Segment Reporting

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

Information on segments and a reconciliation of gross profit to income (loss) before income taxes is as follows:

	Year Ended December 31,
	2021		2020		2019
Revenues			(In millions)
Franchise operations	$	631.9	$	469.5	$	651.2
Rental operations	114.0		105.9		120.7
Company restaurants	146.0		108.1		131.2
Financing operations	4.3		5.8		7.1
Total	$	896.2	$	689.3	$	910.2
Gross profit (loss), by segment
Franchise operations	$	336.0	$	230.5	$	338.4
Rental operations	26.1		16.4		29.9
Company restaurants	9.3		(3.5)		8.0
Financing operations	3.8		5.3		6.5
Total gross profit	375.2		248.7		382.8
Corporate and unallocated expenses, net	(253.3)		(357.3)		(244.3)
Income (loss) before income taxes	$	121.9	$	(108.6)	$	138.5
Interest expense
Rental operations	$	4.9	$	6.3	$	7.7
Company restaurants	3.3		2.7		2.1
Corporate	63.3		66.9		60.4
Total	$	71.5	$	75.9	$	70.2
Depreciation and amortization
Franchise operations	$	10.1	$	10.1	$	10.3
Rental operations	11.1		12.3		13.4
Company restaurants	7.0		7.0		6.4
Corporate	11.7		13.4		12.4
Total	$	39.9	$	42.8	$	42.5
Impairment of goodwill and intangible assets, closure and other impairment charges
Franchise operations	$	1.7	$	122.1	$	—
Company restaurants	3.7		10.5		1.5
Total	$	5.4	$	132.6	$	1.5
Capital expenditures
Franchise operations	$	—	$	—	$	0.6
Company restaurants	6.5		2.7		3.2
Corporate	10.3		8.2		15.6
Total	$	16.8	$	10.9	$	19.4
Goodwill
Franchise operations	$	247.0	$	247.0	$	339.3
Company restaurants	4.6		4.6		4.6
Total	$	251.6	$	251.6	$	343.9
Total assets
Franchise operations	$	991.0	$	997.7	$	1,116.2
Rental operations	426.5		451.5		503.8
Company restaurants	117.2		121.1		134.3
Financing operations	39.7		49.9		72.0
Corporate	425.0		454.7		223.2
Total	$	1,999.4	$	2,074.9	$	2,049.5