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Refranchisings and Acquisitions (Tables)
 6 Months Ended
Jun. 26, 2019
Refranchisings and Acquisitions [Abstract]  
Activity related to refranchising and development strategy
The following table summarizes the activity related to our current refranchising and development strategy. Gains on the sales of company restaurants and real estate are included as a component of operating (gains), losses and other charges, net in our Condensed Consolidated Statements of Income. See Note 5.

 
Quarter Ended

Two Quarters Ended
 
June 26, 2019

June 27, 2018

June 26, 2019

June 27, 2018
 
(Dollars in thousands)
Restaurants sold to franchisees
37


—


40


—

Gains on sales of company restaurants:











Cash proceeds
$
36,004


$
—


$
38,837


$
—

Notes receivable
470

 
—

 
470

 
—

Less: Property sold
(9,675
)

—


(10,225
)

—

Less: Goodwill
(925
)

—


(1,004
)

—

Less: Intangibles
(1,646
)

—

 
(1,646
)
 
—

Total gains of sales of company restaurants
$
24,228

 
$
—


$
26,432


$
—













Real estate parcels sold
3


—


4


—

Gains on sales of real estate:











Cash proceeds
$
3,850

 
$
—

 
$
8,538

 
$
—

Noncash consideration
—

 
—

 
3,000

 
—

Less: Property sold
(756
)

—


(946
)

—

Less: Other assets
(6
)
 
—

 
(6
)
 
—

Total gains on sales of real estate
$
3,088

 
$
—


$
10,586


$
—
Acquisition activity The following table summarizes our acquisition activity.

 
Quarter Ended
 
Two Quarters Ended
 
June 26, 2019
 
June 27, 2018
 
June 26, 2019
 
June 27, 2018
 
(Dollars in thousands)
Restaurants acquired from franchisees
—

 
1

 
—

 
6

Purchase price allocation:
 
 
 
 
 
 
 
Reacquired franchise rights
$
—

 
$
119

 
$
—

 
$
5,434

Property
—

 
92

 
—

 
1,121

Goodwill
—

 
—

 
—

 
1,574

Total purchase price
$
—

 
$
211

 
$
—

 
$
8,129

 
 
 
 
 
 
 
 
Financing leases recorded
$
—

 
$
—

 
$
—

 
$
2,409

 
 
 
 
 
 
 
 
Real estate parcels acquired
—

 
1

 
2

 
1

Total purchase price
$
—

 
$
1,787

 
$
4,706

 
$
1,787