XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1

Segment Reporting

6 Months Ended

Dec. 24, 2017

Segment Reporting [Abstract]

Segment Reporting

(8) Segment Reporting

During the fiscal quarter ended December 24, 2017, the Company discontinued its Norco distribution division and revised its arrangements with third party suppliers and distributors of food, equipment and supplies. As a result, sale of food, equipment and supplies is no longer recognized as revenue and the cost of such items is no longer included in cost of sales. The Company now recognizes incentive revenues received from third party suppliers and distributors as revenue.

 In order to show the impact of this change and better reflect the current operational structure, the Company has redefined its operating segments as Pizza Inn Franchising, Pie Five Franchising and Company-Owned Restaurants.

 Summarized in the following tables are net sales and operating revenues, operating income and geographic information (revenues) for these reportable segments for the three and six month periods ended December 24, 2017 and December 25, 2016 (in thousands). Operating income reported below excludes income tax provision and discontinued operations.

				Three Months Ended				Six Months Ended
	<BTB>			December 24,		December 25,		December 24,		December 25,
				2017		2016		2017		2016
	Net sales and operating revenues:
	Pizza Inn Franchising			$             1,718		$             1,782		$             3,492		$             3,656
	Pie Five Franchising			912		938		2,395		1,823
	Company-owned restaurants (Note 1)			1,567		4,060		3,742		8,767
		Consolidated revenues		$             4,197		$             6,780		$             9,629		$           14,246
	Depreciation and amortization:
	Pizza Inn Franchising			$                     -		$                     -		$                     -		$                     -
	Pie Five Franchising			-		-		-		-
	Company-owned restaurants (Note 1)			173		628		373		1,304
		Combined		173		628		373		1,304
	Corporate administration and other			115		112		227		213
		Depreciation and amortization		$                288		$                740		$                600		$             1,517
	Gain/(Loss) from continuing operations before taxes:
	Pizza Inn Franchising			$             1,398		$             1,459		$             2,877		$             3,030
	Pie Five Franchising			489		576		1,666		1,186
	Company-owned restaurants (Note 1)			(464)		(6,269)		(1,342)		(7,774)
		Combined		1,423		(4,234)		3,201		(3,558)
	Corporate administration and other			(1,847)		(3,296)		(3,743)		(5,138)
		Loss from continuing operations before taxes		$               (424)		$            (7,530)		$               (542)		$            (8,696)
	Geographic information (revenues):
	United States			$             3,983		$             6,733		$             9,336		$           14,103
	Foreign countries			214		47		293		143
		Consolidated total		$             4,197		$             6,780		$             9,629		$           14,246
		Note 1:
		Company stores that were closed are included in discontinued operations in the accompanying
		Condensed Consolidated Statement of Operations.

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration