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Restaurant Impairment, Closure Costs and Asset Disposals Restaurant Impairment, Closure Costs and Asset Disposals
3 Months Ended
Apr. 03, 2018
Property, Plant and Equipment Impairment or Disposal [Abstract]  
Restaurant Impairment, Closure Costs and Asset Disposals Restaurant Impairments, Closure Costs and Asset Disposals
The following table presents restaurant impairments, closure costs and asset disposals (in thousands):
 
Fiscal Quarter Ended
 
April 3,
2018
 
April 4,
2017
Restaurant impairments (1)
$
598

 
$
1,935

Closure costs (1)
554

 
19,886

Loss on disposal of assets and other
428

 
233

 
$
1,580

 
$
22,054


_____________________________
(1)
Restaurant impairments and closure costs in all periods presented above include amounts related to restaurants previously impaired or closed.
During the first quarter of 2018, one restaurant was identified as impaired, compared to four restaurant impairments during the first quarter of 2017. Impairment is based on management’s current assessment of the expected future cash flows of a restaurant based on recent results and other specific market factors. Impairment expense is a Level 3 fair value measure and is determined by comparing the carrying value of restaurant assets to the estimated fair market value of the restaurant assets at resale value.
The closure costs of $0.6 million recognized during the first quarter of 2018 are primarily related to the ongoing costs of restaurants closed during the first quarter of 2017, as well as ongoing costs of restaurants closed in the fourth quarter of 2015. These ongoing costs include adjustments to the liabilities to landlords as lease terminations occur. The closure costs of $19.9 million recognized during the first quarter of 2017 primarily related to the 55 restaurants closed during the first quarter of 2017 and ongoing costs of restaurants closed in the fourth quarter of 2015. These expenses are included in the “Restaurant impairments, closure costs and asset disposals” line in the Condensed Consolidated Statements of Operations.