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Cash, Cash Equivalents and Restricted Cash | 9 Months Ended
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Sep. 30, 2025
Cash and Cash Equivalents [Abstract] |
Cash, Cash Equivalents and Restricted Cash | Cash, Cash Equivalents and Restricted Cash Cash and Cash Equivalents The Company considers all highly liquid investment securities with remaining maturities at the date of purchase of three months or less to be cash equivalents. These cash equivalents are stated at cost which approximates market value. Cash held related to IHOP advertising funds and the Company's gift card programs is not considered to be restricted cash as there are no restrictions on the use of these funds. The components of cash and cash equivalents were as follows:
|  | September 30, 2025 |  | December 31, 2024
|  | (In millions)
Money market funds |  | $ | 2.0 |  |  | $ | 35.0 |
IHOP advertising funds and gift card programs |  | 74.1 |  |  | 73.1 |
Other depository accounts |  | 91.9 |  |  | 78.6 |
Total cash and cash equivalents |  | $ | 168.0 |  |  | $ | 186.7 |
Current Restricted Cash Current restricted cash primarily consisted of funds required to be held in trust in connection with the Company's securitized debt and funds from Applebee's franchisees pursuant to franchise agreements, usage of which was restricted to advertising activities. The components of current restricted cash were as follows:
|  | September 30, 2025 |  | December 31, 2024
|  | (In millions)
Securitized debt reserves |  | $ | 56.4 |  |  | $ | 40.0 |
Applebee's advertising funds |  | 3.6 |  |  | 1.6 |
Other |  | 1.2 |  |  | 0.8 |
Total current restricted cash |  | $ | 61.2 |  |  | $ | 42.4 |
Non-current Restricted Cash Non-current restricted cash was $22.0 million at September 30, 2025 and $19.5 million at December 31, 2024 and represents interest reserves required to be set aside for the duration of the Company's securitized debt.

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- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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