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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table disaggregates franchise revenue by major type for the three months ended March 31, 2024 and 2023:
|  | Three Months Ended March 31, |  |
|  | 2024 |  | 2023 |  |  |  |
|  | (In thousands)
Franchise Revenue: |  |  |  |  |  |  |  |
Royalties |  | $ | 80,212 |  |  | $ | 83,438 |  |  |  |  |
Advertising fees |  | 75,261 |  |  | 77,037 |  |  |  |  |
Proprietary product sales and other |  | 17,967 |  |  | 17,262 |  |  |  |  |
Franchise and development fees |  | 2,437 |  |  | 2,225 |  |  |  |  |
Total franchise revenue |  | $ | 175,877 |  |  | $ | 179,962 |  |  |  |  |
Schedule of Changes in Deferred Revenue | Changes in the Company's contract liability for deferred franchise and development fees during the three months ended March 31, 2024 were as follows:
|  | Deferred Franchise Revenue (short- and long-term)
|  | (In thousands)
Balance at December 31, 2023 |  | $ | 45,269 |
Recognized as revenue during the three months ended March 31, 2024 |  | (2,306) |
Fees deferred during the three months ended March 31, 2024 |  | 723 |
Balance at March 31, 2024 |  | $ | 43,686 |
Schedule of Remaining Performance Obligations | The balance of deferred revenue as of March 31, 2024 is expected to be recognized as follows:
|  | (In thousands)
2024 (remaining nine months) |  | $ | 4,868 |
2025 |  | 5,828 |
2026 |  | 5,002 |
2027 |  | 4,112 |
2028 |  | 3,146 |
Thereafter |  | 20,730 |
Total |  | $ | 43,686 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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