SUMMARY OF REFRANCHISINGS AND ASSETS HELD FOR SALE (Tables)

4 Months Ended

Jan. 21, 2024

Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]

Schedule of Refranchisings and Franchise Acquisitions

The following table summarizes the number of restaurants sold to franchisees and the loss or gain recognized (dollars in thousands):

	Sixteen Weeks Ended
	January 21, 2024		January 22, 2023
Restaurants sold to Jack in the Box franchisees	—		5
Restaurants sold to Del Taco franchisees	—		16
Proceeds from the sale of company-operated restaurants (1)	$	1,739	$	17,609
Net assets sold (primarily property and equipment)	—		(4,093)
Goodwill related to the sale of company-operated restaurants	—		(7,310)
Franchise fees	—		(577)
Sublease liabilities, net	—		(1,197)
Lease termination	—		(393)
Other (2)	(1,993)		(214)
(Loss) gain on the sale of company-operated restaurants	$	(254)	$	3,825

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(1)Amount in 2024 relates to additional proceeds received in connection with the extension of franchise agreements and the resolution of certain contingencies related to the sale of restaurants in the prior years.

(2)Amount in 2024 includes a $2.2 million impairment of assets held for sale related to a Del Taco refranchising transaction that is expected to close in the second quarter of 2024. Amount in 2023 includes $0.2 million related to prior year refranchising transactions.