XML 83 R90.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business and License Acquisitions 10-K (Details) (USD $)
12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended
Jun. 05, 2012
May 31, 2011
Jun. 01, 2010
May 31, 2011
As Previously Reported [Member]
Jun. 05, 2012
As Adjusted [Member]
Jun. 05, 2012
Adjustments [Member]
Jun. 05, 2012
Maximum [Member]
May 31, 2011
Maximum [Member]
Jun. 05, 2012
Minimum [Member]
May 31, 2011
Minimum [Member]
May 31, 2011
RT Utah Franchise, LLC [Member]
Jun. 05, 2012
Lime Fresh Mexican Grill [Member]
Jun. 05, 2012
Lime Fresh Mexican Grill [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
Jun. 01, 2010
Franchise Partnership Acquisitions [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Utah Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Western Missouri Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT KMCO Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Indianapolis Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Portland Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Denver Franchise, LP [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Minneapolis Franchise, LLC [Member]
Jun. 05, 2012
Franchise Partnership Acquisitions [Member]
Lime Fresh Mexican Grill [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Las Vegas Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT Long Island Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
RT New England Franchise, LLC [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
North East Acquisitions [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
Mid West and West [Member]
May 31, 2011
Franchise Partnership Acquisitions [Member]
Minneapolis and Las Vegas [Member]
May 31, 2011
Traditional Domestic Franchises [Member]
Business Acquisition [Line Items]                                                            
Number of restaurants acquired   109                       106   1             7             3
No of restaurants, from which royalty stream received                                             5              
Ownership interest (in hundredths)                               1.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%   100.00% 100.00% 100.00%        
No. of restaurants not yet open                         1                                  
Payment for marketing service                                             $ 30,000              
Payment for Training consulting service                                             26,139              
Ownership interest acquired (in hundredths)                                 50.00% 50.00% 99.00% 99.00% 99.00% 50.00%   99.00% 99.00% 50.00%        
Number Of Franchise Partnerships Acquired   11                                                   7 2  
Number of restaurants operated by franchise acquired                     6                               10 72 13  
Purchase consideration cash                               2,000,000                     200,000 500,000   1,600,000
Notes and lines of credit, net of allowances for doubtful accounts                                                 400,000     900,000    
Franchise partnerships acquired total debt                                                     24,300,000 106,600,000 18,700,000  
Franchise Partnerships Debt Payable To Acquirer                                                     1,900,000 3,800,000 900,000  
Number Of Restaurants Closed Before Acquisition Transaction                     5         5                            
Allocation Of Purchase Prices Of Acquisition [Abstract]                                                            
Property and equipment       137,075,000 137,075,000 0           2,405,000 2,405,000                                  
Trademarks                       11,100,000 11,100,000                                  
Goodwill 7,989,000 15,571,000   15,571,000 16,919,000 1,348,000           7,989,000 7,989,000                                  
Acquired franchise rights                       2,460,000 2,460,000                                  
Reacquired franchise rights       10,242,000 10,242,000 0                                                
Other intangible assets, net of liabilities       735,000 735,000 0                                                
Deferred income taxes       380,000 (548,000) (928,000)           19,000 19,000                                  
Long-term debt and capital leases       (147,005,000) (147,005,000) 0                                                
Other net liabilities       (4,536,000) (4,536,000) 0           (923,000) (923,000)                                  
Notes receivable       (1,529,000) (1,529,000) 0                                                
Net impact on Consolidated Balance Sheet       10,933,000 11,353,000 420,000           23,050,000 23,050,000                                  
Write off of previous license agreement                       1,034,000                                    
Gain on settlement of preexisting contracts, net       (4,906,000) (4,906,000) 0                                                
Gain on acquisitions       (1,770,000) (2,190,000) (420,000)                                                
Net impact on Consolidated Statement of Income       (6,676,000) (7,096,000) (420,000)           1,034,000                                    
Aggregate cash purchase price       4,257,000 4,257,000 0         2,000,000 24,084,000 24,084,000                                  
Goodwill, Net of tax   12,000,000                                                        
Amortization expense - franchise rights   10,200,000                                                        
Remaining term of the franchise operating agreements             9 years 12 years 5 years 2 years                                        
Remaining lives of leases period               33 years   1 year                                        
Operating Results For Acquired Franchise Partnerships [Abstract]                                                            
Total revenue 173,949,000 76,068,000                                                        
Cost of merchandise 49,913,000 22,349,000                                                        
Payroll and related costs 61,807,000 25,535,000                                                        
Other restaurant operating costs 36,941,000 16,499,000                                                        
Depreciation 8,409,000 3,432,000                                                        
Selling, general, and administrative, net 12,557,000 4,431,000                                                        
Total operating costs and expenses 169,627,000 72,246,000                                                        
Income before income taxes 4,322,000 3,822,000                                                        
Pro forma information [Abstract]                                                            
Total revenue                           1,375,469,000 1,379,853,000                              
Net income                           45,928,000 45,352,000                              
Basic earnings per share (in dollars per share)                           $ 0.72 $ 0.74                              
Diluted earnings per share (in dollars per share)                           $ 0.71 $ 0.73                              
Elimination of the franchises' historical intangible asset amortization expense   200,000 200,000                                                      
Elimination of RTI's franchise revenue   500,000 1,700,000                                                      
Elimination of RTI's support service fee income and marketing reimbursements   2,100,000 4,300,000                                                      
Elimination of RTI's equity in losses of unconsolidated franchises   600,000 300,000                                                      
Elimination of RTI's bad debt charges relating to notes receivable and lines of credit due from the acquired franchises   200,000 900,000                                                      
Additional amortization expense related to reacquired franchise rights   800,000 1,500,000                                                      
Additional depreciation expense related to the fair value adjustments to property and equipment   600,000 1,300,000                                                      
Reduced interest expense related to the fair value adjustments of acquired franchise debt   800,000 1,300,000                                                      
Elimination of acquisition-related expenses   200,000                                                        
Statutory tax rate (in hundredths)   39.70%                                                        
Franchises' FICA Tip and Work Opportunity Tax Credits   700,000 900,000                                                      
License Acquisitions [Abstract]                                                            
Number Of Restaurants opened during the year                         4                                  
Monthly fee for consulting services, maximum period   2 years                                                        
Monthly fee for consulting services, first year   20,833                                                        
Monthly fee for consulting services option 1, second year   10,417                                                        
Licensing option 1 to terminate future development rights, Concept restaurant openings, minimum threshold 18 or more                                                          
License option 1 for future development rights, opened concept restaurants, maximum 5 years                                                          
Licensee option 2 to terminate future development rights, opened concept restaurants 40 or more                                                          
Licensee option 2 for future development rights, maximum 10 years                                                          
Payments for consulting services $ 197,623 $ 226,041