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Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Rental revenues $ 105,939 $ 120,666 $ 121,934
Total revenues 689,268 910,178 780,931
Cost of revenues:      
Total franchise expenses 238,972 312,754 330,619
Company restaurant expenses 111,550 123,272 5,872
Interest expense from finance leases 4,563 5,602 6,894
Other rental expenses 84,939 85,157 83,862
Total rental expenses 89,502 90,759 90,756
Financing expenses 528 579 597
Total cost of revenues 440,552 527,364 427,844
Gross profit 248,716 382,814 353,087
General and administrative expenses 144,791 162,815 166,683
Impairment and closure charges 132,620 1,487 2,107
Interest expense, net 66,895 60,393 61,686
Amortization of intangible assets 10,903 11,702 10,105
Loss on extinguishment of debt 0 8,276 0
Debt refinancing costs 0 0 2,523
Loss (gain) on disposition of assets 2,069 (332) (625)
(Loss) income before income tax benefit (provision) (108,562) 138,473 110,608
Income tax benefit (provision) 4,568 (34,127) (30,254)
Net (loss) income (103,994) 104,346 80,354
Other comprehensive (loss) income, net of tax:      
Adjustment to unrealized loss on available-for-sale investments 0 0 50
Foreign currency translation adjustment 3 2 (5)
Total comprehensive (loss) income (103,991) 104,348 80,399
Net (loss) income available to common stockholders:      
Net (loss) income (103,994) 104,346 80,354
Less: Net income allocated to unvested participating restricted stock (420) (3,532) (2,711)
Net (loss) income available to common stockholders $ (104,414) $ 100,814 $ 77,643
Net (loss) income available to common stockholders per share:      
Basic (in dollars per share) $ (6.43) $ 5.95 $ 4.43
Diluted (in dollars per share) $ (6.43) $ 5.85 $ 4.37
Weighted average shares outstanding:      
Basic (in shares) 16,230 16,934 17,533
Diluted (in shares) 16,230 17,245 17,789
Franchisor      
Revenues:      
Revenue from contract with customer, excluding assessed tax $ 469,453 $ 651,186 $ 643,934
Franchisor - Royalties, franchise fees, and other      
Revenues:      
Revenue from contract with customer, excluding assessed tax 267,959 368,171 375,640
Franchisor - Advertising Revenue      
Revenues:      
Revenue from contract with customer, excluding assessed tax 201,494 283,015 268,294
Company restaurant sales      
Revenues:      
Revenue from contract with customer, excluding assessed tax 108,054 131,214 7,084
Financing revenues      
Revenues:      
Revenue from contract with customer, excluding assessed tax 5,822 7,112 7,979
Advertising expenses      
Revenues:      
Revenue from contract with customer, excluding assessed tax 201,494 283,015 268,294
Cost of revenues:      
Total franchise expenses 202,012 281,781 269,590
Bad debt expense (credit)      
Cost of revenues:      
Total franchise expenses 12,756 (365) 452
Other franchise expenses      
Cost of revenues:      
Total franchise expenses $ 24,204 $ 31,338 $ 60,577