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Subsequent Events | 6 Months Ended
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Apr. 15, 2018
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS On May 11, 2018, the Board of Directors declared a cash dividend of $0.40 per common share, to be paid on June 11, 2018 to shareholders of record as of the close of business on May 29, 2018. On May 11, 2018, the Board of Directors approved an additional $200.0 million stock-buyback program that expires in November 2019. Subsequent to the end of the second quarter of 2018, we signed non-binding letters of intent with franchisees to sell approximately 25 company-operated restaurants in several markets. Pre-tax gross proceeds related to these sales are estimated at $21.0 million to $23.0 million.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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