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Revenue Disclosures (Tables)
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates franchise revenue by major type for the three months ended March 31, 2020 and 2019:
 
 
Three Months Ended
 
 
 March 31,
 
 
2020
 
2019
 
 
(In thousands)
Franchise Revenue:
 
 
 
 
Royalties
 
$
67,600

 
$
78,730

Advertising fees
 
61,723

 
72,630

Pancake and waffle dry mix sales and other
 
12,848

 
14,431

Franchise and development fees
 
2,866

 
3,135

Total franchise revenue
 
$
145,037

 
$
168,926


Schedule of Changes in Deferred Revenue
Changes in the Company's contract liability for deferred franchise and development fees during the three months ended March 31, 2020 are as follows:
 
 
Deferred Franchise Revenue (short- and long-term)
 
 
(In thousands)
Balance at December 31, 2019
 
$
67,030

Recognized as revenue during the three months ended March 31, 2020
 
(2,699
)
Fees deferred during the three months ended March 31, 2020
 
1,282

Balance at March 31, 2020
 
$
65,613


Schedule of Remaining Performance Obligations
The balance of deferred revenue as of March 31, 2020 is expected to be recognized as follows:

(In thousands)
Remainder of 2020
$
6,453

2021
9,113

2022
7,480

2023
6,887

2024
6,189

Thereafter
29,491

Total
$
65,613