Denny’s Corporation (Denny’s) is a family-style restaurant chain that owns and operates the Denny’s restaurant brand through its wholly owned subsidiaries, Denny’s Holdings, Inc. and Denny’s, Inc. As of December 26, 2008, the Denny’s brand consisted of 1,541 restaurants, 1,226 (80%) of which were franchised/licensed restaurants and 315 (20%), of which were Company-owned and operated. These Denny’s restaurants operated in 49 states, the District of Columbia, two United States territories and five foreign countries with concentrations in California (26% of total restaurants), Florida (10%) and Texas (10%).