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Assets Held For Sale
3 Months Ended
Nov. 30, 2012
Assets Held For Sale [Abstract]  
Assets Held For Sale

5. Assets Held for Sale

     During the first quarter of fiscal year 2013, a franchisee exercised an option to acquire land and buildings leased or subleased from the Company relating to previously refranchised drive-ins. The sale was completed in December 2012 subsequent to the end of the Company's first quarter. At November 30, 2012, the net book value of these Company Drive-In segment assets was $39.0 million. As a result, the Company reclassified $39.0 million of net property, equipment and capital leases to assets held for sale at November 30, 2012. Approximately $34 million is reflected in "assets held for sale" and approximately $5 million is reflected in non-current assets within "other assets, net" on the Condensed Consolidated Balance Sheet. The $5 million relates to proceeds from the sale that will not be received within the next twelve months. The Company received approximately $30 million in cash at closing and will receive the remaining proceeds over 24 months. This transaction did not result in a material gain or loss. For fiscal year 2012, lease revenues, net of sublease payments, related to these assets was approximately $4.8 million. The Company's debt covenants require the application of certain asset disposition proceeds as note prepayments, after a $5 million annual exclusion, if the proceeds are not reinvested in eligible assets within a twelve month period.