Papa Murphy's 10-Q 2 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Sep. 26, 2016	Oct. 28, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Papa Murphy's Holdings, Inc.
Entity Central Index Key	1,592,379
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 26, 2016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--01-02
Document Fiscal Year Focus	2,016
Amendment Flag	false
Entity Common Stock, Shares Outstanding		16,952,970

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015
Revenues
Franchise royalties	$ 8,834	$ 9,124	$ 28,868	$ 29,557
Franchise and development fees	645	1,123	2,173	3,092
Company-owned store sales	18,705	17,604	58,849	52,927
Other	335	281	1,507	845
Total revenues	28,519	28,132	91,397	86,421
Store operating costs:
Cost of food and packaging	6,488	6,409	20,541	18,942
Compensation and benefits	5,748	4,918	17,058	13,994
Advertising	1,727	1,806	5,790	5,227
Occupancy	1,608	1,210	4,487	3,386
Other store operating costs	2,762	2,061	7,608	5,362
Selling, general, and administrative	6,198	6,038	21,165	21,083
Depreciation and amortization	3,137	2,641	8,767	7,380
Loss on disposal/impairment of property and equipment	160	4	155	66
Total costs and expenses	27,828	25,087	85,571	75,440
Operating Income	691	3,045	5,826	10,981
Interest expense, net	1,201	1,133	3,587	3,406
Loss on impairment of investments	0	0	0	4,500
Other expense, net	41	44	125	90
(Loss) Income Before Income Taxes	(551)	1,868	2,114	2,985
(Benefit from) provision for income taxes	(130)	746	941	1,206
Net (Loss) Income	(421)	1,122	1,173	1,779
Net loss attributable to noncontrolling interests	0	0	0	(500)
Net (Loss) Income Attributable to Papa Murphy’s	$ (421)	$ 1,122	$ 1,173	$ 2,279
(Loss) earnings per share of common stock
Basic earnings (loss) per share (usd per share)	$ (0.03)	$ 0.07	$ 0.07	$ 0.14
Diluted earnings (loss) per share (usd per share)	$ (0.03)	$ 0.07	$ 0.07	$ 0.13
Weighted average common stock outstanding
Basic (in shares)	16,753,292	16,672,327	16,738,151	16,635,400
Diluted (in shares)	16,753,292	16,919,504	16,772,627	16,893,575

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
Current Assets
Cash and cash equivalents	$ 508	$ 6,867
Accounts receivable, net	3,816	4,944
Current portion of notes receivable	88	78
Inventories	964	868
Prepaid expenses and other current assets	5,087	6,139
Total current assets	10,463	18,896
Property and equipment, net	29,878	21,261
Notes receivable, net of current portion	76	143
Goodwill	108,462	106,506
Trade name and trademarks	87,002	87,002
Definite-life intangibles, net	37,614	41,366
Other assets	407	297
Total assets	273,902	275,471
Current Liabilities
Accounts payable	6,023	9,798
Accrued expenses and other current liabilities	7,118	9,756
Current portion of unearned franchise and development fees	1,481	1,795
Current portion of long-term debt	5,079	2,800
Total current liabilities	19,701	24,149
Long-term debt, net of current portion	106,977	108,237
Unearned franchise and development fees, net of current portion	515	540
Deferred tax liability	43,243	42,439
Other long-term liabilities	3,683	2,450
Total liabilities	174,119	177,815
Commitments and contingencies (Note 14)
Stockholders’ Equity
Preferred stock, value issued	0	0
Common stock, value issued	170	169
Additional paid-in capital	119,695	118,842
Stock subscriptions receivable	0	100
Accumulated deficit	(20,082)	(21,255)
Total stockholders’ equity	99,783	97,656
Total liabilities and stockholders’ equity	$ 273,902	$ 275,471

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 26, 2016	Dec. 28, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares issued	0	0
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	16,952,970	16,949,720

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015
Operating Activities
Net income	$ 1,173	$ 1,779
Net loss attributable to noncontrolling interests	0	(500)
Net (Loss) Income Attributable to Papa Murphy’s	1,173	2,279
Adjustments to reconcile to cash from operating activities
Depreciation and amortization	8,767	7,380
Loss on disposal/impairment of property and equipment	(155)	(66)
Non-cash employee equity compensation	660	858
Loss on impairment of cost-method investment	0	4,000
Other non-cash items	240	566
Change in operating assets and liabilities
Accounts receivable	992	2,652
Prepaid expenses and other assets	824	(133)
Unearned franchise and development fees	(339)	(847)
Accounts payable	(2,120)	2,360
Accrued expenses and other liabilities	(1,841)	(212)
Deferred taxes	789	(1,032)
Net cash from operating activities	9,300	17,937
Investing Activities
Acquisition of property and equipment	(14,485)	(5,502)
Acquisition of stores, less cash acquired	(2,455)	(9,524)
Proceeds from sale of stores	136	0
Issuance of notes receivable	0	250
Payments received on notes receivable	57	49
Investment in cost-method investee	0	(500)
Net cash from investing activities	(16,747)	(15,727)
Financing Activities
Payments on long-term debt	3,321	2,100
Advances on revolver, net	4,100	0
Repurchases of common stock	(84)	(10)
Proceeds from exercise of stock options	293	271
Payments received on subscription receivables	100	0
Investment by noncontrolling interest holders	0	56
Net cash from financing activities	1,088	(1,783)
Net change in cash and cash equivalents	(6,359)	427
Cash and Cash Equivalents, beginning of year	6,867	5,056
Cash and Cash Equivalents, end of period	508	5,483
Supplemental Disclosures of Cash Flow Information
Cash paid during the period for interest	3,423	2,516
Cash paid during the period for income taxes	138	2,178
Noncash Supplemental Disclosures of Investing and Financing Activities
Acquisition of property and equipment in accounts payable	$ 1,438	$ 3,206

Description of Business and Bas

Description of Business and Basis of Presentation	9 Months Ended
	Sep. 26, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Description of business Papa Murphy’s Holdings, Inc. (“Papa Murphy’s” or the “Company”), together with its subsidiaries, is a franchisor and operator of a Take ‘N’ Bake pizza chain. The Company franchises the right to operate Papa Murphy’s Take ‘N’ Bake pizza franchises and operates Papa Murphy’s Take ‘N’ Bake pizza stores owned by the Company. As of September 26, 2016 , the Company had 1,582 stores consisting of 1,541 domestic stores ( 1,375 franchised stores and 166 Company-owned stores) across 38 states, plus 41 franchised stores in Canada and the United Arab Emirates. Substantially all of the Company’s revenues are derived from retail sales of pizza and other food and beverage products to the general public by Company-owned stores and the collection of franchise royalties and fees associated with franchise and development rights. Basis of presentation The accompanying interim unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the “ SEC ”). Accordingly, they do not include all information and footnotes required by generally accepted accounting principles in the United States (“ GAAP ”) for complete financial statements. In the Company’s opinion, all necessary adjustments, consisting of only normal recurring adjustments, have been made for the fair statement of the results of the interim periods presented. The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year. The accompanying interim unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the related notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 28, 2015 . During the three months ended March 28, 2016, the Company early-adopted ASU No. 2016-09, Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ ASU 2016-09 ”). The Company applied the new guidance on a modified retrospective basis through a cumulative-effect adjustment. As a result, changes have been made to the presentation of Stockholders’ Equity in the Condensed Consolidated Balance Sheets as of December 28, 2015 . See Recent Accounting Pronouncements below for additional information. A summary of the changes made to the Condensed Consolidated Balance Sheets as of December 28, 2015 , is included in the following table: (in thousands) As Filed Updated Additional paid-in capital $ 118,801 $ 118,842 Accumulated deficit (21,214 ) (21,255 ) Principles of consolidation The interim unaudited condensed consolidated financial statements include the accounts of Papa Murphy’s Holdings, Inc., its subsidiaries and certain entities which the Company consolidates as variable interest entities (“ VIE s”). All significant intercompany transactions and balances have been eliminated. Throughout the interim unaudited condensed consolidated financial statements and the related notes thereto, “Papa Murphy’s” and “the Company” refer to Papa Murphy’s Holdings, Inc. and its consolidated subsidiaries. Fiscal year The Company uses a 52- or 53-week fiscal year, ending on the Monday nearest to December 31. Fiscal year 2016 is a 53-week year and 2015 was a 52-week year. All three month periods presented herein contain 13 weeks. All references to years and quarters relate to fiscal periods rather than calendar periods. References to 2016 and 2015 are references to fiscal years ending January 2, 2017 and ended December 28, 2015 , respectively. Accounting Pronouncements Recently Adopted In March 2016, the Financial Accounting Standards Board (“ FASB ”) issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718) (“ ASU 2016-09 ”), which simplifies several aspects of the accounting for share-based payment awards to employees, including the accounting for income taxes, forfeitures, statutory tax withholding requirements, and classification in the statement of cash flows. The effective date for ASU 2016-09 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted in any annual or interim period for which financial statements have not yet been issued. All amendments in ASU 2016-09 that apply must be adopted in the same period. The Company early-adopted ASU 2016-09 at the beginning of fiscal year 2016. As permitted under ASU 2016-09 , the Company has elected to account for forfeitures in compensation cost when they occur in order to ease the administrative burden of estimating forfeitures. The effect of adopting ASU 2016-09 is reflected in Stockholders’ Equity in the Condensed Consolidated Balance Sheets on a modified retrospective basis through a cumulative-effect adjustment. See Basis of Presentation above for additional information. Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ ASU 2014-09 ”), a new standard to achieve a consistent application of revenue recognition within the U.S., resulting in a single revenue model to be applied by reporting companies under GAAP. The original effective date for ASU 2014-09 would have required adoption by the Company in the first quarter of fiscal 2017 with early adoption prohibited. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606) - Deferral of the Effective Date , which defers the effective date of ASU 2014-09 for one year and permits early adoption in accordance with the original effective date of ASU 2014-09 . In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) which is an amendment to the new revenue recognition standard on assessing whether an entity is a principal or an agent in a revenue transaction. This amendment addresses implementation issues that were discussed by the Revenue Recognition Transition Resource Group to clarify the principal versus agent assessment and lead to more consistent application. This new standard has the same effective date and transition requirements as ASU 2014-09 . The new revenue standard is required to be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the standard recognized at the date of initial application. The Company has not yet selected a transition method. The Company is continuing to evaluate the impact the adoption of this standard will have on the recognition of revenue. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ ASU 2016-02 ”). This update requires that lessees recognize assets and liabilities on the balance sheet for the rights and obligations created by all leases with terms of more than twelve months. ASU 2016-02 also will require disclosures designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include both qualitative and quantitative information. The effective date for ASU 2016-02 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company is still evaluating the impact of ASU 2016-02 on its financial position and results of operations. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 320) (“ ASU 2016-15 ”). This update clarifies the presentation of certain cash receipts and cash payments in the statement of cash flows. The effective date for ASU 2016-15 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, with early adoption permitted. The Company is still evaluating the impact of ASU 2016-15 on its consolidated statements of cash flows.

Acquisitions (Notes)

Acquisitions (Notes)	9 Months Ended
	Sep. 26, 2016
Acquisitions [Abstract]
Business Combination Disclosure [Text Block]	On April 11, 2016, Papa Murphy’s Company Stores, Inc., a wholly owned subsidiary of the Company, acquired certain assets used in the operation of nine Papa Murphy’s stores in the Joplin, Missouri, and Fort Smith, Arkansas, areas from a franchise owner. The total consideration paid of approximately $2.9 million was funded through existing cash, $0.5 million in insurance proceeds and advances on the Company's Senior Credit Facility (see Note 8 — Financing Arrangements ). The fair values of the assets acquired are summarized below (in thousands): Cash and cash equivalents $ 4 Inventory 23 Prepaid expenses and other current assets 22 Property and equipment 503 Asset retirement obligations (59 ) Total identifiable net assets acquired 493 Goodwill 1,956 Total net assets acquired 2,449 Dispute settlement 500 Total consideration $ 2,949 Goodwill represents the excess of the purchase price over the net tangible and intangible assets acquired and is expected to be fully deductible for income tax purposes. This goodwill is primarily attributable to the acquired customer bases and, to a lesser extent, economies of scale expected from combining the operations of the acquired stores with the existing operations of the Company. The pro forma effects of this acquisition and the operating results of the acquired stores are not presented because the effects were not material to reported results.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	9 Months Ended
	Sep. 26, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets	Prepaid expenses and other current assets consist of the following: (in thousands) September 26, 2016 December 28, 2015 Prepaid media production costs $ 44 $ 352 Prepaid software and services 840 464 Prepaid rents 615 477 Prepaid insurance 126 602 Taxes receivable 2,858 2,872 POS software licenses for resale — 660 Assets held for sale 333 605 Advertising cooperative assets, restricted 201 26 Other 70 81 Total prepaid expenses and other current assets $ 5,087 $ 6,139 The Company recognizes software license revenue upon the resale of Point of Sale (“ POS ”) software licenses to franchise owners at cost. The income from the sale is included in Other revenues and the related expense is recorded in Selling, general, and administrative costs on the Condensed Consolidated Statements of Net Income (Loss) . POS software license revenue during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 POS software license revenue $ — $ 258 $ 657 $ 559

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 26, 2016
Property, Plant and Equipment [Abstract]
Property and equipment	Property and equipment are net of accumulated depreciation of $15.5 million and $13.8 million at September 26, 2016 , and December 28, 2015 , respectively. Depreciation expense during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Depreciation expense $ 1,907 $ 1,288 $ 5,015 $ 3,367

Goodwill (Notes)

Goodwill (Notes)	9 Months Ended
	Sep. 26, 2016
Goodwill [Abstract]
Goodwill	The following summarizes changes to the Company’s goodwill, by reportable segment: (in thousands) Domestic Company Stores Domestic Franchise Total Balance at December 28, 2015 $ 24,960 $ 81,546 $ 106,506 Acquisitions 1,956 — 1,956 Balance at September 26, 2016 $ 26,916 $ 81,546 $ 108,462 There is no goodwill associated with the International Segment. The Company has determined that during the three months ended September 26, 2016 , there were no triggering events that would require an updated impairment review.

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 26, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets	Intangible assets are net of accumulated amortization of $25.4 million and $23.0 million as of September 26, 2016 , and December 28, 2015 , respectively. Amortization expense during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Amortization expense $ 1,230 $ 1,353 $ 3,752 $ 4,013

Receivables

Receivables	9 Months Ended
	Sep. 26, 2016
Receivables [Abstract]
Notes receivable	Notes Receivable Notes receivable consist of a note maturing in 2020 that is collateralized by store assets. Changes in the account balance represent amortization payments collected pursuant to the terms of the note. Accounts Receivable The Company’s allowance for doubtful accounts is as follows: (in thousands) September 26, 2016 December 28, 2015 Allowance for doubtful accounts $ 36 $ 31

Financing Arrangements

Financing Arrangements	9 Months Ended
	Sep. 26, 2016
Debt Disclosure [Abstract]
Financing arrangements	Long-term debt consists of the following: (in thousands) September 26, 2016 December 28, 2015 Term loan $ 105,879 $ 109,200 Revolving line of credit 4,100 — Notes payable 3,000 3,000 Total principal amount of long-term debt 112,979 112,200 Unamortized debt issuance costs (923 ) (1,163 ) Total long-term debt 112,056 111,037 Less current portion (5,079 ) (2,800 ) Total long-term debt, net of current portion $ 106,977 $ 108,237 Senior secured credit facility On August 28, 2014, PMI Holdings, Inc., a wholly-owned subsidiary of Papa Murphy’s Holdings, Inc., entered into a $132.0 million senior secured credit facility (the “ Senior Credit Facility ”) consisting of a $112.0 million term loan and a $20.0 million revolving credit facility, which includes a $2.5 million letter of credit subfacility and a $1.0 million swing-line loan subfacility. The term loan and any loans made under the revolving credit facility mature in August 2019 . As of September 26, 2016 , $105.0 million of the term loan was subject to the LIBOR rate option at 3.77% , and the remaining $0.9 million was subject to the base rate option at 5.75% . As of September 26, 2016 , the revolving credit facility was subject to the LIBOR rate option at 3.77% . With a maturity date of over one year from September 26, 2016 , balances outstanding under the Senior Credit Facility are classified as non-current on the Condensed Consolidated Balance Sheets , except for mandatory, minimum term loan amortization payments of $1.4 million due on the last day of each fiscal quarter. A portion of the Company’s future term loan amortization payments have been made in advance of their due dates. The weighted average interest rate for all borrowings under our Senior Credit Facility for the third quarter of 2016 was 3.75% . Notes payable Papa Murphy’s Company Stores, Inc., a wholly owned subsidiary of Papa Murphy’s Holdings, Inc., has a $3.0 million note payable which bears interest at 5% and matures in December 2018 . This note is subordinated to the Senior Credit Facility .

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 26, 2016
Fair Value Disclosures [Abstract]
Fair value measurement	The Company determines the fair value of assets and liabilities based on the price that would be received to sell the asset or paid to transfer the liability to a market participant. GAAP defines a fair value hierarchy that prioritizes the assumptions used to measure fair value. The three levels of the fair value hierarchy are defined as follows: ▪ Level 1 — Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. ▪ Level 2 — Observable inputs other than prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated with observable market data. ▪ Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies, and similar techniques that use significant unobservable inputs. The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis: September 26, 2016 December 28, 2015 (in thousands) Carrying Value Fair Value Carrying Value Fair Value Fair Value Measurement Financial assets Notes receivable (1) $ 164 $ 165 $ 221 $ 224 Level 3 (1) The fair value of notes receivable was estimated primarily using a discounted cash flow method based on a discount rate, reflecting the applicable credit spread. Financial instruments not included in the table above consist of cash and cash equivalents, accounts receivable, accounts payable, and long-term debt. The fair values of cash and cash equivalents, accounts receivable, and accounts payable approximate carrying value because of the short-term nature of the accounts. The fair value of long-term debt approximates carrying value because the borrowings are made with variable market rates and negotiated terms and conditions that are consistent with current market rates.

Accrued and Other Liabilities

Accrued and Other Liabilities	9 Months Ended
	Sep. 26, 2016
Payables and Accruals [Abstract]
Accrued and other liabilities	Accrued expenses and other current liabilities consist of the following: (in thousands) September 26, 2016 December 28, 2015 Accrued compensation and related costs $ 2,301 $ 3,699 Gift cards payable 2,171 2,902 Accrued interest and non-income taxes payable 682 855 Convention fund balance 993 626 Unearned product rebates 162 922 Advertising cooperative liabilities 309 137 Other 500 615 Total accrued expenses and other current liabilities $ 7,118 $ 9,756

Income Taxes

Income Taxes	9 Months Ended
	Sep. 26, 2016
Income Tax Disclosure [Abstract]
Income taxes	Information on the Company’s income taxes for the periods reported is as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 (Benefit from) provision for income taxes $ (130 ) $ 746 $ 941 $ 1,206 (Loss) income before income taxes (551 ) 1,868 2,114 2,985 Effective income tax rate 23.6 % 39.9 % 44.5 % 40.4 % The effective income tax rate for the three months ended September 26, 2016 , and September 28, 2015 , includes the effect of certain permanent adjustments arising from differences between U.S. GAAP and U.S. federal and state income tax law and the relative impact of those adjustments on a small quarterly (Loss) income before income taxes . The effective income tax rate for the nine months ended September 26, 2016 , includes the effect of an adjustment for a tax benefit shortfall created by share-based payments at settlement that were made during the period. The effective income tax rate for the nine months ended September 28, 2015 , includes the effect of a discrete adjustment for the cumulative share-based compensation expense adjustment for certain awards previously considered unlikely to vest.

Share-based Compensation

Share-based Compensation	9 Months Ended
	Sep. 26, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	In May 2010, the Company’s Board of Directors approved the 2010 Amended Management Incentive Plan (the “ 2010 Plan ”). In May 2014, the Company’s Board of Directors adopted the 2014 Equity Incentive Plan (the “ 2014 Plan ,” and together with the 2010 Plan , the “ Incentive Plans ”). The Incentive Plans reserve 2,116,747 common shares for equity incentive awards consisting of incentive stock options, non-qualified stock options, restricted stock awards, and unrestricted stock awards. Equity incentive awards may be issued from either the 2014 Plan or the 2010 Plan . Under the Incentive Plans , there are 557,984 and 584,017 shares of restricted common stock awarded to eligible employees as of September 26, 2016 , and December 28, 2015 , respectively. In addition, there are 1,201,239 and 1,076,555 stock options issued to eligible employees under the Incentive Plans as of September 26, 2016 , and December 28, 2015 , respectively. During the three months ended March 28, 2016, the Company early adopted ASU 2016-09 . As permitted under ASU 2016-09 , the Company has elected to account for forfeitures in compensation cost when they occur in order to ease the administrative burden of estimating forfeitures. See Recent Accounting Pronouncements in Note 1 — Description of Business and Basis of Presentation for additional information. Restricted common shares Information with respect to restricted stock activity is as follows: Number of Shares of Restricted Common Stock Weighted Average Sale/Grant Date Fair Value Per Share Time Vesting Performance Vesting Unvested, December 28, 2015 49,513 186,515 $ 3.11 Granted 15,000 — 7.90 Vested (16,628 ) — 11.72 Repurchased (15,387 ) (23,007 ) 2.04 Unvested, September 26, 2016 32,498 163,508 $ 2.52 The weighted average fair value of share-based compensation awards granted and the fair values of awards granted and vested during the periods reported were as follows: Three Months Ended Nine Months Ended (in thousands, except per share amounts) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Weighted average grant date fair value per share N/A $ 19.41 $ 7.90 $ 19.05 Total fair value of shares granted N/A $ 60 $ 119 $ 150 Total fair value of shares vested $ 75 $ 86 $ 195 $ 137 Stock options Information with respect to stock option activity is as follows: Number of Shares Subject to Options Weighted Weighted Aggregate Time Vesting Performance Vesting Outstanding, December 28, 2015 841,956 200,481 $ 11.55 Granted 173,450 — 11.04 Exercised (26,644 ) — 11.00 Forfeited (30,944 ) (17,822 ) 11.49 Outstanding, September 26, 2016 957,818 182,659 $ 11.49 8.0 years $ — Exercisable, September 26, 2016 508,449 — $ 11.38 7.6 years $ — Fair value information for options granted and vested and the intrinsic value of options exercised during the periods reported are as follows: Three Months Ended Nine Months Ended (in thousands, except per share amounts) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Weighted average grant date fair value per share N/A N/A $ 3.70 $ 5.41 Total fair value of awards granted N/A N/A $ 642 $ 1,039 Total fair value of awards vested $ 13 $ 23 $ 493 $ 346 Total intrinsic value of options exercised N/A $ 121 $ 25 $ 154 Compensation cost and valuation Total compensation costs recognized in connection with the Incentive Plans during the periods reported were as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Stock compensation expense $ 233 $ 202 $ 660 $ 858 Associated income tax benefits $ 76 $ 64 $ 220 $ 282 As of September 26, 2016 , the total unrecognized stock-based compensation expense was $2.4 million , with $1.8 million associated with time vesting awards and $0.6 million associated with performance vesting awards. The remaining weighted average contractual life for unrecognized stock-based compensation expense was 2.7 years as of September 26, 2016 . The fair value of the stock option awards granted during the periods reported was estimated using the Black-Scholes model with the following weighted-average assumptions: Three Months Ended Nine Months Ended September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Risk free rate N/A N/A 1.8% 1.9% Expected volatility N/A N/A 30.4% 37.9% Expected term N/A N/A 6.3 years 6.3 years Expected dividend yield N/A N/A 0.0% 0.0%

Earnings per Share (EPS)

Earnings per Share (EPS)	9 Months Ended
	Sep. 26, 2016
Earnings Per Share [Abstract]
Earnings per Share (EPS)	The number of shares and earnings per share (“ EPS ”) data for all periods presented are based on the historical weighted-average shares of common stock outstanding. Basic EPS is calculated by dividing income available to common stockholders by the weighted-average number of shares of common stock outstanding during each period. Diluted EPS is calculated using income available to common stockholders divided by diluted weighted-average shares of common stock outstanding during each period, which includes unvested restricted common stock and outstanding stock options. Diluted EPS considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect. The following table sets forth the computations of basic and dilutive EPS : Three Months Ended Nine Months Ended (in thousands, except per share data) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Earnings: Net (loss) income $ (421 ) $ 1,122 $ 1,173 $ 1,779 Less: Net loss attributable to noncontrolling interests — — — 500 Net (loss) income attributable to Papa Murphy’s (421 ) 1,122 1,173 2,279 Shares: Weighted average common shares outstanding 16,753 16,672 16,738 16,635 Dilutive effect of restricted equity awards (1) — 247 34 258 Diluted weighted average number of shares outstanding 16,753 16,920 16,773 16,894 (Loss) earnings per share: Basic (loss) earnings per share $ (0.03 ) $ 0.07 $ 0.07 $ 0.14 Diluted (loss) earnings per share $ (0.03 ) $ 0.07 $ 0.07 $ 0.13 (1) The Company’s potential common stock instruments such as stock options and restricted stock were not included in the computation of diluted EPS for the three months ended September 26, 2016, as the effect of including these shares in the calculation would have been anti-dilutive. For the three months ended September 26, 2016 , and September 28, 2015 , an aggregated total of 1,165,000 shares and 70,000 shares, respectively, have been excluded from the diluted EPS calculation because their effect would have been anti-dilutive. For the nine months ended September 26, 2016 , and September 28, 2015 , an aggregated total of 575,000 shares and 69,000 shares, respectively, have been excluded from the diluted EPS calculation because their effect would have been anti-dilutive.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 26, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Operating lease commitments The Company leases facilities and various office equipment under non-cancelable operating leases which expire through December 2025 . Lease terms for its Company-owned stores are generally for five years with renewal options and generally require the Company to pay a proportionate share of real estate taxes, insurance, common area maintenance, and other operating costs. The Company has entered into operating leases that it has subleased to three franchised stores. These operating leases have minimum base rent terms, contingent rent terms if individual franchised store sales exceed certain levels and have terms expiring on various dates from May 2020 to October 2020 . Lease guarantees The Company is the guarantor for operating leases of 17 franchised stores that have terms expiring on various dates from September 2017 to September 2021 . The obligations from these leases will generally continue to decrease over time as the leases expire. The applicable franchise owners continue to have primary liability for these operating leases. As of September 26, 2016 , the Company does not believe it is probable it would be required to perform under the outstanding guarantees. Legal proceedings The Company is currently subject to litigation with a group of franchise owners. In January 2014, six franchise owner groups claimed that the Company misrepresented sales volumes, made false representations to them and charged excess advertising fees, among other things. The Company engaged in mediation with these franchise owners, which is required under the terms of their franchise agreements, in order to address and resolve their claims, but was unable to reach a settlement agreement. On April 4, 2014, a total of twelve franchise owner groups, including those franchise owners that previously made the allegations described above, filed a lawsuit against the Company in the Superior Court in Clark County, Washington, making essentially the same allegations for violation of the Washington Franchise Investment Protection Act, fraud, negligent misrepresentation and breach of contract and seeking declaratory and injunctive relief, as well as monetary damages. Based on motions filed by the Company in that lawsuit, the court ruled on July 9, 2014 that certain of the plaintiffs’ claims under the anti-fraud and nondisclosure provisions of the Washington Franchise Investment Protection Act should be dismissed and that certain other claims in the case would need to be more specifically alleged. The court also ruled that the six franchise owner groups who had not mediated with the Company prior to filing the lawsuit must mediate with the Company in good faith, and that their claims be stayed until they have completed mediating with the Company in good faith. On June 18, 2014, an additional 16 franchise owner groups, represented by the same counsel as the plaintiffs described above, filed a lawsuit in the Superior Court in Clark County, Washington making essentially the same allegations as made in the lawsuit described above and seeking declaratory and injunctive relief, as well as monetary damages. The court consolidated the two lawsuits into a single case and ordered that the plaintiffs in the new lawsuit, none of whom had mediated with the Company prior to filing the lawsuit, must do so, and that their claims be stayed until they have done so. In October 2014, the Company engaged in mediation with the 22 franchise owner groups who had not previously done so. As a result of that mediation and other efforts since then, the Company has reached resolution with 13 of the franchise owner groups involved in the consolidated lawsuits, and their claims have either been dismissed or dismissal is pending. In addition, some of the claims have been dismissed without prejudice and, as a result, those plaintiffs could refile their claims if various contingencies are not met and the Company therefore provides no assurance that those dismissals will actually occur or remain in effect. In February 2015, the remaining plaintiffs in the consolidated lawsuits filed an amended complaint, removing some claims, amending some claims, adding claims and naming some of the Company’s former and current franchise sales staff as additional individual defendants. In September 2016, the remaining plaintiffs in the consolidated lawsuits filed a motion seeking to further amend their complaint to add a claim under the Washington Consumer Protection Act based on substantially the same allegations as the prior claims, to re-plead claims under the Washington Franchise Investment Protection Act that had previously been dismissed, and to dismiss Dan Harmon as a defendant. As before, the Company believes the allegations in this litigation lack merit and, for those plaintiffs with whom the Company is unable to reach resolution, the Company will continue to vigorously defend its interests, including by asserting a number of affirmative defenses and, where appropriate, counterclaims. The Company provides no assurance that it will be successful in its defense of these lawsuits; however, it does not currently expect the cost of resolving them to have a material adverse effect on its consolidated financial position, results of operations, or cash flows. The Company is also currently named as a defendant in a putative class action lawsuit filed by plaintiff John Lennartson on May 8, 2015, in the United States District Court for the Western District of Washington. The lawsuit alleges the Company failed to comply with the requirements of the Telephone Consumer Protection Act (TCPA) when it sent SMS text messages to consumers. The plaintiff in the lawsuit asks that the court certify the putative class and that statutory damages under the TCPA be awarded to plaintiff and each class member. On October 14, 2016, the Federal Communications Commission (FCC) granted the Company a limited waiver from the TCPA’s written consent requirements for certain text messages that the Company sent between October 16, 2013 and October 7, 2015 to individuals who, like the plaintiff, provided written consent prior to October 16, 2013. The Company believes that the FCC’s waiver eliminates the legal basis for the plaintiff’s claim and has filed a motion for summary judgment seeking dismissal. Plaintiff has filed a motion seeking to extend the time to respond to the summary judgment motion on the basis that he intends to appeal the FCC's waiver. While the Company believes the plaintiff’s interpretation of law is incorrect and the claim should be dismissed and it will continue to vigorously defend ourselves in the lawsuit, it provides no assurance that it will be successful in this action. An adverse judgment or settlement related to this lawsuit could have a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows. In addition to the foregoing, the Company is subject to routine legal proceedings, claims, and litigation in the ordinary course of its business. The Company may also engage in future litigation with franchise owners to enforce the terms of franchise agreements and compliance with brand standards as determined necessary to protect the Company’s brand, the consistency of products and the customer experience. Lawsuits require significant management attention and financial resources and the outcome of any litigation is inherently uncertain. The Company does not, however, currently expect that the costs to resolve these routine matters will have a material adverse effect on its consolidated financial position, results of operations, or cash flows.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 26, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Employee loans related to share purchases In connection with share-based compensation, the Company previously made loans to certain non-officer employees of the Company (see Note 12 — Share-based Compensation ). Loans made in connection with the issuance of the Company’s equity are recognized in Stock subscriptions receivable as a reduction of total equity. As of September 26, 2016 , the Company had no outstanding stock subscription receivables. As of December 28, 2015 , the Company had stock subscription receivables of $0.1 million .

Segment Information

Segment Information	9 Months Ended
	Sep. 26, 2016
Segment Reporting [Abstract]
Segment Information	The Company has the following reportable segments: (i) Domestic Franchise; (ii) Domestic Company Stores; and (iii) International. The Domestic Franchise segment includes operations with respect to franchised stores in the United States and derives its revenues primarily from franchise and development fees and franchise royalties from franchised stores in the United States. The Domestic Company Stores segment includes operations with respect to Company-owned stores in the United States and derives its revenues from retail sales of pizza and side items to the general public. The International segment includes operations related to the Company’s operations outside the United States and derives its revenues from franchise and development fees and franchise royalties from franchised stores outside the United States. The following tables summarize information on profit or loss and assets for each of the Company’s reportable segments: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Revenues Domestic Franchise $ 9,725 $ 10,445 $ 32,276 $ 33,258 Domestic Company Stores 18,705 17,604 58,849 52,927 International 89 83 272 236 Total $ 28,519 $ 28,132 $ 91,397 $ 86,421 Segment Operating Income (Loss) Domestic Franchise $ 3,286 $ 4,901 $ 11,567 $ 15,036 Domestic Company Stores (1,648 ) (516 ) (2,456 ) 1,172 International 73 76 199 154 Corporate and unallocated (1,020 ) (1,416 ) (3,484 ) (5,381 ) Total $ 691 $ 3,045 $ 5,826 $ 10,981 Depreciation and amortization Domestic Franchise $ 1,680 $ 1,416 $ 4,748 $ 4,005 Domestic Company Stores 1,449 1,217 3,996 3,352 International 8 8 23 23 Total $ 3,137 $ 2,641 $ 8,767 $ 7,380 (in thousands) September 26, 2016 December 28, 2015 Total Assets Domestic Franchise $ 131,157 $ 139,705 Domestic Company Stores 52,479 45,217 International 380 438 Other (1) 89,886 90,111 Total $ 273,902 $ 275,471 (1) Other assets which are not allocated to the individual segments primarily include trade names and trademarks and taxes receivable.

Description of Business and B22

Description of Business and Basis of Presentation (Policies)	9 Months Ended
	Sep. 26, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation	Basis of presentation The accompanying interim unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the “ SEC ”). Accordingly, they do not include all information and footnotes required by generally accepted accounting principles in the United States (“ GAAP ”) for complete financial statements. In the Company’s opinion, all necessary adjustments, consisting of only normal recurring adjustments, have been made for the fair statement of the results of the interim periods presented. The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year. The accompanying interim unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the related notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 28, 2015 .
Principles of consolidation	Principles of consolidation The interim unaudited condensed consolidated financial statements include the accounts of Papa Murphy’s Holdings, Inc., its subsidiaries and certain entities which the Company consolidates as variable interest entities (“ VIE s”). All significant intercompany transactions and balances have been eliminated. Throughout the interim unaudited condensed consolidated financial statements and the related notes thereto, “Papa Murphy’s” and “the Company” refer to Papa Murphy’s Holdings, Inc. and its consolidated subsidiaries.
Fiscal year	Fiscal year The Company uses a 52- or 53-week fiscal year, ending on the Monday nearest to December 31. Fiscal year 2016 is a 53-week year and 2015 was a 52-week year. All three month periods presented herein contain 13 weeks. All references to years and quarters relate to fiscal periods rather than calendar periods. References to 2016 and 2015 are references to fiscal years ending January 2, 2017 and ended December 28, 2015 , respectively.
New accounting pronouncements	During the three months ended March 28, 2016, the Company early-adopted ASU No. 2016-09, Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ ASU 2016-09 ”). The Company applied the new guidance on a modified retrospective basis through a cumulative-effect adjustment. As a result, changes have been made to the presentation of Stockholders’ Equity in the Condensed Consolidated Balance Sheets as of December 28, 2015 . See Recent Accounting Pronouncements below for additional information. A summary of the changes made to the Condensed Consolidated Balance Sheets as of December 28, 2015 , is included in the following table: (in thousands) As Filed Updated Additional paid-in capital $ 118,801 $ 118,842 Accumulated deficit (21,214 ) (21,255 ) Accounting Pronouncements Recently Adopted In March 2016, the Financial Accounting Standards Board (“ FASB ”) issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718) (“ ASU 2016-09 ”), which simplifies several aspects of the accounting for share-based payment awards to employees, including the accounting for income taxes, forfeitures, statutory tax withholding requirements, and classification in the statement of cash flows. The effective date for ASU 2016-09 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted in any annual or interim period for which financial statements have not yet been issued. All amendments in ASU 2016-09 that apply must be adopted in the same period. The Company early-adopted ASU 2016-09 at the beginning of fiscal year 2016. As permitted under ASU 2016-09 , the Company has elected to account for forfeitures in compensation cost when they occur in order to ease the administrative burden of estimating forfeitures. The effect of adopting ASU 2016-09 is reflected in Stockholders’ Equity in the Condensed Consolidated Balance Sheets on a modified retrospective basis through a cumulative-effect adjustment. See Basis of Presentation above for additional information. Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ ASU 2014-09 ”), a new standard to achieve a consistent application of revenue recognition within the U.S., resulting in a single revenue model to be applied by reporting companies under GAAP. The original effective date for ASU 2014-09 would have required adoption by the Company in the first quarter of fiscal 2017 with early adoption prohibited. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606) - Deferral of the Effective Date , which defers the effective date of ASU 2014-09 for one year and permits early adoption in accordance with the original effective date of ASU 2014-09 . In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) which is an amendment to the new revenue recognition standard on assessing whether an entity is a principal or an agent in a revenue transaction. This amendment addresses implementation issues that were discussed by the Revenue Recognition Transition Resource Group to clarify the principal versus agent assessment and lead to more consistent application. This new standard has the same effective date and transition requirements as ASU 2014-09 . The new revenue standard is required to be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the standard recognized at the date of initial application. The Company has not yet selected a transition method. The Company is continuing to evaluate the impact the adoption of this standard will have on the recognition of revenue. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ ASU 2016-02 ”). This update requires that lessees recognize assets and liabilities on the balance sheet for the rights and obligations created by all leases with terms of more than twelve months. ASU 2016-02 also will require disclosures designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include both qualitative and quantitative information. The effective date for ASU 2016-02 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company is still evaluating the impact of ASU 2016-02 on its financial position and results of operations. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 320) (“ ASU 2016-15 ”). This update clarifies the presentation of certain cash receipts and cash payments in the statement of cash flows. The effective date for ASU 2016-15 is for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, with early adoption permitted. The Company is still evaluating the impact of ASU 2016-15 on its consolidated statements of cash flows.

Description of Business and B23

Description of Business and Basis of Presentation (Tables)	9 Months Ended
	Sep. 26, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of new accounting pronouncements	A summary of the changes made to the Condensed Consolidated Balance Sheets as of December 28, 2015 , is included in the following table: (in thousands) As Filed Updated Additional paid-in capital $ 118,801 $ 118,842 Accumulated deficit (21,214 ) (21,255 )

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 28, 2015
Acquisitions [Abstract]
Schedule of fair value of assets acquired	The fair values of the assets acquired are summarized below (in thousands): Cash and cash equivalents $ 4 Inventory 23 Prepaid expenses and other current assets 22 Property and equipment 503 Asset retirement obligations (59 ) Total identifiable net assets acquired 493 Goodwill 1,956 Total net assets acquired 2,449 Dispute settlement 500 Total consideration $ 2,949

Prepaid Expenses and Other Cu25

Prepaid Expenses and Other Current Assets (Tables)	9 Months Ended
	Sep. 26, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets	Prepaid expenses and other current assets consist of the following: (in thousands) September 26, 2016 December 28, 2015 Prepaid media production costs $ 44 $ 352 Prepaid software and services 840 464 Prepaid rents 615 477 Prepaid insurance 126 602 Taxes receivable 2,858 2,872 POS software licenses for resale — 660 Assets held for sale 333 605 Advertising cooperative assets, restricted 201 26 Other 70 81 Total prepaid expenses and other current assets $ 5,087 $ 6,139
Software license revenue	POS software license revenue during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 POS software license revenue $ — $ 258 $ 657 $ 559

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 26, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense	Depreciation expense during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Depreciation expense $ 1,907 $ 1,288 $ 5,015 $ 3,367

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 26, 2016
Goodwill [Abstract]
Summary of changes to goodwill	(in thousands) Domestic Company Stores Domestic Franchise Total Balance at December 28, 2015 $ 24,960 $ 81,546 $ 106,506 Acquisitions 1,956 — 1,956 Balance at September 26, 2016 $ 26,916 $ 81,546 $ 108,462

Intangible Assets Intangible As

Intangible Assets Intangible Assets (Tables)	9 Months Ended
	Sep. 26, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-lived intangible assets amortization expense	Amortization expense during the periods reported was as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Amortization expense $ 1,230 $ 1,353 $ 3,752 $ 4,013

Receivables (Tables)

Receivables (Tables)	9 Months Ended
	Sep. 26, 2016
Receivables [Abstract]
Allowance for doubtful accounts	The Company’s allowance for doubtful accounts is as follows: (in thousands) September 26, 2016 December 28, 2015 Allowance for doubtful accounts $ 36 $ 31

Financing Arrangements (Tables)

Financing Arrangements (Tables)	9 Months Ended
	Sep. 26, 2016
Debt Disclosure [Abstract]
Long-term debt	Long-term debt consists of the following: (in thousands) September 26, 2016 December 28, 2015 Term loan $ 105,879 $ 109,200 Revolving line of credit 4,100 — Notes payable 3,000 3,000 Total principal amount of long-term debt 112,979 112,200 Unamortized debt issuance costs (923 ) (1,163 ) Total long-term debt 112,056 111,037 Less current portion (5,079 ) (2,800 ) Total long-term debt, net of current portion $ 106,977 $ 108,237

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 26, 2016
Fair Value Disclosures [Abstract]
Fair value	The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis: September 26, 2016 December 28, 2015 (in thousands) Carrying Value Fair Value Carrying Value Fair Value Fair Value Measurement Financial assets Notes receivable (1) $ 164 $ 165 $ 221 $ 224 Level 3 (1) The fair value of notes receivable was estimated primarily using a discounted cash flow method based on a discount rate, reflecting the applicable credit spread.

Accrued and Other Liabilities (

Accrued and Other Liabilities (Tables)	9 Months Ended
	Sep. 26, 2016
Payables and Accruals [Abstract]
Accrued and other liabilities	Accrued expenses and other current liabilities consist of the following: (in thousands) September 26, 2016 December 28, 2015 Accrued compensation and related costs $ 2,301 $ 3,699 Gift cards payable 2,171 2,902 Accrued interest and non-income taxes payable 682 855 Convention fund balance 993 626 Unearned product rebates 162 922 Advertising cooperative liabilities 309 137 Other 500 615 Total accrued expenses and other current liabilities $ 7,118 $ 9,756

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	9 Months Ended
	Sep. 26, 2016
Income Tax Disclosure [Abstract]
Income tax information	Information on the Company’s income taxes for the periods reported is as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 (Benefit from) provision for income taxes $ (130 ) $ 746 $ 941 $ 1,206 (Loss) income before income taxes (551 ) 1,868 2,114 2,985 Effective income tax rate 23.6 % 39.9 % 44.5 % 40.4 %

Share-based Compensation (Table

Share-based Compensation (Tables)	9 Months Ended
	Sep. 26, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of restricted stock activity	Information with respect to restricted stock activity is as follows: Number of Shares of Restricted Common Stock Weighted Average Sale/Grant Date Fair Value Per Share Time Vesting Performance Vesting Unvested, December 28, 2015 49,513 186,515 $ 3.11 Granted 15,000 — 7.90 Vested (16,628 ) — 11.72 Repurchased (15,387 ) (23,007 ) 2.04 Unvested, September 26, 2016 32,498 163,508 $ 2.52 The weighted average fair value of share-based compensation awards granted and the fair values of awards granted and vested during the periods reported were as follows: Three Months Ended Nine Months Ended (in thousands, except per share amounts) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Weighted average grant date fair value per share N/A $ 19.41 $ 7.90 $ 19.05 Total fair value of shares granted N/A $ 60 $ 119 $ 150 Total fair value of shares vested $ 75 $ 86 $ 195 $ 137
Schedule of stock option activity	Information with respect to stock option activity is as follows: Number of Shares Subject to Options Weighted Weighted Aggregate Time Vesting Performance Vesting Outstanding, December 28, 2015 841,956 200,481 $ 11.55 Granted 173,450 — 11.04 Exercised (26,644 ) — 11.00 Forfeited (30,944 ) (17,822 ) 11.49 Outstanding, September 26, 2016 957,818 182,659 $ 11.49 8.0 years $ — Exercisable, September 26, 2016 508,449 — $ 11.38 7.6 years $ —
Schedule of weighted average fair value of share-based compensation awards granted and vested, and the intrinsic value of options exercised	Fair value information for options granted and vested and the intrinsic value of options exercised during the periods reported are as follows: Three Months Ended Nine Months Ended (in thousands, except per share amounts) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Weighted average grant date fair value per share N/A N/A $ 3.70 $ 5.41 Total fair value of awards granted N/A N/A $ 642 $ 1,039 Total fair value of awards vested $ 13 $ 23 $ 493 $ 346 Total intrinsic value of options exercised N/A $ 121 $ 25 $ 154
Schedule of employee service share-based compensation, allocation of recognized period costs	Total compensation costs recognized in connection with the Incentive Plans during the periods reported were as follows: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Stock compensation expense $ 233 $ 202 $ 660 $ 858 Associated income tax benefits $ 76 $ 64 $ 220 $ 282
Schedule of share-based payment award, stock options, valuation assumptions	The fair value of the stock option awards granted during the periods reported was estimated using the Black-Scholes model with the following weighted-average assumptions: Three Months Ended Nine Months Ended September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Risk free rate N/A N/A 1.8% 1.9% Expected volatility N/A N/A 30.4% 37.9% Expected term N/A N/A 6.3 years 6.3 years Expected dividend yield N/A N/A 0.0% 0.0%

Earnings per Share (EPS) (Table

Earnings per Share (EPS) (Tables)	9 Months Ended
	Sep. 26, 2016
Earnings Per Share [Abstract]
Computations of basic and dilutive earnings per share	The following table sets forth the computations of basic and dilutive EPS : Three Months Ended Nine Months Ended (in thousands, except per share data) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Earnings: Net (loss) income $ (421 ) $ 1,122 $ 1,173 $ 1,779 Less: Net loss attributable to noncontrolling interests — — — 500 Net (loss) income attributable to Papa Murphy’s (421 ) 1,122 1,173 2,279 Shares: Weighted average common shares outstanding 16,753 16,672 16,738 16,635 Dilutive effect of restricted equity awards (1) — 247 34 258 Diluted weighted average number of shares outstanding 16,753 16,920 16,773 16,894 (Loss) earnings per share: Basic (loss) earnings per share $ (0.03 ) $ 0.07 $ 0.07 $ 0.14 Diluted (loss) earnings per share $ (0.03 ) $ 0.07 $ 0.07 $ 0.13

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 26, 2016
Segment Reporting [Abstract]
Segment reporting information by segment	The following tables summarize information on profit or loss and assets for each of the Company’s reportable segments: Three Months Ended Nine Months Ended (in thousands) September 26, 2016 September 28, 2015 September 26, 2016 September 28, 2015 Revenues Domestic Franchise $ 9,725 $ 10,445 $ 32,276 $ 33,258 Domestic Company Stores 18,705 17,604 58,849 52,927 International 89 83 272 236 Total $ 28,519 $ 28,132 $ 91,397 $ 86,421 Segment Operating Income (Loss) Domestic Franchise $ 3,286 $ 4,901 $ 11,567 $ 15,036 Domestic Company Stores (1,648 ) (516 ) (2,456 ) 1,172 International 73 76 199 154 Corporate and unallocated (1,020 ) (1,416 ) (3,484 ) (5,381 ) Total $ 691 $ 3,045 $ 5,826 $ 10,981 Depreciation and amortization Domestic Franchise $ 1,680 $ 1,416 $ 4,748 $ 4,005 Domestic Company Stores 1,449 1,217 3,996 3,352 International 8 8 23 23 Total $ 3,137 $ 2,641 $ 8,767 $ 7,380 (in thousands) September 26, 2016 December 28, 2015 Total Assets Domestic Franchise $ 131,157 $ 139,705 Domestic Company Stores 52,479 45,217 International 380 438 Other (1) 89,886 90,111 Total $ 273,902 $ 275,471 (1) Other assets which are not allocated to the individual segments primarily include trade names and trademarks and taxes receivable.

Description of Business and B37

Description of Business and Basis of Presentation - Description of business (Details)	Sep. 26, 2016statestore
Franchisor Disclosure [Line Items]
Number of stores	1,582
Number of states in which the Company operates | state	38
Domestic
Franchisor Disclosure [Line Items]
Number of stores	1,541
Domestic | Franchised stores
Franchisor Disclosure [Line Items]
Number of stores	1,375
Domestic | Company-owned stores
Franchisor Disclosure [Line Items]
Number of stores	166
Canada and the United Arab Emirates | Franchised stores
Franchisor Disclosure [Line Items]
Number of stores	41

Description of Business and B38

Description of Business and Basis of Presentation - Recent accounting pronouncements (Details) - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
New Accounting Pronouncement, Early Adoption [Line Items]
Additional paid-in capital	$ 119,695	$ 118,842
Accumulated deficit	$ (20,082)	(21,255)
As filed | Adjustments for new accounting principle, early adoption
New Accounting Pronouncement, Early Adoption [Line Items]
Additional paid-in capital		118,801
Accumulated deficit		$ (21,214)

Acquisitions Narrative (Details

Acquisitions Narrative (Details) - Series of individually immaterial business acquisitions $ in Thousands	Apr. 11, 2016USD ($)store
Business Acquisition [Line Items]
Total purchase price	$ 2,949
Dispute settlement	$ 500
Papa Murphy's Company Stores, Inc.
Business Acquisition [Line Items]
Stores acquired | store	9
Total purchase price	$ 2,900

Acquisitions Fair value allocat

Acquisitions Fair value allocations (Details) - USD ($) $ in Thousands	Apr. 11, 2016	Sep. 26, 2016	Dec. 28, 2015
Business Acquisition [Line Items]
Goodwill		$ 108,462	$ 106,506
Series of individually immaterial business acquisitions
Business Acquisition [Line Items]
Cash and cash equivalents	$ 4
Inventory	23
Prepaid expenses and other current assets	22
Property and equipment	503
Asset retirement obligations	(59)
Total identifiable net assets acquired	493
Goodwill	1,956
Total net assets acquired	2,449
Dispute settlement	500
Total consideration	$ 2,949

Prepaid Expenses and Other Cu41

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015	Dec. 28, 2015
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid media production costs	$ 44		$ 44		$ 352
Prepaid software and services	840		840		464
Prepaid rents	615		615		477
Prepaid insurance	126		126		602
Taxes receivable	2,858		2,858		2,872
POS software licenses for resale	0		0		660
Assets held for sale	333		333		605
Advertising cooperative assets, restricted	201		201		26
Other	70		70		81
Total prepaid expenses and other current assets	5,087		5,087		$ 6,139
POS Systems
Revenue from External Customer [Line Items]
POS software license revenue	$ 0	$ 258	$ 657	$ 559

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015	Dec. 28, 2015
Property, Plant and Equipment [Abstract]
Accumulated depreciation	$ 15,500		$ 15,500		$ 13,800
Depreciation expense	$ 1,907	$ 1,288	$ 5,015	$ 3,367

Goodwill Schedule of Goodwill (

Goodwill Schedule of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 26, 2016USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 106,506
Acquisitions	1,956
Ending balance	108,462
Domestic Company Stores
Goodwill [Roll Forward]
Beginning balance	24,960
Acquisitions	1,956
Ending balance	26,916
Domestic Franchise
Goodwill [Roll Forward]
Beginning balance	81,546
Acquisitions	0
Ending balance	$ 81,546

Goodwill Narrative (Details)

Goodwill Narrative (Details) - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
Goodwill [Line Items]
Goodwill	$ 108,462	$ 106,506
International
Goodwill [Line Items]
Goodwill	$ 0	$ 0

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015	Dec. 28, 2015
Intangible Assets, Net
Accumulated amortization	$ 25,400		$ 25,400		$ 23,000
Amortization expense	$ 1,230	$ 1,353	$ 3,752	$ 4,013

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
Receivables [Abstract]
Allowance for doubtful accounts	$ 36	$ 31

Financing Arrangements - Sched

Financing Arrangements - Schedule of Long-term debt (Details) - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 112,979	$ 112,200
Unamortized debt issuance costs	(923)	(1,163)
Long-term debt	112,056	111,037
Less current portion	(5,079)	(2,800)
Total long-term debt, net of current portion	106,977	108,237
Secured debt | Term loan
Debt Instrument [Line Items]
Principal amount of long-term debt	105,879	109,200
Secured debt | Revolving credit facility
Debt Instrument [Line Items]
Principal amount of long-term debt	4,100	0
Notes payable
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 3,000	$ 3,000

Financing Arrangements - Narrat

Financing Arrangements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 26, 2016	Sep. 26, 2016	Dec. 28, 2015
Debt Instrument [Line Items]
Long-term Debt	$ 112,056	$ 112,056	$ 111,037
Principal amount of long-term debt	112,979	112,979	112,200
Secured debt | Term loan
Debt Instrument [Line Items]
Principal amount of long-term debt	105,879	105,879	109,200
Secured debt | Revolving credit facility
Debt Instrument [Line Items]
Principal amount of long-term debt	4,100	4,100	0
Notes payable
Debt Instrument [Line Items]
Principal amount of long-term debt	3,000	3,000	$ 3,000
Papa Murphy's Company Stores, Inc. | Notes payable
Debt Instrument [Line Items]
Long-term Debt	$ 3,000	$ 3,000
Interest rate on notes payable	5.00%	5.00%
Senior secured credit facility | PMI Holdings Inc. | Secured debt
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 132,000	$ 132,000
Minimum term loan amortization payments		1,400
Interest rate during period	3.75%
Senior secured credit facility | PMI Holdings Inc. | Secured debt | Term loan
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 112,000	$ 112,000
Maturity date		Aug. 28, 2019
Senior secured credit facility | PMI Holdings Inc. | Secured debt | Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity	20,000	$ 20,000
Senior secured credit facility | PMI Holdings Inc. | Secured debt | Letter of credit subfacility
Debt Instrument [Line Items]
Maximum borrowing capacity	2,500	2,500
Senior secured credit facility | PMI Holdings Inc. | Secured debt | Swing-line loan subfacility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000	$ 1,000
LIBOR rate | Senior secured credit facility | PMI Holdings Inc. | Secured debt | Term loan
Debt Instrument [Line Items]
Interest rate at end of period	3.77%	3.77%
Principal amount of long-term debt	$ 105,000	$ 105,000
LIBOR rate | Senior secured credit facility | PMI Holdings Inc. | Secured debt | Revolving credit facility
Debt Instrument [Line Items]
Interest rate at end of period	3.77%	3.77%
Base rate | Senior secured credit facility | PMI Holdings Inc. | Secured debt | Term loan
Debt Instrument [Line Items]
Interest rate at end of period	5.75%	5.75%
Principal amount of long-term debt	$ 900	$ 900

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Thousands		Sep. 26, 2016	Dec. 28, 2015
Reported value measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes receivable	[1]	$ 164	$ 221
Estimate of fair value measurement | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes receivable	[1]	$ 165	$ 224
[1]	The fair value of notes receivable was estimated primarily using a discounted cash flow method based on a discount rate, reflecting the applicable credit spread.

Accrued and Other Liabilities50

Accrued and Other Liabilities (Details) - USD ($) $ in Thousands	Sep. 26, 2016	Dec. 28, 2015
Payables and Accruals [Abstract]
Accrued compensation and related costs	$ 2,301	$ 3,699
Gift cards payable	2,171	2,902
Accrued interest and non-income taxes payable	682	855
Convention fund balance	993	626
Unearned product rebates	162	922
Advertising cooperative liabilities	309	137
Other	500	615
Accrued and other liabilities	$ 7,118	$ 9,756

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015
Income Tax Disclosure [Abstract]
(Benefit from) provision for income taxes	$ (130)	$ 746	$ 941	$ 1,206
(Loss) income before income taxes	$ (551)	$ 1,868	$ 2,114	$ 2,985
Effective income tax rate	23.60%	39.90%	44.50%	40.40%

Share-based Compensation (Restr

Share-based Compensation (Restricted Common Shares and Stock Options) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015	Dec. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for equity incentive awards	2,116,747		2,116,747
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares issued under plan	557,984		557,984		584,017
Restricted common stock, weighted average sale/grant date fair value (in dollars per share)
Unvested, Beginning balance (usd per share)			$ 3.11
Weighted average grant date fair value per share		$ 19.41	7.90	$ 19.05
Vested (usd per share)			11.72
Repurchased (usd per share)			2.04
Unvested, Ending balance (usd per share)	$ 2.52		2.52
Restricted Stock Grants:
Weighted average grant date fair value per share		$ 19.41	$ 7.90	$ 19.05
Total fair value of shares granted		$ 60	$ 119	$ 150
Total fair value of shares vested	$ 75	86	$ 195	$ 137
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares issued under plan	1,201,239		1,201,239		1,076,555
Stock options outstanding, weighted average exercise price (in dollars per share)
Outstanding, Beginning balance (usd per share)			$ 11.55
Granted (usd per share)			11.04
Exercised (usd per share)			11
Forfeited (usd per share)			11.49
Outstanding, Ending balance (usd per share)	$ 11.49		11.49
Exercisable (usd per share)	$ 11.38		$ 11.38
Stock Option Grants
Weighted Average Remaining Contractual Term, Outstanding			8 years
Weighted Average Remaining Contractual Term, Exercisable			7 years 7 months
Aggregate Intrinsic Value, Outstanding	$ 0		$ 0
Aggregate Intrinsic Value, Exercisable	0		$ 0
Weighted average grant date fair value per share			$ 3.70	$ 5.41
Total fair value of awards granted			$ 642	$ 1,039
Total fair value of awards vested	$ 13	23	493	346
Total intrinsic value of options exercised		$ 121	$ 25	$ 154
Time Vesting | Restricted Stock
Number of shares of restricted common stock, unvested [Roll Forward]
Unvested, Beginning balance (in shares)			49,513
Granted (in shares)			15,000
Vested (in shares)			(16,628)
Repurchased (in shares)			(15,387)
Unvested, Ending balance (in shares)	32,498		32,498
Time Vesting | Stock Option
Number of shares of stock options, outstanding [Roll Forward]
Outstanding, Beginning balance (in shares)			841,956
Granted (in shares)			173,450
Exercised (in shares)			26,644
Forfeited (in shares)			(30,944)
Outstanding, Ending balance (in shares)	957,818		957,818
Exercisable (in shares)	508,449		508,449
Performance Vesting | Restricted Stock
Number of shares of restricted common stock, unvested [Roll Forward]
Unvested, Beginning balance (in shares)			186,515
Granted (in shares)			0
Vested (in shares)			0
Repurchased (in shares)			(23,007)
Unvested, Ending balance (in shares)	163,508		163,508
Performance Vesting | Stock Option
Number of shares of stock options, outstanding [Roll Forward]
Outstanding, Beginning balance (in shares)			200,481
Granted (in shares)			0
Exercised (in shares)			0
Forfeited (in shares)			(17,822)
Outstanding, Ending balance (in shares)	182,659		182,659
Exercisable (in shares)	0		0

Share-based Compensation (Compe

Share-based Compensation (Compensation Cost and Valuation) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense	$ 233	$ 202	$ 660	$ 858
Associated income tax benefits	76	$ 64	220	$ 282
Total unrecognized stock-based compensation expense	2,400		$ 2,400
Compensation not yet recognized, period for recognition			2 years 8 months
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free rate			1.80%	1.90%
Expected volatility			30.40%	37.90%
Expected term			6 years 3 months	6 years 3 months
Expected dividend yield			0.00%	0.00%
Time Vesting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized stock-based compensation expense	1,800		$ 1,800
Performance Vesting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized stock-based compensation expense	$ 600		$ 600

Earnings per Share (EPS) (Detai

Earnings per Share (EPS) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 26, 2016		Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015
Earnings:
Net (loss) income	$ (421)		$ 1,122	$ 1,173	$ 1,779
Shares:
Weighted average common shares outstanding	16,753,292		16,672,327	16,738,151	16,635,400
Dilutive effect of potential common stock	0	[1]	247,177	34,476	258,175
Diluted weighted average number of shares outstanding	16,753,292		16,919,504	16,772,627	16,893,575
(Loss) earnings per share:
Basic (loss) earnings per share	$ (0.03)		$ 0.07	$ 0.07	$ 0.14
Diluted (loss) earnings per share	$ (0.03)		$ 0.07	$ 0.07	$ 0.13
Antidilutive shares excluded from computation of earnings per share	1,165,000		70,000	575,000	69,000
[1]	The Company’s potential common stock instruments such as stock options and restricted stock were not included in the computation of diluted EPS for the three months ended September 26, 2016, as the effect of including these shares in the calculation would have been anti-dilutive.

Commitments and Contingencies (

Commitments and Contingencies (Details)	Jun. 18, 2014plaintiff	Apr. 11, 2014plaintiff	Oct. 31, 2014plaintiff	Jan. 31, 2014plaintiff	Sep. 26, 2016store	Jul. 09, 2014
Loss Contingencies [Line Items]
Lease terms for store units					5 years
Number of store locations					1,582
Guarantor for operating leases | Franchise owner store locations
Loss Contingencies [Line Items]
Number of store locations					17
Guarantor for subleased operating leases | Franchise owner store locations
Loss Contingencies [Line Items]
Number of store locations					3
Litigation with franchise owners
Loss Contingencies [Line Items]
Number of franchise owner groups | plaintiff	16	12	22	6
Number of lawsuits consolidated						2
Resolution | Litigation with franchise owners
Loss Contingencies [Line Items]
Number of franchise owner groups | plaintiff			13

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Sep. 26, 2016	Dec. 28, 2015
Related Party Transaction [Line Items]
Stock subscriptions receivable	$ 0	$ 100,000
Employee loans related to share purchases
Related Party Transaction [Line Items]
Stock subscriptions receivable	$ 0	$ 100,000

Segment Information - Profit o

Segment Information - Profit or Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2016	Sep. 28, 2015	Sep. 26, 2016	Sep. 28, 2015
Segment Reporting Information [Line Items]
Revenues	$ 28,519	$ 28,132	$ 91,397	$ 86,421
Segment Operating Income (Loss)	691	3,045	5,826	10,981
Depreciation and amortization	3,137	2,641	8,767	7,380
Operating Segments
Segment Reporting Information [Line Items]
Revenues	28,519	28,132	91,397	86,421
Segment Operating Income (Loss)	691	3,045	5,826	10,981
Operating Segments | Domestic Franchise
Segment Reporting Information [Line Items]
Revenues	9,725	10,445	32,276	33,258
Segment Operating Income (Loss)	3,286	4,901	11,567	15,036
Depreciation and amortization	1,680	1,416	4,748	4,005
Operating Segments | Domestic Company Stores
Segment Reporting Information [Line Items]
Revenues	18,705	17,604	58,849	52,927
Segment Operating Income (Loss)	(1,648)	(516)	(2,456)	1,172
Depreciation and amortization	1,449	1,217	3,996	3,352
Operating Segments | International
Segment Reporting Information [Line Items]
Revenues	89	83	272	236
Segment Operating Income (Loss)	73	76	199	154
Depreciation and amortization	8	8	23	23
Operating Segments | Corporate and unallocated
Segment Reporting Information [Line Items]
Segment Operating Income (Loss)	$ (1,020)	$ (1,416)	$ (3,484)	$ (5,381)

Segment Information - Assets (

Segment Information - Assets (Details) - USD ($) $ in Thousands		Sep. 26, 2016	Dec. 28, 2015
Segment Reporting Information [Line Items]
Total Assets		$ 273,902	$ 275,471
Operating Segments
Segment Reporting Information [Line Items]
Total Assets		273,902	275,471
Operating Segments | Domestic Franchise
Segment Reporting Information [Line Items]
Total Assets		131,157	139,705
Operating Segments | Domestic Company Stores
Segment Reporting Information [Line Items]
Total Assets		52,479	45,217
Operating Segments | International
Segment Reporting Information [Line Items]
Total Assets		380	438
Operating Segments | Other
Segment Reporting Information [Line Items]
Total Assets	[1]	$ 89,886	$ 90,111
[1]	Other assets which are not allocated to the individual segments primarily include trade names and trademarks and taxes receivable.