System Optimization Gains, Net (Tables)

9 Months Ended

Sep. 29, 2024

The following is a summary of the disposition activity recorded as a result of our system optimization initiative:


	Three Months Ended				Nine Months Ended
	September 29, 2024		October 1, 2023		September 29, 2024		October 1, 2023
Number of restaurants sold to franchisees	1		—		1		—

Proceeds from sales of restaurants	$	834	$	—	$	834	$	—
Net assets sold (a)	(725)		—		(725)		—
Other	6		—		6		—
	115		—		115		—
Post-closing adjustments on sales of restaurants (b)	440		537		694		537
Gain on sales of restaurants, net	555		537		809		537

Loss on sales of other assets, net (c)	(135)		(417)		(236)		(418)
System optimization gains, net	$	420	$	120	$	573	$	119

_______________

(a)Net assets sold consisted primarily of land.

(b)Represents the recognition of deferred gains as a result of the resolution of certain contingencies related to the extension of lease terms for restaurants previously sold to franchisees.

(c)During the three and nine months ended September 29, 2024, the Company received net cash proceeds of $1,787 and $2,388, respectively, primarily from the sale of surplus and other properties. During the nine months ended October 1, 2023, the Company received net cash proceeds of $280 primarily from the sale of surplus and other properties