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Summary of Refranchisings and Franchisee Development | 4 Months Ended
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Jan. 23, 2022
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract] |
Summary of Refranchisings and Franchisee Development | SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS Refranchisings — In 2022 and 2021, no company-operated restaurants were sold to franchisees. Amounts included in “Gains on the sale of company-operated restaurants” in both periods related to resolutions of certain contingencies from the sale of restaurants in prior years. Franchise acquisitions — In 2022 and 2021, we acquired four franchise restaurants in each period. We account for the acquisition of franchised restaurants using the acquisition method of accounting for business combinations. The purchase price allocations were based on fair value estimates determined using significant unobservable inputs (Level 3). These acquisitions were not material to our condensed consolidated financial statements in either year.

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- Definition Summary of refranchisings, franchisee development and acquisitions. + References No definition available. + Details
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