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Impairment of Long-Lived Assets
9 Months Ended
Sep. 30, 2016
Impairment of Long-Lived Assets [Abstract]  
Impairment of Long-Lived Assets

4. Impairment of Long-Lived Assets

During the three months ended September 30, 2016, the Company determined that its ShopHouse restaurants were impaired and recognized a non-cash impairment charge of $14,505  ($8,539 net of tax), representing substantially all of the value of the long-lived assets of ShopHouse, in loss on disposal and impairment of assets on the consolidated statement of income and comprehensive income ($0.29 on basic and dilutive earnings per share).  The decision to impair the assets was based on an analysis of each restaurant’s past and present operating performance, including a significant change from comparable restaurant sales increases to decreases, and projected future cash flows expected to be generated by the restaurant assets. The fair value of ShopHouse restaurants was determined using level 3 inputs (unobservable inputs) based on a discounted cash flows method.  The Company has decided not to invest further in developing and growing the ShopHouse brand and will pursue strategic alternatives.