XML 24 R22.htm IDEA: XBRL DOCUMENT v3.19.3
Revenue Disclosures (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates franchise revenue by major type for the three and nine months ended September 30, 2019 and 2018:
 
 
Three Months Ended
 
Nine Months Ended
 
 
 September 30,
 
 September 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
(In thousands)
Franchise Revenue:
 
 

 
 

 
 
 
 
Royalties
 
$
72,506

 
$
75,910

 
$
226,888

 
$
229,162

Advertising fees
 
67,514

 
71,016

 
211,882

 
193,557

Pancake and waffle dry mix sales and other
 
13,201

 
12,541

 
40,158

 
37,809

Franchise and development fees
 
2,979

 
2,611

 
8,866

 
8,804

Total franchise revenue
 
$
156,200

 
$
162,078

 
$
487,794

 
$
469,332


Schedule of Changes in Deferred Revenue

Changes in the Company's contract liability for deferred franchise and development fees during the nine months ended September 30, 2019 are as follows:
 
 
Deferred Franchise Revenue (short- and long-term)
 
 
(In thousands)
Balance at December 31, 2018
 
$
74,695

Recognized as revenue during the nine months ended September 30, 2019
 
(8,385
)
Fees deferred during the nine months ended September 30, 2019
 
2,015

Balance at September 30, 2019
 
$
68,325


Schedule of Remaining Performance Obligations
The balance of deferred revenue as of September 30, 2019 is expected to be recognized as follows:

(In thousands)
Remainder of 2019
$
2,250

2020
10,197

2021
7,832

2022
7,310

2023
6,739

2024
6,050

Thereafter
27,947

Total
$
68,325