Assets Held for Sale

9 Months Ended

Oct. 02, 2011

Assets Held for Sale [Abstract]

Assets Held for Sale

 

I.    ASSETS HELD FOR SALE

As of October 2, 2011, the $4.0 million shown in assets held for sale on the unaudited interim consolidated balance sheet consisted of the assets related to seven restaurants closed in the fourth quarter of 2010, four liquor licenses from restaurants closed in the fourth quarter of 2010, assets related to a site previously subleased which the Company no longer intends to sublease and assets related to a site the Company no longer plans to utilize.  The Company ceases recognizing depreciation expense for all assets that are being held for sale.