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Impairment of Long-Lived Assets
3 Months Ended
Mar. 29, 2020
Asset Impairment Charges [Abstract]  
Impairment of Long-Lived Assets Impairment of Long-Lived Assets

The adverse impacts of the COVID-19 pandemic resulted in the Company testing its Company-operated restaurant long-lived assets for recoverability. As a result of this analysis, the Company recorded impairment charges due to the expected deterioration in operating performance of certain Company-operated restaurants. Additional impairment charges may be recognized by the Company as a result of further deterioration in operating performance of Company-operated restaurants. The Company also recorded impairment charges as a result of closing Company-operated restaurants and classifying such surplus properties as held for sale.

The following is a summary of impairment losses recorded, which represent the excess of the carrying amount over the fair value of the affected assets and are included in “Impairment of long-lived assets:”
 
Three Months Ended
 
March 29,
2020
 
March 31,
2019
Company-operated restaurants
$
4,395

 
$
201

Surplus properties
192

 
1,285

 
$
4,587

 
$
1,486