XML 25 R12.htm IDEA: XBRL DOCUMENT
v3.19.1

Refranchisings and Acquisitions | 3 Months Ended
--- | ---
Mar. 27, 2019
Refranchisings and Acquisitions [Abstract] |
Refranchisings and Acquisitions | Refranchisings and Acquisitions Refranchisings The following table summarizes the activity related to our current real estate and development strategy. Gains on the sales of company restaurants and real estate are included as a component of operating (gains), losses and other charges, net in our Condensed Consolidated Statements of Income. See Note 5.
| Quarter Ended
| March 27, 2019 |  | March 28, 2018
| (Dollars in thousands)
Restaurants sold to franchisees | 3 |  |  | — |
Gains on sales of company restaurants: |  |  |  |  |
Cash proceeds | $ | 2,833 |  |  | $ | — |
Less: Property sold | (550 | ) |  | — |
Less: Goodwill related to the sales of company restaurants | (79 | ) |  | — |
Total gains of sales of company restaurants | $ | 2,204 |  |  | $ | — |
Real estate sold | 1 |  |  | — |
Gains on sales of real estate: |  |  |  |  |
Cash proceeds | $ | 4,688 |  |  | — |
Noncash consideration | 3,000 |  |  | — |
Less: Property sold | (190 | ) |  | — |
Total gains on sale of real estate | $ | 7,498 |  |  | $ | — |
In addition to the cash proceeds received on the sale of real estate, we also recorded additional noncash consideration for the fair value of restaurant space we expect to receive within a building being developed by the buyer of the real estate. The $3.0 million of noncash consideration is recorded as a component of other noncurrent assets in our Condensed Consolidated Balance Sheets. The fair value of the noncash consideration is based upon Level 2 inputs. As of March 27, 2019, we have recorded assets held for sale at their carrying amount of $15.0 million (comprised of property of $11.7 million, goodwill of $1.6 million and reacquired franchise rights of $1.7 million) related to 48 company restaurants. There were $0.7 million in assets held for sale as of December 26, 2018 related to three company restaurants and one piece of real estate. The fair value of assets held for sale is based upon Level 2 inputs, which include sales agreements. Acquisitions We account for the acquisition of franchised restaurants using the acquisition method of accounting for business combinations. The purchase price allocations were based on Level 3 fair value estimates. The following table summarizes our acquisition activity.
| Quarter Ended
| March 27, 2019 |  | March 28, 2018
| (Dollars in thousands)
Restaurants acquired from franchisees | — |  |  | 5 |
Purchase price allocation: |  |  |
Reacquired franchise rights | $ | — |  |  | $ | 5,315 |
Property | — |  |  | 1,029 |
Goodwill | — |  |  | 1,574 |
Total purchase price | $ | — |  |  | $ | 7,918 |
Financing leases recorded | $ | — |  |  | $ | 2,409 |
Real estate acquired | 2 |  |  | — |
Total purchase price | $ | 4,706 |  |  | $ | — |

X
- Definition Refranchisings and Acquisitions [Abstract] + References No definition available. + Details
Name: | denn_RefranchisingsandAcquisitionsAbstract
Namespace Prefix: | denn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for refranchisings and acquisitions + References No definition available. + Details
Name: | denn_RefranchisingsandAcquisitionsTextBlock
Namespace Prefix: | denn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration