| Schedule of segment information |
The following tables present our segment information. | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | 2023 | | 2022 | | 2021 | | Revenues: | | | | | | | | Domestic Company-owned restaurants | | $ | 726,362 | | $ | 708,389 | | $ | 778,323 | | North America franchising | | 144,550 | | 137,399 | | 129,310 | | North America commissaries | | 852,361 | | 869,634 | | 761,305 | | International | | 182,487 | | 158,682 | | 184,099 | | All others | | 229,953 | | 227,999 | | 215,384 | | Total revenues | | $ | 2,135,713 | | $ | 2,102,103 | | $ | 2,068,421 | | | | | | | | | Intersegment revenues: | | | | | | | | North America franchising | | $ | 4,267 | | $ | 4,122 | | $ | 4,179 | | North America commissaries | | 210,614 | | 217,570 | | 215,393 | | | | | | | | | All others | | 66,487 | | 70,283 | | 75,366 | | Total intersegment revenues | | $ | 281,368 | | $ | 291,975 | | $ | 294,938 | | | | | | | | | Depreciation and amortization: | | | | | | | | Domestic Company-owned restaurants | | $ | 14,184 | | $ | 11,495 | | $ | 11,728 | | North America commissaries | | 16,046 | | 13,299 | | 11,974 | | International | | 3,167 | | 1,774 | | 2,326 | | All others | | 15,572 | | 12,681 | | 9,928 | | Unallocated corporate expenses | | 15,121 | | 12,783 | | 12,860 | | Total depreciation and amortization | | $ | 64,090 | | $ | 52,032 | | $ | 48,816 | | | | | | | | | Operating income: | | | | | | | Domestic Company-owned restaurants (a) | | $ | 33,470 | | $ | 15,966 | | $ | 49,628 | | North America franchising | | 133,800 | | 127,882 | | 120,949 | | North America commissaries | | 43,316 | | 42,531 | | 39,873 | International (b) (c) | | 11,766 | | 17,891 | | 34,896 | | All others | | 10,116 | | 10,084 | | 17,704 | | Unallocated corporate expenses (d) | | (85,353) | | (104,419) | | | (94,114) | | | Elimination of intersegment losses (profits) | | 27 | | (905) | | | (695) | | | Total operating income | | $ | 147,142 | | $ | 109,030 | | $ | 168,241 |
______________________________(a) Includes a one-time, non-cash charge of $8.4 million associated with the refranchising of the Company’s ownership interest in a 90-restaurant joint venture, recorded as Refranchising and impairment loss for the year ended December 25, 2022. See “Note 22. Divestitures” for additional information. (b) For the year ended December 31, 2023, International includes the following: •$4.2 million of costs associated with repositioning the UK portfolio as well as transaction costs related to the acquisition of restaurants from franchisees. •$2.2 million of costs related to the Company’s International restructuring plan, comprised of $1.5 million in severance compensation costs and $0.7 million in consulting and professional fees. •$0.9 million one-time non-cash charge related to the reserve of certain accounts receivable related to the conflict in the Middle East. (c) For the year ended December 25, 2022, International includes charges of $3.5 million related to one-time, non-cash reserves for certain accounts receivable and impairments of reacquired franchise rights due to the financial and operational impact of the conflict in Ukraine and $6.1 million of costs associated with the termination of significant franchisees in the UK, including the reserve of certain accounts and notes receivable and operating lease right-of-use assets impairment. See “Note 22. Divestitures” and “Note 10. Allowance for Credit Losses” for additional information. (d) For the year ended December 31, 2023, Unallocated corporate expenses includes $2.0 million of severance and related costs associated with the transition of certain executives and $0.6 million for certain legal settlements. For the year ended December 25, 2022, Unallocated corporate expenses includes $15.0 million for certain legal settlements, $13.9 million of one-time, non-cash reserves of certain notes receivable, and $1.5 million of advisory fees and severance costs associated with the transition of certain executives. | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | 2023 | | 2022 | | 2021 | | Property and equipment, net: | | | | | | | | Domestic Company-owned restaurants | | $ | 257,318 | | $ | 238,658 | | $ | 241,050 | | North America commissaries | | 161,303 | | 149,920 | | 149,218 | | International | | 32,083 | | 16,080 | | 14,642 | | All others | | 138,028 | | 131,210 | | 109,052 | | Unallocated corporate assets | | 253,959 | | 254,425 | | 236,132 | | Accumulated depreciation and amortization | | (559,879) | | | (540,500) | | | (526,238) | | | Property and equipment, net | | $ | 282,812 | | $ | 249,793 | | $ | 223,856 | | | | | | | | | Expenditures for property and equipment: | | | | | | | | Domestic Company-owned restaurants | | $ | 25,016 | | $ | 23,057 | | $ | 16,108 | | North America commissaries | | 10,654 | | 5,729 | | 4,007 | | International | | 6,518 | | 5,175 | | 1,979 | | All others | | 18,664 | | 18,296 | | 18,645 | | Unallocated corporate | | 15,768 | | 26,134 | | 27,820 | | Total expenditures for property and equipment | | $ | 76,620 | | $ | 78,391 | | $ | 68,559 |
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| Schedule of revenue disaggregated by major product line |
In the following tables, revenues are disaggregated by major product line. The tables also include a reconciliation of the disaggregated revenues by the reportable segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Reportable Segments | | (In thousands) | | Year Ended December 31, 2023 | | Major Products/Services Lines | | Domestic Company-owned
restaurants | | North America franchising | | North America
commissaries | | International | | All others | | Total | | Company-owned restaurant sales | | $ | 726,362 | | | $ | — | | | $ | — | | | $ | 34,463 | | | $ | — | | | $ | 760,825 | | | Franchise royalties and fees | | — | | | 148,817 | | | — | | | 50,437 | | | — | | | 199,254 | | | Commissary sales | | — | | | — | | | 1,062,975 | | | 72,287 | | | — | | | 1,135,262 | | | Other revenues | | — | | | — | | | — | | | 25,300 | | | 296,440 | | | 321,740 | | | Eliminations | | — | | | (4,267) | | | (210,614) | | | — | | | (66,487) | | | (281,368) | | | Total segment revenues | | 726,362 | | | 144,550 | | | 852,361 | | | 182,487 | | | 229,953 | | | 2,135,713 | | International other revenues (a) | | — | | | — | | | — | | | (25,300) | | | 25,300 | | | — | | | Total revenues | | $ | 726,362 | | | $ | 144,550 | | | $ | 852,361 | | | $ | 157,187 | | | $ | 255,253 | | | $ | 2,135,713 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Reportable Segments | | (In thousands) | | Year Ended December 25, 2022 | | Major Products/Services Lines | | Domestic Company-owned
restaurants | | North America franchising | | North America
commissaries | | International | | All others | | Total | | Company-owned restaurant sales | | $ | 708,389 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 708,389 | | | Franchise royalties and fees | | — | | | 141,521 | | | — | | | 49,422 | | | — | | | 190,943 | | | Commissary sales | | — | | | — | | | 1,087,204 | | | 80,481 | | | — | | | 1,167,685 | | | Other revenues | | — | | | — | | | — | | | 28,779 | | | 298,282 | | | 327,061 | | | Eliminations | | — | | | (4,122) | | | (217,570) | | | — | | | (70,283) | | | (291,975) | | | Total segment revenues | | 708,389 | | | 137,399 | | | 869,634 | | | 158,682 | | | 227,999 | | | 2,102,103 | | International other revenues (a) | | — | | | — | | | — | | | (28,779) | | | 28,779 | | | — | | | Total revenues | | $ | 708,389 | | | $ | 137,399 | | | $ | 869,634 | | | $ | 129,903 | | | $ | 256,778 | | | $ | 2,102,103 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Reportable Segments | | (In thousands) | | Year Ended December 26, 2021 | | Major Products/Services Lines | | Domestic Company-owned
restaurants | | North America franchising | | North America
commissaries | | International | | All others | | Total | | Company-owned restaurant sales | | $ | 778,323 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 778,323 | | | Franchise royalties and fees | | — | | | 133,489 | | | — | | | 53,148 | | | — | | | 186,637 | | | Commissary sales | | — | | | — | | | 976,698 | | | 97,623 | | | — | | | 1,074,321 | | | Other revenues | | — | | | — | | | — | | | 33,328 | | | 290,750 | | | 324,078 | | | Eliminations | | — | | | (4,179) | | | (215,393) | | | — | | | (75,366) | | | (294,938) | | | Total segment revenues | | 778,323 | | | 129,310 | | | 761,305 | | | 184,099 | | | 215,384 | | | 2,068,421 | | International other revenues (a) | | — | | | — | | | — | | | (33,328) | | | 33,328 | | | — | | | Total revenues | | $ | 778,323 | | | $ | 129,310 | | | $ | 761,305 | | | $ | 150,771 | | | $ | 248,712 | | | $ | 2,068,421 | |
______________________________(a) Other revenues as reported in the Consolidated Statements of Operations include $25.3 million, $28.8 million and $33.3 million of revenue for the years ended December 31, 2023, December 25, 2022, and December 26, 2021 respectively, that are part of the International reporting segment. These amounts include marketing fund contributions and sublease rental income from International franchisees in the UK that provide no significant contribution to income before income taxes but must be reported on a gross basis under accounting requirements. The related expenses for these Other revenues are reported in Other expenses in the Consolidated Statements of Operations.
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