Purchase of Assets

9 Months Ended

Nov. 05, 2012

Business Combinations [Abstract]

Purchase of Assets

PURCHASE OF ASSETS

During the forty weeks ended November 5, 2012, we purchased one Hardee’s restaurant from a franchisee for aggregate purchase price consideration of $75, and recorded property and equipment (including capital lease assets) of $54 and capital lease obligations of $17, resulting in $38 of additional goodwill in our Hardee's operating segment.

During the forty weeks ended November 7, 2011, we purchased three Hardee’s restaurants from a franchisee for aggregate purchase price consideration of $1,500, which was reduced by the settlement of certain pre-existing liabilities, resulting in net purchase price consideration of $1,207. As a result of this transaction, we recorded property and equipment (including capital lease assets) of $109, identifiable intangible assets of $85 and capital lease obligations of $55, resulting in $1,068 of additional goodwill in our Hardee’s operating segment.