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Series B Convertible Preferred Stock (Details) - USD ($) $ / shares in Units, shares in Millions |  |  | 3 Months Ended
--- | --- | --- | ---
Mar. 29, 2019 | Feb. 03, 2019 | Mar. 31, 2019
Redeemable Preferred Shares |  |  |
Preferred stock dividend rate |  |  | 3.60%
Authorized shares of preferred stock |  |  | 5.0
Temporary equity |  |  | $ 251,303,000
Issuance costs |  |  | 7,179,000
Dividends paid to preferred shareholders |  |  | 2,040,000
Preferred dividends |  |  | 1,100,000
Common stock dividends paid to preferred shareholders |  |  | 900,000
Series B Preferred Stock |  |  |
Redeemable Preferred Shares |  |  |
Temporary equity |  |  | 251,300,000
Temporary equity adjustment |  |  | 5,900,000
Dividends paid to preferred shareholders |  |  | 2,000,000
Series B Preferred Stock | Franchisee |  |  |
Redeemable Preferred Shares |  |  |
Aggregate purchase price of shares | $ 2,500,000 |  |
Temporary equity adjustment |  |  | 300,000
Series B Preferred Stock | Securities Purchase Agreement |  |  |
Redeemable Preferred Shares |  |  |
Aggregate purchase price of shares | $ 50,000,000 | $ 200,000,000 |
Preferred stock, par value |  | $ 0.01 |
Purchase price per share |  | $ 1,000 |
Preferred stock dividend rate |  | 3.60% |
Conversion rate |  | $ 50.06 |
Initial redemption term |  | 8 years |
Exchange Cap (as a percent) |  | 19.99% |
Issuance costs |  |  | 7,200,000
Temporary equity adjustment |  |  | $ 5,600,000
Redemption value |  | $ 252,500,000 |

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