Revenue Disclosures (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table disaggregates franchise revenue by major type for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
	(In thousands)
Franchise Revenue:
Royalties	$	78,124	$	31,011	$	142,401	$	98,611
Advertising fees	72,324		29,095		133,209		90,818
Pancake and waffle dry mix sales and other	13,525		4,037		24,415		16,885
Franchise and development fees	2,981		3,733		7,905		6,599
Total franchise revenue	$	166,954	$	67,876	$	307,930	$	212,913

Schedule of Changes in Deferred Revenue

Changes in the Company's contract liability for deferred franchise and development fees during the six months ended June 30, 2021 are as follows:

	Deferred Franchise Revenue (short- and long-term)
	(In thousands)
Balance at December 31, 2020	$	59,919
Recognized as revenue during the six months ended June 30, 2021	(7,433)
Fees deferred during the six months ended June 30, 2021	2,755
Balance at June 30, 2021	$	55,241

Schedule of Remaining Performance Obligations

The balance of deferred revenue as of June 30, 2021 is expected to be recognized as follows:

	(In thousands)
Remainder of 2021	$	3,743
2022	7,278
2023	6,644
2024	6,051
2025	5,274
Thereafter	26,251
Total	$	55,241