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Summary Of Refranchisings, Franchisee Development And Acquisitions
6 Months Ended
Apr. 12, 2015
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]  
Summary Of Refranchisings, Franchisee Development And Acquisitions
SUMMARY OF REFRANCHISINGS, FRANCHISEE DEVELOPMENT AND ACQUISITIONS
Refranchisings and franchisee development — The following is a summary of the number of restaurants sold to franchisees, number of restaurants developed by franchisees and the related gains or losses and fees recognized (dollars in thousands):
 
Quarter
 
Year-to-date
 
April 12,
2015
 
April 13,
2014
 
April 12,
2015
 
April 13,
2014
Restaurants sold to Jack in the Box franchisees
20

 
14

 
21

 
14

New restaurants opened by franchisees
10

 
6

 
22

 
19

 
 
 
 
 
 
 
 
Initial franchise fees
$
608

 
$
755

 
$
983

 
$
1,154

 
 
 
 
 
 
 
 
Proceeds from the sale of company-operated restaurants (1)
$
1,456

 
$
7,374

 
$
2,630

 
$
7,842

Net assets sold (primarily property and equipment)
(1,945
)
 
(2,240
)
 
(2,434
)
 
(2,240
)
Goodwill related to the sale of company-operated restaurants
(16
)
 
(120
)
 
(32
)
 
(129
)
Other (2)
(4,515
)
 
(142
)
 
(4,334
)
 
(140
)
(Losses) gains on the sale of company-operated restaurants
$
(5,020
)
 
$
4,872

 
$
(4,170
)
 
$
5,333

 
 
 
 
 
 
 
 
Losses on expected sale of Jack in the box company-operated markets (3)

 
(3,115
)
 

 
(3,115
)
 
 
 
 
 
 
 
 
Total (losses) gains on the sale of company-operated restaurants
$
(5,020
)
 
$
1,757

 
$
(4,170
)
 
$
2,218


____________________________
(1)
Amounts in 2015 and 2014 include additional proceeds recognized upon the extension of the underlying franchise and lease agreements related to restaurants sold in a prior year of $0.0 million and $0.7 million, respectively, in the quarter, and $0.1 million and $1.2 million, respectively, year-to-date.
(2)
Amounts in 2015 include lease commitment charges related to restaurants closed in connection with the sale of the related market, and charges for operating restaurant leases with lease commitments in excess of our sublease rental income.
(3)
Amounts in 2014 relate to losses on the expected sale of approximately 30 company-operated restaurants in two Jack in the Box markets sold in the fourth quarter of 2014 and the second quarter of 2015.
Franchise acquisitions — In 2015, we acquired six Jack in the Box franchise restaurants in one market, and during 2014 we repurchased four Jack in the Box franchise restaurants in another market. We account for the acquisition of franchised restaurants using the acquisition method of accounting for business combinations. The purchase price allocations were based on fair value estimates determined using significant unobservable inputs (Level 3). Acquisitions were not material to our condensed consolidated financial statements in either year.