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Acquisitions
12 Months Ended
Dec. 29, 2019
Business Combinations [Abstract]  
Acquisitions Acquisitions

During 2019 and 2018, the Company acquired five restaurants and 16 restaurants from franchisees, respectively. The Company did not incur any material acquisition-related costs associated with the acquisitions and such transactions were not significant to our consolidated financial statements. 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
 
2019
 
2018 (a)
 
2017
Restaurants acquired from franchisees
5

 
16

 

 
 
 
 
 
 
Total consideration paid, net of cash received
$
5,052

 
$
21,401

 
$

Identifiable assets acquired and liabilities assumed:
 
 
 
 
 
Properties
666

 
4,363

 

Acquired franchise rights
1,354

 
10,127

 

Finance lease assets
5,350

 
5,360

 

Other assets

 
621

 

Finance lease liabilities
(4,084
)
 
(3,135
)
 

Unfavorable leases

 
(733
)
 

Other
(2,316
)
 
(2,240
)
 

Total identifiable net assets
970

 
14,363

 

Goodwill
$
4,082

 
$
7,038

 
$

_______________

(a) The fair values of the identifiable intangible assets related to restaurants acquired in 2018 were provisional amounts as of December 30, 2018, pending final purchase accounting adjustments. The Company finalized the purchase price allocation during the three months ended March 31, 2019, which resulted in a decrease in the fair value of acquired franchise rights of $2,989 and an increase in deferred tax assets of $140.

On May 31, 2017, the Company also entered into the DavCo and NPC Transactions. See Note 3 for further information.