XML 89 R53.htm IDEA: XBRL DOCUMENT
v3.19.3

Series B Convertible Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands |  |  |  | 9 Months Ended
--- | --- | --- | --- | ---
Oct. 01, 2019 | Mar. 29, 2019 | Feb. 03, 2019 | Sep. 29, 2019
Redeemable Preferred Shares |  |  |  |
Preferred stock dividend rate |  |  |  | 3.60%
Authorized shares of preferred stock |  |  |  | 5,000,000.0
Temporary equity |  |  |  | $ 251,074
Issuance costs |  |  |  | 7,535
Dividends paid to preferred shareholders |  |  |  | 6,608
Preferred dividends |  |  |  | 3,400
Common stock dividends paid to preferred shareholders |  |  |  | 3,200
General and administrative expenses |  |  |  |
Redeemable Preferred Shares |  |  |  |
Temporary equity adjustment |  |  |  | $ 5,900
Series B Preferred Stock |  |  |  |
Redeemable Preferred Shares |  |  |  |
Authorized shares of preferred stock |  |  |  | 260,000
Temporary equity |  |  |  | $ 251,100
Temporary equity adjustment |  |  |  | 5,900
Dividends paid to preferred shareholders |  |  |  | 6,600
Preferred dividends | $ 2,300 |  |  | 3,400
Common stock dividends paid to preferred shareholders |  |  |  | 3,200
Series B Preferred Stock | Franchisee |  |  |  |
Redeemable Preferred Shares |  |  |  |
Aggregate purchase price of shares |  | $ 2,500 |  |
Temporary equity adjustment |  |  |  | 300
Series B Preferred Stock | Securities Purchase Agreement |  |  |  |
Redeemable Preferred Shares |  |  |  |
Aggregate purchase price of shares |  | $ 50,000 | $ 200,000 |
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 |  |  |  | 7,500
Redemption value |  |  | $ 252,500 |
Series B Preferred Stock | General and administrative expenses |  |  |  |
Redeemable Preferred Shares |  |  |  |
Aggregate purchase price of shares |  |  |  | 50,000
Series B Preferred Stock | General and administrative expenses | Securities Purchase Agreement |  |  |  |
Redeemable Preferred Shares |  |  |  |
Temporary equity adjustment |  |  |  | $ 5,600

X
- Definition The total amount of common stock dividends paid to preferred shareholders. + References No definition available. + Details
Name: | pzza_CommonStockDividendsPaidToPreferredShareholders
Namespace Prefix: | pzza_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Dividends paid to preferred stockholders on preferred stock during the period. + References No definition available. + Details
Name: | pzza_DividendsPaidPreferredStock
Namespace Prefix: | pzza_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the cost of valuing an equity issuance. + References No definition available. + Details
Name: | pzza_EquityIssuanceValuationCosts
Namespace Prefix: | pzza_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the percentage of common stock outstanding to which limitations on conversion of preferred stock apply. + References No definition available. + Details
Name: | pzza_ExchangeCapPercentage
Namespace Prefix: | pzza_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the denominator in the conversion rate of preferred stock to common stock. + References No definition available. + Details
Name: | pzza_PreferredStockConversionDenominator
Namespace Prefix: | pzza_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The term of redemption for redeemable preferred stock. + References No definition available. + Details
Name: | pzza_RedeemablePreferredStockRedemptionTerm
Namespace Prefix: | pzza_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash outflow in the form of ordinary dividends to preferred shareholders of the parent entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow for cost incurred directly with the issuance of an equity security. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfStockIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The redemption (or callable) amount of redeemable preferred stock, excluding currently redeemable preferred stock. Includes amounts representing dividends not declared or paid but which will be payable under the redemption features or for which ultimate payment is solely within the control of the issuer. + References No definition available. + Details
Name: | us-gaap_PreferredStockRedemptionAmountFutureRedeemableSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share or per unit amount of equity securities issued. + References No definition available. + Details
Name: | us-gaap_SharesIssuedPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SubsidiarySaleOfStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. + References No definition available. + Details
Name: | us-gaap_TemporaryEquityCarryingAmountAttributableToParent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_GeneralAndAdministrativeExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_FranchiseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=pzza_SecuritiesPurchaseAgreementWithStarboardValueLpMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |