Current Expected Credit Losses ("CECL") (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Receivables and Allowance for Doubtful Accounts

Total receivables balances at December 31, 2022 and 2021 were as follows:


Receivables	2022		2021
	(In millions)
Accounts receivable	$	67.5	$	63.6
Gift card receivables	34.6		33.4

Notes receivable	17.2		19.7
Financing receivables:
Equipment leases receivable	26.6		33.4
Real estate leases receivable	18.5		16.7

Other receivables	5.6		7.6
	170.0		174.4
Less: allowance for doubtful accounts and notes receivable	(10.3)		(11.9)
	159.7		162.5
Less: current portion	(120.0)		(120.0)
Long-term receivables	$	39.7	$	42.5

Financing Receivable, Allowance for Credit Loss

Changes in the allowance for credit losses during the years ended December 31, 2022 and 2021 were as follows:



	Accounts Receivable		Notes receivable, short-term		Notes receivable, long-term		Lease Receivables		Equipment Receivables		Other (1)		Total
	(In millions)






Balance, December 31, 2020	$	11.2	$	3.6	$	5.3	$	0.4	$	2.3	$	0.3	$	23.1

Bad debt (credit) expense	(8.2)		1.4		1.1		0.1		0.8		(0.1)		(4.9)
Advertising provision adjustment	(1.8)		(0.3)		0.2		—		—		—		(1.9)
Write-offs	(0.2)		(0.9)		—		(0.5)		(3.0)		—		(4.6)
Recoveries	0.0		—		—		0.2		—		—		0.2
Balance, December 31, 2021	$	1.0	$	3.8	$	6.6	$	0.2	$	0.1	$	0.2	$	11.9
Bad debt (credit) expense	(0.1)		1.4		(1.1)		0.0		(0.0)		0.0		0.3
Advertising provision adjustment	0.5		(0.8)		(0.2)		—		—		—		(0.5)
Write-offs	(0.3)		(0.9)		—		(0.0)		(0.0)		(0.3)		(1.5)
Recoveries	0.1		—		—		0.0		0.0		0.0		0.1
Balance, December 31, 2022	$	1.2	$	3.5	$	5.3	$	0.2	$	0.1	$	(0.1)	$	10.3

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(1) Primarily consists of distributor receivables, gift card receivables, and credit card receivables.

Financing Receivable, Past Due

The Company's primary credit quality indicator for all portfolio segments is delinquency. The delinquency status of receivables (other than accounts receivable, gift card receivables and distributor receivables) at December 31, 2022 was as follows:



	Notes receivable, short-term		Notes receivable, long-term		Lease Receivables		Equipment Receivables		Other (1)		Total
	(In millions)
Current	$	4.9	$	10.7	$	18.5	$	26.6	$	0.0	$	60.7
30-59 days	—		—		—		—		—		—
60-89 days	—		—		—		—		—		—
90-119 days	—		—		—		—		—		—
120+ days	1.6		—		—		—		—		1.6
Total	$	6.5	$	10.7	$	18.5	$	26.6	0.0		$	62.3

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(1) Primarily consists of credit card receivables.

Financing Receivable Credit Quality Indicators

The year of origination of the Company's financing receivables at December 31, 2022 as follows:



	Notes receivable, short and long-term		Lease Receivables		Equipment Receivables		Total
	(In millions)
2022	$	1.6	$	8.5	$	—	$	10.1
2021	10.1		2.5		—		12.6
2020	0.4		1.3		—		1.7
2019	—		0.7		—		0.7
2018	—		—		—		0.0
Prior	5.1		5.5		26.6		37.2
Total	$	17.2	$	18.5	$	26.6	$	62.3