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Accounts And Notes Receivable
 9 Months Ended
May 31, 2013
Accounts And Notes Receivable [Abstract]  
Accounts And Notes Receivable

6.   Accounts and Notes Receivable

 

Accounts and notes receivable consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

May 31,

 

August 31,

 

 

2013

 

2012

Current Accounts and Notes Receivable:

 

 

 

 

 

 

Royalties and other trade receivables

 

$
17,664 

 

$
17,030 

Notes receivable from franchisees

 

 
4,656 

 

 
1,304 

Notes receivable from advertising funds

 

 
7,825 

 

 
4,825 

Other

 

 
4,436 

 

 
6,109 

Accounts and notes receivable, gross

 

 
34,581 

 

 
29,268 

Allowance for doubtful accounts and notes receivable

 

 
(2,102)

 

 
(2,195)

Accounts and notes receivable, net

 

$
32,479 

 

$
27,073 

Noncurrent Notes Receivable:

 

 

 

 

 

 

Notes receivable from franchisees

 

$
5,926 

 

$
5,286 

Notes receivable from advertising funds

 

 
6,495 

 

 
7,152 

Allowance for doubtful notes receivable

 

 
(808)

 

 
(797)

Notes receivable, net

 

$
11,613 

 

$
11,641 

 

The Company’s receivables are primarily due from franchisees, all of whom are in the restaurant business.  Substantially all of the notes receivable from franchisees are collateralized by real estate or equipment.  During fiscal year 2013, notes receivable from franchisees increased as a result of the franchisee-exercised option discussed in note 7 – Other Operating Income.  The notes receivable from advertising funds represent transactions in the normal course of business.