DineEquity, Inc., together with its subsidiaries, owns, franchises, and operates full-service restaurants in the United States and internationally. The company owns and operates two restaurant concepts, including Applebee's Neighborhood Grill & Bar (Applebee's) in the bar and grill segment of the casual dining category of the restaurant industry; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry. Its Applebee's restaurants offer food, alcoholic and non-alcoholic beverage items, and table services; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2014, the company operated 1,650 IHOP restaurants and 2,017 Applebee's restaurants. The company was formerly known as IHOP Corp. and changed its name to DineEquity, Inc. in June 2008. DineEquity, Inc. was founded in 1958 and is based in Glendale, California.