IHOP 2014 Annual Report Download - page 53

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34
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(a) “Effective Restaurants” are the weighted average number of restaurants open in a given fiscal period, adjusted to account for
restaurants open for only a portion of the period. Information is presented for all Effective Restaurants in the Applebee’s and
IHOP systems, which includes restaurants owned by franchisees and area licensees as well as those owned by the Company.
(b) “System-wide sales” are retail sales at Applebee’s restaurants operated by franchisees and IHOP restaurants operated by
franchisees and area licensees, as reported to the Company, in addition to retail sales at company-operated restaurants. Sales
at restaurants that are owned by franchisees and area licensees are not attributable to the Company. Unaudited reported sales
for Applebee's domestic franchise restaurants, IHOP franchise restaurants and IHOP area license restaurants for the years
ended December 31, 2014, 2013 and 2012 were as follows:
Year Ended December 31,
Reported sales (unaudited) 2014 2013 2012
(In millions)
Applebee's franchise restaurant sales .................................................................. $4,535.1 $4,474.7 $4,234.9
IHOP franchise restaurant sales........................................................................... $2,725.7 $2,553.9 $2,437.2
IHOP area license restaurant sales....................................................................... $265.2 $249.5 $234.7
(c) “Sales percentage change” reflects, for each category of restaurants, the percentage change in sales in any given fiscal year
compared to the prior fiscal year for all restaurants in that category.
(d) “Domestic same-restaurant sales percentage change” reflects the percentage change in sales in any given fiscal year, compared
to the same weeks in the prior year, for domestic restaurants that have been operated throughout both fiscal years that are
being compared and have been open for at least 18 months. Because of new unit openings and restaurant closures, the
domestic restaurants open throughout the fiscal years being compared may be different from year to year. Domestic same-
restaurant sales percentage change does not include data on IHOP area license restaurants.
(e) The sales percentage change for Applebee's franchise restaurants was impacted by the refranchising of 154 company-operated
restaurants during 2012.