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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 498,333 $ 516,037
Restricted cash 36,058 35,848
Accounts and notes receivable, net 125,546 121,683
Inventories 6,110 6,690
Prepaid expenses and other current assets 39,075 39,640
Advertising funds restricted assets 162,406 117,755
Total current assets 867,528 837,653
Properties 890,667 891,080
Finance lease assets 227,547 228,936
Operating lease assets 696,944 705,615
Goodwill 773,077 773,727
Other intangible assets 1,210,124 1,219,129
Investments 33,230 34,445
Net investment in sales-type and direct financing leases 306,908 313,664
Other assets 183,745 178,577
Total assets 5,189,770 5,182,826
Current liabilities:    
Current portion of long-term debt 29,250 29,250
Current portion of finance lease liabilities 20,730 20,250
Current portion of operating lease liabilities 49,848 49,353
Accounts payable 26,175 27,370
Accrued expenses and other current liabilities 144,211 135,149
Advertising funds restricted liabilities 155,235 120,558
Total current liabilities 425,449 381,930
Long-term debt 2,727,371 2,732,814
Long-term finance lease liabilities 563,955 568,767
Long-term operating lease liabilities 729,086 739,340
Deferred income taxes 270,875 270,353
Deferred franchise fees 89,331 90,132
Other liabilities 90,049 89,711
Total liabilities 4,896,116 4,873,047
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares issued; 205,325 and 205,397 shares outstanding, respectively 47,042 47,042
Additional paid-in capital 2,962,241 2,960,035
Retained earnings 400,465 409,863
Common stock held in treasury, at cost; 265,099 and 265,027 shares, respectively (3,053,133) (3,048,786)
Accumulated other comprehensive loss (62,961) (58,375)
Total stockholders’ equity 293,654 309,779
Total liabilities and stockholders’ equity $ 5,189,770 $ 5,182,826
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 205,325 205,397
Treasury Stock, Shares 265,099 265,027