Accounts And Notes Receivable

9 Months Ended

May 31, 2014

Accounts And Notes Receivable [Abstract]

Accounts And Notes Receivable

5.Accounts and Notes Receivable

Accounts and notes receivable consist of the following:

	May 31,		August 31,
	2014		2013
Current Accounts and Notes Receivable:
Royalties and other trade receivables	$	18,340	$	16,506
Notes receivable from franchisees		1,038		4,003
Receivables from advertising funds		12,596		5,203
Other		7,764		4,977
Accounts and notes receivable, gross		39,738		30,689
Allowance for doubtful accounts and notes receivable		(1,130)		(1,547)
Accounts and notes receivable, net	$	38,608	$	29,142
Noncurrent Notes Receivable:
Receivables from franchisees	$	4,386	$	5,003
Receivables from advertising funds		3,840		5,810
Allowance for doubtful notes receivable		(745)		(800)
Notes receivable, net	$	7,481	$	10,013

The Company’s receivables are primarily due from franchisees, all of whom are in the restaurant business.  Substantially all of the notes receivable from franchisees are collateralized by real estate or equipment.  The receivables from advertising funds represent transactions in the normal course of business.  The increase in current receivables from advertising funds (the “funds”) during the first nine months of fiscal year 2014 primarily relates to timing of the funds’ receipts and disbursements.  The Company expects the funds to repay approximately $6.0 million of the current receivable balance by its fiscal year end.