Popeyes Louisiana Kitchen (PLKI) 10-Q 12 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Oct. 05, 2014	Oct. 31, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'POPEYES LOUISIANA KITCHEN, INC.	'
Entity Central Index Key	'0001041379	'
Document Type	'10-Q	'
Document Period End Date	5-Oct-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Current Fiscal Year End Date	'--12-28	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	23,335,001

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$10.20	$9.60
Accounts and current notes receivable, net	8.3	8.9
Other current assets	3.6	9.8
Advertising cooperative assets, restricted	31.5	27.8
Total current assets	53.6	56.1
Long-term assets:	'	'
Property and equipment, net	88.3	77.6
Goodwill	11.1	11.1
Trademarks and other intangible assets, net	94.8	53.4
Other long-term assets, net	1.9	2.3
Total long-term assets	196.1	144.4
Total assets	249.7	200.5
Current liabilities:	'	'
Accounts payable	5.5	8.5
Other current liabilities	8.6	8.1
Current debt maturities	0.3	0.3
Advertising cooperative liabilities	31.5	27.8
Total current liabilities	45.9	44.7
Long-term liabilities:	'	'
Long-term debt	109.7	66.9
Deferred credits and other long-term liabilities	30.7	30.1
Total long-term liabilities	140.4	97
Commitments and contingencies	'	'
Shareholders’ equity:	'	'
Preferred stock ($.01 par value; 2,500,000 shares authorized; 0 shares issued and outstanding)	0	0
Common stock ($.01 par value; 150,000,000 shares authorized; 23,249,120 and 23,784,041 shares issued and outstanding at October 5, 2014 and December 29, 2013, respectively)	0.2	0.2
Capital in excess of par value	52.9	77.9
Accumulated earnings (deficit)	10.5	-18.7
Accumulated other comprehensive loss	-0.2	-0.6
Total shareholders’ equity	63.4	58.8
Total liabilities and shareholders’ equity	$249.70	$200.50

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) (USD $)	Oct. 05, 2014	Dec. 29, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	2,500,000	2,500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	23,249,120	23,784,041
Common stock, shares outstanding (in shares)	23,249,120	23,784,041

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Revenues:	'	'	'	'
Sales by company-operated restaurants	$22.50	$18.60	$74.20	$60
Franchise royalties and fees	30.9	29.2	99.7	93.5
Rent from franchised restaurants	1.5	1.5	4.8	4.1
Total revenues	54.9	49.3	178.7	157.6
Expenses:	'	'	'	'
Restaurant food, beverages and packaging	7.5	6.3	24.4	20
Restaurant employee, occupancy and other expenses	10.6	9	35.2	28.8
General and administrative expenses	17.1	16.2	58.9	55
Occupancy expenses - franchise restaurants	0.7	0.7	2.3	2.6
Depreciation and amortization	2.1	1.6	6.7	4.9
Other expenses (income), net	0.2	0.1	1.7	0.2
Total expenses	38.2	33.9	129.2	111.5
Operating profit	16.7	15.4	49.5	46.1
Interest expense, net	0.8	0.8	2.4	2.8
Income before income taxes	15.9	14.6	47.1	43.3
Income tax expense	6.1	5.6	17.9	16.2
Net income	$9.80	$9	$29.20	$27.10
Earnings per common share, basic:	$0.42	$0.38	$1.25	$1.15
Earnings per common share, diluted:	$0.42	$0.37	$1.23	$1.12
Weighted-average shares outstanding:	'	'	'	'
Basic (in shares)	23.2	23.6	23.4	23.6
Diluted (in shares)	23.5	24.1	23.8	24.1

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$9.80	$9	$29.20	$27.10
Other comprehensive income	'	'	'	'
Net change in fair value of cash flow hedge	0	0.1	0	0.4
Reclassification adjustments for derivative losses included in earnings	'	0	'	'
Other comprehensive income, before income taxes	0.2	0.1	0.6	0.4
Income tax on other comprehensive income	-0.1	-0.1	-0.2	-0.2
Other comprehensive income, net of income taxes	0.1	0	0.4	0.2
Comprehensive income	$9.90	$9	$29.60	$27.30

Condensed_Consolidated_Stateme2

Condensed Consolidated Statement of Changes in Shareholders' Equity (Unaudited) (USD $)	Total	Common Stock	Capital in Excess of Par	Accumulated Deficit	Accumulated Other Comprehensive Loss
In Millions, except Share data, unless otherwise specified
Beginning balance at Dec. 29, 2013	$58.80	$0.20	$77.90	($18.70)	($0.60)
Beginning balance, shares at Dec. 29, 2013	'	23,784,041	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	29.2	'	'	29.2	'
Other comprehensive income, net of income tax	0.4	'	'	'	0.4
Repurchases and retirement of shares	-30	'	-30	'	'
Repurchases and retirement of shares, shares	'	-709,700	'	'	'
Issuance of common stock under stock option plan	1.5	'	1.5	'	'
Issuance of common stock under stock option plan, shares	'	116,396	'	'	'
Issuance of restricted stock awards, net of forfeitures	-1.8	'	-1.8	'	'
Issuance of restricted stock awards, net of forfeitures, shares	'	58,383	'	'	'
Excess tax benefits from stock-based compensation	1.7	'	1.7	'	'
Stock-based compensation expense	3.6	'	3.6	'	'
Ending balance at Oct. 05, 2014	$63.40	$0.20	$52.90	$10.50	($0.20)
Ending balance, shares at Oct. 05, 2014	'	23,249,120	'	'	'

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013
Cash flows provided by (used in) operating activities:	'	'
Net income	$29.20	$27.10
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	6.7	4.9
Asset write-downs	0.2	0.3
Net gain on sale of assets	-0.1	-0.1
Deferred income taxes	-0.1	1.1
Non-cash interest expense, net	0.9	0.3
Excess tax benefits from stock-based payment arrangements	-1.7	-2.4
Stock-based compensation expense	3.6	4.1
Change in operating assets and liabilities:	'	'
Accounts receivable	0.7	-0.6
Other operating assets	7.9	2.6
Accounts payable and other operating liabilities	-1.3	-0.8
Net cash provided by operating activities	46	36.5
Cash flows used in investing activities:	'	'
Capital expenditures	-19.4	-24.5
Purchase of recipes and formulas	-41.8	0
Proceeds from dispositions of property and equipment	0	0.6
Net cash used in investing activities	-61.2	-23.9
Cash flows provided by (used in) financing activities:	'	'
Principal payments — 2010 credit facility (term loan)	0	-5.8
Borrowings under 2013 credit facility	43	0
Share repurchases	-30	-14.9
Proceeds from exercise of employee stock options	1.5	2.3
Excess tax benefits from stock-based payment arrangements	1.7	2.4
Other financing activities, net	-0.4	-0.4
Net cash provided by (used in) financing activities	15.8	-16.4
Net increase (decrease) in cash and cash equivalents	0.6	-3.8
Cash and cash equivalents at beginning of year	9.6	17
Cash and cash equivalents at end of quarter	$10.20	$13.20

Description_of_Business

Description of Business	9 Months Ended
	Oct. 05, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Description of Business	'
	Description of Business
	Popeyes Louisiana Kitchen, Inc. (“PLKI” or the “Company”) develops, operates and franchises quick-service restaurants under the trade names Popeyes ® Chicken & Biscuits and Popeyes ® Louisiana Kitchen (collectively “Popeyes”) in 47 states, the District of Columbia, three territories, and 26 foreign countries.

Other_Current_Assets

Other Current Assets	9 Months Ended
	Oct. 05, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
Other Current Assets	'
	Other Current Assets
	(in millions)	10/5/14		12/29/13
	Prepaid income taxes	$	0.5	$	5.2
	Prepaid expenses and other current assets	3.1		4.6
		$	3.6	$	9.8

Significant_Accounting_Policie

Significant Accounting Policies	9 Months Ended
	Oct. 05, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies	'
	Significant Accounting Policies
	The Company’s significant accounting policies are presented in Note 2 to the Company’s consolidated financial statements for the fiscal year ended December 29, 2013, which are contained in the Company’s 2013 Annual Report on Form 10-K (“2013 Form 10-K”). The significant accounting policies that are most critical and aid in fully understanding and evaluating the reported financial results include the following:
	Basis of Presentation. The accompanying condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, certain information required by generally accepted accounting principles in the United States (“GAAP”) for complete financial statements is not included. The Consolidated Balance Sheet data as of December 29, 2013 that is presented herein was derived from the Company’s audited consolidated financial statements for the fiscal year then ended. The condensed consolidated financial statements as of October 5, 2014, have not been audited by the Company’s independent registered public accountants, but in the opinion of management, they contain all normal recurring adjustments necessary for a fair statement of the Company’s financial condition and results of operations for the interim periods presented. Interim period operating results are not necessarily indicative of the results expected for the full fiscal year. The Company suggests that the accompanying financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the 2013 Form 10-K. Except as disclosed herein, there has been no material change in the information disclosed in the notes to our consolidated financial statements included in the 2013 Form 10-K.
	Use of Estimates. The preparation of condensed consolidated financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities. These estimates affect the disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Accumulated Other Comprehensive Income (Loss).   Comprehensive income is net income plus the change in fair value of the Company’s cash flow hedge plus derivative losses realized in earnings during the period. Amounts included in accumulated other comprehensive income (loss) for the Company’s derivative instruments are recorded net of the related income tax effects.
	As of October 5, 2014, accumulated other comprehensive loss consisted of net unrealized losses on interest rate swap agreements settled in cash. Unrealized derivative gains or losses on terminated swap agreements are amortized as interest expense over the remaining term of the original swap agreement. The Company expects approximately $0.3 million of net pre-tax derivative losses included in accumulated other comprehensive income at October 5, 2014 will be reclassified into earnings within the next six months.
	Reclassifications. The Company has certain non-cash operating and investing activities related to accrued purchases of property and equipment. A revision was made to the condensed consolidated statement of cash flow for the forty week period ended October 6, 2013 which decreased operating cash flows related to the change in accounts payable and other operating liabilities $0.7 million and increased investing cash flows related to capital expenditures $0.7 million. The reclassification in the condensed consolidated statement of cash flows noted above represent errors that are not deemed material, individually or in the aggregate, to the prior period consolidated financial statements.
	In the accompanying condensed consolidated financial statements and in these notes, "Rent from franchised restaurants" and "Occupancy expenses - franchise restaurants" on the condensed consolidated statements of operations were "Rent and other revenues" and "Rent and other occupancy expenses", respectively, in prior years.

Trademarks_and_Other_Intangibl

Trademarks and Other Intangible Assets, Net	9 Months Ended
	Oct. 05, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Trademarks and Other Intangible Assets, Net	'
	Trademarks and Other Intangible Assets, Net
	(in millions)	10/5/14			12/29/13
	Non-amortizable intangible assets:
	Trademarks	$	50		$	50
	Recipes and formulas	41.8			—
	Other	0.6			0.6
		92.4			50.6
	Amortizable intangible assets:
	Re-acquired franchise rights	7.1			7.1
	Accumulated amortization	(4.7		)	(4.3		)
		2.4			2.8
		$	94.8		$	53.4
	In the second quarter, the Company purchased the recipes and formulas (the "formulas") it uses in the preparation of many of its core menu items from Diversified Foods and Seasonings, L.L.C. for $43.0 million. The Company recorded an intangible asset of $41.8 million, net of royalties due under a 2010 Royalty and Supply Agreement ("2010 Agreement") plus transaction costs.
	The formulas were previously licensed to the Company pursuant to the terms of the 2010 Agreement. See Note 10 for further discussion on this commitment.

Other_Current_Liabilities

Other Current Liabilities	9 Months Ended
	Oct. 05, 2014
Other Liabilities Disclosure [Abstract]	'
Other Current Liabilities	'
	Other Current Liabilities
	(In millions)	10/5/14		12/29/13
	Accrued wages, bonuses and severances	$	5.8	$	6
	Other	2.8		2.1
	Other current liabilities	$	8.6	$	8.1

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Oct. 05, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	The following table reflects assets that are measured at fair value on a recurring basis as of October 5, 2014 and December 29, 2013:
	(In millions)	Quoted Prices		Significant		Significant		Carrying
		in		Other		Unobservable		Value
		Active Markets for		Observable		Inputs
		Identical Asset or		Inputs		(Level 3)
		Liability		(Level 2)
		(Level 1)
	5-Oct-14
	Financial Assets
	Cash equivalents	$	9.3	$	—	$	—	$	9.3
	Restricted cash (advertising cooperative assets)	4.3		—		—		4.3
	Total assets at fair value	$	13.6	$	—	$	—	$	13.6
	29-Dec-13
	Financial Assets
	Cash equivalents	$	10.6	$	—	$	—	$	10.6
	Restricted cash (advertising cooperative assets)	4.3		—		—		4.3
	Total assets at fair value	$	14.9	$	—	$	—	$	14.9
	There were no transfers among levels within the fair value hierarchy during the forty weeks ended October 5, 2014.
	At October 5, 2014 and December 29, 2013, the fair value of the Company’s current assets and current liabilities approximates carrying value because of the short-term nature of these instruments.
	The fair value of the Company's long-term debt was approximately $114.8 million and $72.2 million on October 5, 2014 and December 29, 2013, respectively. The carrying value of our long-term debt, as discussed in Note 7, was $110.0 million and $67.2 million on October 5, 2014 and December 29, 2013, respectively. The fair value of each of the Company’s long-term debt instruments is based on the amount of future cash flows associated with each instrument, discounted using the Company’s current borrowing rate for a similar debt instrument of comparable maturity and is considered a Level 2 valuation.

LongTerm_Debt

Long-Term Debt	9 Months Ended
	Oct. 05, 2014
Debt Disclosure [Abstract]	'
Long-Term Debt	'
	Long-term Debt
		10/5/14			12/29/13
	(In millions)
	2013 Credit Facility	$	106		$	63
	Capital lease obligations	2.2			2.2
	Other notes	1.8			2
		110			67.2
	Less current portion	(0.3		)	(0.3		)
	Long-term debt	$	109.7		$	66.9
	2013 Credit Facility. On December 18, 2013, the Company entered into a bank credit facility with a group of lenders consisting of a five year $125.0 million revolving credit facility. The Company drew $63.0 million under the revolving credit facility which was used to retire the Company's 2010 Credit Facility.
	Under the terms of the 2013 Credit Facility, the Company can request additional revolving loan commitments of up to $125.0 million. During the second quarter 2014, the Company increased its revolving credit capacity by $10.0 million, to $135.0 million, and borrowed $43.0 million.
	Under the terms of the revolving credit facility, the Company may obtain other short-term borrowings up to $10.0 million and letters of credit up to $20.0 million. Collectively, these other borrowings and letters of credit may not exceed the amount of unused borrowings under the 2013 Credit Facility. As of October 5, 2014, the Company had $0.4 million of outstanding letters of credit. Availability for short-term borrowings and letters of credit under the revolving credit facility was $28.6 million.
	As of October 5, 2014, the Company was in compliance with the financial and other covenants of the 2013 Credit Facility. The Company’s weighted average interest rate for all outstanding indebtedness under the 2013 Credit Facility was 1.7% as of October 5, 2014.

Deferred_Credits_and_Other_Lon

Deferred Credits and Other Long-Term Liabilities	9 Months Ended
	Oct. 05, 2014
Deferred Credits and Other Long-Term Liabilities [Abstract]	'
Deferred Credits and Other Long-Term Liabilities	'
	Deferred Credits and Other Long-Term Liabilities
	(In millions)	10/5/14		12/29/13
	Deferred franchise revenues	$	4.6	$	3.5
	Deferred gains on unit conversions	0.8		1
	Deferred rentals	6.9		7.4
	Above-market rent obligations	2.5		2.6
	Deferred income taxes	13.8		13.6
	Other	2.1		2
	Deferred credits and other long-term liabilities	$	30.7	$	30.1

Other_Expenses_Income_Net

Other Expenses (Income), Net	9 Months Ended
	Oct. 05, 2014
Other Income and Expenses [Abstract]	'
Other Expenses (Income), Net	'
	Other Expenses (Income), Net
		12 Weeks Ended				40 Weeks Ended
	(in millions)	10/5/14		10/6/13		10/5/14			10/6/13
	Disposals of property and equipment	$	—	$	0.1	$	0.2		$	0.3
	Net gain on sale of assets	—		—		(0.1		)	(0.1		)
	Executive transition expenses	0.2		—		1.6			—
	Other expenses (income), net	$	0.2	$	0.1	$	1.7		$	0.2
	In the forty week period ending October 5, 2014, the Company incurred $1.6 million in other expenses related to executive transition expenses.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 05, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Formula and Supply Agreements with Former Owner. Under a 2010 Royalty and Supply Agreement (the "2010 Agreement") with the estate of Alvin C. Copeland, the founder of Popeyes and the primary owner of Diversified Foods and Seasonings, Inc. ("Diversified"), the Company had the worldwide exclusive rights to the Popeyes recipes and formulas (the "formulas") the Company uses in the preparation on many of its core menu items. The 2010 Agreement required the Company to pay the estate of Mr. Copeland approximately $3.1 million annually until March 2029. Under the 2010 Agreement the Company also purchased certain proprietary spices and other products made exclusively by Diversified.
	On June 16, 2014, the Company purchased the formulas from Diversified Foods and Seasonings, L.L.C., formerly Diversified Foods and Seasonings, Inc., for $43.0 million. In connection with the formula purchase, the Company and Diversified terminated the 2010 Agreement and replaced it with a new 2014 Supply Agreement (the "New Supply Agreement"). The term of the new supply agreement continues until March 2034, unless earlier terminated in accordance with the terms of the agreement. See Note 4 for additional detail.
	Litigation. The Company is a defendant in various legal proceedings arising in the ordinary course of business, including claims resulting from “slip and fall” accidents, employment-related claims, claims from guests or employees alleging illness, injury or other food quality, health or operational concerns and claims related to franchise matters. The Company establishes reserves to provide for the settlement of such matters when payment is probable and reasonably estimable. The Company’s management believes their ultimate resolution will not have a material adverse effect on the Company’s financial condition or its results of operations.
	Insurance Programs. The Company carries property, general liability, business interruption, crime, directors and officers liability, employment practices liability, environmental and workers’ compensation insurance policies which it believes are customary for businesses of its size and type. Pursuant to the terms of their franchise agreements, the Company’s franchisees are also required to maintain certain types and levels of insurance coverage, including commercial general liability insurance, workers’ compensation insurance, all risk property and automobile insurance.
	The Company has established reserves with respect to the programs described above based on the estimated total losses the Company will experience. At October 5, 2014, the Company’s insurance reserves of approximately $0.2 million were collateralized by letters of credit of $0.4 million.

Interest_Expense_Net

Interest Expense, Net	9 Months Ended
	Oct. 05, 2014
Banking and Thrift, Interest [Abstract]	'
Interest Expense, Net	'
	Interest Expense, Net
		12 Weeks Ended						40 Weeks Ended
	(In millions)	10/5/14			10/6/13			10/5/14			10/6/13
	Interest on debt	$	0.4		$	0.6		$	1.1		$	2.1
	Reclassification adjustment for derivative losses	0.2			—			0.6			—
	Amortization and write-offs of debt issuance costs	0.1			0.1			0.3			0.3
	Other debt related charges	0.2			0.2			0.5			0.5
	Interest income	(0.1		)	(0.1		)	$	(0.1	)	(0.1		)
	Interest expense, net	$	0.8		$	0.8		$	2.4		$	2.8
	The decrease in interest expense on debt for the twelve and forty week periods ending October 5, 2014 compared to the prior year is primarily due to the lower effective interest rate under the 2013 Credit Facility.

Income_Taxes

Income Taxes	9 Months Ended
	Oct. 05, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company’s effective tax rates were 38.4% and 38.4% for the twelve week periods ended October 5, 2014 and October 6, 2013, respectively. The Company's effective tax rates were 38.0% and 37.4% for the forty week periods ended October 5, 2014 and October 6, 2013, respectively. Higher state income tax obligations and expiration of certain tax credits have resulted in a higher effective tax rate in 2014. The effective tax rates differ from statutory rates due to adjustments to estimated tax reserves, tax credits and permanent differences between reported income and taxable income for tax purposes.
	As of October 5, 2014 and December 29, 2013, the amount of unrecognized tax benefits were approximately $1.3 million and $1.4 million, respectively, of which approximately $0.3 million and $0.3 million, respectively, if recognized, would affect the effective income tax rate.
	The Company files income tax returns in the United States and various state jurisdictions. The U.S. federal tax years 2011 through 2013 are open to audit. In general, the state tax years open to audit range from 2009 through 2013.

Components_of_Earnings_Per_Com

Components of Earnings Per Common Share Computation	9 Months Ended
	Oct. 05, 2014
Earnings Per Share [Abstract]	'
Components of Earnings Per Common Share Computation	'
	Components of Earnings Per Common Share Computation
	The Company’s basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive common shares include employee stock options, non-vested restricted stock awards and non-vested restricted share units. Performance based awards are included in the average diluted shares outstanding each period if the performance criteria have been met at the end of the respective periods.
	Potentially dilutive shares are excluded from the diluted earnings per share computation in periods in which they have an anti-dilutive effect. There were approximately 0.1 million potentially dilutive shares excluded from the computation of diluted earnings per share for the twelve and forty week periods ended October 5, 2014 and October 6, 2013.
		12 Weeks Ended				40 Weeks Ended
	(In millions)	10/5/14		10/6/13		10/5/14		10/6/13
	Numerator for earnings per share computation:
	Net Income	$	9.8	$	9	$	29.2	$	27.1
	Denominator for basic earnings per share — weighted average shares	23.2		23.6		23.4		23.6
	Dilutive employee stock awards	0.3		0.5		0.4		0.5
	Denominator for diluted earnings per share	23.5		24.1		23.8		24.1

Segment_Information

Segment Information	9 Months Ended
	Oct. 05, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	The Company is engaged in developing, operating and franchising Popeyes Louisiana Kitchen quick-service restaurants. Based on its internal reporting and management structure, the Company has determined that it has two reportable segments: franchise operations and company-operated restaurants. The company-operated restaurant segment derives its revenues from the operation of company owned restaurants. The franchise segment consists of domestic and international franchising activities and derives its revenues principally from (1) ongoing royalty payments that are determined based on a percentage of franchisee sales; (2) franchise fees associated with new restaurant openings; (3) development fees associated with the opening of new franchised restaurants in a given market; and (4) rental income associated with properties leased or subleased to franchisees.
		12 Weeks Ended				40 Weeks Ended
	(In millions)	10/5/14		10/6/13		10/5/14		10/6/13
	Revenues
	Franchise operations	$	32.4	$	30.7	$	104.5	$	97.6
	Company-operated restaurants	22.5		18.6		74.2		60
		$	54.9	$	49.3	$	178.7	$	157.6
	Operating profit
	Franchise operations	$	16.3	$	15	$	47.7	$	43.2
	Company-operated restaurants	2.7		2.1		10.2		8
		19		17.1		57.9		51.2
	Less unallocated expenses
	Depreciation and amortization	2.1		1.6		6.7		4.9
	Other expenses (income), net	0.2		0.1		1.7		0.2
	Operating Profit	16.7		15.4		49.5		46.1
	Interest expense, net	0.8		0.8		2.4		2.8
	Income before income taxes	$	15.9	$	14.6	$	47.1	$	43.3
	Capital expenditures
	Franchise operations	$	1.1	$	3.9	$	5	$	10.7
	Company-operated restaurants	5.4		5		14.4		13.8
		$	6.5	$	8.9	$	19.4	$	24.5

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 05, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation. The accompanying condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, certain information required by generally accepted accounting principles in the United States (“GAAP”) for complete financial statements is not included. The Consolidated Balance Sheet data as of December 29, 2013 that is presented herein was derived from the Company’s audited consolidated financial statements for the fiscal year then ended. The condensed consolidated financial statements as of October 5, 2014, have not been audited by the Company’s independent registered public accountants, but in the opinion of management, they contain all normal recurring adjustments necessary for a fair statement of the Company’s financial condition and results of operations for the interim periods presented. Interim period operating results are not necessarily indicative of the results expected for the full fiscal year. The Company suggests that the accompanying financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the 2013 Form 10-K. Except as disclosed herein, there has been no material change in the information disclosed in the notes to our consolidated financial statements included in the 2013 Form 10-K.
Use of Estimates	'
	Use of Estimates. The preparation of condensed consolidated financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities. These estimates affect the disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Accumulated Other Comprehensive Income (Loss)	'
	Accumulated Other Comprehensive Income (Loss).   Comprehensive income is net income plus the change in fair value of the Company’s cash flow hedge plus derivative losses realized in earnings during the period. Amounts included in accumulated other comprehensive income (loss) for the Company’s derivative instruments are recorded net of the related income tax effects.
Reclassifications	'
	Reclassifications. The Company has certain non-cash operating and investing activities related to accrued purchases of property and equipment. A revision was made to the condensed consolidated statement of cash flow for the forty week period ended October 6, 2013 which decreased operating cash flows related to the change in accounts payable and other operating liabilities $0.7 million and increased investing cash flows related to capital expenditures $0.7 million. The reclassification in the condensed consolidated statement of cash flows noted above represent errors that are not deemed material, individually or in the aggregate, to the prior period consolidated financial statements.

Other_Current_Assets_Tables

Other Current Assets (Tables)	9 Months Ended
	Oct. 05, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
Summary of other current assets	'
	(in millions)	10/5/14		12/29/13
	Prepaid income taxes	$	0.5	$	5.2
	Prepaid expenses and other current assets	3.1		4.6
		$	3.6	$	9.8

Trademarks_and_Other_Intangibl1

Trademarks and Other Intangible Assets, Net (Tables)	9 Months Ended
	Oct. 05, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Trademarks and other intangible assets, net	'
	(in millions)	10/5/14			12/29/13
	Non-amortizable intangible assets:
	Trademarks	$	50		$	50
	Recipes and formulas	41.8			—
	Other	0.6			0.6
		92.4			50.6
	Amortizable intangible assets:
	Re-acquired franchise rights	7.1			7.1
	Accumulated amortization	(4.7		)	(4.3		)
		2.4			2.8
		$	94.8		$	53.4

Other_Current_Liabilities_Tabl

Other Current Liabilities (Tables)	9 Months Ended
	Oct. 05, 2014
Other Liabilities Disclosure [Abstract]	'
Summary of other current liabilities	'
	(In millions)	10/5/14		12/29/13
	Accrued wages, bonuses and severances	$	5.8	$	6
	Other	2.8		2.1
	Other current liabilities	$	8.6	$	8.1

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 05, 2014
Fair Value Disclosures [Abstract]	'
Summary of assets and liabilities that are measured at fair value on a recurring basis	'
	The following table reflects assets that are measured at fair value on a recurring basis as of October 5, 2014 and December 29, 2013:
	(In millions)	Quoted Prices		Significant		Significant		Carrying
		in		Other		Unobservable		Value
		Active Markets for		Observable		Inputs
		Identical Asset or		Inputs		(Level 3)
		Liability		(Level 2)
		(Level 1)
	5-Oct-14
	Financial Assets
	Cash equivalents	$	9.3	$	—	$	—	$	9.3
	Restricted cash (advertising cooperative assets)	4.3		—		—		4.3
	Total assets at fair value	$	13.6	$	—	$	—	$	13.6
	29-Dec-13
	Financial Assets
	Cash equivalents	$	10.6	$	—	$	—	$	10.6
	Restricted cash (advertising cooperative assets)	4.3		—		—		4.3
	Total assets at fair value	$	14.9	$	—	$	—	$	14.9

LongTerm_Debt_Tables

Long-Term Debt (Tables)	9 Months Ended
	Oct. 05, 2014
Debt Disclosure [Abstract]	'
Summary of long-term debt	'
		10/5/14			12/29/13
	(In millions)
	2013 Credit Facility	$	106		$	63
	Capital lease obligations	2.2			2.2
	Other notes	1.8			2
		110			67.2
	Less current portion	(0.3		)	(0.3		)
	Long-term debt	$	109.7		$	66.9

Deferred_Credits_and_Other_Lon1

Deferred Credits and Other Long-Term Liabilities (Tables)	9 Months Ended
	Oct. 05, 2014
Deferred Credits and Other Long-Term Liabilities [Abstract]	'
Deferred Credits and Other Long-Term Liabilities	'
	(In millions)	10/5/14		12/29/13
	Deferred franchise revenues	$	4.6	$	3.5
	Deferred gains on unit conversions	0.8		1
	Deferred rentals	6.9		7.4
	Above-market rent obligations	2.5		2.6
	Deferred income taxes	13.8		13.6
	Other	2.1		2
	Deferred credits and other long-term liabilities	$	30.7	$	30.1

Other_Expenses_Income_Net_Tabl

Other Expenses (Income), Net (Tables)	9 Months Ended
	Oct. 05, 2014
Other Income and Expenses [Abstract]	'
Other Expenses (Income), Net	'
		12 Weeks Ended				40 Weeks Ended
	(in millions)	10/5/14		10/6/13		10/5/14			10/6/13
	Disposals of property and equipment	$	—	$	0.1	$	0.2		$	0.3
	Net gain on sale of assets	—		—		(0.1		)	(0.1		)
	Executive transition expenses	0.2		—		1.6			—
	Other expenses (income), net	$	0.2	$	0.1	$	1.7		$	0.2

Interest_Expense_Net_Tables

Interest Expense, Net (Tables)	9 Months Ended
	Oct. 05, 2014
Banking and Thrift, Interest [Abstract]	'
Interest Expense, Net	'
		12 Weeks Ended						40 Weeks Ended
	(In millions)	10/5/14			10/6/13			10/5/14			10/6/13
	Interest on debt	$	0.4		$	0.6		$	1.1		$	2.1
	Reclassification adjustment for derivative losses	0.2			—			0.6			—
	Amortization and write-offs of debt issuance costs	0.1			0.1			0.3			0.3
	Other debt related charges	0.2			0.2			0.5			0.5
	Interest income	(0.1		)	(0.1		)	$	(0.1	)	(0.1		)
	Interest expense, net	$	0.8		$	0.8		$	2.4		$	2.8

Components_of_Earnings_Per_Com1

Components of Earnings Per Common Share Computation (Tables)	9 Months Ended
	Oct. 05, 2014
Earnings Per Share [Abstract]	'
Summary of computation of earnings per share	'
		12 Weeks Ended				40 Weeks Ended
	(In millions)	10/5/14		10/6/13		10/5/14		10/6/13
	Numerator for earnings per share computation:
	Net Income	$	9.8	$	9	$	29.2	$	27.1
	Denominator for basic earnings per share — weighted average shares	23.2		23.6		23.4		23.6
	Dilutive employee stock awards	0.3		0.5		0.4		0.5
	Denominator for diluted earnings per share	23.5		24.1		23.8		24.1

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Oct. 05, 2014
Segment Reporting [Abstract]	'
Summary of segment information	'
		12 Weeks Ended				40 Weeks Ended
	(In millions)	10/5/14		10/6/13		10/5/14		10/6/13
	Revenues
	Franchise operations	$	32.4	$	30.7	$	104.5	$	97.6
	Company-operated restaurants	22.5		18.6		74.2		60
		$	54.9	$	49.3	$	178.7	$	157.6
	Operating profit
	Franchise operations	$	16.3	$	15	$	47.7	$	43.2
	Company-operated restaurants	2.7		2.1		10.2		8
		19		17.1		57.9		51.2
	Less unallocated expenses
	Depreciation and amortization	2.1		1.6		6.7		4.9
	Other expenses (income), net	0.2		0.1		1.7		0.2
	Operating Profit	16.7		15.4		49.5		46.1
	Interest expense, net	0.8		0.8		2.4		2.8
	Income before income taxes	$	15.9	$	14.6	$	47.1	$	43.3
	Capital expenditures
	Franchise operations	$	1.1	$	3.9	$	5	$	10.7
	Company-operated restaurants	5.4		5		14.4		13.8
		$	6.5	$	8.9	$	19.4	$	24.5

Description_of_Business_Detail

Description of Business (Details)	Oct. 05, 2014
	Country
	Territory
	State
Description of Business (Textual) [Abstract]	'
Number of states, franchises quick-service restaurants	47
Number of territories, franchises quick-service restaurants	3
Number of countries, franchises quick-service restaurants	26

Other_Current_Assets_Details

Other Current Assets (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Summary of other current assets	'	'
Prepaid income taxes	$0.50	$5.20
Prepaid expenses and other current assets	3.1	4.6
Other current assets	$3.60	$9.80

Significant_Accounting_Policie2

Significant Accounting Policies Significant Accounting Policies Textual (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Accounting Policies [Line Items]	'	'	'	'
Decrease to operating cash flows	'	'	$1.30	$0.80
Increase to investing cash flows	6.5	8.9	19.4	24.5
Interest Rate Swap [Member]	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net	-0.3	'	-0.3	'
Scenario, Adjustment [Member]	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'
Decrease to operating cash flows	'	'	0.7	'
Increase to investing cash flows	'	'	$0.70	'

Trademarks_and_Other_Intangibl2

Trademarks and Other Intangible Assets, Net (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Non-amortizable intangible assets:	'	'
Non-amortizable intangible assets	$92.40	$50.60
Amortizable intangible assets:	'	'
Accumulated amortization	-4.7	-4.3
Amortizable intangible assets	2.4	2.8
Trademarks and other intangible assets	94.8	53.4
Trademarks [Member]	'	'
Non-amortizable intangible assets:	'	'
Non-amortizable intangible assets	50	50
Recipes and formulas [Member]	'	'
Non-amortizable intangible assets:	'	'
Non-amortizable intangible assets	41.8	0
Other Intangible Assets [Member]	'	'
Non-amortizable intangible assets:	'	'
Non-amortizable intangible assets	0.6	0.6
Franchise Rights [Member]	'	'
Amortizable intangible assets:	'	'
Re-acquired franchise rights	$7.10	$7.10

Trademarks_and_Other_Intangibl3

Trademarks and Other Intangible Assets, Net (Details Textual) (Recipes and formulas [Member], USD $)	0 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Jun. 16, 2014	Oct. 05, 2014
Recipes and formulas [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Purchase amount of formulas	$43	'
Intangible assets acquired	'	$41.80

Other_Current_Liabilities_Deta

Other Current Liabilities (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Summary of other current liabilities	'	'
Accrued wages, bonuses and severances	$5.80	$6
Other	2.8	2.1
Other current liabilities	$8.60	$8.10

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Financial Assets	'	'
Cash equivalents	$9.30	$10.60
Restricted cash (advertising cooperative assets)	4.3	4.3
Total assets at fair value	13.6	14.9
Quoted Prices in Active Markets for Identical Asset or Liability (Level 1) [Member]	'	'
Financial Assets	'	'
Cash equivalents	9.3	10.6
Restricted cash (advertising cooperative assets)	4.3	4.3
Total assets at fair value	13.6	14.9
Significant Other Observable Inputs (Level 2) [Member]	'	'
Financial Assets	'	'
Cash equivalents	'	'
Restricted cash (advertising cooperative assets)	'	'
Total assets at fair value	'	'
Significant Unobservable Inputs (Level 3) [Member]	'	'
Financial Assets	'	'
Cash equivalents	'	'
Restricted cash (advertising cooperative assets)	'	'
Total assets at fair value	'	'

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details Textual) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Dec. 29, 2013
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]	'	'
Long Term Debt and Other Borrowings	$110	$67.20
Fair Value Measurements (Textual) [Abstract]	'	'
Fair value hierarchy transfers among levels	'There were no transfers among levels within the fair value hierarchy during the forty weeks ended October 5, 2014.	'
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]	'	'
Long Term Debt and Other Borrowings	$114.80	$72.20

LongTerm_Debt_Details

Long-Term Debt (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Summary of long-term debt	'	'
2013 Credit Facility	$106	$63
Capital lease obligations	2.2	2.2
Other notes	1.8	2
Long Term Debt and Other Borrowings	110	67.2
Less current portion	-0.3	-0.3
Long-term debt	$109.70	$66.90

LongTerm_Debt_Details_Textual

Long-Term Debt (Details Textual) (USD $)	0 Months Ended	3 Months Ended
	Dec. 18, 2013	Oct. 05, 2014
Revolving Credit Facility [Member]	'	'
Long-Term Debt (Textual) [Abstract]	'	'
Weighted average interest rate for all outstanding indebtedness	'	1.70%
Revolving Credit Facility [Member] | 2013 Credit Facility [Member]	'	'
Long-Term Debt (Textual) [Abstract]	'	'
Bank credit facility period	'5 years	'
Other short-term borrowings	'	$10,000,000
Outstanding letters of credit	'	400,000
2013 Credit Facility [Member] | Revolving Credit Facility [Member]	'	'
Long-Term Debt (Textual) [Abstract]	'	'
Line of Credit Facility, Maximum Borrowing Capacity	125,000,000	135,000,000
Proceeds from Lines of Credit	63,000,000	43,000,000
Line of Credit Facility, Additional Borrowing Capacity Available	'	10,000,000
Line of Credit Facility, Remaining Borrowing Capacity	'	28,600,000
2013 Credit Facility [Member] | Letter of Credit [Member]	'	'
Long-Term Debt (Textual) [Abstract]	'	'
Line of Credit Facility, Additional Borrowing Capacity Available	'	$20,000,000

Deferred_Credits_and_Other_Lon2

Deferred Credits and Other Long-Term Liabilities (Details) (USD $)	Oct. 05, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Deferred Credits and Other Long-Term Liabilities	'	'
Deferred franchise revenues	$4.60	$3.50
Deferred gains on unit conversions	0.8	1
Deferred rentals	6.9	7.4
Above-market rent obligations	2.5	2.6
Deferred income taxes	13.8	13.6
Other	2.1	2
Deferred credits and other long-term liabilities	$30.70	$30.10

Other_Expenses_Income_Net_Deta

Other Expenses (Income), Net (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Other Expenses (Income), Net	'	'	'	'
Disposals of property and equipment	$0	$0.10	$0.20	$0.30
Net gain on sale of assets	0	0	-0.1	-0.1
Executive transition expenses	0.2	0	1.6	0
Other expenses (income), net	$0.20	$0.10	$1.70	$0.20

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Oct. 05, 2014	Oct. 05, 2014	Jun. 16, 2014	Oct. 05, 2014
In Millions, unless otherwise specified		Letters of credit [Member]	Recipes and formulas [Member]	Formula And Supply Agreements [Member]
Commitments and Contingencies (Textual) [Abstract]	'	'	'	'
Contract obligation	'	'	'	$3.10
Purchase amount of formulas	'	'	43	'
Company's Insurance reserve cash	0.2	'	'	'
Insurance reserves	'	$0.40	'	'

Interest_Expense_Net_Details

Interest Expense, Net (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Interest Expense, Net	'	'	'	'
Interest on debt	$0.40	$0.60	$1.10	$2.10
Interest Expense, Trading Liabilities	0.2	0	0.6	0
Amortization and write-offs of debt issuance costs	0.1	0.1	0.3	0.3
Other debt related charges	0.2	0.2	0.5	0.5
Interest income	-0.1	-0.1	-0.1	-0.1
Interest expense, net	$0.80	$0.80	$2.40	$2.80

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013	Dec. 29, 2013
Income Taxes (Additional Textual) [Abstract]	'	'	'	'	'
Effective tax rates	38.40%	38.40%	38.00%	37.40%	'
Unrecognized tax benefits	$1.30	'	$1.30	'	$1.40
Recognized tax benefits	$0.30	'	$0.30	'	$0.30
U.S. federal tax [Member]	'	'	'	'	'
Income Taxes (Textual) [Abstract]	'	'	'	'	'
Tax years examination	'	'	'2011 through 2013	'	'
State tax [Member]	'	'	'	'	'
Income Taxes (Textual) [Abstract]	'	'	'	'	'
Tax years examination	'	'	'2009 through 2013	'	'
Maximum [Member] | State tax [Member]	'	'	'	'	'
Income Taxes (Textual) [Abstract]	'	'	'	'	'
Tax years examination	'	'	'2012	'	'
Minimum [Member] | State tax [Member]	'	'	'	'	'
Income Taxes (Textual) [Abstract]	'	'	'	'	'
Tax years examination	'	'	'2009	'	'

Components_of_Earnings_Per_Com2

Components of Earnings Per Common Share Computation (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Numerator for earnings per share computation:	'	'	'	'
Net Income	$9.80	$9	$29.20	$27.10
Denominator for basic earnings per share — weighted average shares (in shares)	23.2	23.6	23.4	23.6
Dilutive employee stock awards (in shares)	0.3	0.5	0.4	0.5
Denominator for diluted earnings per share (in shares)	23.5	24.1	23.8	24.1

Components_of_Earnings_Per_Com3

Components of Earnings Per Common Share Computation (Details Textual)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Components of Earnings Per Common Share Computation (Textual) [Abstract]	'	'	'	'
Stock options not included in computation of diluted earnings per share (in shares)	0.1	0.1	0.1	0.1

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 05, 2014	Oct. 06, 2013	Oct. 05, 2014	Oct. 06, 2013
Revenues	'	'	'	'
Total revenue	$54.90	$49.30	$178.70	$157.60
Operating profit	'	'	'	'
Operating profit, gross	19	17.1	57.9	51.2
Less unallocated expenses	'	'	'	'
Depreciation and amortization	2.1	1.6	6.7	4.9
Other expenses (income), net	0.2	0.1	1.7	0.2
Operating profit	16.7	15.4	49.5	46.1
Interest expense, net	0.8	0.8	2.4	2.8
Income before income taxes	15.9	14.6	47.1	43.3
Capital expenditures	'	'	'	'
Capital expenditures	6.5	8.9	19.4	24.5
Franchise operations [Member]	'	'	'	'
Revenues	'	'	'	'
Total revenue	32.4	30.7	104.5	97.6
Operating profit	'	'	'	'
Operating profit, gross	16.3	15	47.7	43.2
Capital expenditures	'	'	'	'
Capital expenditures	1.1	3.9	5	10.7
Company-operated restaurants [Member]	'	'	'	'
Revenues	'	'	'	'
Total revenue	22.5	18.6	74.2	60
Operating profit	'	'	'	'
Operating profit, gross	2.7	2.1	10.2	8
Capital expenditures	'	'	'	'
Capital expenditures	$5.40	$5	$14.40	$13.80

Segment_Information_Details_Te

Segment Information (Details Textual)	3 Months Ended
	Oct. 05, 2014
	Segment
Segment Information (Textual) [Abstract]	'
Number of reportable segments	2