Cash and Receivables (Tables)

12 Months Ended

Jan. 01, 2023

Cash and Receivables [Abstract]

Schedule of Cash and Cash Equivalents

	Year End
	January 1, 2023		January 2, 2022
Cash and cash equivalents
Cash	$	185,207	$	249,438
Cash equivalents	560,682		—
	745,889		249,438
Restricted cash
Accounts held by trustee for the securitized financing facility	34,850		27,188
Other	353		347
	35,203		27,535
Advertising Funds (a)	50,709		89,993
	85,912		117,528
Total cash, cash equivalents and restricted cash	$	831,801	$	366,966

_______________

(a)Included in “Advertising funds restricted assets.”

Schedule of Accounts and Notes Receivable

	Year End
	January 1, 2023						January 2, 2022
	Gross		Allowance for Doubtful Accounts		Net		Gross		Allowance for Doubtful Accounts		Net
Accounts and Notes Receivable, Net
Current
Accounts receivable (a)	$	100,270	$	(1,707)	$	98,563	$	104,744	$	(3,229)	$	101,515
Notes receivable from franchisees (b) (c)	22,503		(4,640)		17,863		23,000		(4,975)		18,025
	$	122,773	$	(6,347)	$	116,426	$	127,744	$	(8,204)	$	119,540
Non-current (d)
Notes receivable from franchisees (c)	$	3,888	$	—	$	3,888	$	4,514	$	(315)	$	4,199

_______________

(a)Includes income tax refund receivables of $3,236 and $11,901 as of January 1, 2023 and January 2, 2022, respectively.

(b)Includes the current portion of sales-type and direct financing lease receivables of $8,263 and $6,266 as of January 1, 2023 and January 2, 2022, respectively. See Note 20 for further information.

Includes a note receivable from a franchisee in Indonesia of $1,153 and $1,795 as of January 1, 2023 and January 2, 2022, respectively.

(c)Includes notes receivable related to the Brazil JV, of which $13,087 and $12,925 are included in current notes receivable and $3,888 and $4,200 are included in non-current notes receivable as of January 1, 2023 and January 2, 2022, respectively. As of both January 1, 2023 and January 2, 2022, the Company had reserves of $4,640 on the loans outstanding related to the Brazil JV. See Note 8 for further information.

As of January 2, 2022, included a note receivable from a franchisee in India, of which $335 was included in current notes receivable and $315 was included in non-current notes receivable. As of January 2, 2022, the Company had reserves of $650 on the loan. During 2022, the Company received a payment of $350 from the franchisee and the remaining note receivable balance and related reserve were written off.

(d)Included in “Other assets.”

Accounts Receivable, Allowance for Doubtful Accounts

The following is an analysis of the allowance for doubtful accounts:

	Accounts Receivable		Notes Receivable		Total
2022
Balance at January 2, 2022	$	3,229	$	5,290	$	8,519
Provision for doubtful accounts	(565)		(350)		(915)
Uncollectible accounts written off, net of recoveries	(957)		(300)		(1,257)
Balance at January 1, 2023	$	1,707	$	4,640	$	6,347
2021
Balance at January 3, 2021	$	3,739	$	5,625	$	9,364
Provision for doubtful accounts	(148)		(335)		(483)
Uncollectible accounts written off, net of recoveries	(362)		—		(362)
Balance at January 2, 2022	$	3,229	$	5,290	$	8,519
2020
Balance at December 29, 2019	$	3,314	$	6,705	$	10,019
Provision for doubtful accounts	647		206		853
Uncollectible accounts written off, net of recoveries	(222)		(1,286)		(1,508)
Balance at January 3, 2021	$	3,739	$	5,625	$	9,364