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Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of future minimum rental payments for operating leases

At December 31, 2022, maturities of lease liabilities under existing operating leases are:

						Restaurant						Other						Total
2023						$	129,459					$	5,598					$	135,057
2024						125,898						4,620						130,518
2025						121,605						3,981						125,586
2026						116,388						3,197						119,585
2027						112,291						2,617						114,908
Thereafter						862,857						3,972						866,829
Total lease payments						$	1,468,498					$	23,985					$	1,492,483
Lease discount																		(661,898)
Operating lease liability																		$	830,585

Schedule of components of lease cost

The following table is a summary of the Company’s components of lease cost for fiscal years 2022, 2021 and 2020:

Lease Expense						Statements of Income Location						2022						2021			2020
Operating lease expense - Minimum rentals:
Company-operated restaurants						Occupancy and other operating expenses						$	(117,723)					$	(94,254)		$	(69,151)
Franchised restaurants						Franchised restaurants - occupancy expenses						(44,656)						(29,969)			(23,510)
General and administrative						General and administrative expenses						(6,746)						(6,590)			(7,062)
Subtotal												(169,125)						(130,813)			(99,723)
Variable lease expense - Contingent rentals based on sales:
Company-operated restaurants						Occupancy and other operating expenses						(36,322)						(27,262)			(26,153)
Franchised restaurants						Franchised restaurants - occupancy expenses						(10,810)						(9,505)			(13,248)
Subtotal												(47,132)						(36,767)			(39,401)
Total lease expense												$	(216,257)					$	(167,580)		$	(139,124)

Other information												2022
Weighted-average remaining lease term (years)
Operating leases												7
Weighted-average discount rate
Operating leases												6.5		%

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

+ Details

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