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Noncontrolling Interests
12 Months Ended
Dec. 27, 2020
Noncontrolling Interests  
Noncontrolling Interests

10. Noncontrolling Interests

Papa John’s has four joint venture arrangements in which there are noncontrolling interests held by third parties.  These joint venture arrangements include 188 restaurants and 192 restaurants at December 27, 2020 and December 29, 2019 respectively.  Net income attributable to these joint ventures for the years ended December 27, 2020, December 29, 2019 and December 30, 2018 were as follows (in thousands):

 

2020

    

2019

    

2018

Papa John’s International, Inc.

$

5,654

$

2,560

$

5,794

Noncontrolling interests

 

2,682

 

791

 

1,599

Total net income

$

8,336

$

3,351

$

7,393

As of December 27, 2020, the noncontrolling interest holder of two joint ventures have the option to require the Company to purchase their interest, though not currently redeemable.  Since redemption of the noncontrolling interests is outside of the Company’s control, the noncontrolling interests are presented in the caption “Redeemable noncontrolling interests” in the Consolidated Balance Sheets.

The following summarizes changes in our redeemable noncontrolling interests in 2020 and 2019 (in thousands):

Balance at December 30, 2018

    

$

5,464

 

Net loss

 

(519)

Contributions

840

Balance at December 29, 2019

    

$

5,785

 

Net income

824

Distributions

 

(135)

Balance at December 27, 2020

$

6,474