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Summary Of Refranchisings, Franchisee Development And Acquisitions (Tables)
4 Months Ended
Jan. 21, 2018
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]  
Number Of Restaurants Sold And Developed By Franchisees And Related Gains And Fees Recognized
The following table summarizes the number of restaurants as of the end of each period:
 
January 21,
2018
 
January 22,
2017
Company-operated
255

 
419

Franchise
1,995

 
1,842

Total system
2,250

 
2,261

The following table summarizes the number of restaurants sold to franchisees, the number of restaurants developed by franchisees, and the related fees and gains recognized in each period (dollars in thousands):
 
Sixteen Weeks Ended
 
January 21,
2018
 
January 22,
2017
Restaurants sold to franchisees
22

 

New restaurants opened by franchisees
5

 
7

 
 
 
 
Initial franchise fees
$
995

 
$
290

 
 
 
 
Proceeds from the sale of company-operated restaurants:
 
 
 
       Cash (1)
$
5,591

 
$
138

       Short-term notes receivable (2)
9,084

 

 
14,675

 
138

 
 
 
 
Net assets sold (primarily property and equipment)
(3,637
)
 

Goodwill related to the sale of company-operated restaurants
(153
)
 
(1
)
Other (3)
(1,945
)
 

Gains on the sale of company-operated restaurants
$
8,940

 
$
137


____________________________
(1)
Amounts in 2018 and 2017 include additional proceeds of $1.2 million and $0.1 million, respectively, related to restaurants sold in prior years.
(2)
These notes were collected during 2018.
(3)
Amount primarily relates to $1.5 million of remodel credits.