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Noncontrolling Interests (Tables)
12 Months Ended
Dec. 28, 2014
Noncontrolling Interests  
Schedule of Joint Venture Arrangements

 

 

 

 

 

 

 

 

 

Noncontrolling

 

 

 

Number of

 

Restaurant

 

Papa John’s

 

Interest

 

 

 

Restaurants

 

Locations

 

Ownership

 

Ownership

 

 

 

 

 

 

 

 

 

 

 

December 28, 2014

 

 

 

 

 

 

 

 

 

Star Papa, LP

 

84 

 

Texas

 

51 

%

49 

%

Colonel’s Limited, LLC

 

56 

 

Maryland and Virginia

 

70 

%

30 

%

PJ Minnesota, LLC

 

35 

 

Minnesota

 

70 

%

30 

%

PJ Denver, LLC

 

25 

 

Colorado

 

60 

%

40 

%

 

 

 

 

 

 

 

 

 

 

December 29, 2013

 

 

 

 

 

 

 

 

 

Star Papa, LP

 

81 

 

Texas

 

51 

%

49 

%

Colonel’s Limited, LLC

 

52 

 

Maryland and Virginia

 

70 

%

30 

%

PJ Minnesota, LLC

 

33 

 

Minnesota

 

80 

%

20 

%

PJ Denver, LLC

 

25 

 

Colorado

 

60 

%

40 

%

 

 

 

 

 

 

 

 

 

 

December 30, 2012

 

 

 

 

 

 

 

 

 

Star Papa, LP

 

78 

 

Texas

 

51 

%

49 

%

Colonel’s Limited, LLC

 

52 

 

Maryland and Virginia

 

70 

%

30 

%

PJ Minnesota, LLC

 

30 

 

Minnesota

 

80 

%

20 

%

PJ Denver, LLC

 

22 

 

Colorado

 

60 

%

40 

%

 

Schedule of Income Before Income Taxes Attributable to Joint Ventures

The income before income taxes attributable to these joint ventures for the years ended December 28, 2014, December 29, 2013 and December 30, 2012 were as follows (in thousands):

 

 

 

2014

 

2013

 

2012

 

 

 

 

 

 

 

 

 

Papa John’s International, Inc.

 

$

6,932 

 

$

5,121 

 

$

6,823 

 

Noncontrolling interests

 

4,382 

 

3,442 

 

4,342 

 

Total income before income taxes

 

$

11,314 

 

$

8,563 

 

$

11,165 

 

 

Summary of Changes in Redeemable Noncontrolling Interests

The following summarizes changes in our redeemable noncontrolling interests in 2014 and 2013 (in thousands):

 

Balance at December 30, 2012

 

$

6,380

 

Net income

 

1,718

 

Contributions from redeemable noncontrolling interest holders

 

850

 

Distributions to redeemable noncontrolling interest holders

 

(2,000

)

Change in redemption value

 

510

 

Reclassification from temporary equity to permanent equity

 

(434

)

Balance at December 29, 2013

 

7,024

 

Net income

 

2,487

 

Distributions to redeemable noncontrolling interest holders

 

(1,000

)

Change in redemption value

 

44

 

Balance at December 28, 2014

 

$

8,555