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Contract Liabilities: (Tables)
3 Months Ended
Mar. 30, 2019
Contract Liabilities:  
Schedule of activity of current and noncurrent deferred franchise revenue

 

 

 

 

 

 

 

 

    

March 30, 2019

    

March 31, 2018

Balance at beginning of period

 

$

10,177,300

 

$

10,310,200

Franchise and software license fees collected from franchisees, excluding amount earned as revenue during the period

 

 

292,000

 

 

486,000

Fees earned that were included in the balance at the beginning of the period

 

 

(470,700)

 

 

(473,300)

Balance at end of period

 

$

9,998,600

 

$

10,322,900

 

Schedule of future estimated revenue to be recognized related to performance obligations

 

 

 

 

Contract Liabilities expected to be recognized in

 

Amount

2019

 

$

1,268,900

2020

 

 

1,630,600

2021

 

 

1,491,700

2022

 

 

1,346,800

2023

 

 

1,175,600

Thereafter

 

 

3,085,000

 

 

$

9,998,600