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Revenues (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table disaggregates franchise revenues by major type for the three and nine months ended September 30, 2025 and 2024:

						Three Months Ended September 30,												Nine Months Ended September 30,
						2025						2024						2025						2024
						(In millions)
Franchise Revenues:
Royalties						$	74.7					$	76.2					$	233.0					$	236.9
Advertising revenues						68.2						69.8						212.2						219.6
Proprietary product sales and other						16.5						18.3						50.0						55.2
Franchise and development fees						1.9						2.1						7.0						7.0
Total franchise revenues						$	161.3					$	166.4					$	502.3					$	518.7

Schedule of Changes in Deferred Revenue

Changes in the Company's contract liability for deferred franchise and development fees during the nine months ended September 30, 2025 were as follows:

						Deferred Franchise Revenue (short- and long-term)
						(In millions)
Balance at December 31, 2024						$	42.7
Recognized as revenue during the nine months ended September 30, 2025						(6.7)
Fees deferred during the nine months ended September 30, 2025						3.6
Balance at September 30, 2025						$	39.6

Schedule of Remaining Performance Obligations

The balance of deferred revenue as of September 30, 2025 is expected to be recognized as follows:

						(In millions)
2025 (remaining three months)						$	1.5
2026						5.5
2027						4.6
2028						3.7
2029						3.1
Thereafter						21.2
Total						$	39.6

X

- 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

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X

- 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

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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

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