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Property and Equipment, Intangible Assets and Goodwill (Tables)
6 Months Ended
Mar. 15, 2017
Property, Plant and Equipment [Abstract]  
Property Equipment Intangible Assets and Goodwill Disclosure
The costs, net of impairment, and accumulated depreciation of property and equipment at March 15, 2017 and August 31, 2016, together with the related estimated useful lives used in computing depreciation and amortization, were as follows:
 
 
March 15,
2017
 
August 31,
2016
 
Estimated
Useful Lives
(years)
 
(In thousands)
 
 
 
 
 
 
Land
$
61,940

 
$
61,940

 
 
 
 
 
Restaurant equipment and furnishings
73,764

 
75,764

 
3
 
to
 
15
Buildings
158,811

 
157,006

 
20
 
to
 
33
Leasehold and leasehold improvements
27,025

 
25,973

 
Lesser of lease term or estimated useful life
Office furniture and equipment
3,634

 
3,277

 
3
 
to
 
10
Construction in progress
934

 
145

 
 
 
 
 
 
326,108

 
324,105

 
 
 
 
 
 
Less accumulated depreciation and amortization
(141,041
)
 
(130,887
)
 
 
 
 
 
 
Property and equipment, net
$
185,067

 
$
193,218

 
 
 
 
 
 
Intangible assets, net
$
20,298

 
$
21,074

 
15
 
to
 
21
Schedule of Intangible Assets and Goodwill
The following table presents intangible assets as of March 15, 2017 and August 31, 2016:
 
 
March 15, 2017
 
August 31, 2016
 
(In thousands)
 
(In thousands)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible Assets Subject to Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fuddruckers trade name and franchise agreements
$
29,486

 
$
(9,294
)
 
$
20,192

 
$
29,486

 
$
(8,535
)
 
$
20,951

 
 
 
 
 
 
 
 
 
 
 
 
Cheeseburger in Paradise trade name and license agreements
$
421

 
$
(315
)
 
$
106

 
$
421

 
$
(298
)
 
$
123

 
 
 
 
 
 
 
 
 
 
 
 
Intangible assets, net
$
29,907

 
$
(9,609
)
 
$
20,298

 
$
29,907

 
$
(8,833
)
 
$
21,074