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REVENUE RECOGNITION
3 Months Ended
Sep. 25, 2019
Revenue Recognition [Abstract]  
Revenue from Contract with Customer
Deferred Development and Franchise Fees
Our deferred development and franchise fees consist of the unrecognized fees received from franchisees. Recognition of these fees in subsequent periods is based on satisfaction of the contractual performance obligations of the active contracts with franchisees. We also expect to earn subsequent period royalties and advertising fees related to our franchise contracts, however under ASC 606, these future revenues are not yet determinable due to unsatisfied performance obligations based upon a sales-based measure.
The unrecognized fees received from franchisees are classified within Other accrued liabilities and Other liabilities in the Consolidated Balance Sheets (Unaudited). A summary of significant changes to the related deferred balance during the thirteen week period ended September 25, 2019 is presented below, followed by the revenues expected to be recognized in the subsequent periods based on current information.
 
Deferred Development and Franchise Fees
Balance at June 26, 2019
$
16.2

Additions
0.2

Amount recognized for Chili’s restaurant acquisition(1)
(2.6
)
Amount recognized to Franchise and other revenues
(0.5
)
Balance at September 25, 2019
$
13.3


(1) 
Deferred development and franchise fees remaining balance associated with 116 Chili’s restaurants acquired from a previous franchisee at the September 5, 2019 acquisition date were recognized in Other (gains) and charges in the Consolidated Statements of Comprehensive Income (Unaudited), refer to Note 2 - Chili’s Restaurant Acquisition for further details.
Fiscal Year
Development and Franchise Fees Revenue Recognition
Remainder of 2020
$
0.8

2021
1.1

2022
1.0

2023
1.0

2024
1.0

Thereafter
8.4

 
$
13.3