JACK IN THE BOX INC /NEW/ | 2013 | FY | 3

The following summarizes the number of restaurants as of the end of each fiscal year: 
 
 
2013
 
2012
 
2011
Jack in the Box:
 
 
 
 
 
 
Company-operated
 
465
 
547
 
629
Franchise
 
1,786
 
1,703
 
1,592
Total system
 
2,251
 
2,250
 
2,221
Qdoba:
 
 
 
 
 
 
Company-operated
 
296
 
316
 
245
Franchise
 
319
 
311
 
338
Total system
 
615
 
627
 
583
The following is a summary of the number of restaurants sold to franchisees, the number of restaurants developed by franchisees and the related gains and fees recognized (dollars in thousands):
 
 
2013
 
2012
 
2011
Restaurants sold to franchisees
 
81

 
97

 
332

New restaurants opened by franchisees
 
45

 
50

 
58

Initial franchise fees
 
$
4,017

 
$
5,535

 
$
15,898

Proceeds from the sale of company-operated restaurants:
 
 
 
 
 
 
Cash (1)
 
$
30,619

 
$
47,115

 
$
119,275

Notes receivable
 
—

 
1,200

 
1,000

 
 
30,619

 
48,315

 
120,275

Net assets sold (primarily property and equipment)
 
(15,680
)
 
(16,833
)
 
(52,943
)
Goodwill related to the sale of company-operated restaurants
 
(629
)
 
(1,334
)
 
(3,469
)
Other (2)
 
(9,670
)
 
(1,003
)
 
(2,738
)
Gains on the sale of company-operated restaurants
 
$
4,640

 
$
29,145

 
$
61,125

 ____________________________
(1)
Amounts in 2013 and 2012 include additional proceeds of $3.3 million and $2.3 million, respectively, recognized upon the extension of the underlying franchise and lease agreements related to restaurants sold in a prior year.
(2)
Amounts in all years presented primarily represent impairment and lease commitment charges related to restaurants closed in connection with the sale of the related markets

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