XML 21 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1

8. Segment Reporting

3 Months Ended

Sep. 23, 2018

Segment Reporting [Abstract]

Segment Reporting

(8) Segment Reporting

The Company has three reportable operating segments as determined by management using the “management approach” as defined by the authoritative guidance on Disclosures about Segments of an Enterprise and Related Information: (1) Pizza Inn Franchising, (2) Pie Five Franchising and (3) Company-Owned Restaurants. These segments are a result of differences in the nature of the products and services sold. Corporate administration costs, which include, but are not limited to, general accounting, human resources, legal and credit and collections, are partially allocated to the three operating segments. Other revenue consists of non-recurring items.

The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenue for this segment is derived from franchise royalties, franchise fees, sale of area development and foreign master license rights and incentive payments from third party suppliers and distributors. Assets for this segment include equipment, furniture and fixtures.

The Company-Owned Restaurant segment includes sales and operating results for all Company-owned restaurants. Assets for this segment include equipment, furniture and fixtures for the Company-owned restaurants.

Corporate administration and other assets primarily include cash and short-term investments, as well as furniture and fixtures located at the corporate office and trademarks and other intangible assets. All assets are located within the United States.

Summarized in the following table are net sales and operating revenues, depreciation and amortization expense, income from continuing operations before taxes, capital expenditures and assets for the Company's reportable segments as of the three months ended September 23, 2018 and September 24, 2017 (in thousands):

		Three Months Ended
		September 23,				September 24,
		2018				2017
Net sales and operating revenues:
Pizza Inn Franchising		$	1,904			$	1,774
Pie Five Franchising			963				1,483
Company-Owned Restaurants (Note 1)			114				2,175
Interest income			10				1
Consolidated revenues		$	2,991			$	5,433
Depreciation and amortization:
Pizza Inn Franchising		$	—			$	—
Pie Five Franchising			—				—
Company-Owned Restaurants (Note 1)			31				200
Combined			31				200
Corporate administration and other (Note 2)			108				114
Depreciation and amortization		$	139			$	314
Income/(Loss) from continuing operations before taxes:
Pizza Inn Franchising		$	1,347			$	1,478
Pie Five Franchising			459				1,139
Company-Owned Restaurants (Note 1)			(129	)			(838	)
Combined			1,677				1,779
Corporate administration and other			(1,519	)			(1,898	)
Income/(loss) from continuing operations before taxes		$	158			$	(119	)
Geographic information (revenues):
United States		$	2,894			$	5,355
Foreign countries			97				78
Consolidated total		$	2,991			$	5,433
Notes:
(1) Company stores that were closed are included in discontinued operations in the accompanying Condensed Consolidated Statement of Operations.
(2) Portions of corporate administration and other have been allocated to segments.

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://fasb.org/us-gaap/role/ref/legacyRef
-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