XML 83 R24.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Basis Of Presentation (Tables) | 4 Months Ended
--- | ---
Jan. 19, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Summary of Number of Restaurants | The following table summarizes the number of restaurants as of the end of each period:
| January 19, 2020 |  | January 20, 2019
Company-operated | 137 |  |  | 137 |
Franchise | 2,107 |  |  | 2,104 |
Total system | 2,244 |  |  | 2,241 |
Balance sheet Impact for the Adoption of New Lease Guidance | The effects of the changes made to the Company's condensed consolidated balance sheet as of September 29, 2019 for the adoption of the new lease guidance were as follows (in thousands):
| Balance at September 29, 2019 |  | Adjustments due to ASC 842 adoption |  | Balance at September 30, 2019
Assets |  |  |  |  |
Other assets: |  |  |  |  |
Operating lease ROU assets | $ | — |  |  |  | $ | 880,564 |  |  | $ | 880,564 |
Intangible assets, net | $ | 425 |  |  |  | $ | (386) |  |  | $ | 39 |
Deferred income taxes | $ | 85,564 |  |  |  | $ | 1,006 |  |  | $ | 86,570 |
Liabilities and Stockholders’ Deficit |  |  |  |  |
Current liabilities: |  |  |  |  |
Current operating lease liabilities | $ | — |  |  |  | $ | 159,821 |  |  | $ | 159,821 |
Accrued liabilities | $ | 120,083 |  |  |  | $ | (4,702) |  |  | $ | 115,381 |
Long-term liabilities: |  |  |  |  |
Long-term operating lease liabilities, net of current portion | $ | — |  |  |  | $ | 770,818 |  |  | $ | 770,818 |
Other long-term liabilities | $ | 263,770 |  |  |  | $ | (41,883) |  |  | $ | 221,887 |
Stockholders’ deficit: |  |  |  |  |
Retained earnings | $ | 1,577,034 |  |  |  | $ | (2,870) |  |  | $ | 1,574,164 |
The accounting guidance for lessors remains largely unchanged from previous guidance, except for the presentation of certain lease costs that the Company passes through to lessees, including but not limited to, property taxes and maintenance. These costs are generally paid by the Company and reimbursed by the lessee. Historically, these costs have been recorded on a net basis in our condensed consolidated statements of earnings but are now presented gross upon adoption of the new guidance. As a result, we expect annual revenues and expenses reported in “Franchise rental revenues” and “Franchise occupancy expenses” to increase by approximately $37 million in fiscal 2020. Refer to Note 4, Leases, for further information on our leases and the impact on the Company’s accounting policies.

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of franchisors that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfFranchisorDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration