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Accounting Standards Adopted and Newly Issued Accounting Standards Not Yet Adopted - (Tables)
 9 Months Ended
Sep. 30, 2018
Accounting Changes and Error Corrections [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
Adoption of ASC 606 impacted our previously reported Consolidated Balance Sheet as follows:
 
Balance at December 31, 2017, as reported
 
Adjustments/Reclassifications Due to ASC 606 adoption
 
Balance at December 31, 2017, as adjusted
 
(In thousands)
Assets:
 
 
 
 
 
Receivables, net
$
150,174

 
$
(9,986
)
 
$
140,188

Prepaid income taxes
43,654

 
2,327

 
45,981

Long-term receivables, net
131,212

 
(4,642
)
 
126,570

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
Deferred franchise revenue (short-term)
—

 
11,001

 
11,001

Other accrued expenses
17,780

 
(1,779
)
 
16,001

Deferred franchise revenue (long-term)
—

 
70,432

 
70,432

Other non-current liabilities
23,003

 
(4,932
)
 
18,071

Deferred income taxes, net
138,177

 
(18,181
)
 
119,996

 
 
 
 
 
 
Equity:
 
 
 
 
 
Accumulated deficit
$
(1,098
)
 
$
(68,842
)
 
$
(69,940
)
Adoption of ASC 606 impacted our previously reported Consolidated Statement of Comprehensive Income (Loss) for the nine months ended September 30, 2017, as follows:
 
Nine Months ended September 30, 2017, as reported
 
Adjustments due to ASC 606 adoption
 
Nine Months ended September 30, 2017, as adjusted
 
(In thousands)
Franchise revenues (as shown separately above)
$
351,394

 
$
98,973

 
$
450,367

Franchise expenses (as shown separately above)
115,669

 
94,052

 
209,721

Income before income tax benefit
(444,303
)
 
4,921

 
(439,382
)
Income tax benefit
28,228

 
(1,496
)
 
26,732

Net loss
(416,075
)
 
3,425

 
(412,650
)
Net loss per share:
 
 
 
 
 
Basic
$
(23.09
)
 
 
 
$
(22.90
)
Diluted
$
(23.09
)
 


 
$
(22.90
)
In conjunction with its adoption of ASC 606, the Company has separated “franchise and restaurant revenues” and “franchise and restaurant expenses,” previously combined when reported in the Statement of Comprehensive Income (Loss) for the three and nine months ended September 30, 2017, into separate line items for franchise revenues/expense and company restaurant sales/expense as follows:
 
Three months ended September 30, 2017
 
Nine months ended September 30, 2017
 
(in thousands)
Franchise and restaurant revenues, as combined
$
112,347

 
$
358,912

 
 
 
 
Franchise revenues
$
112,347

 
$
351,394

Company restaurant sales
—

 
7,518

 
$
112,347

 
$
358,912

 
 
 
 
Franchise and restaurant expenses, as combined
$
41,800

 
$
123,476

 
 
 
 
Franchise expenses
41,783

 
115,669

Company restaurant expenses
17

 
$
7,807

 
$
41,800

 
$
123,476

Adoption of ASC 606 impacted our previously reported Consolidated Statement of Comprehensive Income (Loss) for the three months ended September 30, 2017, as follows:
 
Three Months ended September 30, 2017, as reported
 
Adjustments due to ASC 606 adoption
 
Three Months ended September 30, 2017, as adjusted
 
(In thousands)
Franchise revenues (as shown separately above)
$
112,347

 
$
30,232

 
$
142,579

Franchise expenses (as shown separately above)
41,783

 
28,250

 
70,033

Income before income tax benefit
(508,273
)
 
1,982

 
(506,291
)
Income tax benefit
56,555

 
(616
)
 
55,939

Net loss
(451,718
)
 
1,366

 
(450,352
)
Net loss per share:
 
 
 
 
 
Basic
$
(24.98
)
 
 
 
$
(24.91
)
Diluted
$
(24.98
)
 
 
 
$
(24.91
)