XML 23 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Acquisitions [Text Block]
Acquisitions

The table below presents the allocation of the total purchase price to the fair value of assets acquired and liabilities assumed for restaurants acquired from franchisees:
 
Year Ended
 
2017
 
2016
 
2015
Restaurants acquired from franchisees

 
2

 
4

 
 
 
 
 
 
Total consideration paid, net of cash received
$

 
$
2,209

 
$
1,232

Identifiable assets acquired and liabilities assumed:
 
 
 
 
 
Properties

 
2,218

 
1,303

Acquired franchise rights

 

 
760

Other assets

 
9

 

Capital leases obligations

 

 
(438
)
Unfavorable leases

 

 
(440
)
Other liabilities

 
(18
)
 
(80
)
Total identifiable net assets

 
2,209

 
1,105

 

 

 
127

Post-closing adjustments (a)

 

 
(1,535
)
Goodwill
$

 
$

 
$
(1,408
)
_______________

(a) Post-closing adjustments in 2015 primarily represent an adjustment to the fair value of franchise rights acquired in connection with the acquisition of franchised restaurants during 2014.

On May 31, 2017, the Company also entered into the DavCo and NPC Transactions. See Note 2 for further information.