Note 7 - Property and Equipment, Net
|12 Months Ended|
Dec. 25, 2016
|Notes to Financial Statements|
|Property, Plant and Equipment Disclosure [Text Block]||
(7)Property and Equipment, net
Property and equipment consists of the following (amounts in thousands):
As discussed in Note
thirdquarter of fiscal year
2014,the Company recognized an
$8.0million impairment loss on long-lived assets (primarily leasehold improvements) related to Mitchell’s Restaurants. In addition, during the
fourthquarter of fiscal year
2014,the Company recognized a
$1.8million loss on the pending sale related to Mitchell’s Restaurants. These impairment losses were reclassified to discontinued operations when the restaurants were held for sale.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef