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Franchise Rights (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Reconciliation of Activity for Franchise Rights

A reconciliation of the activity for franchise rights for 2017 and 2016 is as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

Beginning balance - franchise rights

 

$

533,040

 

 

$

527,540

 

Conversion from franchise rights to distribution rights

 

 

(533,040

)

 

 

-

 

2015 Asset Exchange

 

 

-

 

 

 

5,500

 

Ending balance - franchise rights

 

$

-

 

 

$

533,040