XML 21 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary Of Refranchisings, Franchisee Development And Acquisitions (Tables)
 6 Months Ended
Apr. 15, 2012
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]  
Number Of Restaurants Sold And Developed By Franchisees And Related Gains And Fees Recognized
The following is a summary of the number of Jack in the Box restaurants sold to franchisees, the number of restaurants developed by franchisees and the related gains and fees recognized (dollars in thousands):
 
Quarter
 
Year-to-Date
 
April 15,
2012
 
April 17,
2011
 
April 15,
2012
 
April 17,
2011
Restaurants sold to franchisees
37

 
26

 
37

 
114

New restaurants opened by franchisees
9

 
11

 
29

 
28

 
 
 
 
 
 
 
 
Initial franchise fees
$
1,770

 
$
1,640

 
$
2,490

 
$
5,879

 
 
 
 
 
 
 
 
Proceeds from the sale of company-operated restaurants (1)
$
20,715

 
$
5,505

 
$
21,964

 
$
49,588

Net assets sold (primarily property and equipment)
(5,754
)
 
(4,520
)
 
(5,833
)
 
(19,872
)
Goodwill related to the sale of company-operated restaurants
(604
)
 
(107
)
 
(652
)
 
(966
)
Other
(279
)
 
—

 
(279
)
 
—

Gains on the sale of company-operated restaurants (1)
$
14,078

 
$
878

 
$
15,200

 
$
28,750

____________________________
(1)
Amounts in 2012 include additional proceeds and gains of $0.9 million in the quarter and $2.1 million year-to-date recognized upon the extension of the underlying franchise and lease agreements related to restaurants sold in a prior year.
Purchase Price Allocations On Franchise Acquisitions
The following table provides detail of the combined allocations in each period (dollars in thousands):
 
Year-to-Date
 
April 15, 2012
 
April 17, 2011
Restaurants acquired from franchisees
36

 
22

Property and equipment
$
9,559

 
$
3,877

Reacquired franchise rights
461

 
232

Liabilities assumed
(108
)
 
(71
)
Goodwill
29,283

 
17,439

Total consideration
$
39,195

 
$
21,477