Revenue (Tables)

3 Months Ended

Apr. 01, 2018

The following table disaggregates revenue by primary geographical market and source:



	Three Months Ended
	April 1, 2018
Primary geographical markets
United States	$	359,635
Canada	16,337
International	4,592
Total revenue	$	380,564

Sources of revenue
Sales at Company-operated restaurants	$	153,649
Franchise royalty revenue	89,943
Franchise fees	7,965
Franchise rental income	50,107
Advertising funds revenue	78,900
Total revenue	$	380,564

Contract balances, assets and liabilities

The following table provides information about receivables and contract liabilities (deferred franchise fees) from contracts with customers:



	April 1, 2018
Receivables, which are included in “Accounts and notes receivable, net” (a)	$	47,762
Receivables, which are included in “Advertising funds restricted assets”	42,947
Deferred franchise fees (b)	102,761

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(a)	Includes receivables related to “Sales” and “Franchise royalty revenue and fees.”


(b)	Deferred franchise fees of $10,034 and $92,727 are included in “Accrued expenses and other current liabilities” and “Deferred franchise fees,” respectively.

Deferred franchise fee rollforward

Significant changes in deferred franchise fees are as follows:



	Three Months Ended
	April 1, 2018
Deferred franchise fees at beginning of period	$	102,492
Revenue recognized during the period	(2,688		)
New deferrals due to cash received and other	2,957
Deferred franchise fees at end of period	$	102,761

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

The following table reflects the estimated franchise fees to be recognized in the future related to performance obligations that are unsatisfied at the end of the period:



Estimate for fiscal year:
2018 (a)	$	6,281
2019	6,629
2020	5,955
2021	5,590
2022	5,388
Thereafter	72,918
	$	102,761

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(a)	Represents franchise fees expected to be recognized for the remainder of the 2018 fiscal year, which includes development-related franchise fees expected to be recognized over a duration of one year or less.