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Contract Liabilities: (Tables)
12 Months Ended
Dec. 28, 2019
Contract Liabilities:  
Schedule of activity of current and noncurrent deferred franchise revenue

 

 

 

 

 

 

 

 

    

December 28, 2019

    

December 29, 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

 

 

1,203,500

 

 

1,749,100

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

 

 

(1,805,300)

 

 

(1,882,000)

Balance at end of period

 

$

9,575,500

 

$

10,177,300

 

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

 

 

 

 

Contract Liabilities expected to be recognized in

 

Amount

2020

 

$

1,717,000

2021

 

 

1,578,200

2022

 

 

1,433,300

2023

 

 

1,262,000

2024

 

 

1,064,300

Thereafter

 

 

2,520,700

 

 

$

9,575,500