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Introduction and Basis of Presentation
 9 Months Ended
Sep. 26, 2012
Introduction and Basis of Presentation [Abstract]  
Introduction and Basis of Presentation
Note 1.     Introduction and Basis of Presentation

Denny's Corporation, or Denny's, is one of America's largest full-service restaurant chains. The following table shows the unit activity for the quarter and three quarters ended September 26, 2012 and September 28, 2011, respectively:
 
 
Quarter Ended
 
 
Three Quarters Ended
 
 
 
September 26, 2012
 
 
September 28, 2011
 
 
September 26, 2012
 
 
September 28, 2011
 
Company-owned restaurants, beginning of period
 
 
177
 
 
 
225
 
 
 
206
 
 
 
232
 
Units opened
 
 
—
 
 
 
2
 
 
 
—
 
 
 
8
 
Units sold to franchisees
 
 
(5
)
 
 
(3
)
 
 
(28
)
 
 
(13
)
Units closed
 
 
(1
)
 
 
(1
)
 
 
(7
)
 
 
(4
)
End of period
 
 
171
 
 
 
223
 
 
 
171
 
 
 
223
 
Franchised and licensed restaurants, beginning of period
 
 
1,507
 
 
 
1,452
 
 
 
1,479
 
 
 
1,426
 
Units opened
 
 
12
 
 
 
9
 
 
 
27
 
 
 
39
 
Units relocated
 
 
—
 
 
 
—
 
 
 
—
 
 
 
1
 
Units purchased from Company
 
 
5
 
 
 
3
 
 
 
28
 
 
 
13
 
Units closed (including units relocated)
 
 
(8
)
 
 
(10
)
 
 
(18
)
 
 
(25
)
End of period
 
 
1,516
 
 
 
1,454
 
 
 
1,516
 
 
 
1,454
 
Total restaurants, end of period
 
 
1,687
 
 
 
1,677
 
 
 
1,687
 
 
 
1,677
 

Our unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Therefore, certain information and notes normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. In our opinion, all adjustments considered necessary for a fair presentation of the interim periods presented have been included. Such adjustments are of a normal and recurring nature. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. Actual results may differ from these estimates under different assumptions or conditions; however, we believe that our estimates, including those for the above-described items, are reasonable.

These interim condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto for the year ended December 28, 2011 and the related Management's Discussion and Analysis of Financial Condition and Results of Operations, both of which are contained in our Annual Report on Form 10-K for the fiscal year ended December 28, 2011. The results of operations for the interim periods presented are not necessarily indicative of the results for the entire fiscal year ending December 26, 2012.