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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Jul. 02, 2023
Jan. 01, 2023
Current assets:    
Cash and cash equivalents $ 635,433 $ 745,889
Restricted cash 36,091 35,203
Accounts and notes receivable, net 142,590 116,426
Inventories 6,549 7,129
Prepaid expenses and other current assets 29,925 26,963
Advertising funds restricted assets 116,858 126,673
Total current assets 967,446 1,058,283
Properties 888,798 895,778
Finance lease assets 227,994 234,570
Operating lease assets 728,362 754,498
Goodwill 773,686 773,088
Other intangible assets 1,231,823 1,248,800
Investments 35,883 46,028
Net investment in sales-type and direct financing leases 315,944 317,337
Other assets 183,817 170,962
Total assets 5,353,753 5,499,344
Current liabilities:    
Current portion of long-term debt 29,250 29,250
Current portion of finance lease liabilities 19,213 18,316
Current portion of operating lease liabilities 49,161 48,120
Accounts payable 38,640 43,996
Accrued expenses and other current liabilities 132,440 116,010
Advertising funds restricted liabilities 121,217 132,307
Total current liabilities 389,921 387,999
Long-term debt 2,781,096 2,822,196
Long-term finance lease liabilities 567,475 571,877
Long-term operating lease liabilities 764,625 792,051
Deferred income taxes 275,086 270,421
Deferred franchise fees 89,729 90,231
Other liabilities 94,706 98,849
Total liabilities 4,962,638 5,033,624
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares issued; 209,969 and 213,101 shares outstanding, respectively 47,042 47,042
Additional paid-in capital 2,945,754 2,937,885
Retained earnings 408,449 414,749
Common stock held in treasury, at cost; 260,455 and 257,323 shares, respectively (2,951,061) (2,869,780)
Accumulated other comprehensive loss (59,069) (64,176)
Total stockholders’ equity 391,115 465,720
Total liabilities and stockholders’ equity $ 5,353,753 $ 5,499,344
Common Stock, Par Value $ 0.10 $ 0.10
Common Stock, Shares Authorized 1,500,000 1,500,000
Common Stock, Shares Issued 470,424 470,424
Common Stock, Shares Outstanding 209,969 213,101
Treasury Stock, Shares 260,455 257,323