Accounts And Notes Receivable

12 Months Ended

Aug. 31, 2016

Accounts And Notes Receivable [Abstract]

Accounts And Notes Receivable

3.  Accounts and Notes Receivable

Accounts and notes receivable consist of the following:

	August 31,
	2016		2015
Current Accounts and Notes Receivable:
Royalties and other trade receivables	$	19,994	$	19,713
Notes receivable from franchisees		5,531		996
Receivables from system funds		4,372		4,965
Other		6,507		6,977
Accounts and notes receivable, gross		36,404		32,651
Allowance for doubtful accounts and notes receivable		(967)		(1,074)
Current accounts and notes receivable, net	$	35,437	$	31,577
Noncurrent Notes Receivable:
Receivables from franchisees	$	7,170	$	5,676
Receivables from system funds		5,466		1,571
Allowance for doubtful notes receivable		(74)		(31)
Noncurrent notes receivable, net	$	12,562	$	7,216

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.  The increase in current notes receivable from franchisees is due to short-term financing for refranchised drive-ins and newly constructed drive-ins sold to franchisees.  The receivables from system funds represent transactions in the normal course of business.  The increase in noncurrent receivables from system funds relates to the BTF established in the third quarter of fiscal year 2016, as discussed in note 1 – Summary of Significant Accounting Policies.