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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 27, 2015
Acquisitions and Divestitures  
Schedule of Purchase Price Allocation

 

                                                                                                                                                                                    

 

 

2015

 

2014

 

 

 

 

 

 

 

Number of restaurants acquired

 

 

13 

 

Location of restaurants acquired

 

North Carolina, Missouri and Colorado

 

Georgia, North Carolina, Illinois and Texas

 

 

 

 

 

 

 

Purchase price (in thousands):

 

 

 

 

 

Cash payment

 

$

922 

 

$

4,773 

 

Cancellation of accounts and notes receivable

 

 

412 

 

 

 

 

 

 

 

Total purchase price

 

$

922 

 

$

5,185 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value allocation of purchase price (in thousands):

 

 

 

 

 

Property and equipment

 

$

648 

 

$

555 

 

Reacquired franchise right

 

113 

 

844 

 

Goodwill

 

152 

 

3,661 

 

Other, including cash

 

 

125 

 

 

 

 

 

 

 

Total purchase price

 

$

922 

 

$

5,185 

 

 

 

 

 

 

 

 

 

 

Schedule of assets classified as held for sale

The following summarizes the associated assets that are classified as held for sale (in thousands):

 

                                                                                                                                                                                    

 

 

December 27,
 2015

 

Inventories

 

$

667 

 

Prepaid expenses

 

672 

 

Net property and equipment

 

5,571 

 

Goodwill

 

1,690 

 

Other assets

 

699 

 

 

 

 

 

Total assets held for sale

 

$

9,299