XML 43 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Reportable Segments (Tables)
 12 Months Ended
Aug. 29, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table on the following page shows financial information as required by ASC 280 for segment reporting. ASC 280 requires depreciation and amortization be disclosed for each reportable segment, even if not used by the chief operating decision maker. The table also lists total assets for each reportable segment. Corporate assets include cash and cash equivalents, tax refunds receivable, property and equipment, assets related to discontinued operations, property held for sale, deferred tax assets, and prepaid expenses.

 
Fiscal Year Ended
 
August 29, 2018
 
August 30, 2017
 
August 31, 2016
 
(In thousands)
Sales:
 
 
 
 
 
Company-owned restaurants(1)
$
333,049

 
$
351,365

 
$
378,694

Culinary contract services
25,782

 
17,943

 
16,695

Franchise operations
6,365

 
6,723

 
7,250

Total
$
365,196

 
$
376,031

 
$
402,639

Segment level profit:
 
 
 
 
 
Company-owned restaurants
$
31,648

 
$
42,943

 
$
55,419

Culinary contract services
1,621

 
2,169

 
1,740

Franchise operations
4,837

 
4,990

 
5,373

Total
$
38,106

 
$
50,102

 
$
62,532

Depreciation and amortization:
 
 
 
 
 
Company-owned restaurants
$
14,741

 
$
16,948

 
$
18,181

Culinary contract services
71

 
64

 
103

Franchise operations
769

 
770

 
784

Corporate
1,872

 
2,656

 
2,821

Total
$
17,453

 
$
20,438

 
$
21,889

Total assets:
 
 
 
 
 
Company-owned restaurants(2)
$
151,511

 
$
189,990

 
$
211,182

Culinary contract services
4,569

 
3,342

 
3,390

Franchise operations (3)
10,982

 
11,325

 
12,266

Corporate
32,927

 
21,800

 
25,387

Total
$
199,989

 
$
226,457

 
$
252,225

Capital expenditures:
 
 
 
 
 
Company-owned restaurants
$
11,109

 
$
11,374

 
$
17,258

Culinary contract services
235

 
3

 
28

Corporate
1,903

 
1,125

 
967

Total
$
13,247

 
$
12,502

 
$
18,253

Loss before income taxes and discontinued operations:
 
 
 
 
 
Segment level profit
$
38,106

 
$
50,102

 
$
62,532

Opening costs
(554
)
 
(492
)
 
(787
)
Depreciation and amortization
(17,453
)
 
(20,438
)
 
(21,889
)
Selling, general and administrative expenses
(38,725
)
 
(37,878
)
 
(42,422
)
Provision for asset impairments and restaurant closings
(8,917
)
 
(10,567
)
 
(1,442
)
Net gain on disposition of property and equipment
5,357

 
1,804

 
684

Interest income
12

 
8

 
4

Interest expense
(3,348
)
 
(2,443
)
 
(2,247
)
Other income (expense), net
298

 
(454
)
 
186

Total
$
(25,224
)
 
$
(20,358
)
 
$
(5,381
)
(1) Includes vending revenue of $531 thousand, $547 thousand, and $583 thousand for the years ended August 29, 2018, August 30, 2017, and August 31, 2016, respectively. 
(2) Company-owned restaurants segment includes $8.4 million of Fuddruckers trade name, Cheeseburger in Paradise liquor licenses, and Jimmy Buffett intangibles.
(3) Franchise operations segment includes approximately $9.9 million in royalty intangibles.