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Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Maturities of Long-term Debt [Table Text Block]

Face-value maturities of long-term debt for each of the next five years, assuming the Company's leverage ratio remains less than 5.25x, are as follows:



	(In millions)
2020	$	—
2021	—
2022	—
2023	—
2024	700.0
Thereafter	600.0
Total	$	1,300.0

Schedule of Long-Term Debt Components

Long-term debt consists of the following components:



	2019			2018
	(In millions)
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I	$	700.0		$	—
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II	600.0			—
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2	—			1,283.8
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018	—			25.0
Class A-2-I and A-2-II (2019) and Class A-2 (2018) Note debt issuance costs	(11.8		)	(9.7		)
Long-term debt, net of debt issuance costs	1,288.2			1,299.1
Current portion of long-term debt	—			(25.0		)
Long-term debt	$	1,288.2		$	1,274.1

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 116,043	$ 137,164
Receivables, net	136,869	137,504
Restricted cash	40,732	48,515
Prepaid gift card costs	36,077	38,195
Prepaid income taxes	13,290	17,402
Other current assets	3,906	3,410
Total current assets	346,917	382,190
Other intangible assets, net	575,103	585,889
Operating lease right-of-use assets	366,931
Goodwill	343,862	345,314
Property and equipment, net	216,420	240,264
Long-term receivables, net	85,999	103,102
Deferred rent receivable	70,308	77,069
Non-current restricted cash	15,700	14,700
Other non-current assets, net	28,271	26,152
Total assets	2,049,511	1,774,680
Current liabilities:
Current maturities of long-term debt	0	25,000
Accounts payable	40,925	43,468
Gift card liability	159,019	160,438
Current maturities of operating lease obligations	72,815
Accrued employee compensation and benefits	23,904	27,479
Current maturities of finance lease and financing obligations	13,669	14,031
Dividends payable	11,702	11,389
Deferred franchise revenue, short-term	10,086	10,138
Other accrued expenses	25,792	24,243
Total current liabilities	357,912	316,186
Long-term debt, net, less current maturities	1,288,248	1,274,087
Operating lease obligations, less current maturities	359,025
Finance lease obligations, less current maturities	77,393
Finance lease obligations, less current maturities		87,762
Financing obligations, less current maturities	37,682	38,482
Deferred income taxes, net	98,499	105,816
Deferred franchise revenue, long-term	56,944	64,557
Other non-current liabilities	15,582	90,063
Total liabilities	2,291,285	1,976,953
Commitments and contingencies
Stockholders' deficit:
Preferred Stock, Value, Issued	0	0
Common stock, $0.01 par value; shares: 40,000,000 authorized; 2019 - 24,925,447 issued, 16,521,921 outstanding; 2018 - 24,984,898 issued, 17,644,267 outstanding	249	250
Additional paid-in-capital	246,192	237,726
Retained earnings	61,653	10,414
Accumulated other comprehensive loss	(58)	(60)
Treasury stock, at cost; shares: 2019 - 8,403,526; 2018 - 7,340,631	(549,810)	(450,603)
Total stockholders' deficit	(241,774)	(202,273)
Total liabilities and stockholders' deficit	$ 2,049,511	$ 1,774,680

Consolidated Statements of Stockholders' (Deficit) Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Loss	Treasury Stock
Common stock, shares, outstanding, beginning (in shares) at Dec. 31, 2016		17,970,000
Stockholders' equity, beginning of the period at Dec. 31, 2016	$ 196,141	$ 251	$ 292,809	$ 325,451	$ (107)	$ (422,263)
Treasury stock, shares, beginning (in shares) at Dec. 31, 2016						7,165,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(342,750)			(342,750)
Other comprehensive gain	2				2
Purchase of DineEquity common stock (in shares)		(146,000)				(146,000)
Purchase of Company common stock	$ (10,003)					$ (10,003)
Reissuance of treasury stock (in shares)	281,185	281,000				281,000
Reissuance of treasury stock	$ 2,635		(7,478)			$ 10,113
Net issuance of shares for stock plans (in shares)		(71,000)
Net use of shares for stock plans	0	$ (1)	1
Repurchase of restricted shares (in shares)		(41,000)
Repurchase of restricted shares for taxes	(2,396)		(2,396)
Stock-based compensation	10,783		10,783
Dividends on common stock	(52,234)		407	(52,641)
Dividends declared from additional paid-in capital	(17,718)		(17,718)
Common stock, shares, outstanding, ending (in shares) at Dec. 31, 2017		17,993,000
Stockholders' equity, ending of the period at Dec. 31, 2017	(215,540)	$ 250	276,408	(69,940)	(105)	$ (422,153)
Treasury stock, shares, ending (in shares) at Dec. 31, 2017						7,029,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	80,354			80,354
Other comprehensive gain	45				45
Purchase of DineEquity common stock (in shares)		(479,000)				(479,000)
Purchase of Company common stock	$ (34,929)					$ (34,929)
Reissuance of treasury stock (in shares)	167,396	167,000				167,000
Reissuance of treasury stock	$ 3,928		(2,551)			$ 6,479
Net issuance of shares for stock plans (in shares)		(11,000)
Net use of shares for stock plans	0	$ 0	0
Repurchase of restricted shares (in shares)		(27,000)
Repurchase of restricted shares for taxes	(1,972)		(1,972)
Stock-based compensation	10,546		10,546
Dividends on common stock				0
Dividends declared from additional paid-in capital	$ (44,705)		(44,705)
Common stock, shares, outstanding, ending (in shares) at Dec. 31, 2018	17,644,267	17,644,000
Stockholders' equity, ending of the period at Dec. 31, 2018	$ (202,273)	$ 250	237,726	10,414	(60)	$ (450,603)
Treasury stock, shares, ending (in shares) at Dec. 31, 2018	7,340,631					7,341,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 104,346			104,346
Other comprehensive gain	2				2
Purchase of DineEquity common stock (in shares)		(1,348,000)				(1,348,000)
Purchase of Company common stock	$ (111,697)					$ (111,697)
Reissuance of treasury stock (in shares)	285,302	285,000				285,000
Reissuance of treasury stock	$ 11,969	$ (1)	(520)			$ 12,490
Net issuance of shares for stock plans (in shares)		(30,000)
Net use of shares for stock plans	0
Repurchase of restricted shares (in shares)		(30,000)
Repurchase of restricted shares for taxes	(2,728)		(2,728)
Stock-based compensation	10,808		10,808
Dividends on common stock	(47,095)		982	(48,077)
Dividends declared from additional paid-in capital			0
Other	$ (76)		(76)
Common stock, shares, outstanding, ending (in shares) at Dec. 31, 2019	16,521,921	16,522,000
Stockholders' equity, ending of the period at Dec. 31, 2019	$ (241,774)	$ 249	$ 246,192	$ 61,653	$ (58)	$ (549,810)
Treasury stock, shares, ending (in shares) at Dec. 31, 2019	8,403,526					8,404,000

Revenue Disclosures - Changes in the Company's contract liability for deferred franchise and development fees (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)
Change in Contract with Customer, Liability [Roll Forward]
Balance at December 31, 2018	$ 74,695
Recognized as revenue during the year ended December 31, 2019	(11,350)
Fees deferred during the year ended December 31, 2019	3,685
Balance at December 31, 2019	$ 67,030

Lease Disclosures - Future Minimum Payments to be Received as Lessor Under Noncancelable Direct Financing Leases (Details) $ in Millions	Dec. 31, 2019 USD ($)
Leases [Abstract]
2020	$ 14.6
2021	11.5
2022	8.2
2023	3.6
2024	1.3
Thereafter	2.5
Total minimum rents receivable	41.7
Less: unearned income	7.7
Total net investment in direct financing leases	34.0
Less: current portion	11.0
Long-term investment in direct financing leases	$ 23.0

Basis of Presentation and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies

Principles of Consolidation

The consolidated financial statements include the accounts of Dine Brands Global, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.

Fiscal Periods

The Company has a 52/53 week fiscal year that ends on the Sunday nearest to December 31 of each year. In a 52-week fiscal year, each fiscal quarter contains 13 weeks, comprised of two, four-week fiscal months followed by a five-week fiscal month. In a 53-week fiscal year, the last month of the fourth fiscal quarter contains six weeks. For convenience, the Company refers to its fiscal years as ending on December 31 and its fiscal quarters as ending on March 31, June 30 and September 30. The 2019 fiscal year ended December 29, 2019 and contained 52 weeks. The 2018 fiscal year ended December 30, 2018 and contained 52 weeks. The 2017 fiscal year ended December 31, 2017 and contained 52 weeks.

Use of Estimates

The preparation of financial statements in conformity with United States generally accepted accounting principles (“U.S. GAAP”) requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities, if any, at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates are made in the calculation and assessment of the following: impairment of tangible and intangible assets and goodwill; income taxes; allowance for doubtful accounts and notes receivables; lease accounting estimates; contingencies; and stock-based compensation. On an ongoing basis, the Company evaluates its estimates based on historical experience, current conditions and various other assumptions that are believed to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Actual results could differ from those estimates.

Concentration of Credit Risk

The Company's cash, cash equivalents, restricted cash and accounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents are placed with financial institutions that management believes are creditworthy. The Company does not believe that it is exposed to any significant credit risk on cash, cash equivalents and restricted cash. At times, cash, cash equivalents and restricted cash balances may be in excess of FDIC insurance limits.

Accounts receivable are derived from revenues earned from franchisees and area licensees located primarily in the United States. Financing receivables arise from the financing of restaurant equipment, leases or franchise fees with the Company by IHOP franchisees. The Company is subject to a concentration of credit risk with respect to receivables from franchisees that

own a large number of Applebee's or IHOP restaurants. As of December 31, 2019, there were two franchisees that owned 400 or more restaurants each (one Applebee's franchisee and one franchisee with cross-brand ownership). These franchisees operated 874 Applebee's and IHOP restaurants in the United States, which comprised 26.4% of the total Applebee's and IHOP franchise and area license restaurants in the United States. Revenues from these franchisees represented 17.4%, 19.8%, and 19.3% of total consolidated revenue for the years ended December 31, 2019, 2018 and 2017, respectively. One franchisee represented 10.6% and 11.9% of total consolidated revenue for the years ended December 31, 2019 and 2018, respectively. No single franchisee represented more than 10% of total consolidated revenue for the year ended December 31, 2017. Receivables from these franchisees totaled $14.4 million and $17.5 million at December 31, 2019 and 2018, respectively.

Cash and Cash Equivalents

The Company considers all highly liquid investment securities with remaining maturities at the date of purchase of three months or less to be cash equivalents. These cash equivalents are stated at cost which approximates market value. Cash held related to IHOP advertising funds and the Company's gift card programs is not considered to be restricted cash as there are no restrictions on the use of these funds. Total cash balances related to the IHOP advertising funds and the Company's gift card programs were $56.6 million and $52.2 million as of December 31, 2019 and 2018, respectively.

Restricted Cash

Current

Current restricted cash of $40.7 million at December 31, 2019 consisted of $38.4 million of funds required to be held in trust in connection with the Company's securitized debt and $2.3 million of funds from Applebee's franchisees pursuant to franchise agreements, usage of which was restricted to advertising activities. Current restricted cash of $48.5 million at December 31, 2018 primarily consisted of $42.3 million of funds required to be held in trust in connection with the Company's securitized debt and $6.2 million of funds from Applebee's franchisees pursuant to franchise agreements, usage of which was restricted to advertising activities.

Non-current

Non-current restricted cash of $15.7 million and $14.7 million at December 31, 2019 and 2018, respectively, represents interest reserves required to be set aside for the duration of the securitized debt.

Property and Equipment

Property and equipment are stated at cost, net of accumulated depreciation. Properties under finance leases are stated at the present value of the minimum lease payments. Depreciation is computed using the straight-line method over the estimated useful lives of the assets or remaining useful lives. Leasehold improvements and properties under finance leases are amortized on a straight-line basis over their estimated useful lives or the lease term, if less. The Company has capitalized certain costs incurred in connection with the development of internal-use software which are included in equipment and fixtures in Note 5 - Property and Equipment, of the Notes to the Consolidated Financial Statements and are amortized over the expected useful life of the asset. The general ranges of depreciable and amortizable lives are as follows:



Category		Depreciable Life
Buildings and improvements		25 to 40 years
Leaseholds and improvements		Shorter of primary lease term or between three to 40 years
Equipment and fixtures		Three to five years
Internal-use software		Three to 10 years
Properties under finance leases		Primary lease term or remaining primary lease term

Long-Lived Assets

On a regular basis, the Company assesses whether events or changes in circumstances have occurred that potentially indicate the carrying value of long-lived assets (primarily assets related to property and equipment leased or subleased to franchisees) may not be recoverable. The Company tests impairment using historical cash flows and other relevant facts and circumstances as the primary basis for estimates of future cash flows. The Company considers factors such as the number of years the franchisee's restaurant has been in operation, sales trends, cash flow trends, remaining lease life and other factors which apply on a case-by-case basis. The analysis is performed at the restaurant level for indicators of permanent impairment.

Recoverability of the Company's assets is measured by comparing the assets' carrying value to the undiscounted future cash flows expected to be generated over the assets' remaining useful life or remaining lease term, whichever is less. Total expected undiscounted future cash flows that are less than the carrying amount of the assets is an indicator of impairment. If it is decided that there has been an impairment, the carrying amount of the asset is written down to the estimated fair value as determined in accordance with U.S. GAAP governing fair value measurements. The primary method of estimating fair value is based on a discounted cash flow analysis. Any loss resulting from impairment is recognized as a charge against operations.

See Note 13 - Closure and Other Impairment Charges, of the Notes to the Consolidated Financial Statements for additional information.

Goodwill and Intangible Assets

Goodwill is recorded when the aggregate purchase price of an acquisition exceeds the estimated fair value of the net identified tangible and intangible assets acquired. Intangible assets resulting from an acquisition are accounted for using the purchase method of accounting and are estimated by management based on the fair value of the assets received. The Company's identifiable intangible assets are comprised primarily of the Applebee's tradename and Applebee's franchise agreements. Identifiable intangible assets with finite lives (franchise agreements) are amortized over the period of estimated benefit using the straight-line method and estimated useful lives. Goodwill and intangible assets considered to have an indefinite life (primarily the Applebee's tradename) are not subject to amortization. The determination of indefinite life is subject to reassessment if changes in facts and circumstances indicate the period of benefit has become finite.

Goodwill has been allocated to three reporting units. The significant majority of the Company's goodwill resulted from the November 29, 2007 acquisition of Applebee's and was allocated to the Applebee's franchised restaurants unit (“Applebee's franchise unit”). Smaller amounts of goodwill arising from other business combinations have been allocated to the IHOP franchised restaurants unit (“IHOP franchise unit”) and the Applebee's company restaurants unit (“Applebee's company unit”). See Note 6 - Goodwill, of the Notes to the Consolidated Financial Statements for additional information.

The Company evaluates the goodwill of the Applebee's franchise and company units and the indefinite-lived Applebee's tradename for impairment as of October 31 of each year. The Company evaluates the goodwill of the IHOP franchise unit for impairment as of December 31 of each year. In addition to the annual evaluation for impairment, goodwill and indefinite-lived intangible assets are evaluated more frequently if the Company believes indicators of impairment exist.

When evaluating goodwill and indefinite-lived intangible assets for impairment, under U.S. GAAP, the Company may first perform an assessment of qualitative factors to determine if the fair value of the reporting unit or the intangible asset is more-likely-than-not greater than the carrying amount. Such qualitative factors include, but are not limited to, macro-economic conditions, market and industry conditions, cost considerations, the competitive environment, share price fluctuations, overall financial performance and results of past impairment tests. If, based on a review of the qualitative factors, the Company determines it is more-likely-than-not that the fair value is greater than the carrying value, the Company may bypass a quantitative test for impairment.

In performing the quantitative test for impairment of goodwill, the Company primarily uses the income approach method of valuation that includes the discounted cash flow method and the market approach that includes the guideline public company method. Significant assumptions used to determine fair value under the discounted cash flow method include expected future trends in sales, operating expenses, overhead expenses, capital expenditures and changes in working capital, along with an appropriate discount rate based on the Company's estimated cost of equity capital and after-tax cost of debt. Significant assumptions used to determine fair value under the guideline public company method include the selection of guideline companies and the valuation multiples applied. The Company measures impairment as the excess of a reporting unit's carrying amount over its fair value as determined by the quantitative test described above.

In the process of performing its quantitative impairment review of intangible assets considered to have an indefinite life, the Company primarily uses the relief of royalty method under the income approach method of valuation. Significant assumptions used to determine fair value under the relief of royalty method include future trends in sales, a royalty rate and an appropriate discount rate based on the Company's estimated cost of equity capital and after-tax cost of debt to be applied to the forecast revenue stream.

Revenue Recognition

The Company's revenues are recorded in four categories: franchise operations, rental operations, financing operations and company restaurant operations. Franchise revenue (which comprises most of the Company's revenues) and revenue from company-operated restaurants are recognized in accordance with Accounting Standards Codification 606 - Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, revenue is recognized upon transfer of control of promised services or goods to customers in an amount that reflects the consideration the Company expects to receive for those services or goods. The Company's rental and financing revenues are recognized in accordance with other U.S. GAAP accounting standards and are not subject to ASC 606.

Franchise Revenue

The Company owns and franchises the Applebee’s and IHOP restaurant concepts. The franchise arrangement for both brands is documented in the form of a franchise agreement and, in most cases, a development agreement. The franchise arrangement between the Company as the franchisor and the franchisee as the customer requires the Company to perform various activities to support the brand that do not directly transfer goods and services to the franchisee, but instead represent a single performance obligation, which is the transfer of the franchise license. The intellectual property subject to the franchise license is symbolic intellectual property as it does not have significant standalone functionality, and substantially all the utility is derived from its association with the Company’s past or ongoing activities. The nature of the Company’s promise in granting the franchise license is to provide the franchisee with access to the brand’s symbolic intellectual property over the term of the license. The services provided by the Company are highly interrelated with the franchise license and as such are considered to represent a single performance obligation.

The transaction price in a standard franchise arrangement for both brands primarily consists of (a) initial franchise/development fees; (b) continuing franchise fees (royalties); and (c) advertising fees. Since the Company considers the licensing of the franchising right to be a single performance obligation, no allocation of the transaction price is required. Additionally, all domestic IHOP franchise agreements require franchisees to purchase proprietary pancake and waffle dry mix from the Company.

The Company recognizes the primary components of the transaction price as follows:


•	Franchise and development fees are recognized as revenue ratably on a straight-line basis over the term of the franchise agreement commencing with the restaurant opening date. As these fees are typically received in cash at or near the beginning of the franchise term, the cash received is initially recorded as a contract liability until recognized as revenue over time;

•

The Company is entitled to royalties and advertising fees based on a percentage of the franchisee's gross sales as defined in the franchise agreement. Royalty and advertising revenue are recognized when the franchisee's reported sales occur. Depending on timing within a fiscal period, the recognition of revenue results in either a contract asset (unbilled receivable) or, once billed, accounts receivable, on the balance sheet;


•	Revenue from the sales of proprietary pancake and waffle dry mix is recognized in the period in which distributors ship the franchisee's order; recognition of revenue results in accounts receivable on the balance sheet.

In determining the amount and timing of revenue from contracts with customers, the Company exercises significant judgment with respect to collectibility of the amount; however, the timing of recognition does not require significant judgment as it is based on either the franchise term, the month of sale as reported by the franchisee or the date of product shipment, none of which require estimation.

The Company does not incur a significant amount of contract acquisition costs in conducting its franchising activities. The Company believes its franchising arrangements do not contain a significant financing component.

Any excess or deficiency of advertising fee revenue compared to advertising expenditures, is recognized in the fourth quarter of the Company's fiscal year. Any excess of revenue over expenditures is recognized only to the extent of previously recognized deficits. When advertising revenues exceed the related advertising expenses and there is no recovery of a previously recognized deficit of advertising revenues, advertising costs are accrued up to the amount of revenues.

Company Restaurant Revenue

Company restaurant revenue comprises retail sales at company-operated restaurants. Sales by company-operated restaurants are recognized when food and beverage items are sold. Company restaurant sales are reported net of sales taxes collected from guests that are remitted to the appropriate taxing authorities, with no significant judgments required.

Rental operations revenue includes revenue from operating leases and interest income from direct financing leases. See Basis of Presentation and Summary of Significant Accounting Policies - Leases.

Financing operations revenue consists primarily of interest income from the financing of franchise fees and equipment leases, other notes receivable from franchisees and sales of equipment associated with refranchised IHOP restaurants.

The Company administers gift card programs for Applebee's and IHOP. The Company records a liability in the period in which a gift card is sold and recognizes costs associated with its administration of the gift card programs as prepaid assets when the costs are incurred. The liability and prepaid asset recorded on the Company's books are relieved when gift cards are redeemed. If redemption occurs at a franchisee-operated restaurant, the gift card revenue, net of costs, is remitted to the franchisee. The Company receives gift card breakage revenue only from gift cards redeemed at company-operated restaurants. Breakage revenue for gift cards redeemed at company-operated restaurants for the years ended December 31, 2019, 2018 and 2017 was not material.

Allowance for Credit Losses

The allowance for doubtful accounts is the Company's best estimate of the amount of probable credit losses incurred on existing receivables; however, changes in circumstances relating to receivables may result in changes to the allowance in the future. The Company determines the allowance based on historical experience, current payment patterns, future obligations and the Company's assessment of the franchisee's or area licensee's ability to pay outstanding balances. The primary indicator of credit quality is delinquency, which is considered to be a receivable balance greater than 90 days past due. The Company continually reviews the allowance for doubtful accounts. Past due balances and future obligations are reviewed individually for collectability. Account balances are charged against the allowance after all collection efforts have been exhausted and the potential for recovery is considered remote. Credit losses historically have been within management's estimates. See Newly Issued Accounting Standards Not Yet Adopted.

Leases

The Company accounts for its leasing activities in accordance with accounting guidance for leases, as codified in Accounting Standards Topic 842 (“ASC 842”), adopted as of the beginning of its 2019 fiscal year. In adopting ASC 842, the Company utilized expedients that allowed it to retain the classification, as either an operating lease or a finance lease, that was previously determined under prior accounting guidance for leases. See Accounting Standards Adopted Effective January 1, 2019. The Company reassesses this classification upon renewal, extension or the modification of an existing lease agreement. The Company determines the appropriate classification upon entering into a new contract determined to contain a lease.

Operating lease assets and liabilities are recognized at the lease commencement date, or were recognized upon adoption of ASC 842. Operating lease liabilities represent the present value of lease payments not yet paid. Operating lease assets represent the Company's right to use an underlying asset and are based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, initial direct costs, lease incentives, and impairment of operating lease assets.

The Company's lease agreements generally do not provide information to determine the implicit interest rate in the agreements. This requires the Company to make significant judgments in determining the incremental borrowing rate to be used in calculating operating lease liabilities as of the adoption or commencement date. The Company estimates the incremental borrowing rate primarily by reference to (i) yield rates on debt issuances by companies of a similar credit rating as the Company; (ii) U.S. Treasury rates as of the adoption or commencement date; and (iii) adjustments for differences between these rates and the lease term.

The cost of an operating lease is recognized over the lease term on a straight-line basis. The lease term commences on the date the Company has the right to control the use of the leased property. Certain leases may contain provisions for rent holidays and fixed-step escalations in payments over the base lease term, as well as renewal periods. The effects of the holidays and fixed-step escalations are reflected in rent expense on a straight-line basis over the expected lease term. Differences between amounts paid and amounts expensed are recorded as deferred rent. Certain leases may include rent escalations based on inflation indexes and fair market value adjustments. Certain leases may contain contingent rental provisions that include a fixed

base rent plus an additional percentage of the restaurant’s sales. Subsequent escalations subject to such an index and contingent rental payments are recognized as variable lease expense.

The rental payments or receipts on those property leases that meet the finance lease criteria result in the recognition of interest expense or interest income and a reduction of finance lease obligation or financing lease receivable, respectively. Finance lease obligations are amortized based on the Company's incremental borrowing rate and direct financing leases are amortized using the implicit interest rate.

Pre-opening Expenses

Expenditures related to the opening of new or relocated restaurants are charged to expense when incurred.

Advertising

Advertising fees included as franchise revenue for the years ended December 31, 2019, 2018 and 2017 were $283.0 million, $268.3 million and $234.2 million, respectively.

Advertising expense reflected in the Consolidated Statements of Comprehensive Income (Loss) includes local marketing advertising costs incurred by company-operated restaurants, contributions to the national advertising fund made by Applebee's and IHOP and certain advertising costs incurred by the Company to benefit future franchise operations. Costs of advertising are typically expensed either as incurred or the first time the advertising takes place. Advertising expense included in company restaurant operations for the years ended December 31, 2019, 2018 and 2017 was $6.1 million, $0.3 million, and $0.3 million, respectively.

Fair Value Measurements

The Company determines the fair market values of its financial assets and liabilities, as well as non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis, based on the fair value hierarchy established in U.S. GAAP. As necessary, the Company measures its financial assets and liabilities using inputs from the following three levels of the fair value hierarchy:


•	Level 1 inputs are quoted prices in active markets for identical assets or liabilities.


•	Level 2 inputs are observable for the asset or liability, either directly or indirectly, including quoted prices in active markets for similar assets or liabilities.


•	Level 3 inputs are unobservable and reflect the Company's own assumptions.

The Company does not have a material amount of financial assets or liabilities that are required under U.S. GAAP to be measured at fair value on a recurring basis. None of the Company's non-financial assets or non-financial liabilities is required to be measured at fair value on a recurring basis. Assets recognized or disclosed at fair value in the consolidated financial statements on a nonrecurring basis include items such as property and equipment, operating lease assets, goodwill and other intangible assets, which are measured at fair value if determined to be impaired. The Company has not elected to use fair value measurement for any assets or liabilities for which fair value measurement is not presently required.

The Company believes the fair values of cash equivalents, restricted cash, accounts receivable and accounts payable approximate their carrying amounts due to their short duration.

The fair values of non-current financial instruments, determined based on Level 2 inputs, are shown in the following table:



	December 31, 2019		December 31, 2018
	(In millions)
Face value of Long-term debt	$	1,300.0	$	1,283.8
Fair value of Long-term debt	$	1,326.3	$	1,280.9

Income Taxes

The Company utilizes the liability method of accounting for income taxes. Under the liability method, deferred taxes are determined based on the temporary differences between the financial statement and tax basis of assets and liabilities using enacted tax rates. A valuation allowance is recorded when it is more likely than not that some or all of the deferred tax assets will not be realized. The Company records estimated tax liabilities to the extent the contingencies are probable and can be

reasonably estimated. The Company recognizes interest accrued related to unrecognizable tax benefits and penalties as a component of the income tax provision recognized in the Consolidated Statements of Comprehensive Income (Loss).

The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by taxing authorities based on its technical merits, including all appeals or litigation processes. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. For each reporting period, management applies a consistent methodology to measure and adjust all uncertain tax positions based on the available information.

Stock-Based Compensation

Members of the Board of Directors and certain employees are eligible to receive stock options, restricted stock, restricted stock units and performance units pursuant to the Dine Brands Global, Inc. 2019 Stock Incentive Plan. Shares of unvested restricted stock are subject to restrictions on transfer and forfeiture under certain circumstances. The holder of unvested restricted stock has the right to vote and receive regular cash dividends with respect to the shares of unvested restricted stock.

The Company accounts for all stock-based payments to employees and non-employee directors, including grants of stock options, restricted stock, restricted stock units and performance units to be recognized in the financial statements, based on their respective grant date fair values. The value of the portion of the award that is ultimately expected to vest is recognized as expense ratably over the requisite service periods.

The grant date fair value of restricted stock and stock-settled restricted stock units is determined based on the Company's stock price on the grant date. The Company estimates the grant date fair value of stock option awards using the Black-Scholes option pricing model, which considers, among other factors, a risk-free interest rate, the expected life of the award and the historical volatility of the Company's stock price. The Company estimates the grant date fair value of awards with performance-based market conditions using a Monte Carlo simulation method which considers, among other factors, the performance-based market condition, a risk-free interest rate, the expected life of the award and the historical volatility of the Company's stock price. Awards of cash-settled restricted stock units are classified as liabilities with the liability and compensation expense related to cash-settled awards adjusted to fair value at each balance sheet date.

Net Income (Loss) Per Share

Net income (loss) per share is calculated using the two-class method prescribed in U.S. GAAP. Basic net income (loss) per share is computed by dividing the net income available to common stockholders for the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income available to common stockholders for the period by the weighted average number of common shares and potential shares of common stock outstanding during the period if their effect is dilutive. The Company uses the treasury stock method to calculate the weighted average shares used in the diluted earnings per share calculation. Potentially dilutive common shares include the assumed exercise of stock options and assumed vesting of restricted stock.

Other Comprehensive Income (Loss)

For the years ended December 31, 2019, 2018 and 2017, the income tax benefit or provision allocated to items of other comprehensive income (loss) was not significant.

Treasury Stock

The Company may from time to time utilize treasury stock when vested stock options are exercised, when restricted stock awards are granted and when restricted stock units settle in stock upon vesting. The cost of treasury stock re-issued is determined using the first-in, first-out method.

Dividends

Dividends declared on common stock are recorded as a reduction of retained earnings to the extent retained earnings are available at the close of the period prior to the date of the declared dividend. Dividends declared in excess of retained earnings are recorded as a reduction of additional paid-in capital.

Reporting Segments

The Company identifies its reporting segments based on the organizational units used by management to monitor performance and make operating decisions. The Company has five operating segments: Applebee's franchise operations, IHOP franchise operations, rental operations, financing operations and company-operated restaurant operations. The Company has four reporting segments: franchise operations, (an aggregation of Applebee's and IHOP franchise operations), rental operations, financing operations and company-operated restaurant operations. The Company considers these to be its reportable segments, regardless of whether any segment exceeds 10% of consolidated revenues, income before income tax provision or total assets.

Franchise Segment

As of December 31, 2019, the franchise operations reportable segment consisted of 1,718 restaurants operated by Applebee's franchisees in the United States, two United States territories and 12 countries outside the United States and 1,841 restaurants operated by IHOP franchisees and area licensees in the United States, three United States territories and 13 countries outside the United States. Franchise operations revenue consists primarily of royalties and advertising fees based on a percentage of the franchisee's gross sales, sales of proprietary products (primarily IHOP pancake and waffle dry mixes) and other franchise fees.

Franchise operations expenses include advertising expense, the cost of proprietary products, pre-opening training expenses and other franchise-related costs.

Rental Segment

Rental operations revenue includes revenue from operating leases and interest income from direct financing leases. Rental operations expenses are costs of operating leases and interest expense of finance leases on franchisee-operated restaurants. The rental operations revenue and expenses are primarily generated by IHOP. Applebee's has an insignificant amount of rental activity.

Financing Segment

Financing operations revenue primarily consists of interest income from the financing of IHOP franchise fees and equipment leases, notes receivable from Applebee's franchisees and sales of equipment associated with refranchised IHOP restaurants. Financing expenses are the cost of restaurant equipment.

Company Segment

As of December 31, 2019, the Company operated 69 Applebee's restaurants that were acquired from a former franchisee in December 2018. See Note 18 - Acquisition of Business, of the Notes to the Consolidated Financial Statements for additional information. The company segment presented in these financial statements consists of these 69 Applebee's restaurants in 2019 and three weeks of 2018 as well as 10 IHOP restaurants operated by the Company for the first six months of 2017. All company-operated restaurants were located in the United States. Company restaurant sales are retail sales at company-operated restaurants. Company restaurant expenses are operating expenses at company-operated restaurants and include food, beverage, labor, benefits, utilities, rent and other operating costs.

Accounting Standards Adopted Effective January 1, 2019

In February 2016, the Financial Accounting Standards Board (“FASB”) issued guidance with respect to the accounting for leases, as codified in Accounting Standards Topic 842 (“ASC 842”). The guidance is intended to improve financial reporting of leasing transactions by requiring entities that lease assets to recognize assets and liabilities for the rights and obligations created by leases, as well as by requiring additional disclosures related to an entity's leasing activities. The Company adopted this change in accounting principle as of the first day of the first fiscal quarter of 2019 using the modified retrospective method. Accordingly, financial information for periods prior to the date of initial application has not been adjusted. The Company has elected the package of practical expedients for adoption that permitted the Company not to reassess its prior conclusions regarding lease identification, lease classification and initial direct costs. The Company also elected a short-term lease exception policy and an accounting policy not to separate non-lease components from lease components. The Company did not elect to use an allowable expedient that permitted the use of hindsight in performing evaluations of its leases.

Upon adoption of ASC 842, the Company recognized operating lease obligations of $453.0 million, which represented the present value of the remaining minimum lease payments, discounted using the Company's incremental borrowing rate. The Company recognized operating lease right-of-use assets of $395.6 million. The Company recognized an adjustment to retained earnings upon adoption of $5.0 million, net of tax of $1.7 million, primarily related to an impairment resulting from an unfavorable differential between lease payments to be made and sublease rentals to be received on certain leases. The remaining difference of $50.7 million between the recognized operating lease obligation and the right-of-use assets related to the derecognition of certain assets and liabilities recorded in accordance with U.S. GAAP that had been applied prior to the adoption of ASC 842, primarily $43.3 million of accrued rent payments. Lease-related reserves for lease incentives, closed restaurants and unfavorable leaseholds were also derecognized.

The accounting for the Company's existing finance leases upon adoption of ASC 842 remained substantially unchanged. Adoption of ASC 842 had no significant impact on the Company's cash flows from operations or its results of operations and did not impact any covenant related to the Company's long-term debt. The Company implemented internal controls necessary to ensure compliance with the accounting and disclosure requirements of ASC 842. See Note 5 for the required disclosures related to the Company's leasing activities.

Additional new accounting guidance became effective for the Company as of the beginning of fiscal 2019 that the Company reviewed and concluded was either not applicable to its operations or had no material effect on its consolidated financial statements in the current or future fiscal years.

Newly Issued Accounting Standards Not Yet Adopted

In June 2016, the FASB issued new guidance on the measurement of credit losses on financial instruments. The new guidance will replace the incurred loss methodology of recognizing credit losses on financial instruments that is currently required with a methodology that estimates the expected credit loss on financial instruments and reflects the net amount expected to be collected on the financial instrument. Application of the new guidance may result in the earlier recognition of credit losses as the new methodology will require entities to consider forward-looking information in addition to historical and current information used in assessing incurred losses. The Company will adopt the new guidance on a modified retrospective basis beginning with its first fiscal quarter of 2020. In preparation for the adoption, the Company has established the methodology it will use to estimate expected credit losses. Based on that methodology, the Company estimates that upon adoption, it will record an increase to its allowance for credit losses of less than $1 million, with an offsetting decrease to retained earnings, net of tax impact.

In August 2018, the FASB issued guidance designed to improve the effectiveness of disclosures by removing, modifying and adding disclosures related to fair value measurements. The Company will be required to adopt the new guidance beginning with its first fiscal quarter of 2020; early adoption in any interim period after issuance of the new guidance is permitted. The Company is currently assessing the impact this guidance will have on its consolidated financial statements.

In August 2018, the FASB issued new guidance on the accounting for implementation costs incurred in a cloud computing arrangement that is a service contract. The guidance aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with existing guidance for capitalizing implementation cost incurred to develop or obtain internal-use software. The guidance also provides presentation and disclosure requirements for such capitalized costs. The Company will be required to adopt the new guidance beginning with its first fiscal quarter of 2020. The Company is currently assessing the impact this guidance will have on its consolidated financial statements.

In December 2019, the FASB issued new guidance intended to simplify the accounting for income taxes, change the accounting for certain income tax transactions, and make other minor changes. The Company will be required to adopt the new guidance beginning with its first fiscal quarter of 2021; early adoption in any interim period after issuance of the new guidance is permitted. The Company is currently assessing the impact this guidance will have on its consolidated financial statements, but does not expect this standard to have a material effect on its financial statements. The Company does not intend to adopt the standard early.

The Company reviewed all other newly issued accounting pronouncements and concluded that they either are not applicable to the Company's operations or that no material effect is expected on the Company's financial statements as a result of future adoption.

Lease Disclosures - Components of Lease Cost (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($)
Leases [Abstract]
Amortization of right-of-use assets	$ 5.3
Interest on lease liabilities	7.7
Operating lease cost	106.2
Variable lease cost	2.7
Short-term lease cost	0.0
Sublease income	(110.9)
Lease cost	$ 11.0

Stockholders' Deficit - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands														12 Months Ended
	Feb. 19, 2020	Oct. 04, 2019	Jul. 12, 2019	Apr. 05, 2019	Jan. 04, 2019	Oct. 05, 2018	Jul. 06, 2018	Apr. 06, 2018	Jan. 05, 2018	Oct. 06, 2017	Jul. 07, 2017	Apr. 07, 2017	Jan. 06, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Feb. 20, 2019	Oct. 01, 2015
Class of Stock [Line Items]
Authorized amount																	$ 200,000
Dividends paid per common share (in dollars per share)		$ 0.69	$ 0.69	$ 0.69	$ 0.63	$ 0.63	$ 0.63	$ 0.63	$ 0.97	$ 0.97	$ 0.97	$ 0.97	$ 0.97	$ 2.70	$ 2.86	$ 3.88
Reissuance of treasury stock (in shares)														(285,302)	(167,396)	(281,185)
Reissuance of treasury stock														$ 11,969	$ 3,928	$ 2,635
Treasury Stock
Class of Stock [Line Items]
Reissuance of treasury stock (in shares)														(285,000)	(167,000)	(281,000)
Reissuance of treasury stock														$ 12,490	$ 6,479	$ 10,113
Subsequent Event
Class of Stock [Line Items]
Dividends paid per common share (in dollars per share)	$ 0.76
2015 Authorization
Class of Stock [Line Items]
Authorized amount																		$ 150,000

Basis of Presentation and Summary of Significant Accounting Policies - Fair Value of Financial Instruments (Details) - Level 2 - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Reported Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	$ 1,300.0	$ 1,283.8
Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	$ 1,326.3	$ 1,280.9

Financing Obligations

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Financing Obligations

On May 19, 2008, the Company entered into a Purchase and Sale Agreement relating to the sale and leaseback of 181 parcels of real property (the “Sale-Leaseback Transaction”), each of which is improved with a restaurant operating as an Applebee's Neighborhood Grill and Bar (the “Properties”). On June 13, 2008, the closing date of the Sale-Leaseback Transaction, the Company entered into a Master Land and Building Lease (“Master Lease”) for the Properties. The proceeds received from the transaction were $337.2 million. The Master Lease calls for an initial term of twenty years and four, five-year options to extend the term.

The Sale-Leaseback Transaction does not qualify as a sale under current U.S. GAAP. Accordingly, the Sale-Leaseback Transaction continues to be recorded under the financing method. The value of the land and leasehold improvements will remain on the Company's books and the leasehold improvements will continue to be depreciated over their remaining useful lives. The net proceeds received were recorded as a financing obligation. A portion of the lease payments is recorded as a decrease to the financing obligation and a portion is recognized as interest expense. In the event the lease obligation of any individual property or group of properties is assumed by a qualified franchisee, the portion of the transaction related to that property or group of properties is recorded as a sale in accordance with U.S. GAAP and the net book value of those properties will be removed from the Company's books, along with a ratable portion of the remaining financing obligation.

As of December 31, 2019, the portion of the original Sale-Leaseback Transaction related to 155 of the 181 Properties has qualified as a sale by assignment of the lease obligation to a qualified franchisee or a release from the lessor. In accordance with the accounting described above, the property and equipment and financing obligations have each been cumulatively reduced by approximately $280.0 million.

As of December 31, 2019, future minimum lease payments under financing obligations during the initial terms of the leases related to the sale-leaseback transactions are as follows:



Fiscal Years	(In millions)
2020⁽¹⁾	$	5.6
2021	5.1
2022	5.1
2023	5.0
2024⁽¹⁾	5.7
Thereafter	44.8
Total minimum lease payments	71.3
Less: interest	(32.8		)
Total financing obligations	38.5
Less: current portion⁽²⁾	(0.8		)
Long-term financing obligations	$	37.7

____________________________________________________________________________________


⁽¹⁾	Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in 2020 and 2024.

⁽²⁾

Included in current maturities of finance lease and financing obligations on the consolidated balance sheet.

Financing Obligations (Details) $ in Thousands	1 Months Ended	12 Months Ended
Financing Obligations (Details) $ in Thousands	Jun. 30, 2008 term_extension_option	Dec. 31, 2020 monthly_payment	Dec. 31, 2019 USD ($) real_property	May 19, 2008 real_property
Minimum Lease Payments, Sale Leaseback Transactions, Fiscal Year Maturity [Abstract]
2020			$ 19,800
2021			16,400
2022			14,700
2023			11,600
2024			9,400
Thereafter			55,700
Total minimum lease payments			127,600
Less: interest/imputed interest			(37,300)
Total obligations			90,300
Less: current portion			(12,900)
Finance lease obligations, less current maturities			$ 77,393
Sale Leaseback Transaction Agreement for Properties
Sale Leaseback Transaction [Line Items]
Parcels of real property under sale leaseback transaction \| real_property				181
Master Lease Agreement
Sale Leaseback Transaction [Line Items]
Parcels of real property under sale leaseback transaction \| real_property			181
Gross proceeds of sale leaseback transaction			$ 337,200
Sale leaseback initial term	20 years
Number of options to extend initial leaseback term \| term_extension_option	4
Extension period for options to extend sale leaseback initial term (in years)	5 years
Properties assigned to franchisee or released from lessor \| real_property			155
Reduction in property and equipment and financing obligations as a result of sales transactions			$ 280,000
Sale-Leaseback Transactions
Minimum Lease Payments, Sale Leaseback Transactions, Fiscal Year Maturity [Abstract]
2020			5,600
2021			5,100
2022			5,100
2023			5,000
2024			5,700
Thereafter			44,800
Total minimum lease payments			71,300
Less: interest/imputed interest			(32,800)
Total obligations			38,500
Less: current portion			(800)
Finance lease obligations, less current maturities			$ 37,700
Forecast
Minimum Lease Payments, Sale Leaseback Transactions, Fiscal Year Maturity [Abstract]
Number of monthly obligation payments in fiscal year \| monthly_payment		13

Stock-Based Incentive Plans Stock-Based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement [Abstract]
Equity classified awards expense	$ 10.9	$ 10.6	$ 10.9
Liability classified awards (credit)	3.2	3.1	(1.0)
Total pretax stock-based compensation expense	14.1	13.7	9.9
Book income tax benefit	(3.5)	(3.5)	(3.8)
Total stock-based compensation expense, net of tax	$ 10.6	$ 10.2	$ 6.1

Stock-Based Incentive Plans Liability Classified Awards - Cash-settled Restricted Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning of period (shares)	53,766
Restricted stock, granted (in shares)	20,989
Restricted stock, released (in shares)	(462)
Forfeited (shares)	(10,441)
End of period (shares)	63,852	53,766
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning balance (in dollars per share)	$ 79.07
Weighted average fair value of restricted stock units granted (in dollars per share)	83.58	$ 53.72	$ 10.19
Weighted average fair value of restricted stock units released (in dollars per share)	83.18
Weighted average grant date fair value, forfeited (in dollars per share)	88.70
Weighted average grant date fair value, ending balance (in dollars per share)	$ 85.63	$ 79.07

Stockholders' Deficit Dividends Declared on Common Stock or In Excess (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Dividends Payable [Line Items]
Dividends declared from retained earnings	$ (47,095)		$ (52,234)
Dividends declared from additional paid-in capital		$ (44,705)	(17,718)
Retained Earnings (Accumulated Deficit)
Dividends Payable [Line Items]
Dividends declared from retained earnings	(48,077)	0	(52,641)
Additional Paid-in Capital
Dividends Payable [Line Items]
Dividends declared from retained earnings	982		407
Dividends declared from additional paid-in capital	$ 0	$ (44,705)	$ (17,718)

Revenue Disclosures - Deferred revenue expected to be recognized (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 67,030
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 10,086
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 7,862
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 7,337
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 6,074
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil)
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 28,906
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing

Lease Disclosures - Payment for Leases (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($)
Leases [Abstract]
Principal payments on finance lease obligations	$ 13.6
Interest payments on finance lease obligations	7.7
Payments on operating leases	91.9
Variable lease payments	$ 2.5

Acquisition of Business

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Acquisition of Business

In December 2018, the Company acquired 69 Applebee's restaurants in North Carolina and South Carolina from an Applebee's franchisee for a total purchase price of $21.6 million. The Company entered into the transaction to resolve certain franchisee health issues in what the Company believes was the most expedient and favorable manner for the Company. Indirect costs of $1.1 million related to the transaction were charged as general and administrative expenses.

A preliminary purchase price allocation was made as of December 31, 2018. During 2019, the Company completed the calculation of deferred income taxes related to the transaction and adjusted the preliminary purchase price allocation as follows:



	Preliminary Allocation			Adjustments			Final Allocation
	(In millions)
Reacquired franchise rights	$	11.6		$	—		$	11.6
Equipment and fixtures	10.0			—			10.0
Inventory	1.4			—			1.4
Deferred income taxes	—			1.5			1.5
Total identifiable assets acquired	23.0			1.5			24.5

Above-market leaseholds, net	(6.5		)	—			(6.5		)
Other liabilities	(1.0		)	—			(1.0		)
Net identifiable assets acquired	15.5			1.5			17.0
Goodwill	6.1			(1.5		)	4.6
Consideration transferred	$	21.6		$	—		$	21.6

In conjunction with the acquisition, the Company assumed finance lease obligations and related property under finance leases of $9.1 million. The Company also entered into new finance leases totaling $28.1 million of property under finance leases and finance lease obligations. The net liability for above-market leaseholds in included in other non-current liabilities in the Consolidated Balance Sheet and is being amortized over a weighted average life of 11 years.

The results of operation of these restaurants are included in the Company's consolidated results from the acquisition date. The Company has not presented pro forma results of the restaurants for periods prior to the acquisition because the business is not significant as measured by the amount of the Company's investment in and assets of the business relative to the Company's Consolidated Balance Sheet and by the income before income taxes of the business relative to the Company's average income before income taxes for the most recent five-year period excluding loss years.

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information on segments and a reconciliation of gross profit to income before income tax provision is as follows:



	Year Ended December 31,
	2019			2018			2017
Revenues				(In millions)
Franchise operations	$	651.2		$	643.9		$	594.4
Rental operations	120.7			121.9			121.4
Company restaurants	131.2			7.1			7.5
Financing operations	7.1			8.0			8.4
Total	$	910.2		$	780.9		$	731.7

Gross profit (loss), by segment
Franchise operations	$	338.4		$	313.3		$	300.4
Rental operations	29.9			31.2			30.8
Company restaurants	8.0			1.2			(0.3		)
Financing operations	6.5			7.4			7.8
Total gross profit	382.8			353.1			338.7
Corporate and unallocated expenses, net	(244.3		)	(242.5		)	(767.0		)
Income (loss) before income taxes	$	138.5		$	110.6		$	(428.3	)

Interest expense
Rental operations	$	7.7		$	9.2		$	10.5
Company restaurants	2.1			0.1			0.2
Corporate	60.4			61.7			62.0
Total	$	70.2		$	71.0		$	72.7

Depreciation and amortization
Franchise operations	$	10.3		$	10.5		$	10.8
Rental operations	13.4			11.7			12.0
Company restaurants	6.4			0.4			0.1
Corporate	12.4			9.6			7.7
Total	$	42.5		$	32.2		$	30.6

Impairment of goodwill and intangible assets, closure and other impairment charges
Franchise operations	$	—		$	—		$	531.6
Company restaurants	1.5			2.1			4.0
Total	$	1.5		$	2.1		$	535.6

Capital expenditures
Franchise operations	$	0.6		$	—		$	—
Company restaurants	$	3.2		$	—		$	0.1
Corporate	15.6			14.3			13.3
Total	$	19.4		$	14.3		$	13.4

Goodwill (franchise segment)	$	343.9		$	345.3		$	339.2

Total assets
Franchise operations	$	1,116.2		$	1,152.1		$	1,188.0
Rental operations	503.8			255.6			278.8
Company restaurants	134.3			66.5			—
Financing operations	72.0			73.7			87.5
Corporate	223.2			226.8			181.3
Total	$	2,049.5		$	1,774.7		$	1,735.6

Lease Disclosures - Narrative (Details)	Dec. 31, 2019 restaurant_concept properties real_property
Lessee, Lease, Description [Line Items]
Number of company-operated restaurants located on leased real estate properties \| properties	69
Lessor, number of leases requiring additional rent payments based on a percentage of restaurant sales \| real_property	175
Lessee, number of leases requiring additional rent payments based on a percentage of restaurant sales \| real_property	250
Finance lease, weighted average remaining lease term	8 years 7 months 6 days
Operating lease, weighted average remaining lease term	7 years 8 months 12 days
Finance lease, weighted average discount rate, percent	10.40%
Operating lease, weighted average discount rate, percent	5.70%
Applebee's
Lessee, Lease, Description [Line Items]
Number of franchisee-operated restaurants	1
Number of properties leased	1
IHOP
Lessee, Lease, Description [Line Items]
Number of properties leased	60
Minimum \| Applebee's
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	10 years
Lessee, operating lease, renewal term	5 years
Minimum \| IHOP
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	20 years
Lessee, operating lease, renewal term	1 year
Maximum \| Applebee's
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	20 years
Lessee, operating lease, renewal term	20 years
Maximum \| IHOP
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	25 years
Lessee, operating lease, renewal term	5 years

Net (Loss) Income Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Net (Loss) Income Per Share

Net Income (Loss) Per Share

The computation of the Company's basic and diluted net income (loss) per share is as follows:



	Year Ended December 31,
	2019			2018			2017
	(In thousands, except per share data)
Numerator for basic and diluted income (loss) per common share:
Net income (loss)	$	104,346		$	80,354		$	(342,750	)
Less: Net (income) loss allocated to unvested participating restricted stock	(3,532		)	(2,711		)	6,768
Net income (loss) available to common stockholders - basic	100,814			77,643			(335,982		)
Effect of unvested participating restricted stock	33			16			—
Numerator - net income (loss) available to common shareholders - diluted	$	100,847		$	77,659		$	(335,982	)
Denominator:
Weighted average outstanding shares of common stock - basic	16,934			17,533			17,725
Effect of dilutive securities:
Stock options⁽¹⁾	311			256			15
Weighted average outstanding shares of common stock - diluted	17,245			17,789			17,740
Net income (loss) per common share:
Basic	$	5.95		$	4.43		$	(18.96	)
Diluted	$	5.85		$	4.37		$	(18.96	)

⁽¹⁾ Stock options were not included in the calculation for the year ended December 31, 2017 as they were antidilutive.

Revenue Disclosures - Disaggregation of Franchise Revenue by Major Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Franchisor
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 651,186	$ 643,934	$ 594,418
Royalties
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	302,169	311,568	297,817
Advertising fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	283,015	268,294	234,165
Pancake and waffle dry mix sales and other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	53,973	52,108	50,538
Franchise and development fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 12,029	$ 11,964	$ 11,898

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property and Equipment [Line Items]
Property and equipment, gross	$ 548,500	$ 564,100
Less: accumulated depreciation and amortization	(332,100)	(323,800)
Property and equipment, net	216,420	240,264
Depreciation expense on property equipment	30,800	22,100	$ 20,600
Leaseholds and improvements
Property and Equipment [Line Items]
Property and equipment, gross	235,400	255,700
Equipment and fixtures
Property and Equipment [Line Items]
Property and equipment, gross	95,400	90,100
Properties under finance lease
Property and Equipment [Line Items]
Property and equipment, gross	100,500
Properties under finance lease
Property and Equipment [Line Items]
Property and equipment, gross		100,300
Less: accumulated depreciation and amortization	(51,100)	(46,200)
Buildings and improvements
Property and Equipment [Line Items]
Property and equipment, gross	56,600	57,900
Land
Property and Equipment [Line Items]
Property and equipment, gross	55,900	56,400
Construction in progress
Property and Equipment [Line Items]
Property and equipment, gross	$ 4,700	$ 3,700

Income Taxes - Reconciliation of unrecognized tax benefit (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefit as of January 1	$ 5.2	$ 5.9	$ 3.9
Changes for tax positions of prior years	2.1	3.8	2.8
Increases for tax positions related to the current year	0.5	0.4	0.6
Decreases relating to settlements and lapsing of statutes of limitations	(0.2)	(4.9)	(1.4)
Unrecognized tax benefit as of December 31	$ 7.6	$ 5.2	$ 5.9

Goodwill (Details) $ in Thousands	3 Months Ended	12 Months Ended
Goodwill (Details) $ in Thousands	Sep. 30, 2017 USD ($)	Dec. 31, 2019 USD ($) Restaurant	Dec. 31, 2017 USD ($)	Dec. 31, 2018 USD ($) Restaurant	Dec. 31, 2016 USD ($)
Goodwill [Line Items]
Goodwill		$ 343,862	$ 339,200	$ 345,314	$ 697,400
Gross		$ 702,100		$ 703,500
Goodwill, impairment loss	$ 358,200		358,200
Applebee's
Goodwill [Line Items]
Number of restaurants \| Restaurant		1,787
Goodwill, impairment loss		$ 358,200
Entity Operated Units \| Applebee's
Goodwill [Line Items]
Number of restaurants \| Restaurant		69		69
Goodwill		$ 4,600	0	$ 6,100	$ 0
Gross		$ 4,600		$ 6,100
Goodwill, impairment loss			$ 0

The Company (Details)	Dec. 31, 2019 Restaurant Country restaurant_concept state Territory
Franchisor Disclosure [Line Items]
Number of restaurant concepts \| restaurant_concept	2
IHOP
Franchisor Disclosure [Line Items]
Number of restaurants	1,841
Number of states in which entity operates \| state	50
Number of territories in which entity operates \| Territory	3
Number of countries in which entity operates \| Country	13
IHOP \| Franchised
Franchisor Disclosure [Line Items]
Number of restaurants	1,680
IHOP \| Licensing Agreements
Franchisor Disclosure [Line Items]
Number of restaurants	161
Applebee's
Franchisor Disclosure [Line Items]
Number of restaurants	1,787
Number of states in which entity operates \| state	50
Number of territories in which entity operates \| Territory	2
Number of countries in which entity operates \| Country	12
Applebee's \| Franchised
Franchisor Disclosure [Line Items]
Number of restaurants	1,718
Applebee's \| Licensing Agreements
Franchisor Disclosure [Line Items]
Number of restaurants	69

Long-Term Debt - Schedule of Debt Components (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Class A-2-I and A-2-II (2019) and Class A-2 (2018) Note debt issuance costs	$ (11,800)	$ (9,700)
Long-term Debt	1,288,200	1,299,100
Current portion of long-term debt	0	(25,000)
Long-term debt, net, less current maturities	1,288,248	1,274,087
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I
Debt Instrument [Line Items]
Senior Notes	$ 700,000	0
Senior note interest rate	4.194%
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II
Debt Instrument [Line Items]
Senior Notes	$ 600,000	0
Senior note interest rate	4.723%
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2
Debt Instrument [Line Items]
Senior Notes	$ 0	1,283,800
Senior note interest rate	4.277%
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018
Debt Instrument [Line Items]
Senior Notes	$ 0	$ 25,000
Class A-2-I and A-2-II (2019) and Class A-2 (2018) Note debt issuance costs	$ (2,800)
Senior note interest rate	4.93%

Lease Disclosures - Schedule of Income From Direct Financing Leases (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($)
Leases [Abstract]
Interest income	$ 5.0
Variable lease income	1.3
Total operating lease income	$ 6.3

Stockholders' Deficit

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Stockholders' Deficit

Stock Repurchase Programs

In February 2019, the Company’s Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to $200 million of the Company’s common stock (the “2019 Repurchase Program”) on an opportunistic basis from time to time in the open market or in privately negotiated transactions based on business, market, applicable legal requirements and other considerations. The 2019 Repurchase Program, as approved by the Board of Directors, does not require the repurchase of a specific number of shares and can be terminated at any time. In connection with the approval of the 2019 Repurchase Program, the Board of Directors terminated the prior repurchase program approved in October 2015 (the “2015 Repurchase Program”) which had authorized the Company to repurchase up to $150 million of the Company’s common stock.

A summary of shares repurchased under the 2019 Repurchase Program and the 2015 Repurchase Program, during the year ended December 31, 2019 and cumulatively for each program, is as follows:



	Shares	Cost of shares
		(In millions)
2019 Repurchase Program:
Repurchased during the year ended December 31, 2019	1,237,698	$	103.3
Cumulative (life-of-program) repurchases	1,237,698	$	103.3
Remaining dollar value of shares that may be repurchased	n/a	$	96.7

2015 Repurchase Program:
Repurchased during the year ended December 31, 2019	110,499	$	8.4
Cumulative (life-of-program) repurchases	1,589,995	$	126.2
Remaining dollar value of shares that may be repurchased	n/a	n/a

Dividends

During the fiscal years ended December 31, 2019, 2018 and 2017, the Company declared and paid dividends on common stock as follows:



Year ended December 31, 2019	Declaration Date	Payment Date	Dividends declared per share		Dividends paid per share		Total dividends paid⁽¹⁾
							(In millions)
Payment of prior year declaration	(3)	January 4, 2019	—		$	0.63	$	11.4
First quarter	February 20, 2019	April 5, 2019	$	0.69	0.69		12.5
Second quarter	May 13, 2019	July 12, 2019	0.69		0.69		12.2
Third quarter	August 1, 2019	October 4, 2019	0.69		0.69		11.8
Fourth quarter	October 8, 2019	(2)	0.69		—		—
Total			$	2.76	$	2.70	$	47.9



Year ended December 31, 2018
Payment of prior year declaration	(4)	January 5, 2018	—		$	0.97	$	17.7
First quarter	February 14, 2018	April 6, 2018	$	0.63	0.63		11.5
Second quarter	May 14, 2018	July 6, 2018	0.63		0.63		11.4
Third quarter	August 2, 2018	October 5, 2018	0.63		0.63		11.4
Fourth quarter	October 6, 2018	(3)	0.63		—		—
Total			$	2.52	$	2.86	$	52.0



Year ended December 31, 2017
Payment of prior year declaration	(5)	January 6, 2017	$	—	$	0.97	$	17.5
First quarter	February 22, 2017	April 7, 2017	$	0.97	0.97		17.5
Second quarter	May 15, 2017	July 7, 2017	0.97		0.97		17.5
Third quarter	August 10, 2017	October 6, 2017	0.97		0.97		17.8
Fourth quarter	October 6, 2017	(4)	0.97		—		—
Total			$	3.88	$	3.88	$	70.3

^{(1) Includes dividend equivalents paid on restricted stock units}

^{(2) The fourth quarter 2019 dividend of}^$11.7^{million was paid on January 10, 2020.}

^{(3) The fourth quarter 2018 dividend of}^$11.4^{million was paid on January 4, 2019.}

^{(4) The fourth quarter 2017 dividend of}^$17.7^{million was paid on January 5, 2018.}

^{(5) The fourth quarter 2016 dividend of}^$17.5^{million was paid on January 6, 2017.}

Dividends declared on common stock are recorded as a reduction of retained earnings to the extent retained earnings are available at the close of the period prior to the date of the declared dividend. Dividends in excess of retained earnings are recorded as a reduction of additional paid-in capital.

Dividends recorded during the fiscal years ended December 31, 2019, 2018 and 2017 were as follows:



	Year Ended December 31,
	2019			2018			2017
	(In millions)
Dividends declared from retained earnings	$	(48.1	)	$	—		$	(52.6	)
Dividends declared from additional paid-in capital	$	—		$	(44.7	)	$	(17.7	)

On February 20, 2020, our Board of Directors approved payment of a cash dividend of $0.76 per share of common stock, payable at the close of business on April 3, 2020 to the stockholders of record as of the close of business on March 20, 2020.

Treasury Stock

Repurchases of the Company's common stock are included in treasury stock at the cost of shares repurchased plus any transaction costs. Treasury stock may be re-issued when vested stock options are exercised, when restricted stock awards are granted and when restricted stock units settle in stock upon vesting. The cost of treasury stock re-issued is determined on the first-in, first-out (“FIFO”) method. The Company re-issued 285,302 shares, 167,396 shares and 281,185 shares, respectively, during the years ended December 31, 2019, 2018 and 2017 at a total FIFO cost of $12.5 million, $6.5 million and $10.1 million, respectively.

Closure and Other Impairment Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Closure charges	$ 1,500	$ 2,000	$ 3,900
Long-lived tangible asset impairment	0	100	100
Total closure and impairment charges	1,487	2,107	$ 3,968
IHOP and Applebee's
Restructuring Cost and Reserve [Line Items]
Closure charges	500
IHOP
Restructuring Cost and Reserve [Line Items]
Closure charges	$ 1,800	$ 2,200

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands		12 Months Ended
	Jan. 01, 2019 USD ($)	Dec. 31, 2019 USD ($) Restaurant Franchisee Country segment revenue_category Territory	Dec. 31, 2018 USD ($) Restaurant Franchisee	Dec. 31, 2017 USD ($) Restaurant Franchisee
Concentration Risk [Line Items]
Number of weeks in fiscal year		364 days	364 days	364 days
Cash and cash equivalents		$ 116,043	$ 137,164
Restricted cash included in other current assets		40,732	48,515
Non-current restricted cash		$ 15,700	14,700
Number of reporting units \| segment		3
Category of revenue categories \| revenue_category		4
Advertising expense		$ 6,100	300	$ 300
Number of operating segments \| segment		5
Number of reporting segments \| segment		4
Operating lease obligations		$ 431,800
Operating lease right-of-use assets		366,931
Adoption of ASC 842	$ 5,030
Income tax provision		$ 34,127	30,254	$ (85,559)
Building improvements \| Minimum
Concentration Risk [Line Items]
Useful life of property and equipment		25 years
Building improvements \| Maximum
Concentration Risk [Line Items]
Useful life of property and equipment		40 years
Leaseholds and improvements \| Minimum
Concentration Risk [Line Items]
Useful life of property and equipment		3 years
Leaseholds and improvements \| Maximum
Concentration Risk [Line Items]
Useful life of property and equipment		40 years
Equipment and fixtures \| Minimum
Concentration Risk [Line Items]
Useful life of property and equipment		3 years
Equipment and fixtures \| Maximum
Concentration Risk [Line Items]
Useful life of property and equipment		5 years
Internal Use Software \| Minimum
Concentration Risk [Line Items]
Useful life of property and equipment		3 years
Internal Use Software \| Maximum
Concentration Risk [Line Items]
Useful life of property and equipment		10 years
Prepaid Advertising and Gift Cards
Concentration Risk [Line Items]
Cash and cash equivalents		$ 56,600	52,200
Held in Trust Deposits
Concentration Risk [Line Items]
Restricted cash included in other current assets		38,400	42,300
Held for Advertising Activity Deposits
Concentration Risk [Line Items]
Cash and cash equivalents		$ 2,300
Restricted cash included in other current assets			$ 6,200
Applebee's
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		1,787
Number of territories in which entity operates \| Territory		2
Number of countries in which entity operates \| Country		12
Applebee's \| Minimum
Concentration Risk [Line Items]
Operating lease, term of contract		10 years
Operating lease, renewal term		5 years
Applebee's \| Maximum
Concentration Risk [Line Items]
Operating lease, term of contract		20 years
Operating lease, renewal term		20 years
IHOP
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		1,841
Operating lease, renewal term		5 years
Number of territories in which entity operates \| Territory		3
Number of countries in which entity operates \| Country		13
IHOP \| Minimum
Concentration Risk [Line Items]
Operating lease, term of contract		20 years
IHOP \| Maximum
Concentration Risk [Line Items]
Operating lease, term of contract		25 years
Franchised \| Applebee's
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		1,718
Franchised \| IHOP
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		1,680
Company Operated Excluding Restaurants Reacquired to be Refranchised \| Applebee's
Concentration Risk [Line Items]
Number of restaurants \| Restaurant				23
Company Operated Excluding Restaurants Reacquired to be Refranchised \| IHOP
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		10
Franchised Units or Licensing Agreements \| IHOP
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		1,841
Entity Operated Units \| Applebee's
Concentration Risk [Line Items]
Number of restaurants \| Restaurant		69	69
Revenue from Rights Concentration Risk \| Largest Franchisees
Concentration Risk [Line Items]
Concentration risk by percentage		26.40%
Revenue from Rights Concentration Risk \| Sales Revenue, Net
Concentration Risk [Line Items]
Number of franchisees \| Franchisee		0	0	0
Concentration risk by percentage		10.60%	11.90%
Revenue from Rights Concentration Risk \| Sales Revenue, Net \| Largest Franchisees
Concentration Risk [Line Items]
Concentration risk by percentage		17.40%	19.80%	19.30%
Revenue from Rights Concentration Risk \| Accounts Receivable \| Largest Franchisees
Concentration Risk [Line Items]
Number of franchisees \| Franchisee		2
Number of restaurants \| Restaurant		874
Net accounts receivable		$ 14,400	$ 17,500
Revenue from Rights Concentration Risk \| Accounts Receivable \| Largest Franchisees \| Minimum
Concentration Risk [Line Items]
Number of restaurants per franchisee \| Restaurant		400
Revenue from Rights Concentration Risk \| Accounts Receivable \| Largest Franchisees \| Applebee's
Concentration Risk [Line Items]
Number of franchisees \| Franchisee		1
Revenue from Rights Concentration Risk \| Accounts Receivable \| Largest Franchisees \| IHOP
Concentration Risk [Line Items]
Number of franchisees \| Franchisee		1
Franchisor - Advertising Revenue
Concentration Risk [Line Items]
Revenue from contract with customer, excluding assessed tax		$ 283,015	$ 268,294	$ 234,165
Retained Earnings
Concentration Risk [Line Items]
Adoption of ASC 842	5,030
Accounting Standards Update 2016-02
Concentration Risk [Line Items]
Operating lease obligations	453,000
Operating lease right-of-use assets	395,600
Income tax provision	1,700
Derecognition of certain liabilities and assets	50,700
Accrued rent	(43,300)
Accounting Standards Update 2016-02 \| Retained Earnings
Concentration Risk [Line Items]
Adoption of ASC 842	$ 5,000

Stock-Based Incentive Plans Performance Based Valuation Assumptions (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	2.50%	2.60%	1.90%
Weighted average historical volatility	30.30%	26.10%	22.90%
Dividend yield	2.80%	3.60%	7.30%
Expected years until exercise	4 years 8 months 12 days	4 years 7 months 6 days	4 years 6 months
Weighted average fair value of options granted	$ 21.93	$ 11.94	$ 4.31
Weighted average fair value of restricted stock units granted	$ 83.58	$ 53.72	$ 10.19
Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate		2.50%	1.60%
Weighted average historical volatility		34.40%	30.00%
Dividend yield		3.40%	9.60%
Expected years until exercise		3 years	3 years 4 months 24 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options granted		$ 9.79	$ 3.07

Income Taxes - Net deferred tax assets (liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Employee compensation	$ 9.2	$ 9.0
Revenue recognition	32.8	34.3
Other	5.9	16.8
Deferred tax assets	47.9	60.1
Valuation allowance	(1.5)	(0.4)
Total deferred tax assets after valuation allowance	46.4	59.7
Recognition of franchise and equipment sales	(13.7)	(16.8)
Capitalization and depreciation (1)	(130.8)	(139.2)
Acquisition financing costs	0.0	(0.6)
Basis of property and equipment	0.0	(8.1)
Other	(0.4)	(0.8)
Deferred tax liabilities	(144.9)	(165.5)
Net deferred tax liabilities	$ (98.5)	$ (105.8)

Other Intangible Assets

12 Months Ended

Dec. 31, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Other Intangible Assets

The significant majority of the Company's other intangible assets arose from the November 29, 2007 acquisition of Applebee's. Changes in the carrying amount of intangible assets for the years ended December 31, 2019, 2018 and 2017 are as follows:



	Not Subject to Amortization					Subject to Amortization
	Tradename			Other		Franchising Rights			Reacquired Franchise Rights			Leaseholds			Total
	(In millions)
Balance at December 31, 2016	$	652.4		$	2.0	$	109.0		$	—		$	—		$	763.4
Impairment	(173.4		)	—		—			—			—			(173.4		)
Amortization expense	—			—		(10.0		)	—			—			(10.0		)
Additions	—			0.4		—			—			2.4			2.8
Balance at December 31, 2017	479.0			2.4		99.0			—			2.4			582.8
Amortization expense	—			—		(10.0		)	(0.1		)	(0.0		)	(10.1		)
Additions	—			0.3		—			11.6			1.3			13.2
Balance at December 31, 2018	479.0			2.7		89.0			11.5			3.7			585.9
Amortization expense	—			—		(10.0		)	(1.7		)	(0.1		)	(11.8		)
Additions	—			0.5		—			—			0.5			1.0
Balance at December 31, 2019	$	479.0		$	3.2	$	79.0		$	9.8		$	4.1		$	575.1

In December 2018, the Company acquired 69 Applebee's restaurants. The Company completed the purchase price allocation as described in Note 18 - Acquisition of Business, of Notes to the Consolidated Financial Statements and recorded $11.6 million of reacquired franchise rights as an intangible asset. In June 2017, the Company refranchised nine IHOP restaurants. As discussed in Note 20 - Refranchising of Company-operated Restaurants, of Notes to the Consolidated Financial Statements, the Company recorded a net intangible asset $2.4 million for below-market leases.

Annual amortization expense for the next five fiscal years is estimated to be approximately $11.0 million per year. The weighted average life of the intangible assets subject to amortization was 18.5 years and 20 years at December 31, 2019 and 2018, respectively.

Gross and net carrying amounts of intangible assets subject to amortization at December 31, 2019 and 2018 are as follows:



	December 31, 2019							December 31, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(In millions)
Franchising rights	$	200.0	$	(121.0	)	$	79.0	$	200.0	$	(111.0	)	$	89.0
Reacquired Franchise Rights	11.6		(1.8		)	9.8		11.6		(0.1		)	11.5
Leaseholds	4.2		(0.1		)	4.1		$	3.7	(0.0		)	3.7
Total	$	215.8	$	(122.9	)	$	92.9	$	215.3	$	(111.1	)	$	104.2

The Company assessed the Applebee's tradename for impairment in accordance with its policy described in Note 2 - Basis of Presentation and Summary of Significant Accounting Policies. In the fourth quarter of fiscal 2019 and 2018, the Company performed a qualitative assessment of the Applebee's tradename and concluded the fair value exceeded the carrying amount.

As discussed in Note 6 - Goodwill, the Company determined that indicators of impairment existed prior to the annual test for impairment and performed an interim quantitative test for impairment of Applebee's tradename in the third quarter of 2017. In performing the impairment test of the tradename, the Company used the relief of royalty method under the income approach method of valuation. Significant assumptions used to determine fair value under the relief of royalty method include future trends in sales, a royalty rate and a discount rate applied to the forecast revenue stream. As a result of performing this quantitative test, the Company recognized an impairment of Applebee's tradename of $173.4 million in 2017. The Company recognized a tax benefit of $65.1 million related to the impairment.

Stock-Based Incentive Plans Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, beginning (in shares)	1,439,708	1,272,048	701,134
Granted (in shares)	132,832	248,899	887,030
Exercised (in shares)	211,352	74,930	64,916
Forfeited (in shares)	106,745	6,309	171,847
Expired (in shares)	37,005		79,353
Outstanding, ending (in shares)	1,217,438	1,439,708	1,272,048
Vested and expected to vest (in shares)	1,146,329
Exercisable (in shares)	561,872
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average share price, beginning (in dollars per share)	$ 63.21	$ 61.44	$ 80.04
Weighted average share price, granted (in dollars per share)	98.97	69.12	48.35
Weighted average share price, exercised (in dollars per share)	57.36	52.43	40.59
Weighted average share price, forfeited (in dollars per share)	72.19	68.80	65.82
Weighted average share price, expired (in dollars per share)	93.06		87.02
Weighted average share price, ending (in dollars per share)	66.43	$ 63.21	$ 61.44
Vested and expected to vest, weighted average exercise price (in dollars per share)	67.06
Exercisable, weighted average exercise price (in dollars per share)	$ 77.80
Options, outstanding, weighted average remaining contractual term	5 years 8 months 12 days
Share-based compensation arrangement by share-based payment award, options, vested and expected to vest, exercisable, weighted average remaining contractual term	5 years 7 months 6 days
Excercisable weighted average remaining contractual term	3 years 1 month 6 days
Options, outstanding, intrinsic value	$ 24.1
Options, vested and expected to vest, outstanding, aggregate intrinsic value	22.0
Options, exercisable, intrinsic value	$ 5.9

Stockholders' Deficit - Schedule of Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Millions																										3 Months Ended								9 Months Ended	12 Months Ended
	Feb. 19, 2020	Jan. 10, 2020	Oct. 08, 2019	Oct. 04, 2019	Aug. 01, 2019	Jul. 12, 2019	May 13, 2019	Apr. 05, 2019	Feb. 20, 2019	Jan. 04, 2019	Oct. 06, 2018	Oct. 05, 2018	Aug. 02, 2018	Jul. 06, 2018	May 14, 2018	Apr. 06, 2018	Feb. 14, 2018	Jan. 05, 2018	Oct. 06, 2017	Aug. 10, 2017	Jul. 07, 2017	May 15, 2017	Apr. 07, 2017	Feb. 22, 2017	Jan. 06, 2017	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Dividends Payable [Line Items]
Dividends declared per common share (in dollars per share)			$ 0.69		$ 0.69		$ 0.69		$ 0.69		$ 0.63		$ 0.63		$ 0.63		$ 0.63		$ 0.97	$ 0.97		$ 0.97		$ 0.97											$ 2.76	$ 2.52	$ 3.88
Dividends paid per common share (in dollars per share)				$ 0.69		$ 0.69		$ 0.69		$ 0.63		$ 0.63		$ 0.63		$ 0.63		$ 0.97	$ 0.97		$ 0.97		$ 0.97		$ 0.97										$ 2.70	$ 2.86	$ 3.88
Payments of dividends										$ 11.4								$ 17.7							$ 17.5	$ 11.8	$ 12.2	$ 12.5	$ 11.4	$ 11.4	$ 11.5	$ 17.5	$ 17.5	$ 17.8	$ 47.9	$ 52.0	$ 70.3
Subsequent Event
Dividends Payable [Line Items]
Dividends paid per common share (in dollars per share)	$ 0.76
Payments of dividends		$ 11.7

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2019
Defined Contribution Plan [Abstract]
Employee Benefit Plans	Employee Benefit Plans 401(k) Savings and Investment Plan Effective January 1, 2013, the Company amended the Dine Brands Global, Inc. 401(k) Plan to (i) modify the Company matching formula and (ii) eliminate the one-year completed service requirement that previously had to be met to become eligible for Company matching contributions. As amended, the Company matches 100% of the first four percent of the employee's eligible compensation deferral and 50% of the next two percent of the employee's eligible compensation deferral. All contributions under this plan vest immediately. Company common stock is not an investment option for employees in the 401(k) Plan, other than shares transferred from a prior employee stock ownership plan. Substantially all of the administrative cost of the 401(k) plan is borne by the Company. The Company's matching contribution expense was $3.0 million, $2.4 million and $2.3 million for the years ended December 31, 2019, 2018 and 2017.

Employee Benefit Plans (Details) - USD ($) $ in Millions		12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Jan. 01, 2013	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Contribution Plan Disclosure [Line Items]
Contributions made to 401(k)		$ 3.0	$ 2.4	$ 2.3
First Tier of Deferral
Defined Contribution Plan Disclosure [Line Items]
Percent of gross pay	100.00%
Percent of eligible deferral	4.00%
Second Tier of Deferral
Defined Contribution Plan Disclosure [Line Items]
Percent of gross pay	50.00%
Percent of eligible deferral	2.00%

Long-Term Debt

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consists of the following components:



	2019			2018
	(In millions)
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I	$	700.0		$	—
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II	600.0			—
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2	—			1,283.8
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018	—			25.0
Class A-2-I and A-2-II (2019) and Class A-2 (2018) Note debt issuance costs	(11.8		)	(9.7		)
Long-term debt, net of debt issuance costs	1,288.2			1,299.1
Current portion of long-term debt	—			(25.0		)
Long-term debt	$	1,288.2		$	1,274.1

Long-Term Debt

On June 5, 2019, Applebee’s Funding LLC and IHOP Funding LLC (the “Co-Issuers”), each a special purpose, wholly-owned indirect subsidiary of the Company, issued two tranches of fixed rate senior secured notes, the Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I (“Class A-2-I Notes”) in an initial aggregate principal amount of $700 million and the Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II (“Class A-2-II Notes”) in an initial aggregate principal amount of $600 million (the “Class A-2-II Notes” and, together with the Class A-2-I Notes, the “2019 Class A-2 Notes”). The 2019 Class A-2 Notes were issued pursuant to an offering exempt from registration under the Securities Act of 1933, as amended.

The Co-Issuers also replaced their existing revolving financing facility, the 2018-1 Variable Funding Senior Notes, Class A-1 (“2018 Class A-1 Notes”), with a new revolving financing facility, the 2019-1 Variable Funding Senior Notes, Class A-1 (the “2019 Class A-1 Notes”), on substantially the same terms as the 2018 Class A-1 Notes in order to conform the term of the 2019 Class A-1 Notes to the anticipated repayment dates for the 2019 Class A-2 Notes. The 2019 Class A-1 Notes and the 2019 Class A-2 Notes are referred to collectively herein as the “New Notes.”

The New Notes were issued in a securitization transaction pursuant to which substantially all of the domestic revenue-generating assets and domestic intellectual property, as further described below, held by the Co-Issuers and certain other special-purpose, wholly-owned indirect subsidiaries of the Company (the “Guarantors”) were pledged as collateral to secure the New Notes.

The Company used the majority of the net proceeds of the offering to repay the entire outstanding balance of approximately $1.28 billion of the Series 2014-1 4.277% Fixed Rate Senior Notes, Class A-2 (the “2014 Class A-2 Notes”). The Company used the remaining proceeds of the offering to pay for transactions costs associated with the securitization refinancing transaction and for general corporate purposes.

2019 Class A-2 Notes

The New Notes were issued under a Base Indenture, dated as of September 30, 2014, amended and restated as of June 5, 2019 (the “Base Indenture”), and the related Series 2019-1 Supplement to the Base Indenture, dated June 5, 2019 (the “Series 2019-1 Supplement”), among the Co-Issuers and Citibank, N.A., as the trustee (in such capacity, the “Trustee”) and securities intermediary. The Base Indenture and the Series 2019-1 Supplement (collectively, the “Indenture”) will allow the Co-Issuers to issue additional series of notes in the future subject to certain conditions set forth therein.

While the 2019 Class A-2 Notes are outstanding, payment of principal and interest is required to be made on the Class A-2 Notes on a quarterly basis. The payment of principal on the 2019 Class A-2 Notes may be suspended when the leverage ratio for the Company and its subsidiaries is less than or equal to 5.25x. Exceeding the leverage ratio of 5.25x does not violate any covenant related to the New Notes.

The Company's leverage ratio did not exceed 5.25x at any quarterly payment date during 2019; accordingly, the Company was not required to make a principal payment on either the 2019 Class A-2 Notes or the 2014 Class A-2 Notes during the year ended December 31, 2019. As of December 31, 2019, the Company's leverage ratio was 4.57x.

The Company may voluntarily repay the New Notes at any time; however, if the Company repays the New Notes prior to certain dates, it would be required to pay make-whole premiums. As of December 31, 2019, the make-whole premium associated with voluntary prepayment of the Class A-2-I Notes was approximately $35 million; this amount declines progressively each quarter to zero in June 2022. As of December 31, 2019, the make-whole premium associated with voluntary prepayment of the Class A-2-II Notes was approximately $63 million; this amount declines progressively each quarter to zero in June 2024. The Company would also be subject to a make-whole premium in the event of a mandatory prepayment required following a Rapid Amortization Event or certain asset dispositions. The mandatory make-whole premium requirements are considered derivatives embedded in the New Notes that must be bifurcated for separate valuation. The Company estimated the fair value of these derivatives to be immaterial as of December 31, 2019, based on the probability-weighted discounted cash flows associated with either event.

The legal final maturity of the 2019 Class A-2 Notes is in June 2049, but it is anticipated that, unless earlier prepaid to the extent permitted under the Indenture, the Class A-2-I Notes will be repaid in June 2024 (the “Class A-2-I Anticipated Repayment Date”) and the Class A-2-II Notes will be repaid in June 2026 (the “Class A-2-II Anticipated Repayment Date”). If the Co-Issuers have not repaid or refinanced the Class A-2-I Notes by the Class A-2-I Anticipated Repayment Date or the Class A-2-II Notes by the Class A-2-II Anticipated Repayment Date, then additional interest will accrue on the Class A-2-I Notes and the Class A-2-II Notes, as applicable, at the greater of: (A) 5.0% and (B) the amount, if any, by which the sum of the following exceeds the applicable Class A-2 Note interest rate: (x) the yield to maturity (adjusted to a quarterly bond-equivalent basis) on the applicable anticipated repayment date of the United States Treasury Security having a term closest to 10 years plus (y) 5.0%, plus (z) 2.15% for the Class A-2-I Notes and 2.64% for the Class A-2-II Notes.

2019 Class A-1 Notes

The Co-Issuers also entered into a revolving financing facility, the 2019 Class A-1 Notes, that allows for drawings up to $225 million of variable funding notes and the issuance of letters of credit. The 2019 Class A-1 Notes were issued under the Indenture. Drawings and certain additional terms related to the 2019 Class A-1 Notes are governed by the 2019 Class A-1 Note Purchase Agreement, dated June 5, 2019, among the Co-Issuers, certain special-purpose, wholly-owned indirect subsidiaries of the Company, each as a Guarantor, the Company, as manager, certain conduit investors, financial institutions and funding agents, and Barclays Bank PLC, as provider of letters of credit, swingline lender and administrative agent (the “Purchase Agreement”).

The 2019 Class A-1 Notes will be governed, in part, by the Purchase Agreement and by certain generally applicable terms contained in the Indenture. The applicable interest rate under the 2019 Class A-1 Notes depends on the type of borrowing by the Co-Issuers. The applicable interest rate for advances is generally calculated at a per annum rate equal to the commercial paper funding rate or one-, two-, three- or six-month Eurodollar Funding Rate, in either case, plus 2.15%. The applicable interest rate for swingline advances and unreimbursed draws on outstanding letters of credit is a per annum base rate equal to the sum of (a) 1.15% plus (b) the greatest of (i) the Prime Rate in effect from time to time, (ii) the Federal Funds Rate in effect from time to time plus 0.50% and (iii) the one-month Eurodollar Funding Rate plus 1.00%. There is no upfront fee for the 2019 Class A-1 Notes. There is a fee of 50 basis points on any unused portion of the 2019 Class A-1 Notes facility. Undrawn face amounts of outstanding letters of credit that are not cash collateralized accrue a fee of 2.15% per annum. It is anticipated that the principal and interest on the 2019 Class A-1 Notes will be repaid in full on or prior to the quarterly payment date in June 2024 (the “2019 Class A-1 Anticipated Repayment Date”), subject to two additional one-year extensions at the option of the Company upon the satisfaction of certain conditions.

Guarantee and Collateral Agreement

Under the Guarantee and Collateral Agreement, dated September 30, 2014, as amended and restated as of June 5, 2019, among the Guarantors in favor of the Trustee, the Guarantors guarantee the obligations of the Co-Issuers under the Indenture and related documents and secure the guarantee by granting a security interest in substantially all of their assets.

The New Notes are secured by a security interest in substantially all of the assets of the Co-Issuers and the Guarantors (collectively, the “Securitization Entities”). On the Closing Date, these assets (the “Securitized Assets”) generally included substantially all of the domestic revenue-generating assets of the Company and its subsidiaries, which principally consist of franchise agreements, area license agreements, development agreements, franchisee fee notes, equipment leases, agreements related to the domestic production of and the sale of pancake and waffle dry-mixes, owned and leased real property and intellectual property.

The New Notes are the obligations only of the Co-Issuers pursuant to the Indenture and are unconditionally and irrevocably guaranteed by the Guarantors pursuant to the Guarantee and Collateral Agreement. Except as described below, neither the Company nor any subsidiary of the Company, other than the Securitization Entities, will guarantee or in any way be liable for the obligations of the Co-Issuers under the Indenture or the New Notes.

Management Agreement

Under the terms of the Management Agreement, dated September 30, 2014, as amended and restated as of September 5, 2018, as further amended and restated as of June 5, 2019 and as amended by that certain Amendment No. 1 to Management Agreement dated November 21, 2019, among the Company, the Securitization Entities, Applebee’s Services, Inc., International House of Pancakes, LLC and the Trustee, the Company will act as the manager with respect to the Securitized Assets. The primary responsibilities of the manager will be to perform certain franchising, distribution, intellectual property and operational functions on behalf of the Securitization Entities with respect to the Securitized Assets pursuant to the Management Agreement. The manager will be entitled to the payment of the weekly management fee, as set forth in the Management Agreement and will be subject to the liabilities set forth in the Management Agreement.

The manager will manage and administer the Securitized Assets in accordance with the terms of the Management Agreement and, except as otherwise provided in the Management Agreement, the management standards set forth in the Management Agreement. Subject to limited exceptions set forth in the Management Agreement, the Management Agreement does not require the manager to expend or risk its funds or otherwise incur any financial liability in the performance of any of its rights or powers under the Management Agreement if the manager has reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not compensated by payment of the weekly management fee or is otherwise not reasonably assured or provided to it.

Subject to limited exceptions set forth in the Management Agreement, the manager will indemnify each Securitization Entity, the Trustee and certain other parties, and their respective officers, directors, employees and agents for all claims, penalties, fines, forfeitures, losses, liabilities, obligations, damages, actions, suits and related costs and judgments and other costs, fees and reasonable expenses that any of them may incur as a result of (a) failure of the manager to perform or observe its obligations under the Management Agreement, (b) the breach by the manager of any representation, warranty or covenant under the Management Agreement, or (c) the manager’s negligence, bad faith or willful misconduct in the performance of its duties under the Management Agreement.

Covenants and Restrictions

The New Notes are subject to a series of covenants and restrictions customary for transactions of this type, including: (i) that the Co-Issuers maintain specified reserve accounts to be used to make required payments in respect of the New Notes, (ii) provisions relating to optional and mandatory prepayments, and the related payment of specified amounts, including specified call redemption premiums in the case of Class A-2 Notes under certain circumstances; (iii) certain indemnification payments in the event, among other things, the transfers of the assets pledged as collateral for the New Notes are in stated ways defective or ineffective and (iv) covenants relating to recordkeeping, access to information and similar matters. The New Notes are subject to customary rapid amortization events provided for in the Indenture, including events tied to failure of the Securitization Entities to maintain the stated debt service coverage ratio (“DSCR”), the sum of domestic retail sales for all restaurants being below certain levels on certain measurement dates, certain manager termination events, certain events of default and the failure to repay or refinance the Class A-2 Notes on the anticipated repayment dates. The New Notes are also subject to certain customary events of default, including events relating to non-payment of required interest, principal or other amounts due on or with respect to the New Notes, failure of the Securitization Entities to maintain the stated DSCR, failure to comply with covenants within certain time frames, certain bankruptcy events, breaches of specified representations and warranties and certain judgments.

Failure to maintain a prescribed DSCR can trigger a Cash Flow Sweeping Event, A Rapid Amortization Event, a Manager Termination Event or a Default Event as described below. In a Cash Flow Sweeping Event, the Trustee is required to retain 50% of excess Cash Flow (as defined in the New Notes) in a restricted account. In a Rapid Amortization Event, all excess Cash Flow is retained and used to retire principal amounts of debt. Key DSCRs are as follows:

•DSCR less than 1.75x - Cash Flow Sweeping Event

•DSCR less than 1.20x - Rapid Amortization Event

•Interest-only DSCR less than 1.20x - Manager Termination Event

•Interest-only DSCR less than 1.10x - Default Event

The Company's DSCR for the reporting period ended December 31, 2019 was 4.27x.

Use of Credit Facilities

The Company has not drawn on the 2019 Class A-1 Notes subsequent to their June 5, 2019, issuance. At December 31, 2019, $2.8 million was pledged against the 2019 Class A-1 Notes for outstanding letters of credit, leaving $222.2 million of 2019 Class A-1 Notes available for borrowing. The letters of credit are used primarily to satisfy insurance-related collateral requirements.

During the year ended December 31, 2019, the Company repaid $25.0 million of 2018 Class A-1 Notes, representing the amount outstanding at December 31, 2018; the Company did not draw on the 2018 Class A-1 Notes during 2019 prior to their replacement on June 5, 2019. The maximum amount of 2018 Class A-1 Notes outstanding during the period from January 1, 2019 to June 5, 2019 was $25.0 million and the weighted average interest rate on the 2018 Class A-1 Note for the period outstanding was 4.88%.

Loss on Extinguishment of Debt

In connection with the repayment of the 2014 Class A-2 Notes, the Company recognized a loss on extinguishment of debt of $8.3 million, representing the remaining unamortized costs related to the 2014 Class A-2 Notes. Prior to the extinguishment on June 5, 2019, amortization costs of $1.4 million, $3.4 million and $3.4 million associated with the 2014 Class A-2 Notes was included in interest expense for the years ended December 31, 2019, 2018 and 2017 respectively.

Debt Issuance Costs

The Company incurred costs of approximately $12.9 million in connection with the issuance of the 2019 Class A-2 Notes. These debt issuance costs are being amortized using the effective interest method over estimated life of each tranche of the 2019 Class A-2 Notes. Amortization costs of $1.2 million were included in interest expense for the year ended December 31, 2019. Unamortized debt issuance costs of $11.8 million are reported as a direct reduction of the Class A-2 Notes in the Consolidated Balance Sheets.

The Company incurred costs of approximately $0.2 million in connection with the replacement of the 2018-1 Class A-1 Notes with the 2019 Class A-1 Notes. These debt issuance costs have been added to the remaining unamortized costs of approximately $2.8 million related to the 2018 Class A-1 Notes, the total of which costs is now being amortized using the effective interest method over the estimated five-year life of the 2019 Class A-1 Notes. Amortization costs of $0.8 million were included in interest expense for the year ended December 31, 2019.

Unamortized debt issuance costs of $2.7 million related to the 2019-1 Class A-1 Notes are reported as other long-term assets in the Consolidated Balance Sheets at December 31, 2019.

Debt Refinancing Costs

In connection with the termination of the 2014 Purchase Agreement, the Company recognized as expense $0.9 million of unamortized debt issuance costs associated with the 2014 Variable Funding Notes during the year ended December 31, 2018. In addition, the Company incurred costs of $1.6 million associated with the evaluation of various alternatives for refinancing our securitized indebtedness that were also charged to expense during the year ended December 31, 2018. These costs totaling $2.5 million are reported as “Debt refinancing costs” in the Consolidated Statements of Comprehensive Income (Loss) for the year ended December 31, 2018.

Maturities of Long-term Debt

Face-value maturities of long-term debt for each of the next five years, assuming the Company's leverage ratio remains less than 5.25x, are as follows:



	(In millions)
2020	$	—
2021	—
2022	—
2023	—
2024	700.0
Thereafter	600.0
Total	$	1,300.0

Lease Disclosures - Future Minimum Lease Rents (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2017
Future Minimum Lease Rents Due [Abstract]
Asset cost of leased property		$ 89.0		$ 89.0
Carrying amount on leased property		58.8		$ 60.0
Contingent rent expense on leases	$ 2.6	2.7
Minimum rent expense on leases	$ 73.0	$ 80.8
Direct Financing Lease, 2019			$ 16.2
Direct Financing Lease, 2020			14.8
Direct Financing Lease, 2021			11.7
Direct Financing Lease, 2022			8.2
Direct Financing Lease, 2023			3.5
Thereafter			2.9
Total minimum rents receivable			57.3
Operating Lease, 2019			105.9
Operating Lease, 2020			106.3
Operating Lease, 2021			100.2
Operating Lease, 2022			96.2
Operating Lease, 2023			91.8
Thereafter			271.8
Total minimum rents receivable			$ 772.2

Receivables (Details) - USD ($) $ in Thousands	12 Months Ended
Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Accounts and Financing Receivable, after Allowance for Credit Loss, Current and Noncurrent [Abstract]
Accounts receivable				$ 60,800	$ 63,000
Gift card receivables				46,700	47,900
Notes receivable				28,900	28,900
Other				7,300	7,100
Receivables				234,200	257,800
Less: allowance for doubtful accounts and notes receivable	$ (11,300)	$ (17,200)	$ (3,100)	(11,300)	(17,200)
Receivables, net				222,900	240,600
Less: current portion				(136,869)	(137,504)
Long-term receivables, net				85,999	103,102
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning of Period	(17,200)	(22,200)	(3,100)
Provision	(400)	10,300	20,300
Charge-offs	(5,000)	(15,300)	(1,200)
Recoveries	(500)
Ending of Period	$ (11,300)	$ (17,200)	$ (22,200)
Receivables interest rate, percentage	5.10%	4.80%
Delinquent financing receivables				100	100
Financing receivables, allowance for doubtful accounts				$ 100	$ 100
Minimum
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Notes receivable, term	2 years
Franchise fee note lease term	5 years
Maximum
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Notes receivable, term	10 years
Franchise fee note lease term	8 years
IHOP
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Average interest rate				9.90%	9.90%
Franchise fee note average interest rate				5.00%	5.60%
Equipment leases receivable
Accounts and Financing Receivable, after Allowance for Credit Loss, Current and Noncurrent [Abstract]
Financing receivable				$ 56,300	$ 65,800
Direct financing leases receivable
Accounts and Financing Receivable, after Allowance for Credit Loss, Current and Noncurrent [Abstract]
Financing receivable				34,000	44,900
Franchise fee notes receivable
Accounts and Financing Receivable, after Allowance for Credit Loss, Current and Noncurrent [Abstract]
Financing receivable				$ 200	$ 200

Closure and Other Impairment Charges (Tables)

12 Months Ended

Dec. 31, 2019

Restructuring Charges [Abstract]

Schedule of Impairment and Closure Charges

Closure and other impairment charges for the years ended December 31, 2019, 2018 and 2017 were as follows:



	Year Ended December 31,
	2019		2018		2017
	(In millions)
Closure charges	$	1.5	$	2.0	$	3.9
Long-lived tangible asset impairment	—		0.1		0.1
Total closure and impairment charges	$	1.5	$	2.1	$	4.0

Selected Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 227,511	$ 217,405	$ 228,080	$ 237,182	$ 214,198	$ 194,099	$ 184,471	$ 188,163	$ 910,178	$ 780,931	$ 731,725
Gross Profit	95,668	89,720	94,855	102,571	98,371	92,626	78,590	83,500	382,814	353,087	338,711
Net income (loss)	$ 27,396	$ 23,917	$ 21,390	$ 31,643	$ 26,981	$ 23,587	$ 12,713	$ 17,073	$ 104,346	$ 80,354	$ (342,750)
Basic (in dollars per share)	$ 1.61	$ 1.38	$ 1.20	$ 1.76	$ 1.49	$ 1.31	$ 0.70	$ 0.93	$ 5.95	$ 4.43	$ (18.96)
Diluted (in dollars per share)	$ 1.59	$ 1.36	$ 1.18	$ 1.73	$ 1.47	$ 1.29	$ 0.69	$ 0.92	$ 5.85	$ 4.37	$ (18.96)
Impairment of goodwill and intangible assets									$ 0	$ 0	$ 531,634

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
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Reference 3: http://www.xbrl.org/2003/role/exampleRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Other Intangible Assets Roll Forward

Changes in the carrying amount of intangible assets for the years ended December 31, 2019, 2018 and 2017 are as follows:



	Not Subject to Amortization					Subject to Amortization
	Tradename			Other		Franchising Rights			Reacquired Franchise Rights			Leaseholds			Total
	(In millions)
Balance at December 31, 2016	$	652.4		$	2.0	$	109.0		$	—		$	—		$	763.4
Impairment	(173.4		)	—		—			—			—			(173.4		)
Amortization expense	—			—		(10.0		)	—			—			(10.0		)
Additions	—			0.4		—			—			2.4			2.8
Balance at December 31, 2017	479.0			2.4		99.0			—			2.4			582.8
Amortization expense	—			—		(10.0		)	(0.1		)	(0.0		)	(10.1		)
Additions	—			0.3		—			11.6			1.3			13.2
Balance at December 31, 2018	479.0			2.7		89.0			11.5			3.7			585.9
Amortization expense	—			—		(10.0		)	(1.7		)	(0.1		)	(11.8		)
Additions	—			0.5		—			—			0.5			1.0
Balance at December 31, 2019	$	479.0		$	3.2	$	79.0		$	9.8		$	4.1		$	575.1

Schedule of Finite-Lived Intangible Assets by Major Class

Gross and net carrying amounts of intangible assets subject to amortization at December 31, 2019 and 2018 are as follows:



	December 31, 2019							December 31, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(In millions)
Franchising rights	$	200.0	$	(121.0	)	$	79.0	$	200.0	$	(111.0	)	$	89.0
Reacquired Franchise Rights	11.6		(1.8		)	9.8		11.6		(0.1		)	11.5
Leaseholds	4.2		(0.1		)	4.1		$	3.7	(0.0		)	3.7
Total	$	215.8	$	(122.9	)	$	92.9	$	215.3	$	(111.1	)	$	104.2

Stock-Based Incentive Plans Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	May 14, 2019	May 17, 2016	May 17, 2011	Dec. 31, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 14,100	$ 13,700	$ 9,900
Share-based payment award, options, exercises in period, intrinsic value	$ 6,900	$ 2,400	$ 1,400
Granted (in shares)	132,832	248,899	887,030
Restricted stock, granted (in shares)	20,989
Forfeited (in shares)	106,745	6,309	171,847
Proceeds from stock options exercised	$ 11,969	$ 3,928	$ 2,635
Tax benefit realized for tax deduction from option exercises	1,800	600	500
Liability classified awards (credit)	3,200	3,100	$ (1,000)
Employee-related liabilities, current	23,904	$ 27,479
2019 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company’s common stock for incentive stock awards				2,050,000
DineEquity, Inc. 2016 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company’s common stock for incentive stock awards					3,750,000
DineEquity, Inc. 2011 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company’s common stock for incentive stock awards						1,500,000
IHOP Corp. 2001 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company’s common stock for incentive stock awards							4,200,000
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 3,000
Unrecognized compensation cost, recognition period	1 year 3 months 18 days
Employee Stock Option \| Officers, Directors, and Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment award, expiration period	10 years
Award vesting period	3 years
Restricted Stock and Restricted Stock Units \| Officers, Directors, and Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 15,900
Unrecognized compensation cost, recognition period	1 year 3 months 18 days
Restricted stock, granted (in shares)	23,427	86,990	281,973
Forfeited (in shares)	26,670
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based grants in Period	25,330	350,000
Restricted stock, granted (in shares)	55,245	175,000
Cash-settled Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 1,600	$ 800
LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Share-based payment arrangement, expense	$ 1,700	2,300
Employee-related liabilities, current	$ 2,900	$ 2,400
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Multiplier for target award	0.00%
Minimum \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting share-based awards percentage	0.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Multiplier for target award	200.00%
Maximum \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting share-based awards percentage	100.00%

Refranchising of Company-operated Restaurants (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2017 USD ($) Restaurant agreement	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Franchisor Disclosure [Line Items]
Proceeds from sale of property and equipment		$ 2,540	$ 655	$ 1,100
Franchised \| IHOP \| Cincinnati, Ohio Market Area Restaurants [Member]
Franchisor Disclosure [Line Items]
Company operated restaurants taken back to be refranchised \| Restaurant	9
Number of franchise agreements \| agreement	9
Number of sublease agreements \| agreement	9
Favorable lease assets, net	$ 2,300
Proceeds from sale of property and equipment	1,100
Amount of consideration received	$ 4,800
Gain (loss) on sale of properties				$ 6,200

Acquisition of Business - Preliminary estimated fair values of the assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Goodwill	$ 343,862	$ 345,314	$ 339,200	$ 697,400
Applebee's r3estaurants In North and South Carolina
Business Acquisition [Line Items]
Reacquired franchise rights	11,600	11,600
Measurement Period Adjustment, Reacquired Franchise Rights	0
Equipment and fixtures	10,000	10,000
Measurement Period Adjustment, Equipment and fixtures	0
Inventory	1,400	1,400
Measurement Period Adjustment, Inventory	0
Deferred income taxes	1,500	0
BMeasurement Period Adjustment, Deferred income tax	1,500
Total identifiable assets acquired	24,500	23,000
Measurement Period Adjustment, Total identifiable assets acquired	1,500
Above-market leaseholds, net	(6,500)	(6,500)
Measurement Period Adjustment, Above-market leaseholds, net	0
Other liabilities	(1,000)	(1,000)
Measurement Period Adjustment, Other liabilities	0
Net identifiable assets acquired	17,000	15,500
Measurement Period Adjustment, Net identifiable assets acquired	1,500
Goodwill	4,600	6,100
Measurement Period Adjustment, Goodwill	(1,500)
Consideration transferred	21,600	$ 21,600
Measurement Period Adjustment, Consideration transferred	$ 0

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes for the years ended December 31, 2019, 2018 and 2017 was as follows:



	Year Ended December 31,
	2019			2018			2017
Provision (benefit) for income taxes:	(In millions)
Current
Federal	$	31.2		$	33.6		$	42.6
State	6.5			6.4			5.1
Foreign	1.9			2.1			2.9
	39.6			42.1			50.6
Deferred
Federal	(3.8		)	(7.8		)	(131.0		)
State	(1.7		)	(4.0		)	(5.1		)
	(5.5		)	(11.8		)	(136.1		)
Provision (benefit) for income taxes	$	34.1		$	30.3		$	(85.6	)

Schedule of Effective Income Tax Rate Reconciliation

The provision (benefit) for income taxes differs from the expected federal income tax rates as follows:



	Year Ended December 31,
	2019		2018		2017
Statutory federal income tax rate	21.0	%	21.0	%	35.0	%
Non-deductibility of goodwill impairment	—		—		(29.3	)
Change in federal tax rate	—		—		15.5
State and other taxes, net of federal tax benefit	2.8		3.6		0.4
Change in unrecognized tax benefits	1.8		3.3		(0.7	)
Change in valuation allowance	0.5		0.4		0.3
Domestic production activity deduction	—		—		0.3
Changes in tax rates and state tax laws	(0.5	)	(1.6	)	(0.3	)
Change in accounting for excess tax deficiencies/benefits	(0.6	)	0.1		(0.5	)
General business credits	(1.3	)	(0.2	)	0.0
Other	0.9		0.8		(0.7	)
Effective tax rate	24.6	%	27.4	%	20.0	%

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets (liabilities) consisted of the following components:



	2019			2018
	(In millions)
Employee compensation	$	9.2		$	9.0
Revenue recognition	32.8			34.3
Other	5.9			16.8
Deferred tax assets	47.9			60.1
Valuation allowance	(1.5		)	(0.4		)
Total deferred tax assets after valuation allowance	46.4			59.7
Recognition of franchise and equipment sales	(13.7		)	(16.8		)
Capitalization and depreciation ⁽¹⁾	(130.8		)	(139.2		)
Acquisition financing costs	—			(0.6		)
Basis of property and equipment	—			(8.1		)
Other	(0.4		)	(0.8		)
Deferred tax liabilities	(144.9		)	(165.5		)
Net deferred tax liabilities	$	(98.5	)	$	(105.8	)

____________________________

⁽¹⁾

Primarily related to the 2007 Applebee's acquisition.

Summary of Income Tax Contingencies

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



	Year Ended December 31,
	2019			2018			2017
Unrecognized tax benefit as of January 1	$	5.2		$	5.9		$	3.9
Changes for tax positions of prior years	2.1			3.8			2.8
Increases for tax positions related to the current year	0.5			0.4			0.6
Decreases relating to settlements and lapsing of statutes of limitations	(0.2		)	(4.9		)	(1.4		)
Unrecognized tax benefit as of December 31	$	7.6		$	5.2		$	5.9

Cover page - USD ($) $ in Millions	12 Months Ended
Cover page - USD ($) $ in Millions	Dec. 31, 2019	Feb. 17, 2020
Cover page.
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	001-15283
Entity Registrant Name	Dine Brands Global, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-3038279
Entity Address, Address Line One	450 North Brand Boulevard,
Entity Address, City or Town	Glendale,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91203-1903
City Area Code	(818)
Local Phone Number	240-6055
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	DIN
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Smaller Company	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float	$ 1,560
Entity Common Stock, Shares Outstanding		16,487,372
Documents Incorporated by Reference	Portions of the Proxy Statement for the Annual Meeting of Stockholders to be held on Tuesday, May 12, 2020 are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Except as expressly incorporated by reference, the registrant’s Proxy Statement shall not be deemed to be part of this report.
Entity Central Index Key	0000049754
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false

Receivables (Tables)

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Schedule of Receivables and Allowance for Doubtful Accounts

The following table summarizes the activity in the allowance for doubtful accounts and notes receivable:



Allowance for Doubtful Accounts	(In millions)
Balance at December 31, 2016	$	3.1
Provision	20.3
Charge-offs	(1.2		)
Balance at December 31, 2017	22.2
Provision	10.3
Charge-offs	(15.3		)
Balance at December 31, 2018	17.2
Provision	(0.4		)
Charge-offs	(5.0		)
Recoveries	(0.5		)
Balance at December 31, 2019	$	11.3



4. Receivables	2019			2018
	(In millions)
Accounts receivable	$	60.8		$	63.0
Gift card receivables	46.7			47.9
Notes receivable	28.9			28.9
Financing receivables:
Equipment leases receivable	56.3			65.8
Direct financing leases receivable	34.0			44.9
Franchise fee notes receivable	0.2			0.2
Other	7.3			7.1
	234.2			257.8
Less: allowance for doubtful accounts and notes receivable	(11.3		)	(17.2		)
	222.9			240.6
Less: current portion	(136.9		)	(137.5		)
Long-term receivables	$	86.0		$	103.1

Stock-Based Incentive Plans

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Stock-Based Incentive Plans

General Description

Currently, the Company is authorized to grant stock options, stock appreciation rights, restricted stock, cash-settled and stock-settled restricted stock units and performance units to officers, other employees and non-employee directors under the Dine Brands Global, Inc. 2019 Stock Incentive Plan (the “2019 Plan”). The 2019 Plan was approved by stockholders on May 14, 2019 to permit the issuance of up to 2,050,000 shares (subject to adjustment as defined in the 2019 Plan for shares that may become available from prior plans) of the Company’s common stock for incentive stock awards. The 2019 Plan will expire in May 2029.

The Dine Brands Global, Inc. 2016 Stock Incentive Plan (the “2016 Plan”) was adopted in 2016 to permit the issuance of up to 3,750,000 shares of the Company’s common stock for incentive stock awards. The 2016 Plan was terminated upon adoption of the 2019 Plan, but there are stock options (vested and unvested) and unvested restricted stock and restricted stock units issued under the 2016 Plan that are outstanding as of December 31, 2019.

The DineEquity, Inc. 2011 Stock Incentive Plan (the “2011 Plan”) was adopted in 2011 to permit the issuance of up to 1,500,000 shares of the Company’s common stock for incentive stock awards. The 2011 Plan was terminated upon adoption of the 2016 Plan, but there are vested stock options issued under the 2011 Plan that are outstanding as of December 31, 2019.

The IHOP Corp. 2001 Stock Incentive Plan (the “2001 Plan”) was adopted in 2001 and amended and restated in 2005 and 2008 to authorize the issuance of up to 4,200,000 shares of common stock. The 2001 Plan has expired but there are vested stock options issued under the 2001 Plan outstanding as of December 31, 2019.

The 2019 Plan, 2016 Plan, the 2011 Plan and the 2001 Plan are collectively referred to as the “Plans.”

Stock-Based Compensation Expense

From time to time, the Company has granted nonqualified stock options, restricted stock, cash-settled and stock-settled restricted stock units and performance units to officers, other employees and non-employee directors of the Company under the Plans. The nonqualified stock options generally vest ratably over a three-year period in one-third increments and have a maturity of ten years from the grant date. Options vest immediately upon a change in control of the Company, as defined in the Plans. Option exercise prices equal the closing price of the Company's common stock on the New York Stock Exchange on the date of grant. Restricted stock and restricted stock units are issued at no cost to the holder and vest over terms determined by the Compensation Committee of the Company's Board of Directors, generally three years from the date of grant or immediately upon a change in control of the Company, as defined in the Plans. The Company either utilizes treasury stock or issues new shares from its authorized but unissued share pool when vested stock options are exercised, when restricted stock awards are granted and when restricted stock units settle in stock upon vesting.

The following table summarizes the Company's stock-based compensation expense included as a component of general and administrative expenses in the consolidated financial statements:



	Year Ended December 31,
	2019			2018			2017
	(In millions)
Total stock-based compensation expense:
Equity classified awards expense	$	10.9		$	10.6		$	10.9
Liability classified awards expense (credit)	3.2			3.1			(1.0		)
Total pretax stock-based compensation expense	14.1			13.7			9.9
Book income tax benefit	(3.5		)	(3.5		)	(3.8		)
Total stock-based compensation expense, net of tax	$	10.6		$	10.2		$	6.1

As of December 31, 2019, total unrecognized compensation cost related to restricted stock and restricted stock units of $15.9 million and $3.0 million related to stock options is expected to be recognized over a weighted average period of approximately 1.3 years for restricted stock and restricted stock units and 1.3 years for stock options.

Equity Classified Awards - Stock Options

The per share fair values of the stock options granted have been estimated as of the date of grant using the Black-Scholes option pricing model. The Black-Scholes model considers, among other factors, the expected life of the option and the historical volatility of the Company's stock price. The Black-Scholes model meets the requirements of U.S. GAAP, but the fair values generated by the model may not be indicative of the actual fair values of the Company's stock-based awards.

The Company granted 132,832 stock options during the year ended December 31, 2019 for which the fair value was estimated using a Black-Scholes option pricing model. The following table summarizes the assumptions used in the Black-Scholes model:



	2019			2018			2017
Risk free interest rate	2.5		%	2.6		%	1.9		%
Weighted average historical volatility	30.3		%	26.1		%	22.9		%
Dividend yield	2.8		%	3.6		%	7.3		%
Expected years until exercise	4.7			4.6			4.5
Weighted average fair value of options granted	$	21.93		$	11.94		$	4.31

The Company granted 25,330 performance-based stock options and 55,245 performance-based restricted stock units during the year ended December 31, 2018, with performance periods ranging from 36 to 40 months. As of December 31, 2019, all of the stock options and 26,670 of the restricted stock units have been forfeited. During the year ended December 31, 2017, the Company granted 350,000 performance-based stock options and 175,000 performance-based restricted stock units with a performance period of approximately 42 months. These performance-based awards can vest from 0% to 100% of the award granted depending on the Company's stock price over certain measurement periods. Fair value of these grants was estimated using a Monte Carlo simulation method. The following summarizes the assumptions used in estimating the fair values:



	2018			2017
Risk free interest rate	2.5		%	1.6		%
Weighted average historical volatility	34.4		%	30.0		%
Dividend yield	3.4		%	9.6		%
Expected years until exercise	3.0			3.4
Weighted average fair value of options granted	$	9.79		$	3.07
Weighted average fair value of restricted stock units granted	$	53.72		$	10.19

Stock option activity for the years ended December 31, 2019, 2018 and 2017 is summarized as follows:



	Number of Shares Under Option		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (in Millions)
Outstanding at December 31, 2016	701,134		$	80.04
Granted	887,030		48.35
Exercised	(64,916	)	40.59
Forfeited	(171,847	)	65.82
Expired	(79,353	)	87.02
Outstanding at December 31, 2017	1,272,048		61.44
Granted	248,899		69.12
Exercised	(74,930	)	52.43
Forfeited	(6,309	)	68.80
Outstanding at December 31, 2018	1,439,708		63.21
Granted	132,832		98.97
Exercised	(211,352	)	57.36
Forfeited	(106,745	)	72.19
Expired	(37,005	)	93.06
Outstanding at December 31, 2019	1,217,438		$	66.43	5.7	$	24.1
Vested and Expected to Vest at December 31, 2019	1,146,329		$	67.06	5.6	$	22.0
Exercisable at December 31, 2019	561,872		$	77.80	3.1	$	5.9

The total intrinsic value of options exercised during the years ended December 31, 2019, 2018 and 2017 was $6.9 million, $2.4 million and $1.4 million, respectively.

Cash received from options exercised under all stock-based payment arrangements for the years ended December 31, 2019, 2018 and 2017 was $12.0 million, $3.9 million and $2.6 million, respectively. The actual tax benefit realized for the tax deduction from option exercises under the stock-based payment arrangements totaled $1.8 million, $0.6 million and $0.5 million, respectively, for the years ended December 31, 2019, 2018 and 2017.

Equity Classified Awards - Restricted Stock and Restricted Stock Units

Activity in equity classified awards of restricted stock and restricted stock units for the years ended December 31, 2019, 2018 and 2017 is as follows:



	Shares of Restricted Stock		Weighted Average Grant-Date Per Share Fair Value		Restricted Stock Units		Weighted Average Grant-Date Per Share Fair Value
Outstanding at December 31, 2016	235,472		$	92.91	34,058		$	93.95
Granted	216,269		51.89		281,973		22.37
Released	(92,968	)	88.62		(12,683	)	81.63
Forfeited	(83,582	)	79.52		—		—
Outstanding at December 31, 2017	275,191		65.97		303,348		28.39
Granted	92,466		69.20		86,990		57.21
Released	(74,253	)	81.07		(15,737	)	98.54
Forfeited	(26,162	)	61.27		(72	)	53.49
Outstanding at December 31, 2018	267,242		64.21		374,529		31.05
Granted	75,556		96.86		23,427		95.77
Released	(76,962	)	76.25		(12,347	)	90.34
Forfeited	(41,321	)	67.20		(27,802	)	34.53
Outstanding at December 31, 2019	224,515		$	70.52	357,807		$	30.35

Liability Classified Awards - Cash-settled Restricted Stock Units

The Company has granted cash-settled restricted stock units to certain employees. These instruments are recorded as liabilities at fair value as of the respective period end.



	Cash-Settled Restricted Stock Units		Weighted Average Grant Date Fair Value
Outstanding at December 31, 2018	53,766		$	79.07
Granted	20,989		83.58
Released	(462	)	83.18
Forfeited	(10,441	)	88.70
Outstanding at December 31, 2019	63,852		$	85.63

For the years ended December 31, 2019 and 2018, $1.6 million and $0.8 million, respectively, was included as stock-based compensation expense related to cash-settled restricted stock units.

Liability Classified Awards - Long-Term Incentive Awards

The Company has granted cash long-term incentive awards to certain employees (“LTIP awards”). Annual LTIP awards vest over a three-year period and are determined using a multiplier from 0% to 200% of the target award based on (i) the total stockholder return of the Company's common stock compared to the total stockholder returns of a peer group of companies and (ii) the percentage increase in the Company's adjusted earnings per share (as defined in the applicable award agreement). Though LTIP awards are only paid in cash, since the multiplier is primarily based on the price of the Company's common stock, the awards are considered stock-based compensation in accordance with U.S. GAAP and are classified as liabilities. For the years ended December 31, 2019 and 2018, expense of $1.7 million and $2.3 million, respectively, was included in stock-based compensation expense related to the LTIP awards. For the year ended December 31, 2017, a credit $1.0 million was included in stock-based compensation expense related to the LTIP awards. At December 31, 2019 and 2018, liabilities of $2.9 million and $2.4 million, respectively, were included as accrued employee compensation and benefits in the Consolidated Balance Sheets.

Commitments and Contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Outstanding purchase commitments	$ 115.9
Lease guarantees, future minimum payments due	40.4
Series 2014-1 Variable Funding Senior Notes Class A-1
Loss Contingencies [Line Items]
Letters of credit outstanding	2.8
Applebee's \| Property Lease Guarantee
Loss Contingencies [Line Items]
Outstanding lease guarantees	$ 257.2	$ 284.3

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Segment Reporting (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Rental revenues									$ 120,666	$ 121,934	$ 121,437
Revenues	$ 227,511	$ 217,405	$ 228,080	$ 237,182	$ 214,198	$ 194,099	$ 184,471	$ 188,163	910,178	780,931	731,725
Gross profit (loss), by segment									138,473	110,608	(428,309)
Total interest expense									70,200	71,000	72,700
Depreciation and amortization									42,493	32,175	30,648
Impairment of goodwill and intangible assets									0	0	531,634
Closure and other impairment charges									1,487	2,107	3,968
Impairment of goodwill and intangible assets and closure and other impairment charges									1,500	2,100	535,600
Capital expenditures									19,424	14,279	13,370
Goodwill (franchise segment)	343,862				345,314				343,862	345,314	339,200	$ 697,400
Total assets	2,049,511				1,774,680				2,049,511	1,774,680	1,735,600
Corporate
Segment Reporting Information [Line Items]
Interest expense									60,400	61,700	62,000
Depreciation and amortization									12,400	9,600	7,700
Capital expenditures									15,600	14,300	13,300
Total assets	223,200				226,800				223,200	226,800	181,300
Operating Segments
Segment Reporting Information [Line Items]
Gross profit (loss), by segment									382,800	353,100	338,700
Operating Segments \| Franchise operations
Segment Reporting Information [Line Items]
Gross profit (loss), by segment									338,400	313,300	300,400
Depreciation and amortization									10,300	10,500	10,800
Impairment of goodwill and intangible assets									0	0
Capital expenditures									600	0	0
Total assets	1,116,200				1,152,100				1,116,200	1,152,100	1,188,000
Operating Segments \| Rental operations
Segment Reporting Information [Line Items]
Rental revenues									120,700	121,900	121,400
Gross profit (loss), by segment									29,900	31,200	30,800
Interest expense									7,700	9,200	10,500
Depreciation and amortization									13,400	11,700	12,000
Total assets	503,800				255,600				503,800	255,600	278,800
Operating Segments \| Company restaurants
Segment Reporting Information [Line Items]
Gross profit (loss), by segment									8,000	1,200	(300)
Interest expense									2,100	100	200
Depreciation and amortization									6,400	400	100
Closure and other impairment charges									1,500	2,100	4,000
Capital expenditures									3,200	0	100
Total assets	134,300				66,500				134,300	66,500	0
Operating Segments \| Financing operations
Segment Reporting Information [Line Items]
Gross profit (loss), by segment									6,500	7,400	7,800
Total assets	$ 72,000				$ 73,700				72,000	73,700	87,500
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Gross profit (loss), by segment									(244,300)	(242,500)	(767,000)
Financial Service
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									7,112	7,979	8,352
Financial Service \| Operating Segments \| Financing operations
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									7,100	8,000	8,400
Franchisor
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									651,186	643,934	594,418
Franchisor \| Operating Segments \| Franchise operations
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									651,200	643,900	594,400
Food and Beverage
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									131,214	$ 7,084	7,518
Food and Beverage \| Operating Segments \| Company restaurants
Segment Reporting Information [Line Items]
Revenue from contract with customer, excluding assessed tax									$ 131,200		$ 7,500

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	24,925,447	24,984,898
Common stock, shares outstanding (in shares)	16,521,921	17,644,267
Treasury stock, shares outstanding (in shares)	8,403,526	7,340,631

The Company	12 Months Ended
The Company	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company	The Company The first International House of Pancakes^® (“IHOP”) restaurant opened in 1958 in Toluca Lake, California. Shortly thereafter, the Company began developing and franchising additional restaurants. The Company was incorporated as IHOP Corp. under the laws of the State of Delaware in 1976. In November 2007, the Company acquired Applebee's International, Inc., which became a wholly-owned subsidiary of the Company. Effective June 2, 2008, the name of the Company was changed to DineEquity, Inc. and on February 20, 2018, the name of the Company was changed to Dine Brands Global, Inc.^SM (“Dine Brands Global”). The Company owns, franchises and operates two restaurant concepts: Applebee's Neighborhood Grill + Bar^® (“Applebee's”), in the bar and grill segment within the casual dining category of the restaurant industry, and IHOP in the family dining category of the restaurant industry. As of December 31, 2019, there were 1,841 IHOP^® restaurants, of which 1,680 were subject to franchise agreements and 161 were subject to area license agreements. These IHOP restaurants were located in all 50 states of the United States, the District of Columbia, three United States territories and 13 countries outside the United States. As of December 31, 2019, there were 1,787 Applebee's^® restaurants, of which 1,718 were subject to franchise agreements and 69 were company-operated restaurants. These Applebee's restaurants were located in all 50 states of the United States, two United States territories and 12 countries outside the United States. References herein to Applebee's and IHOP restaurants are to these restaurant concepts, whether operated by franchisees, area licensees or the Company. Retail sales at restaurants that are owned by franchisees and area licensees are not attributable to the Company.

Stockholders' Deficit (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Dividends Declared

Dividends recorded during the fiscal years ended December 31, 2019, 2018 and 2017 were as follows:



	Year Ended December 31,
	2019			2018			2017
	(In millions)
Dividends declared from retained earnings	$	(48.1	)	$	—		$	(52.6	)
Dividends declared from additional paid-in capital	$	—		$	(44.7	)	$	(17.7	)

During the fiscal years ended December 31, 2019, 2018 and 2017, the Company declared and paid dividends on common stock as follows:



Year ended December 31, 2019	Declaration Date	Payment Date	Dividends declared per share		Dividends paid per share		Total dividends paid⁽¹⁾
							(In millions)
Payment of prior year declaration	(3)	January 4, 2019	—		$	0.63	$	11.4
First quarter	February 20, 2019	April 5, 2019	$	0.69	0.69		12.5
Second quarter	May 13, 2019	July 12, 2019	0.69		0.69		12.2
Third quarter	August 1, 2019	October 4, 2019	0.69		0.69		11.8
Fourth quarter	October 8, 2019	(2)	0.69		—		—
Total			$	2.76	$	2.70	$	47.9



Year ended December 31, 2018
Payment of prior year declaration	(4)	January 5, 2018	—		$	0.97	$	17.7
First quarter	February 14, 2018	April 6, 2018	$	0.63	0.63		11.5
Second quarter	May 14, 2018	July 6, 2018	0.63		0.63		11.4
Third quarter	August 2, 2018	October 5, 2018	0.63		0.63		11.4
Fourth quarter	October 6, 2018	(3)	0.63		—		—
Total			$	2.52	$	2.86	$	52.0



Year ended December 31, 2017
Payment of prior year declaration	(5)	January 6, 2017	$	—	$	0.97	$	17.5
First quarter	February 22, 2017	April 7, 2017	$	0.97	0.97		17.5
Second quarter	May 15, 2017	July 7, 2017	0.97		0.97		17.5
Third quarter	August 10, 2017	October 6, 2017	0.97		0.97		17.8
Fourth quarter	October 6, 2017	(4)	0.97		—		—
Total			$	3.88	$	3.88	$	70.3

^{(1) Includes dividend equivalents paid on restricted stock units}

^{(2) The fourth quarter 2019 dividend of}^$11.7^{million was paid on January 10, 2020.}

^{(3) The fourth quarter 2018 dividend of}^$11.4^{million was paid on January 4, 2019.}

^{(4) The fourth quarter 2017 dividend of}^$17.7^{million was paid on January 5, 2018.}

^{(5) The fourth quarter 2016 dividend of}^$17.5^{million was paid on January 6, 2017.}

Schedule of Repurchase Agreements

A summary of shares repurchased under the 2019 Repurchase Program and the 2015 Repurchase Program, during the year ended December 31, 2019 and cumulatively for each program, is as follows:



	Shares	Cost of shares
		(In millions)
2019 Repurchase Program:
Repurchased during the year ended December 31, 2019	1,237,698	$	103.3
Cumulative (life-of-program) repurchases	1,237,698	$	103.3
Remaining dollar value of shares that may be repurchased	n/a	$	96.7

2015 Repurchase Program:
Repurchased during the year ended December 31, 2019	110,499	$	8.4
Cumulative (life-of-program) repurchases	1,589,995	$	126.2
Remaining dollar value of shares that may be repurchased	n/a	n/a

Segment Reporting

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Segment Reporting

Information on segments and a reconciliation of gross profit to income before income tax provision is as follows:



	Year Ended December 31,
	2019			2018			2017
Revenues				(In millions)
Franchise operations	$	651.2		$	643.9		$	594.4
Rental operations	120.7			121.9			121.4
Company restaurants	131.2			7.1			7.5
Financing operations	7.1			8.0			8.4
Total	$	910.2		$	780.9		$	731.7

Gross profit (loss), by segment
Franchise operations	$	338.4		$	313.3		$	300.4
Rental operations	29.9			31.2			30.8
Company restaurants	8.0			1.2			(0.3		)
Financing operations	6.5			7.4			7.8
Total gross profit	382.8			353.1			338.7
Corporate and unallocated expenses, net	(244.3		)	(242.5		)	(767.0		)
Income (loss) before income taxes	$	138.5		$	110.6		$	(428.3	)

Interest expense
Rental operations	$	7.7		$	9.2		$	10.5
Company restaurants	2.1			0.1			0.2
Corporate	60.4			61.7			62.0
Total	$	70.2		$	71.0		$	72.7

Depreciation and amortization
Franchise operations	$	10.3		$	10.5		$	10.8
Rental operations	13.4			11.7			12.0
Company restaurants	6.4			0.4			0.1
Corporate	12.4			9.6			7.7
Total	$	42.5		$	32.2		$	30.6

Impairment of goodwill and intangible assets, closure and other impairment charges
Franchise operations	$	—		$	—		$	531.6
Company restaurants	1.5			2.1			4.0
Total	$	1.5		$	2.1		$	535.6

Capital expenditures
Franchise operations	$	0.6		$	—		$	—
Company restaurants	$	3.2		$	—		$	0.1
Corporate	15.6			14.3			13.3
Total	$	19.4		$	14.3		$	13.4

Goodwill (franchise segment)	$	343.9		$	345.3		$	339.2

Total assets
Franchise operations	$	1,116.2		$	1,152.1		$	1,188.0
Rental operations	503.8			255.6			278.8
Company restaurants	134.3			66.5			—
Financing operations	72.0			73.7			87.5
Corporate	223.2			226.8			181.3
Total	$	2,049.5		$	1,774.7		$	1,735.6

Goodwill - (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The significant majority of the Company's goodwill arose from the November 29, 2007 acquisition of Applebee's. Changes in the carrying amount of goodwill for the years ended December 31, 2019, 2018 and 2017 are as follows:



	Applebee's Franchise Unit			Applebee's Company Unit			IHOP Franchise Unit		Total
	(In millions)
Balance at December 31, 2016	$	686.6		$	—		$	10.8	$	697.4
Impairment	(358.2		)	—			—		(358.2		)
Balance at December 31, 2017	328.4			—			10.8		339.2
Business acquisition	—			6.1			—		6.1
Balance at December 31, 2018	328.4			6.1			10.8		345.3
Purchase price adjustment related to business acquisition	—			(1.5		)	—		(1.5		)
Balance at December 31, 2019	$	328.4		$	4.6		$	10.8	$	343.9

Gross and net carrying amounts of goodwill at December 31, 2019 and 2018 are as follows:



	December 31, 2019							December 31, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(In millions)
Applebee's Franchise Unit	$	686.6	$	(358.2	)	$	328.4	$	686.6	$	(358.2	)	$	328.4
Applebee's Company Unit	4.6		—			4.6		6.1		—			6.1
IHOP Franchise Unit	10.8		—			10.8		10.8		—			10.8
Total	$	702.1	$	(358.2	)	$	343.9	$	703.5	$	(358.2	)	$	345.3

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Commitments In some instances, the Company enters into commitments to purchase advertising and other items. Most of these agreements are fixed price purchase commitments. At December 31, 2019, the outstanding purchase commitments were $115.9 million, the majority of which related to advertising. Lease Guarantees In connection with the sale of Applebee's restaurants to franchisees and other parties, the Company has, in certain cases, guaranteed or had potential continuing liability for lease payments. The Company had outstanding lease guarantees or was contingently liable for approximately $257.2 million and $284.3 million as of December 31, 2019 and 2018 respectively. These amounts represent the maximum potential liability of future payments under these leases. Excluding unexercised option periods, the Company's potential liability for future payments under these leases as of December 31, 2019 was $40.4 million. These leases have been assigned to the buyers and expire at the end of the respective lease terms, which range from 2020 through 2048. In the event of default, the indemnity and default clauses in our sale or assignment agreements govern our ability to pursue and recover damages incurred. No material liabilities for these guarantees have been recorded as of December 31, 2019. Litigation, Claims and Disputes The Company is subject to various lawsuits, governmental inspections, administrative proceedings, audits, and claims arising in the ordinary course of business. Some of these lawsuits purport to be class actions and/or seek substantial damages. The Company is required to record an accrual for litigation loss contingencies that are both probable and reasonably estimable. Legal fees and expenses associated with the defense of all of the Company's litigation are expensed as such fees and expenses are incurred. In the opinion of management, these matters are adequately covered by insurance or, if not so covered, are without merit or are of such a nature or involve amounts that would not have a material adverse impact on the Company's business or consolidated financial statements. Management regularly assesses the Company's insurance deductibles, analyzes litigation information with the Company's attorneys and evaluates its loss experience in connection with pending legal proceedings. While the Company does not presently believe that any of the legal proceedings to which the Company is currently a party will ultimately have a material adverse impact on the Company, there can be no assurance that the Company will prevail in all the proceedings the Company is party to, or that the Company will not incur material losses from them. Letters of Credit The Company provides letters of credit, primarily to various insurance carriers to collateralize obligations for outstanding claims. As of December 31, 2019, the Company had approximately $2.8 million of unused letters of credit outstanding that reduce the Company's available borrowing under its 2019 Class A-1 Notes. These letters of credit expire on various dates in 2020 and are automatically renewed for an additional year if no cancellation notice is submitted.

Refranchising of Company-operated Restaurants (Notes)	12 Months Ended
Refranchising of Company-operated Restaurants (Notes)	Dec. 31, 2019
Leases [Abstract]
Refranchising of Company-operated Restaurants	Refranchising of Company-operated Restaurants In June 2017, the Company completed the refranchising and sale of related restaurant assets of nine company-operated IHOP restaurants in the Cincinnati, Ohio market area. As part of the transaction, the Company entered into an asset purchase agreement, nine franchise agreements and nine sublease agreements for land and buildings. The Company compared the stated rent under the sublease agreements with comparable market rents and recorded net favorable lease assets of $2.3 million in connection with the transaction. The Company also received cash of $1.1 million and a note receivable for $4.8 million. After allocating a portion of the consideration to franchise fees and derecognizing the assets sold, the Company recognized a gain of $6.2 million on the refranchising and sale of related restaurant assets during the year ended December 31, 2017.

Lease Disclosures

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Disclosures

The Company engages in leasing activity as both a lessee and a lessor. The majority of the Company's lease portfolio originated when the Company was actively involved in the development and financing of IHOP restaurants prior to the franchising of the restaurant to the franchisee. This activity included the Company's purchase or leasing of the site on which the restaurant was located and subsequently leasing/subleasing the site to the franchisee. With a few exceptions, the Company ended this practice in 2003 and the Company's current lease activity is predominantly comprised of renewals of existing lease arrangements and exercises of options on existing lease arrangements.

The Company currently leases from third parties the real property on which approximately 600 IHOP franchisee-operated restaurants and one Applebee's franchisee-operated restaurant are located; the Company (as lessor) subleases the property to the franchisees that operate those restaurants. The Company also leases property it owns to the franchisees that operate approximately 60 IHOP restaurants and one Applebee's restaurant. The Company leases from third parties the real property on which 69 Applebee's company-operated restaurants are located. The Company also leases office space for its principal corporate office in Glendale, California and restaurant support centers in Kansas City, Missouri and Raleigh, North Carolina. The Company does not have a significant amount of non-real estate leases.

The Company's existing leases/subleases related to IHOP restaurants generally provide for an initial term of 20 to 25 years, with most having one or more five-year renewal options. Leases related to Applebee's restaurants generally have an initial term of 10 to 20 years, with renewal terms of five to 20 years. Option periods were not included in determining liabilities and right-of-use assets related to operating leases. Approximately 175 of the Company's leases contain provisions requiring additional rent payments to the Company (as lessor) based on a percentage of restaurant sales. Approximately 250 of the Company's leases contain provisions requiring additional rent payments by the Company (as lessee) based on a percentage of restaurant sales.

The individual lease agreements do not provide information to determine the implicit interest rate in the agreements. The Company made significant judgments in determining the incremental borrowing rates that were used in calculating operating lease liabilities as of the adoption date. Due to the large number of leases, the Company applied a portfolio approach by grouping the leases based on the original lease term. The Company estimated the interest rate for each grouping primarily by reference to (i) yield rates on debt issuances by companies of a similar credit rating as the Company; (ii) U.S. Treasury rates as of the adoption date; and (iii) adjustments for differences in years to maturity.

The Company's lease cost for the year ended December 31, 2019 was as follows:



		Year ended December 31, 2019
Finance lease cost:	(In millions)
Amortization of right-of-use assets		$	5.3
Interest on lease liabilities		7.7
Operating lease cost		106.2
Variable lease cost		2.7
Short-term lease cost		0.0
Sublease income		(110.9		)
Lease cost		$	11.0

Future minimum lease payments under noncancelable leases as lessee as of December 31, 2019 were as follows:



	Finance Leases			Operating Leases
	(In millions)
2020	$	19.8		$	97.4
2021	16.4			81.1
2022	14.7			73.4
2023	11.6			60.6
2024	9.4			54.9
Thereafter	55.7			173.0
Total minimum lease payments	127.6			540.4
Less: interest/imputed interest	(37.3		)	(108.6		)
Total obligations	90.3			431.8
Less: current portion	(12.9		)	(72.8		)
Long-term lease obligations	$	77.4		$	359.0

The weighted average remaining lease term as of December 31, 2019 was 8.6 years for finance leases and 7.7 years for operating leases. The weighted average discount rate as of December 31, 2019 was 10.4% for finance leases and 5.7% for operating leases.

During the year ended December 31, 2019, the Company made the following cash payments for leases:



		Year ended December 31, 2019
	(In millions)
Principal payments on finance lease obligations		$	13.6
Interest payments on finance lease obligations		$	7.7
Payments on operating leases		$	91.9
Variable lease payments		$	2.5

The Company's income from operating leases for the year ended December 31, 2019 was as follows:



		Year ended December 31, 2019
	(In millions)
Minimum lease payments		$	102.8
Variable lease income		11.5
Total operating lease income		$	114.3

Future minimum payments to be received as lessor under noncancelable operating leases as of December 31, 2019 were as follows:



	(In millions)
2020	$	108.3
2021	102.6
2022	99.6
2023	95.2
2024	86.5
Thereafter	214.5
Total minimum rents receivable	$	706.7

The Company's income from direct financing leases at December 31, 2019 was as follows:



		Year ended December 31, 2019
	(In millions)
Interest income		$	5.0
Variable lease income		1.3
Total operating lease income		$	6.3

Future minimum payments to be received as lessor under noncancelable direct financing leases as of December 31, 2019 were as follows:



	(In millions)
2020	$	14.6
2021	11.5
2022	8.2
2023	3.6
2024	1.3
Thereafter	2.5
Total minimum rents receivable	41.7
Less: unearned income	(7.7		)
Total net investment in direct financing leases	34.0
Less: current portion	(11.0		)
Long-term investment in direct financing leases	$	23.0

The following disclosures for the year ended December 31, 2018 were made in accordance with the accounting guidance for leases in effect at that time.

The following is the Company's net investment in direct financing lease receivables:



	December 31,
	2018
	(In millions)
Total minimum rents receivable	$	57.3
Less: unearned income	(12.4		)
Net investment in direct financing leases receivable	44.9
Less: current portion	(11.2		)
Long-term direct financing leases receivable	$	33.7

Contingent rental income, which is the amount above and beyond base rent, for the years ended December 31, 2018 and 2017 was $14.3 million and $14.0 million, respectively.

The following is the Company's net investment in equipment leases receivable:



	December 31,
	2018
	(In millions)
Total minimum leases receivable	$	89.9
Less: unearned income	(24.1		)
Net investment in equipment leases receivable	65.8
Less: current portion	(8.5		)
Long-term equipment leases receivable	$	57.3

The following are minimum future lease payments on noncancelable leases as lessee at December 31, 2018:



	Capital Leases			Operating Leases
	(In millions)
2019	$	21.0		$	91.2
2020⁽¹⁾	19.3			92.8
2021	16.2			75.7
2022	14.3			67.6
2023	11.6			55.2
Thereafter	63.4			210.6
Total minimum lease payments	145.8			$	593.0
Less: interest	(44.6		)
Capital lease obligations	101.2
Less: current portion⁽¹⁾	(13.4		)
Long-term capital lease obligations	$	87.8

______________________________________________________

⁽¹⁾Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in fiscal 2020.

⁽²⁾Included in current maturities of capital lease and financing obligations on the consolidated balance sheet.

The asset cost and carrying amount on company-owned property leased at December 31, 2018 was $89.0 million and $58.8 million, respectively. The asset cost and carrying amount on company-owned property leased at December 31, 2017, was $89.0 million and $60.0 million, respectively. The asset cost and carrying amounts represent the land and building asset values and net book values on sites leased to franchisees.

The minimum future lease payments shown above have not been reduced by the following future minimum rents to be received on noncancelable subleases and leases of owned property at December 31, 2018:



	Direct Financing Leases		Operating Leases
	(In millions)
2019	$	16.2	$	105.9
2020⁽¹⁾	14.8		106.3
2021	11.7		100.2
2022	8.2		96.2
2023	3.5		91.8
Thereafter	2.9		271.8
Total minimum rents receivable	$	57.3	$	772.2

______________________________________________________

⁽¹⁾Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in fiscal 2020.

The Company has noncancelable leases, expiring at various dates through 2057, which require payment of contingent rents based upon a percentage of sales of the related restaurant as well as property taxes, insurance and other charges. Subleases to franchisees of properties under such leases are generally for the full term of the lease obligation at rents that include the Company's obligations for property taxes, insurance, contingent rents and other charges. Generally, the noncancelable leases include renewal options. Contingent rent expense for all noncancelable leases for the years ended December 31, 2018 and 2017 was $2.7 million and $2.6 million, respectively. Minimum rent expense for all noncancelable operating leases for the years ended December 31, 2018 and 2017 was $80.8 million and $73.0 million, respectively.

Income Taxes

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

The provision (benefit) for income taxes for the years ended December 31, 2019, 2018 and 2017 was as follows:



	Year Ended December 31,
	2019			2018			2017
Provision (benefit) for income taxes:	(In millions)
Current
Federal	$	31.2		$	33.6		$	42.6
State	6.5			6.4			5.1
Foreign	1.9			2.1			2.9
	39.6			42.1			50.6
Deferred
Federal	(3.8		)	(7.8		)	(131.0		)
State	(1.7		)	(4.0		)	(5.1		)
	(5.5		)	(11.8		)	(136.1		)
Provision (benefit) for income taxes	$	34.1		$	30.3		$	(85.6	)

The provision (benefit) for income taxes differs from the expected federal income tax rates as follows:



	Year Ended December 31,
	2019		2018		2017
Statutory federal income tax rate	21.0	%	21.0	%	35.0	%
Non-deductibility of goodwill impairment	—		—		(29.3	)
Change in federal tax rate	—		—		15.5
State and other taxes, net of federal tax benefit	2.8		3.6		0.4
Change in unrecognized tax benefits	1.8		3.3		(0.7	)
Change in valuation allowance	0.5		0.4		0.3
Domestic production activity deduction	—		—		0.3
Changes in tax rates and state tax laws	(0.5	)	(1.6	)	(0.3	)
Change in accounting for excess tax deficiencies/benefits	(0.6	)	0.1		(0.5	)
General business credits	(1.3	)	(0.2	)	0.0
Other	0.9		0.8		(0.7	)
Effective tax rate	24.6	%	27.4	%	20.0	%

The difference in the 2019 overall effective tax rate from the U.S. statutory rate was primarily attributed to state taxes and unrecognized tax benefits offset by benefits associated with an increase in general business credits.

The Company applied a lower state tax rate to the deferred tax balances during fourth quarter of 2018, a result of the state legislative changes and the acquisition of 69 Applebee’s restaurants in December 2018. The change in the state tax rate applied to the deferred tax balances lowered the 2018 effective tax rate by 1.6%.

The Company recognized a $358.2 million impairment of goodwill during the third quarter of 2017 that was not deductible for federal income tax purposes and therefore had no associated tax benefit. The impairment of goodwill lowered the 2017 effective tax rate by 29.3%. Additionally, the Company was required to revalue its deferred taxes at the federal tax rate of 21% in accordance with the Tax Act. The change in the federal tax rate applied to the deferred tax balances increased the 2017 effective tax rate by 15.5%.

The Company files federal income tax returns and the Company or one of its subsidiaries file income tax returns in various state and international jurisdictions. The IRS Examination of tax years 2011 to 2013 concluded during the second quarter of 2019, and the Company received a refund of $13.3 million, inclusive of interest income of $0.9 million. With few exceptions, the Company is no longer subject to federal tax examinations by tax authorities for years before 2014 and state or non-United States tax examinations by tax authorities for years before 2011. The Company believes that adequate reserves have been recorded relating to all matters contained in the tax periods open to examination.

Net deferred tax assets (liabilities) consisted of the following components:



	2019			2018
	(In millions)
Employee compensation	$	9.2		$	9.0
Revenue recognition	32.8			34.3
Other	5.9			16.8
Deferred tax assets	47.9			60.1
Valuation allowance	(1.5		)	(0.4		)
Total deferred tax assets after valuation allowance	46.4			59.7
Recognition of franchise and equipment sales	(13.7		)	(16.8		)
Capitalization and depreciation ⁽¹⁾	(130.8		)	(139.2		)
Acquisition financing costs	—			(0.6		)
Basis of property and equipment	—			(8.1		)
Other	(0.4		)	(0.8		)
Deferred tax liabilities	(144.9		)	(165.5		)
Net deferred tax liabilities	$	(98.5	)	$	(105.8	)

____________________________


⁽¹⁾	Primarily related to the 2007 Applebee's acquisition.

As of each reporting date, the Company’s management considers new evidence, both positive and negative, that could impact management’s view with regards to future realization of deferred tax assets. As of December 31, 2019, management determined it is more likely than not that the benefit from foreign tax credit carryforward will not be realized. In recognition of this risk, the Company provided a valuation allowance of $1.5 million on the deferred tax assets related to the foreign tax credit carryforward.

The Company had gross operating loss carryforwards for state tax purposes of $0.5 million and $0.4 million as of December 31, 2019 and 2018, respectively. The net operating loss carryforwards begin to expire in 2031 if not utilized.

The total gross unrecognized tax benefit as of December 31, 2019 and 2018 was $7.6 million and $5.2 million, respectively, excluding interest, penalties and related income tax benefits. If recognized, these amounts would affect the Company's effective income tax rates.

The Company estimates the unrecognized tax benefits may decrease over the upcoming 12 months by an amount up to $1.5 million related to settlements with taxing authorities, statutes of limitations expirations and method changes. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



	Year Ended December 31,
	2019			2018			2017
Unrecognized tax benefit as of January 1	$	5.2		$	5.9		$	3.9
Changes for tax positions of prior years	2.1			3.8			2.8
Increases for tax positions related to the current year	0.5			0.4			0.6
Decreases relating to settlements and lapsing of statutes of limitations	(0.2		)	(4.9		)	(1.4		)
Unrecognized tax benefit as of December 31	$	7.6		$	5.2		$	5.9

As of December 31, 2019, the accrued interest was $2.5 million and accrued penalties were less than $0.1 million, excluding any related income tax benefits. As of December 31, 2018, the accrued interest and penalties were $1.1 million and less than $0.1 million, respectively, excluding any related income tax benefits. The Company recognizes interest accrued related to unrecognized tax benefits and penalties as a component of the income tax provision recognized in the Consolidated Statements of Comprehensive Income (Loss).

Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Rental revenues	$ 120,666	$ 121,934	$ 121,437
Total revenues	910,178	780,931	731,725
Cost of revenues:
Total franchise expenses	312,754	330,619	293,986
Company restaurant expenses	123,272	5,872	7,838
Interest expense from finance leases	5,602	6,894	8,153
Other rental expenses	85,157	83,862	82,439
Total rental expenses	90,759	90,756	90,592
Financing expenses	579	597	598
Total cost of revenues	527,364	427,844	393,014
Gross profit	382,814	353,087	338,711
General and administrative expenses	162,815	166,683	165,679
Interest expense	60,393	61,686	61,979
Amortization of intangible assets	11,702	10,105	10,009
Closure and other impairment charges	1,487	2,107	3,968
Loss on extinguishment of debt	8,276	0	0
Debt refinancing costs	0	2,523	0
Gain on disposition of assets	(332)	(625)	(6,249)
Impairment of goodwill and intangible assets	0	0	531,634
Income (loss) before income tax (provision) benefit	138,473	110,608	(428,309)
Income tax (provision) benefit	(34,127)	(30,254)	85,559
Net income (loss)	104,346	80,354	(342,750)
Other comprehensive income (loss), net of tax:
Adjustment to unrealized loss on available-for-sale investments	0	50	0
Foreign currency translation adjustment	2	(5)	2
Total comprehensive income (loss)	104,348	80,399	(342,748)
Net income (loss) available to common stockholders:
Net income (loss)	104,346	80,354	(342,750)
Less: Net (income) loss allocated to unvested participating restricted stock	(3,532)	(2,711)	6,768
Net income (loss) available to common stockholders	$ 100,814	$ 77,643	$ (335,982)
Net income (loss) available to common stockholders per share:
Basic (in dollars per share)	$ 5.95	$ 4.43	$ (18.96)
Diluted (in dollars per share)	$ 5.85	$ 4.37	$ (18.96)
Weighted average shares outstanding:
Basic (in shares)	16,934	17,533	17,725
Diluted (in shares)	17,245	17,789	17,740
Franchisor
Revenues:
Revenue from contract with customer, excluding assessed tax	$ 651,186	$ 643,934	$ 594,418
Franchisor - Royalties, franchise fees, and other
Revenues:
Revenue from contract with customer, excluding assessed tax	368,171	375,640	360,253
Franchisor - Advertising Revenue
Revenues:
Revenue from contract with customer, excluding assessed tax	283,015	268,294	234,165
Food and Beverage
Revenues:
Revenue from contract with customer, excluding assessed tax	131,214	7,084	7,518
Financial Service
Revenues:
Revenue from contract with customer, excluding assessed tax	7,112	7,979	8,352
Advertising
Revenues:
Revenue from contract with customer, excluding assessed tax	283,015	268,294	234,165
Cost of revenues:
Total franchise expenses	281,781	269,590	243,096
Franchise
Cost of revenues:
Total franchise expenses	$ 30,973	$ 61,029	$ 50,890

Goodwill - Gross and net carrying amounts of goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill [Line Items]
Gross	$ 702,100	$ 703,500
Accumulated Amortization	(358,200)	(358,200)
Net	343,862	345,314	$ 339,200	$ 697,400
Franchised \| Applebee's
Goodwill [Line Items]
Gross	686,600	686,600
Accumulated Amortization	(358,200)	(358,200)
Net	328,400	328,400	328,400	686,600
Franchised \| IHOP
Goodwill [Line Items]
Gross	10,800	10,800
Accumulated Amortization	0	0
Net	10,800	10,800	10,800	10,800
Entity Operated Units \| Applebee's
Goodwill [Line Items]
Gross	4,600	6,100
Accumulated Amortization	0	0
Net	$ 4,600	$ 6,100	$ 0	$ 0

Lease Disclosures - Future Minimum Lease Payments (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020 monthly_payment	Dec. 31, 2019 USD ($)
Capital Leases
2019		$ 21.0
2020		19.3
2021		16.2
2022		14.3
2023		11.6
Thereafter		63.4
Total minimum lease payments		145.8
Less: interest		(44.6)
Capital lease obligations		101.2
Less: current portion		(13.4)
Long-term capital lease obligations		87.8
Operating Leases
2019		91.2
2020		92.8
2021		75.7
2022		67.6
2023		55.2
Thereafter		210.6
Total minimum lease payments		$ 593.0
Forecast
Operating Leases
Number of monthly obligation payments in fiscal year \| monthly_payment	13

Lease Disclosures - Components of Lease Income (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($)
Leases [Abstract]
Minimum lease payments	$ 102.8
Variable lease income	11.5
Total operating lease income	$ 114.3

Closure and Other Impairment Charges

12 Months Ended

Dec. 31, 2019

Restructuring Charges [Abstract]

Closure and Other Impairment Charges

Closure and other impairment charges for the years ended December 31, 2019, 2018 and 2017 were as follows:



	Year Ended December 31,
	2019		2018		2017
	(In millions)
Closure charges	$	1.5	$	2.0	$	3.9
Long-lived tangible asset impairment	—		0.1		0.1
Total closure and impairment charges	$	1.5	$	2.1	$	4.0

Closure Charges

Approximately $0.5 million of closure charges for the year ended December 31, 2019 related to two IHOP restaurants and one Applebee's restaurant closed during 2019, with the remainder primarily related to adjustments to the reserve for IHOP and Applebee's restaurants closed prior to 2019. Approximately $1.8 million of closure charges for the year ended December 31, 2018 related to one IHOP franchise restaurant closed during 2018, with the remainder primarily related to adjustments to the reserve for IHOP and Applebee's restaurants closed prior to 2018. Approximately $2.2 million of closure charges for the year ended December 31, 2017 related to one IHOP company-operated restaurant closed during 2017, with the remainder primarily related to adjustments to the reserve for IHOP and Applebee's restaurants closed prior to 2017.

Long-lived Tangible Asset Impairment

There were no long-lived tangible asset impairment charges for the year ended December 31, 2019. Long-lived tangible asset impairment charges for the year ended December 31, 2018 and 2017 were insignificant.

Other Intangible Assets - Other Intangible Assets Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Indefinite-lived Intangible Assets [Roll Forward]
Finite lived, beginning of period	$ 104,200
Total other intangible assets, beginning of period	585,889	$ 582,800	$ 763,400
Impairment			(173,400)
Amortization expense	(11,800)	(10,100)	(10,000)
Additions	1,000	13,200	2,800
Finite lived, end of period	92,900	104,200
Total other intangible assets, end of period	575,103	585,889	582,800
Tradename \| Not Subject to Amortization
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite lived, beginning of period	479,000	479,000	652,400
Impairment			(173,400)
Indefinite lived, end of period	479,000	479,000	479,000
Other \| Not Subject to Amortization
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite lived, beginning of period	2,700	2,400	2,000
Additions	500	300	400
Indefinite lived, end of period	3,200	2,700	2,400
Franchising Rights \| Subject to Amortization
Indefinite-lived Intangible Assets [Roll Forward]
Finite lived, beginning of period	89,000	99,000	109,000
Amortization expense	(10,000)	(10,000)	(10,000)
Finite lived, end of period	79,000	89,000	99,000
Reacquired Franchise Rights \| Subject to Amortization
Indefinite-lived Intangible Assets [Roll Forward]
Finite lived, beginning of period	11,500	0	0
Amortization expense	(1,700)	(100)
Additions		11,600
Finite lived, end of period	9,800	11,500	0
Leaseholds
Indefinite-lived Intangible Assets [Roll Forward]
Additions		1,300
Leaseholds \| Subject to Amortization
Indefinite-lived Intangible Assets [Roll Forward]
Finite lived, beginning of period	3,700	2,400	0
Amortization expense	(100)	(0)
Additions	500
Finite lived, end of period	$ 4,100	$ 3,700	$ 2,400

Basis of Presentation and Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Principles of Consolidation

Fiscal Periods

Use of Estimates

Concentration of Credit Risk

own a large number of Applebee's or IHOP restaurants.

Cash and Cash Equivalents

Restricted Cash

Current

Non-current

Property and Equipment



Category		Depreciable Life
Buildings and improvements		25 to 40 years
Leaseholds and improvements		Shorter of primary lease term or between three to 40 years
Equipment and fixtures		Three to five years
Internal-use software		Three to 10 years
Properties under finance leases		Primary lease term or remaining primary lease term

Long-Lived Assets

Goodwill and Intangible Assets

Revenue Recognition

Franchise Revenue

The Company recognizes the primary components of the transaction price as follows:


•	Franchise and development fees are recognized as revenue ratably on a straight-line basis over the term of the franchise agreement commencing with the restaurant opening date. As these fees are typically received in cash at or near the beginning of the franchise term, the cash received is initially recorded as a contract liability until recognized as revenue over time;

•


•	Revenue from the sales of proprietary pancake and waffle dry mix is recognized in the period in which distributors ship the franchisee's order; recognition of revenue results in accounts receivable on the balance sheet.

Company Restaurant Revenue

Rental operations revenue includes revenue from operating leases and interest income from direct financing leases. See Basis of Presentation and Summary of Significant Accounting Policies - Leases.

Allowance for Credit Losses

Leases

base rent plus an additional percentage of the restaurant’s sales. Subsequent escalations subject to such an index and contingent rental payments are recognized as variable lease expense.

Pre-opening Expenses

Expenditures related to the opening of new or relocated restaurants are charged to expense when incurred.

Advertising

Advertising fees included as franchise revenue for the years ended December 31, 2019, 2018 and 2017 were $283.0 million, $268.3 million and $234.2 million, respectively.

Fair Value Measurements


•	Level 1 inputs are quoted prices in active markets for identical assets or liabilities.


•	Level 2 inputs are observable for the asset or liability, either directly or indirectly, including quoted prices in active markets for similar assets or liabilities.


•	Level 3 inputs are unobservable and reflect the Company's own assumptions.

The Company believes the fair values of cash equivalents, restricted cash, accounts receivable and accounts payable approximate their carrying amounts due to their short duration.

Income Taxes

Stock-Based Compensation

Net Income Per Share

Net Income (Loss) Per Share

Treasury Stock

Dividends

Reporting Segments

Franchise Segment

Franchise operations expenses include advertising expense, the cost of proprietary products, pre-opening training expenses and other franchise-related costs.

Rental Segment

Financing Segment

Company Segment

Accounting Standards Adopted in the Current Fiscal Year and Newly Issued Accounting Standards Not Yet Adopted

Accounting Standards Adopted Effective January 1, 2019

Newly Issued Accounting Standards Not Yet Adopted

Revenue Disclosures

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenue Disclosures

The following table disaggregates our franchise revenue by major type for the years ended December 31, 2019, 2018 and 2017:



	Year ended December 31,
	2019		2018		2017
	(In thousands)
Franchise Revenue:
Royalties	$	302,169	$	311,568	$	297,817
Advertising fees	283,015		268,294		234,165
Pancake and waffle dry mix sales and other	53,973		52,108		50,538
Franchise and development fees	12,029		11,964		11,898
Total franchise revenue	$	651,186	$	643,934	$	594,418

Accounts and other receivables from franchisees as of December 31, 2019 and 2018 were $63.5 million (net of allowance of $0.7 million) and $62.6 million (net of allowance of $4.6 million), respectively, and were included in receivables, net in the Consolidated Balance Sheets.

Changes in the Company's contract liability for deferred franchise revenue during the year ended December 31, 2019 were as follows:



	Deferred Franchise Revenue (short- and long-term)
	(In thousands)
Balance at December 31, 2018	$	74,695
Recognized as revenue during the year ended December 31, 2019	(11,350		)
Fees deferred during the year ended December 31, 2019	3,685
Balance at December 31, 2019	$	67,030

The balance of deferred franchise revenue as of December 31, 2019 is expected to be recognized as follows:



	(In thousands)
2020	$	10,086
2021	7,862
2022	7,337
2023	6,765
2024	6,074
Thereafter	28,906
Total	$	67,030

Property and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment by category is as follows:



	2019			2018
	(In millions)
Leaseholds and improvements	$	235.4		$	255.7
Equipment and fixtures	95.4			90.1
Properties under finance lease	100.5			100.3
Buildings and improvements	56.6			57.9
Land	55.9			56.4
Construction in progress	4.7			3.7
Property and equipment, gross	548.5			564.1
Less: accumulated depreciation and amortization	(332.1		)	(323.8		)
Property and equipment, net	$	216.4		$	240.3

The Company recorded depreciation expense on property and equipment of $30.8 million, $22.1 million and $20.6 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Accumulated depreciation and amortization includes accumulated amortization for properties under finance lease in the amount of $51.1 million and $46.2 million at December 31, 2019 and 2018, respectively.

Other Intangible Assets - (Details) $ in Thousands	12 Months Ended
Other Intangible Assets - (Details) $ in Thousands	Dec. 31, 2019 USD ($) Restaurant	Dec. 31, 2018 USD ($) Restaurant	Dec. 31, 2017 USD ($) Restaurant	Jun. 30, 2017 USD ($)	Dec. 31, 2016 USD ($)
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 92,900	$ 104,200		$ 2,400
Amortization expense 2019	11,000
Amortization expense 2020	10,500
Amortization expense 2021	10,500
Amortization expense 2022	10,500
Amortization expense 2023	$ 10,500
Weighted average life of intangible assets subject to amortization	18 years 6 months	20 years
Impairment			$ 173,400
Income tax benefit	$ (34,127)	$ (30,254)	$ 85,559
Applebee's
Finite-Lived Intangible Assets [Line Items]
Number of restaurants \| Restaurant	1,787
IHOP
Finite-Lived Intangible Assets [Line Items]
Number of restaurants \| Restaurant	1,841
Entity Operated Units \| Applebee's
Finite-Lived Intangible Assets [Line Items]
Number of restaurants \| Restaurant	69	69
Franchised \| Applebee's
Finite-Lived Intangible Assets [Line Items]
Number of restaurants \| Restaurant	1,718
Franchised \| IHOP
Finite-Lived Intangible Assets [Line Items]
Number of restaurants \| Restaurant	1,680
Number of restaurants refranchised \| Restaurant			9
Reacquired Franchise Rights \| Subject to Amortization
Finite-Lived Intangible Assets [Line Items]
Additions		$ 11,600
Intangible assets, net	$ 9,800	$ 11,500	$ 0		$ 0
Tradename \| Not Subject to Amortization
Finite-Lived Intangible Assets [Line Items]
Impairment			$ 173,400
Income tax benefit	$ 65,100

Income Taxes - Income tax rate reconciliation (Details)	12 Months Ended
Income Taxes - Income tax rate reconciliation (Details)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	21.00%	21.00%	35.00%
Non-deductibility of goodwill impairment	0.00%	0.00%	(29.30%)
Change in federal tax rate	0.00%	0.00%	15.50%
State and other taxes, net of federal tax benefit	2.80%	3.60%	0.40%
Change in unrecognized tax benefits	1.80%	3.30%	(0.70%)
Change in valuation allowance	0.50%	0.40%	0.30%
Domestic production activity deduction	0.00%	0.00%	0.30%
Changes in tax rates and state tax laws	(0.50%)	(1.60%)	(0.30%)
Change in accounting for excess tax deficiencies/benefits	(0.60%)	0.10%	(0.50%)
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount	(1.30%)	(0.20%)	(0.00%)
Other	0.90%	0.80%	(0.70%)
Effective tax rate	24.60%	27.40%	20.00%

Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information



	Revenues		Gross Profit		Net Income (Loss)		Net Income Per Share— Basic⁽¹⁾		Net Income Per Share— Diluted⁽¹⁾
	(In thousands, except per share amounts)
2019
1st Quarter	$	237,182	$	102,571	$	31,643	$	1.76	$	1.73
2nd Quarter	228,080		94,855		21,390		1.20		1.18
3rd Quarter	217,405		89,720		23,917		1.38		1.36
4th Quarter	227,511		95,668		27,396		1.61		1.59
2018
1st Quarter	$	188,163	$	83,500	$	17,073	$	0.93	$	0.92
2nd Quarter	184,471		78,590		12,713		0.70		0.69
3rd Quarter	194,099		92,626		23,587		1.31		1.29
4th Quarter	214,198		98,371		26,981		1.49		1.47

______________________________________________________________________________________________________

⁽¹⁾The quarterly amounts of earnings per share may not add to the full year amount as each quarterly calculation is discrete from the full-year calculation.

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Property and Equipment Depreciable Lives

The general ranges of depreciable and amortizable lives are as follows:



Category		Depreciable Life
Buildings and improvements		25 to 40 years
Leaseholds and improvements		Shorter of primary lease term or between three to 40 years
Equipment and fixtures		Three to five years
Internal-use software		Three to 10 years
Properties under finance leases		Primary lease term or remaining primary lease term

Fair Value of Financial Instruments

The fair values of non-current financial instruments, determined based on Level 2 inputs, are shown in the following table:



	December 31, 2019		December 31, 2018
	(In millions)
Face value of Long-term debt	$	1,300.0	$	1,283.8
Fair value of Long-term debt	$	1,326.3	$	1,280.9

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details

Goodwill Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 345,314	$ 339,200	$ 697,400
Impairment	$ (358,200)			(358,200)
Business acquisition			6,100
Purchase price adjustment related to business acquisition		(1,500)
Goodwill, ending balance		343,862	345,314	339,200
Applebee's
Goodwill [Roll Forward]
Impairment		(358,200)
Applebee's \| Franchised
Goodwill [Roll Forward]
Goodwill, beginning balance		328,400	328,400	686,600
Impairment				(358,200)
Business acquisition			0
Purchase price adjustment related to business acquisition		0
Goodwill, ending balance		328,400	328,400	328,400
Applebee's \| Entity Operated Units
Goodwill [Roll Forward]
Goodwill, beginning balance		6,100	0	0
Impairment				0
Business acquisition			6,100
Purchase price adjustment related to business acquisition		(1,500)
Goodwill, ending balance		4,600	6,100	0
IHOP \| Franchised
Goodwill [Roll Forward]
Goodwill, beginning balance		10,800	10,800	10,800
Impairment				0
Business acquisition			0
Purchase price adjustment related to business acquisition		0
Goodwill, ending balance		$ 10,800	$ 10,800	$ 10,800

Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)



	Revenues		Gross Profit		Net Income (Loss)		Net Income Per Share— Basic⁽¹⁾		Net Income Per Share— Diluted⁽¹⁾
	(In thousands, except per share amounts)
2019
1st Quarter	$	237,182	$	102,571	$	31,643	$	1.76	$	1.73
2nd Quarter	228,080		94,855		21,390		1.20		1.18
3rd Quarter	217,405		89,720		23,917		1.38		1.36
4th Quarter	227,511		95,668		27,396		1.61		1.59
2018
1st Quarter	$	188,163	$	83,500	$	17,073	$	0.93	$	0.92
2nd Quarter	184,471		78,590		12,713		0.70		0.69
3rd Quarter	194,099		92,626		23,587		1.31		1.29
4th Quarter	214,198		98,371		26,981		1.49		1.47

______________________________________________________________________________________________________

⁽¹⁾The quarterly amounts of earnings per share may not add to the full year amount as each quarterly calculation is discrete from the full-year calculation.

Net (Loss) Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net income (loss)	$ 27,396	$ 23,917	$ 21,390	$ 31,643	$ 26,981	$ 23,587	$ 12,713	$ 17,073	$ 104,346	$ 80,354	$ (342,750)
Less: Net (income) loss allocated to unvested participating restricted stock									(3,532)	(2,711)	6,768
Net income (loss) available to common stockholders									100,814	77,643	(335,982)
Effect of unvested participating restricted stock									33	16	0
Numerator - net income (loss) available to common shareholders - diluted									$ 100,847	$ 77,659	$ (335,982)
Weighted average outstanding shares of common stock - basic (in shares)									16,934	17,533	17,725
Stock options (in shares)									311	256	15
Weighted average outstanding shares of common stock - diluted (in shares)									17,245	17,789	17,740
Basic (in dollars per share)	$ 1.61	$ 1.38	$ 1.20	$ 1.76	$ 1.49	$ 1.31	$ 0.70	$ 0.93	$ 5.95	$ 4.43	$ (18.96)
Diluted (in dollars per share)	$ 1.59	$ 1.36	$ 1.18	$ 1.73	$ 1.47	$ 1.29	$ 0.69	$ 0.92	$ 5.85	$ 4.37	$ (18.96)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net income (loss)	$ 104,346	$ 80,354	$ (342,750)
Adjustments to reconcile net income (loss) to cash flows provided by operating activities:
Impairment of goodwill and intangible assets	0	0	531,634
Depreciation and amortization	42,493	32,175	30,648
Non-cash stock-based compensation expense	10,808	10,546	10,752
Non-cash interest expense	3,369	3,792	3,364
Loss on extinguishment of debt	8,276	0	0
Closure and impairment charges	1,485	2,038	3,834
Deferred income taxes	(5,494)	(11,847)	(136,127)
Deferred revenue	(7,695)	(5,577)	0
Gain on disposition of assets	(332)	(623)	(6,285)
Other	(5,374)	(949)	(10,980)
Changes in operating assets and liabilities:
Accounts receivable, net	(396)	3,149	(8,430)
Current income tax receivables and payables	8,677	8,119	(8,490)
Gift card receivables and payables	(1,037)	(1,488)	(3,322)
Other current assets	(498)	10,425	(8,247)
Accounts payable	583	(9,940)	7,208
Accrued employee compensation and benefits	(3,575)	13,183	(1,126)
Other current liabilities	(456)	6,989	4,050
Cash flows provided by operating activities	155,180	140,346	65,733
Cash flows from investing activities
Principal receipts from notes, equipment contracts and other long-term receivables	24,075	25,771	20,486
Proceeds from sale of property and equipment	2,540	655	1,100
Acquisition of business	0	(20,155)	0
Additions to property and equipment	(19,424)	(14,279)	(13,370)
Additions to long-term receivables	(6,955)	(6,500)	0
Other	(389)	(293)	(541)
Cash flows (used in) provided by investing activities	(153)	(14,801)	7,675
Cash flows from financing activities
Proceeds from issuance of long-term debt	1,300,000	0	0
Repayment of long-term debt	(1,283,750)	(13,000)	(3,250)
Borrowings from revolving credit facilities	0	75,000	0
Repayments of revolving credit facilities	(25,000)	(50,000)	0
Dividends paid on common stock	(46,859)	(51,125)	(69,790)
Repurchase of Dine Brands common stock	(109,698)	(33,603)	(10,003)
Principal payments of finance lease obligations	13,639
Principal payments of finance lease obligations		(13,907)	(12,949)
Payment of debt issuance costs	(13,150)	(3,633)	0
Proceeds from stock options exercised	11,969	3,928	2,635
Tax payments for restricted stock upon vesting	(2,728)	(1,972)	(2,396)
Other	(76)	0	0
Cash flows used in financing activities	(182,931)	(88,312)	(95,753)
Net change in cash, cash equivalents and restricted cash	(27,904)	37,233	(22,345)
Cash, cash equivalents and restricted cash at beginning of year	200,379	163,146	185,491
Cash, cash equivalents and restricted cash at end of year	172,475	200,379	163,146
Supplemental disclosures
Interest paid	66,104	66,059	67,522
Income taxes paid	44,748	34,246	59,528
Non-cash conversion of accounts receivable to notes receivable	$ 185	$ 11,959	$ 5,286

Stock-Based Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes the Company's stock-based compensation expense included as a component of general and administrative expenses in the consolidated financial statements:



	Year Ended December 31,
	2019			2018			2017
	(In millions)
Total stock-based compensation expense:
Equity classified awards expense	$	10.9		$	10.6		$	10.9
Liability classified awards expense (credit)	3.2			3.1			(1.0		)
Total pretax stock-based compensation expense	14.1			13.7			9.9
Book income tax benefit	(3.5		)	(3.5		)	(3.8		)
Total stock-based compensation expense, net of tax	$	10.6		$	10.2		$	6.1

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following summarizes the assumptions used in estimating the fair values:



	2018			2017
Risk free interest rate	2.5		%	1.6		%
Weighted average historical volatility	34.4		%	30.0		%
Dividend yield	3.4		%	9.6		%
Expected years until exercise	3.0			3.4
Weighted average fair value of options granted	$	9.79		$	3.07
Weighted average fair value of restricted stock units granted	$	53.72		$	10.19



	2019			2018			2017
Risk free interest rate	2.5		%	2.6		%	1.9		%
Weighted average historical volatility	30.3		%	26.1		%	22.9		%
Dividend yield	2.8		%	3.6		%	7.3		%
Expected years until exercise	4.7			4.6			4.5
Weighted average fair value of options granted	$	21.93		$	11.94		$	4.31

Schedule of Share-based Compensation, Stock Options, Activity

Stock option activity for the years ended December 31, 2019, 2018 and 2017 is summarized as follows:



	Number of Shares Under Option		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (in Millions)
Outstanding at December 31, 2016	701,134		$	80.04
Granted	887,030		48.35
Exercised	(64,916	)	40.59
Forfeited	(171,847	)	65.82
Expired	(79,353	)	87.02
Outstanding at December 31, 2017	1,272,048		61.44
Granted	248,899		69.12
Exercised	(74,930	)	52.43
Forfeited	(6,309	)	68.80
Outstanding at December 31, 2018	1,439,708		63.21
Granted	132,832		98.97
Exercised	(211,352	)	57.36
Forfeited	(106,745	)	72.19
Expired	(37,005	)	93.06
Outstanding at December 31, 2019	1,217,438		$	66.43	5.7	$	24.1
Vested and Expected to Vest at December 31, 2019	1,146,329		$	67.06	5.6	$	22.0
Exercisable at December 31, 2019	561,872		$	77.80	3.1	$	5.9

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

Activity in equity classified awards of restricted stock and restricted stock units for the years ended December 31, 2019, 2018 and 2017 is as follows:



	Shares of Restricted Stock		Weighted Average Grant-Date Per Share Fair Value		Restricted Stock Units		Weighted Average Grant-Date Per Share Fair Value
Outstanding at December 31, 2016	235,472		$	92.91	34,058		$	93.95
Granted	216,269		51.89		281,973		22.37
Released	(92,968	)	88.62		(12,683	)	81.63
Forfeited	(83,582	)	79.52		—		—
Outstanding at December 31, 2017	275,191		65.97		303,348		28.39
Granted	92,466		69.20		86,990		57.21
Released	(74,253	)	81.07		(15,737	)	98.54
Forfeited	(26,162	)	61.27		(72	)	53.49
Outstanding at December 31, 2018	267,242		64.21		374,529		31.05
Granted	75,556		96.86		23,427		95.77
Released	(76,962	)	76.25		(12,347	)	90.34
Forfeited	(41,321	)	67.20		(27,802	)	34.53
Outstanding at December 31, 2019	224,515		$	70.52	357,807		$	30.35

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The Company has granted cash-settled restricted stock units to certain employees. These instruments are recorded as liabilities at fair value as of the respective period end.



	Cash-Settled Restricted Stock Units		Weighted Average Grant Date Fair Value
Outstanding at December 31, 2018	53,766		$	79.07
Granted	20,989		83.58
Released	(462	)	83.18
Forfeited	(10,441	)	88.70
Outstanding at December 31, 2019	63,852		$	85.63

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment by category is as follows:



	2019			2018
	(In millions)
Leaseholds and improvements	$	235.4		$	255.7
Equipment and fixtures	95.4			90.1
Properties under finance lease	100.5			100.3
Buildings and improvements	56.6			57.9
Land	55.9			56.4
Construction in progress	4.7			3.7
Property and equipment, gross	548.5			564.1
Less: accumulated depreciation and amortization	(332.1		)	(323.8		)
Property and equipment, net	$	216.4		$	240.3

Stock-Based Incentive Plans Equity Classified Awards Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement [Abstract]
Risk free interest rate	2.50%	2.60%	1.90%
Weighted average historical volatility	30.30%	26.10%	22.90%
Dividend yield	2.80%	3.60%	7.30%
Expected years until exercise	4 years 8 months 12 days	4 years 7 months 6 days	4 years 6 months
Weighted average fair value of options granted	$ 21.93	$ 11.94	$ 4.31

Net (Loss) Income Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of the Company's basic and diluted net income (loss) per share is as follows:



	Year Ended December 31,
	2019			2018			2017
	(In thousands, except per share data)
Numerator for basic and diluted income (loss) per common share:
Net income (loss)	$	104,346		$	80,354		$	(342,750	)
Less: Net (income) loss allocated to unvested participating restricted stock	(3,532		)	(2,711		)	6,768
Net income (loss) available to common stockholders - basic	100,814			77,643			(335,982		)
Effect of unvested participating restricted stock	33			16			—
Numerator - net income (loss) available to common shareholders - diluted	$	100,847		$	77,659		$	(335,982	)
Denominator:
Weighted average outstanding shares of common stock - basic	16,934			17,533			17,725
Effect of dilutive securities:
Stock options⁽¹⁾	311			256			15
Weighted average outstanding shares of common stock - diluted	17,245			17,789			17,740
Net income (loss) per common share:
Basic	$	5.95		$	4.43		$	(18.96	)
Diluted	$	5.85		$	4.37		$	(18.96	)

Stockholders' Deficit - Share Repurchases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Stock repurchased during period, value	$ 111,697	$ 34,929	$ 10,003
2019 Repurchase Program
Class of Stock [Line Items]
Stock repurchased during period (in shares)	1,237,698
Stock repurchased during period, value	$ 103,300
Remaining dollar value of shares that may be repurchased	$ 96,700
October 2015 Share Repurchase Program
Class of Stock [Line Items]
Stock repurchased during period (in shares)	110,499
Stock repurchased during period, value	$ 8,400
Cumulative amount of shares repurchased (in shares)	1,589,995
Cumulative payments for repurchase of common stock	$ 126,200

Income Taxes - Income Taxes (Narrative) (Details) $ in Millions	3 Months Ended		12 Months Ended
	Jun. 30, 2019 USD ($)	Sep. 30, 2017 USD ($)	Dec. 31, 2019 USD ($) Restaurant	Dec. 31, 2018 USD ($) Restaurant	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)
Income Tax Examination [Line Items]
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount			1.30%	0.20%	0.00%
Changes in tax rates and state tax laws			0.50%	1.60%	0.30%
Goodwill, impairment loss		$ 358.2			$ 358.2
Non-deductibility of goodwill impairment			0.00%	0.00%	29.30%
Deferred tax assets, foreign tax credit carryforward			$ 1.5
Valuation allowance, noncurrent			1.5	$ 0.4
Operating loss carryforwards			0.5	0.4
Unrecognized tax benefits			7.6	5.2	$ 5.9	$ 3.9
Unrecognized tax benefit changes in next 12 months			1.5
Unrecognized tax benefits, interest on income taxes accrued			2.5	1.1
Unrecognized tax benefits, income tax penalties accrued			$ 0.1	$ 0.1
Change in federal tax rate			0.00%	0.00%	15.50%
Applebee's
Income Tax Examination [Line Items]
Number of restaurants \| Restaurant			1,787
Goodwill, impairment loss			$ 358.2
Applebee's \| Entity Operated Units
Income Tax Examination [Line Items]
Number of restaurants \| Restaurant			69	69
Goodwill, impairment loss					$ 0.0
Internal Revenue Service (IRS) [Member]
Income Tax Examination [Line Items]
Proceeds from Income Tax Refunds	$ 13.3
Interest Income, Other	$ 0.9

Long-Term Debt - Schedule of Maturities of Long-Term Debt (Details) $ in Millions	Dec. 31, 2019 USD ($)
Debt Disclosure [Abstract]
2020	$ 0.0
2021	0.0
2022	0.0
2023	0.0
2024	700.0
Thereafter	600.0
Long-term Debt	$ 1,300.0

Acquisition of Business (Details) $ in Thousands	12 Months Ended
Acquisition of Business (Details) $ in Thousands	Dec. 31, 2019 USD ($) Restaurant	Dec. 31, 2018 USD ($) Restaurant	Dec. 31, 2017 USD ($)
Business Acquisition [Line Items]
Acquisition of business	$ 0	$ 20,155	$ 0
Finance Lease, Liability	90,300
Applebee's r3estaurants In North and South Carolina
Business Acquisition [Line Items]
Acquisition of business		21,600
Indirect transition costs		$ 1,100
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Finance Lease Obligation	$ 9,100
Applebee's
Business Acquisition [Line Items]
Number of restaurants \| Restaurant	1,787
Applebee's \| Entity Operated Units
Business Acquisition [Line Items]
Number of restaurants \| Restaurant	69	69
Other Noncurrent Liabilities
Business Acquisition [Line Items]
Weighted average useful life (in years)	11 years
Properties under finance lease
Business Acquisition [Line Items]
Finance Lease, Liability	$ 28,100

Financing Obligations (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Sale Leaseback Transactions

As of December 31, 2019, future minimum lease payments under financing obligations during the initial terms of the leases related to the sale-leaseback transactions are as follows:



Fiscal Years	(In millions)
2020⁽¹⁾	$	5.6
2021	5.1
2022	5.1
2023	5.0
2024⁽¹⁾	5.7
Thereafter	44.8
Total minimum lease payments	71.3
Less: interest	(32.8		)
Total financing obligations	38.5
Less: current portion⁽²⁾	(0.8		)
Long-term financing obligations	$	37.7

____________________________________________________________________________________


⁽¹⁾	Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in 2020 and 2024.

⁽²⁾

Included in current maturities of finance lease and financing obligations on the consolidated balance sheet.

Revenue Disclosures - (Details) - Receivables From Franchise Revenue Transactions [Member] - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billed and unbilled receivables	$ 63.5	$ 62.6
Billed and unbilled receivables, accumulated allowance for credit loss	$ 0.7	$ 4.6

Other Intangible Assets - Schedule of Finite-lived Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Gross	$ 215.8	$ 215.3
Accumulated Amortization	(122.9)	(111.1)
Net	92.9	104.2	$ 2.4
Franchising rights
Finite-Lived Intangible Assets [Line Items]
Gross	200.0	200.0
Accumulated Amortization	(121.0)	(111.0)
Net	79.0	89.0
Reacquired Franchise Rights
Finite-Lived Intangible Assets [Line Items]
Gross	11.6	11.6
Accumulated Amortization	(1.8)	(0.1)
Net	9.8	11.5
Leaseholds
Finite-Lived Intangible Assets [Line Items]
Gross	4.2	3.7
Accumulated Amortization	(0.1)	(0.0)
Net	$ 4.1	$ 3.7

Receivables

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Receivables



4. Receivables	2019			2018
	(In millions)
Accounts receivable	$	60.8		$	63.0
Gift card receivables	46.7			47.9
Notes receivable	28.9			28.9
Financing receivables:
Equipment leases receivable	56.3			65.8
Direct financing leases receivable	34.0			44.9
Franchise fee notes receivable	0.2			0.2
Other	7.3			7.1
	234.2			257.8
Less: allowance for doubtful accounts and notes receivable	(11.3		)	(17.2		)
	222.9			240.6
Less: current portion	(136.9		)	(137.5		)
Long-term receivables	$	86.0		$	103.1

Accounts receivable primarily includes receivables due from franchisees and distributors. Gift card receivables consist primarily of amounts due from third-party vendors. Interest is not charged on gift card receivables.

Notes receivable primarily relate to the conversion of certain franchisee accounts receivable to notes receivable, cash loans made to franchisees and a note receivable in connection with the sale of IHOP restaurants (See Note 20 - Refranchising of Company-operated Restaurants, of the Notes to Consolidated Financial Statements). The notes have a term from two to ten years, bear interest averaging 5.1% and 4.8% per annum at December 31, 2019 and 2018, respectively, and are collateralized by the franchise.

Financing receivables primarily relate to IHOP franchise development activity prior to 2003 when IHOP typically leased or purchased the restaurant site, built and equipped the restaurant then franchised the restaurant to a franchisee. IHOP provided the financing for the franchise fee, leasing of the equipment and the leasing or subleasing of the site. Equipment lease contracts are due in equal weekly installments, primarily bear interest averaging 9.9% and 9.9% per annum at December 31, 2019 and 2018, respectively, and are collateralized by the equipment. The term of an equipment lease contract coincides with the term of the corresponding restaurant building lease. The IHOP franchise fee notes have a term of five to eight years and are due in equal weekly installments, primarily bear interest averaging 5.0% and 5.6% per annum at December 31, 2019 and 2018, respectively, and are collateralized by the franchise. Where applicable, franchise fee notes, equipment contracts and building leases contain cross-default provisions wherein a default under one constitutes a default under all. There is not a disproportionate concentration of credit risk in any geographic area.

The primary indicator of the credit quality of financing receivables is delinquency. As of December 31, 2019 and 2018, approximately less than $0.1 million and $0.1 million, respectively, of financing receivables were delinquent more than 90 days.

The following table summarizes the activity in the allowance for doubtful accounts and notes receivable:



Allowance for Doubtful Accounts	(In millions)
Balance at December 31, 2016	$	3.1
Provision	20.3
Charge-offs	(1.2		)
Balance at December 31, 2017	22.2
Provision	10.3
Charge-offs	(15.3		)
Balance at December 31, 2018	17.2
Provision	(0.4		)
Charge-offs	(5.0		)
Recoveries	(0.5		)
Balance at December 31, 2019	$	11.3

As of December 31, 2019 and 2018, approximately less than $0.1 million and $0.1 million, respectively, of the allowance for doubtful accounts related to financing receivables.

Lease Disclosures (Tables)

12 Months Ended

Dec. 31, 2019

Operating Leased Assets [Line Items]

Schedule of Lease Cost

The Company's lease cost for the year ended December 31, 2019 was as follows:



		Year ended December 31, 2019
Finance lease cost:	(In millions)
Amortization of right-of-use assets		$	5.3
Interest on lease liabilities		7.7
Operating lease cost		106.2
Variable lease cost		2.7
Short-term lease cost		0.0
Sublease income		(110.9		)
Lease cost		$	11.0

Schedule of Operating Lease Liability Future Maturity

Future minimum lease payments under noncancelable leases as lessee as of December 31, 2019 were as follows:



	Finance Leases			Operating Leases
	(In millions)
2020	$	19.8		$	97.4
2021	16.4			81.1
2022	14.7			73.4
2023	11.6			60.6
2024	9.4			54.9
Thereafter	55.7			173.0
Total minimum lease payments	127.6			540.4
Less: interest/imputed interest	(37.3		)	(108.6		)
Total obligations	90.3			431.8
Less: current portion	(12.9		)	(72.8		)
Long-term lease obligations	$	77.4		$	359.0

Schedule of Lease Payments

, the Company made the following cash payments for leases:



		Year ended December 31, 2019
	(In millions)
Principal payments on finance lease obligations		$	13.6
Interest payments on finance lease obligations		$	7.7
Payments on operating leases		$	91.9
Variable lease payments		$	2.5

Schedule of Operating Lease Income

The Company's income from operating leases for the year ended December 31, 2019 was as follows:



		Year ended December 31, 2019
	(In millions)
Minimum lease payments		$	102.8
Variable lease income		11.5
Total operating lease income		$	114.3

Schedule of Future Minimum Payments as a Lessor Under Operating Leases

Future minimum payments to be received as lessor under noncancelable operating leases as of December 31, 2019 were as follows:



	(In millions)
2020	$	108.3
2021	102.6
2022	99.6
2023	95.2
2024	86.5
Thereafter	214.5
Total minimum rents receivable	$	706.7

Schedule of Direct Finance Lease Income

The Company's income from direct financing leases at December 31, 2019 was as follows:



		Year ended December 31, 2019
	(In millions)
Interest income		$	5.0
Variable lease income		1.3
Total operating lease income		$	6.3

Schedule of Future Minimum Payments as a Lessor Under Direct Financing Leases

Future minimum payments to be received as lessor under noncancelable direct financing leases as of December 31, 2019 were as follows:



	(In millions)
2020	$	14.6
2021	11.5
2022	8.2
2023	3.6
2024	1.3
Thereafter	2.5
Total minimum rents receivable	41.7
Less: unearned income	(7.7		)
Total net investment in direct financing leases	34.0
Less: current portion	(11.0		)
Long-term investment in direct financing leases	$	23.0

Schedule of Future Minimum Payments for Capital and Operating Leases

The following are minimum future lease payments on noncancelable leases as lessee at December 31, 2018:



	Capital Leases			Operating Leases
	(In millions)
2019	$	21.0		$	91.2
2020⁽¹⁾	19.3			92.8
2021	16.2			75.7
2022	14.3			67.6
2023	11.6			55.2
Thereafter	63.4			210.6
Total minimum lease payments	145.8			$	593.0
Less: interest	(44.6		)
Capital lease obligations	101.2
Less: current portion⁽¹⁾	(13.4		)
Long-term capital lease obligations	$	87.8

______________________________________________________

⁽¹⁾Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in fiscal 2020.

⁽²⁾Included in current maturities of capital lease and financing obligations on the consolidated balance sheet.

Schedule of Future Minimum Rents to Be Received on Capital and Operating Leases

The minimum future lease payments shown above have not been reduced by the following future minimum rents to be received on noncancelable subleases and leases of owned property at December 31, 2018:



	Direct Financing Leases		Operating Leases
	(In millions)
2019	$	16.2	$	105.9
2020⁽¹⁾	14.8		106.3
2021	11.7		100.2
2022	8.2		96.2
2023	3.5		91.8
Thereafter	2.9		271.8
Total minimum rents receivable	$	57.3	$	772.2

______________________________________________________

⁽¹⁾Due to the varying closing date of the Company's fiscal year, 13 monthly payments will be made in fiscal 2020.

Direct financing leases receivable

Operating Leased Assets [Line Items]

Leases Receivable

The following is the Company's net investment in direct financing lease receivables:



	December 31,
	2018
	(In millions)
Total minimum rents receivable	$	57.3
Less: unearned income	(12.4		)
Net investment in direct financing leases receivable	44.9
Less: current portion	(11.2		)
Long-term direct financing leases receivable	$	33.7

Net investment equipment lease

Operating Leased Assets [Line Items]

Leases Receivable

The following is the Company's net investment in equipment leases receivable:



	December 31,
	2018
	(In millions)
Total minimum leases receivable	$	89.9
Less: unearned income	(24.1		)
Net investment in equipment leases receivable	65.8
Less: current portion	(8.5		)
Long-term equipment leases receivable	$	57.3

Lease Disclosures - Future Minimum Lease Payments Under Noncancelable Leases as Lessee (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Finance Leases
2020	$ 19,800
2021	16,400
2022	14,700
2023	11,600
2024	9,400
Thereafter	55,700
Total minimum lease payments	127,600
Less: interest/imputed interest	(37,300)
Total obligations	90,300
Less: current portion	12,900
Long-term lease obligations	77,393
Operating Leases
2020	97,400
2021	81,100
2022	73,400
2023	60,600
2024	54,900
Thereafter	173,000
Total minimum lease payments	540,400
Less: interest/imputed interest	(108,600)
Total obligations	431,800
Less: current portion	72,815
Long-term lease obligations	$ 359,025

Long-Term Debt - Additional Information (Details) - USD ($)	1 Months Ended	12 Months Ended
	Jun. 30, 2026	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jun. 05, 2019
Debt Instrument [Line Items]
Rapid amortization event		120.00%
Manager termination event		120.00%
Interest-only debt service coverage ratio, default event		110.00%
Gain (loss) on extinguishment of debt		$ (8,276,000)	$ 0	$ 0
Amortization of financing costs		1,200,000
Debt issuance costs, gross		12,900,000
Debt issuance costs		11,800,000	9,700,000
Incurred costs		$ 200,000
Maximum
Debt Instrument [Line Items]
Cash sweeping event		175.00%
Letter of Credit \| Eurodollar
Debt Instrument [Line Items]
Basis spread on variable rate		1.00%
Letter of Credit \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		1.15%
Letter of Credit \| Federal Funds Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I
Debt Instrument [Line Items]
Senior note interest rate		4.194%
Debt instrument, face amount					$ 700,000,000
Ratio of indebtedness to net capital		457.00%
Debt instrument, make-whole premium		$ 35,000,000
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I \| Forecast
Debt Instrument [Line Items]
Additional interest on fixed rate	5.00%
Debt instrument, term	10 years
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I \| Forecast \| Ten Year United States Treasury Bill Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.15%
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II
Debt Instrument [Line Items]
Senior note interest rate		4.723%
Debt instrument, face amount					$ 600,000,000
Debt instrument, make-whole premium		$ 63,000,000
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II \| Forecast \| Ten Year United States Treasury Bill Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.64%
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2
Debt Instrument [Line Items]
Senior note interest rate		4.277%
Repayments of debt		$ 1,280,000,000
Gain (loss) on extinguishment of debt		(8,300,000)
Amortization of financing costs		$ 1,400,000	$ 3,400,000	$ 3,400,000
Series 2014-1 4.277% Fixed Rate Senior Secured Notes, Class A-2 \| Maximum
Debt Instrument [Line Items]
Ratio of indebtedness to net capital		525.00%
Series 2019-1 Variable Funding Senior Notes Class A-1
Debt Instrument [Line Items]
Debt issuance costs		$ 2,700,000
Series 2019-1 Variable Funding Senior Notes Class A-1 \| Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 225,000,000
Series 2019-1 Variable Funding Senior Notes Class A-1 \| Revolving Credit Facility \| Eurodollar
Debt Instrument [Line Items]
Basis spread on variable rate		2.15%
Series 2019-1 Variable Funding Senior Notes Class A-1 \| Letter of Credit
Debt Instrument [Line Items]
Basis spread on variable rate		2.15%
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018
Debt Instrument [Line Items]
Senior note interest rate		4.93%
Line of credit facility, current borrowing capacity		$ 222,200,000
Repayments of notes payable		25,000,000.0
Line of credit facility, amount outstanding		$ 25,000,000.0
Debt, weighted average interest rate		4.88%
Amortization of financing costs		$ 800,000
Debt issuance costs		2,800,000
Series 2018-1 Variable Funding Senior Notes Class A-1, variable interest rate of 4.93% at December 31, 2018 \| Letter of Credit
Debt Instrument [Line Items]
Debt instrument, collateral amount		$ 2,800,000
Series 2014-1 Variable Funding Senior Notes Class A-1
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage		0.50%
Unamortized debt issuance costs		$ 900,000
Costs incurred		1,600,000
Deferred finance costs		$ 2,500,000

Revenue Disclosures (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table disaggregates our franchise revenue by major type for the years ended December 31, 2019, 2018 and 2017:



	Year ended December 31,
	2019		2018		2017
	(In thousands)
Franchise Revenue:
Royalties	$	302,169	$	311,568	$	297,817
Advertising fees	283,015		268,294		234,165
Pancake and waffle dry mix sales and other	53,973		52,108		50,538
Franchise and development fees	12,029		11,964		11,898
Total franchise revenue	$	651,186	$	643,934	$	594,418

Schedule of Changes in Deferred Revenue

Changes in the Company's contract liability for deferred franchise revenue during the year ended December 31, 2019 were as follows:



	Deferred Franchise Revenue (short- and long-term)
	(In thousands)
Balance at December 31, 2018	$	74,695
Recognized as revenue during the year ended December 31, 2019	(11,350		)
Fees deferred during the year ended December 31, 2019	3,685
Balance at December 31, 2019	$	67,030

Schedule of Remaining Performance Obligations

The balance of deferred franchise revenue as of December 31, 2019 is expected to be recognized as follows:



	(In thousands)
2020	$	10,086
2021	7,862
2022	7,337
2023	6,765
2024	6,074
Thereafter	28,906
Total	$	67,030

Goodwill

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill



	Applebee's Franchise Unit			Applebee's Company Unit			IHOP Franchise Unit		Total
	(In millions)
Balance at December 31, 2016	$	686.6		$	—		$	10.8	$	697.4
Impairment	(358.2		)	—			—		(358.2		)
Balance at December 31, 2017	328.4			—			10.8		339.2
Business acquisition	—			6.1			—		6.1
Balance at December 31, 2018	328.4			6.1			10.8		345.3
Purchase price adjustment related to business acquisition	—			(1.5		)	—		(1.5		)
Balance at December 31, 2019	$	328.4		$	4.6		$	10.8	$	343.9

Gross and net carrying amounts of goodwill at December 31, 2019 and 2018 are as follows:



	December 31, 2019							December 31, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(In millions)
Applebee's Franchise Unit	$	686.6	$	(358.2	)	$	328.4	$	686.6	$	(358.2	)	$	328.4
Applebee's Company Unit	4.6		—			4.6		6.1		—			6.1
IHOP Franchise Unit	10.8		—			10.8		10.8		—			10.8
Total	$	702.1	$	(358.2	)	$	343.9	$	703.5	$	(358.2	)	$	345.3

In December 2018, the Company acquired 69 Applebee's restaurants. The Company provisionally allocated $6.1 million of resulting goodwill to the Applebee's Company Unit as of December 31, 2018. Upon completion of the purchase price allocation during 2019, the Company revised the goodwill allocated to the Applebee's Company Unit downwards to $4.6 million, the balance at December 31, 2019. See Note 18 - Acquisition of Business, of the Notes to the Consolidated Financial Statements.

The Company assesses goodwill for impairment in accordance with its policy described in Note 2 - Basis of Presentation and Summary of Significant Accounting Policies.

In the fourth quarters of fiscal 2019 and 2018, the Company performed qualitative assessments of the goodwill of the Applebee's franchise unit and the IHOP franchise unit and concluded it was more-likely-than-not that the fair values exceeded the respective carrying amounts. In performing that analysis the Company considered, among other things, Applebee's key performance indicators during 2019 and 2018 and what, if any, impact that performance had on the long-term forecast of future trends in sales, operating expenses, overhead expenses, depreciation, capital expenditures and changes in working capital that had been used in performing a quantitative impairment test in the third quarter of 2017. The Company also considered the current market price of its common stock, the favorable impact of the Tax Cuts and Jobs Act (the “Tax Act”) on future cash flows and the impact these changes would have on an appropriate discount rate. As result of the qualitative test, the Company concluded it was not more likely than not that the fair value of the Applebee's franchise reporting unit is less than its carrying amount and therefore, a quantitative test of impairment was not necessary.

In the third quarter of 2017, the Company noted that the decline in the market price of the Company's common stock since December 31, 2016, which the Company had believed to be temporary, persisted throughout the first eight months of 2017 and that the favorable trend in Applebee's domestic same-restaurant sales experienced in the second quarter of 2017 did not continue into the first two months of the third quarter of 2017. The Company also noted a continuing increase in Applebee's bad debt expense and in royalties not recognized in income until paid in cash. Additionally, the Company also determined an increasing shortfall in franchisee contributions to the Applebee's national advertising fund could require a larger amount of future subsidization in the form of additional franchisor contributions to the fund than previously estimated. Based on these unfavorable developments, the Company determined that indicators of impairment existed and that an interim quantitative test of goodwill for impairment should be performed in the third quarter of 2017.

In performing the quantitative test of goodwill, the Company primarily used the income approach method of valuation that included the discounted cash flow method and the market approach that included the guideline public company method to determine the fair value of goodwill and intangible assets. Significant assumptions used to determine fair value under the discounted cash flow model included expected future trends in sales, operating expenses, overhead expenses, capital expenditures and changes in working capital, along with an appropriate discount rate based on the Company's estimated cost of equity capital and after-tax cost of debt.

As a result of performing the quantitative test of impairment, the Company recognized an impairment of Applebee's goodwill of $358.2 million in 2017. The Company adopted the guidance in FASB Accounting Standards Update 2017-04 on January 1, 2017; accordingly, the amount of the goodwill impairment was determined as the amount by which the carrying amount of the goodwill exceeded the fair value of the Applebee's franchise reporting unit as estimated in the impairment test. The impairment of goodwill is not deductible for federal income tax purposes and therefore had no associated tax benefit.

Acquisition of Business (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of Business Acquisitions



	Preliminary Allocation			Adjustments			Final Allocation
	(In millions)
Reacquired franchise rights	$	11.6		$	—		$	11.6
Equipment and fixtures	10.0			—			10.0
Inventory	1.4			—			1.4
Deferred income taxes	—			1.5			1.5
Total identifiable assets acquired	23.0			1.5			24.5

Above-market leaseholds, net	(6.5		)	—			(6.5		)
Other liabilities	(1.0		)	—			(1.0		)
Net identifiable assets acquired	15.5			1.5			17.0
Goodwill	6.1			(1.5		)	4.6
Consideration transferred	$	21.6		$	—		$	21.6

Income Taxes - Provision (benefit) for income taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]
Federal	$ 31,200	$ 33,600	$ 42,600
State	6,500	6,400	5,100
Foreign	1,900	2,100	2,900
Current Income Tax Expense	39,600	42,100	50,600
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]
Federal	(3,800)	(7,800)	(131,000)
State	(1,700)	(4,000)	(5,100)
Deferred income tax expense (benefit)	(5,494)	(11,847)	(136,127)
Provision (benefit) for income taxes	$ 34,127	$ 30,254	$ (85,559)

Lease Disclosures - Lease Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Direct financing leases receivable
Operating Leased Assets [Line Items]
Total minimum rents receivable	$ 57.3
Less: unearned income	(12.4)
Net investment in direct financing leases receivable	44.9
Less: current portion	(11.2)
Long-term direct financing lease receivable	33.7
Contingent rental income	14.3	$ 14.0
Net investment equipment lease
Operating Leased Assets [Line Items]
Less: current portion	8.5
Long-term direct financing lease receivable	57.3
Total minimum leases receivable	89.9
Less: unearned income	(24.1)
Net investment in equipment leases receivables	$ 65.8

Stock-Based Incentive Plans Disclosure of Restricted Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Beginning of period (shares)	53,766
Granted (shares)	20,989
Forfeited (shares)	(10,441)
End of period (shares)	63,852	53,766
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning balance (in dollars per share)	$ 79.07
Granted, weighted average grant date fair value	83.58	$ 53.72	$ 10.19
Released, weighted average grant date fair value	83.18
Forfeited, weighted average grant date fair value	88.70
Weighted average grant date fair value, ending balance (in dollars per share)	$ 85.63	$ 79.07
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Beginning of period (shares)	267,242	275,191	235,472
Granted (shares)	75,556	92,466	216,269
Released (shares)	(76,962)	(74,253)	(92,968)
Forfeited (shares)	(41,321)	(26,162)	(83,582)
End of period (shares)	224,515	267,242	275,191
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning balance (in dollars per share)	$ 64.21	$ 65.97	$ 92.91
Granted, weighted average grant date fair value	96.86	69.20	51.89
Released, weighted average grant date fair value	76.25	81.07	88.62
Forfeited, weighted average grant date fair value	67.20	61.27	79.52
Weighted average grant date fair value, ending balance (in dollars per share)	$ 70.52	$ 64.21	$ 65.97
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Beginning of period (shares)	374,529	303,348	34,058
Granted (shares)	23,427	86,990	281,973
Released (shares)	(12,347)	(15,737)	(12,683)
Forfeited (shares)	(27,802)	(72)	0
End of period (shares)	357,807	374,529	303,348
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning balance (in dollars per share)	$ 31.05	$ 28.39	$ 93.95
Granted, weighted average grant date fair value	95.77	57.21	22.37
Released, weighted average grant date fair value	90.34	98.54	81.63
Forfeited, weighted average grant date fair value	34.53	53.49	0
Weighted average grant date fair value, ending balance (in dollars per share)	$ 30.35	$ 31.05	$ 28.39

Lease Disclosures - Future Minimum Payments to be Received as Lessor Under Noncancelable Operating Leases (Details) $ in Millions	Dec. 31, 2019 USD ($)
Leases [Abstract]
2020	$ 108.3
2021	102.6
2022	99.6
2023	95.2
2024	86.5
Thereafter	214.5
Total minimum rents receivable	$ 706.7