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Goodwill and Other Intangible Assets | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The significant majority of the Company's goodwill arose from the November 29, 2007 acquisition of Applebee's which was allocated between the franchise and company restaurants segments. Changes in the carrying amount of goodwill during the nine months ended September 30, 2025 were as follows:
|  | Franchise Segment |  | Company Restaurants Segment |  | Total
|  | (In millions)
Balance at December 31, 2024 |  | $ | 247.0 |  |  | $ | 1.6 |  |  | $ | 248.6 |
Business acquisition |  | — |  | 1.6 |  | 1.6
Purchase price adjustment |  | — |  | (0.9) |  | (0.9)
Adjustments resulting from the subsequent recognition of deferred tax assets |  | — |  | 0.3 |  | 0.3
Balance at September 30, 2025 |  | $ | 247.0 |  |  | $ | 2.6 |  |  | $ | 249.6 |
During the nine months ended September 30, 2025, the Company acquired 12 Applebee's restaurants from a franchisee as described in Note 17 - Business Acquisition of the Notes to the Condensed Consolidated Financial Statements, and allocated $1.6 million of resulting goodwill to the company restaurants segment. Gross and net carrying amounts of goodwill at September 30, 2025 and December 31, 2024 are as follows:
|  | September 30, 2025 |  | December 31, 2024
|  | Gross |  | Accumulated Impairment Loss |  | Net |  | Gross |  | Accumulated Impairment Loss |  | Net
|  | (In millions)
Franchise Segment |  | $ | 704.6 |  |  | $ | (457.6) |  |  | $ | 247.0 |  |  | $ | 704.6 |  |  | $ | (457.6) |  |  | $ | 247.0 |
Company Restaurants Segment |  | 2.6 |  | — |  | 2.6 |  | 1.6 |  | — |  | 1.6
Total |  | $707.2 |  | $(457.6) |  | $249.6 |  | $706.2 |  | $(457.6) |  | $248.6
Other Intangible Assets The significant majority of the Company's other intangible assets arose from the November 29, 2007 acquisition of Applebee's. Changes in the carrying amounts during the nine months ended September 30, 2025 are as follows:
|  | Tradenames |  | Franchising Rights |  |  |  | Favorable Leaseholds |  | Other |  | Total
|  | (In millions)
Balance at December 31, 2024 |  | $ | 525.2 |  |  | $ | 42.3 |  |  |  |  | $ | 2.8 |  |  | $ | 5.4 |  |  | $ | 575.7 |
Impairment |  | — |  |  | — |  |  |  |  | (2.8) |  |  | — |  |  | (2.8) |
Amortization expense |  | — |  |  | (8.1) |  |  |  |  | — |  |  | (0.2) |  |  | (8.3) |
Additions |  | — |  |  | — |  |  |  |  | — |  |  | 1.6 |  |  | 1.6 |
Disposition |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |
Balance at September 30, 2025 |  | $ | 525.2 |  |  | $ | 34.3 |  |  |  |  | $ | — |  |  | $ | 6.8 |  |  | $ | 566.2 |
Gross and net carrying amounts of intangible assets subject to amortization at September 30, 2025 and December 31, 2024 are as follows:
|  | September 30, 2025 |  | December 31, 2024
|  | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Remaining Period |  | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Remaining Period
|  | (In millions, except weighted average remaining period in years)
Franchising rights |  | $ | 214.8 |  |  | $ | (180.5) |  |  | $ | 34.3 |  |  | 7.8 |  | $ | 214.8 |  |  | $ | (172.5) |  |  | $ | 42.3 |  |  | 7.6
Favorable leaseholds |  | — |  | — |  | — |  | 0.0 |  | 3.4 |  | (0.6) |  | 2.8 |  | 10.1
Other |  | 1.9 |  | (0.3) |  | 1.6 |  | 8.1 |  | 0.5 |  | (0.1) |  | 0.4 |  | 13.0
Total |  | $ | 216.7 |  |  | $ | (180.8) |  |  | $ | 35.8 |  |  | 7.8 |  | $ | 218.7 |  |  | $ | (173.2) |  |  | $ | 45.5 |  |  | 7.8

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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