, 2019
 
January 1, 2019
Other property and equipment held for sale
 
$
7,401

 
$
2,023

Goodwill
 
6,859

 

Assets held for sale and leaseback
 

 
12,771

Assets held for sale
 
$
14,260

 
$
14,794

Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table provides detail of the combined acquisitions for the thirty-six weeks ended September 10, 2019 and September 11, 2018 (dollars in thousands):
 
12 Weeks Ended
 
36 Weeks Ended
 
September 10, 2019
 
September 11, 2018
 
September 10, 2019
 
September 11, 2018
Franchise-operated restaurants acquired from franchisees
1
 
4
 
4
 
4
 
 
 
 
 
 
 
 
Goodwill
$
1,630

 
$
893

 
$
4,302

 
$
893

Restaurant and other equipment and leasehold improvements
82

 
798

 
660

 
798

Reacquired franchise rights

 
150

 

 
150

Operating lease right-of-use assets
1,148

 

 
2,006

 

Operating lease liabilities
(1,148
)
 

 
(2,006
)
 

Unfavorable lease liabilities (a)

 

 
(130
)
 

Total consideration
$
1,712

 
$
1,841

 
$
4,832

 
$
1,841

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