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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 278,507 $ 116,043
Receivables, net of allowance of $11,709 (2020) and $3,138 (2019) 124,619 136,869
Restricted cash 31,184 40,732
Prepaid gift card costs 27,370 36,077
Prepaid income taxes 17,880 13,290
Other current assets 6,410 3,906
Total current assets 485,970 346,917
Other intangible assets, net 555,495 575,103
Operating lease right-of-use assets 349,103 366,931
Goodwill 251,628 343,862
Property and equipment, net 203,540 216,420
Long-term receivables, net of allowance of $7,981 (2020) and $8,155 (2019) 74,015 85,999
Deferred rent receivable 65,126 70,308
Non-current restricted cash 32,800 15,700
Other non-current assets, net 25,590 28,271
Total assets 2,043,267 2,049,511
Current liabilities:    
Current maturities of long-term debt 9,750 0
Accounts payable 19,181 40,925
Gift card liability 121,994 159,019
Current maturities of operating lease obligations 71,837 72,815
Current maturities of finance lease and financing obligations 13,307 13,669
Accrued employee compensation and benefits 10,568 23,904
Dividends payable 0 11,702
Deferred franchise revenue, short-term 8,921 10,086
Accrued advertising expenses 21,772 8,760
Other accrued expenses 23,376 17,032
Total current liabilities 300,706 357,912
Long-term debt 1,497,116 1,288,248
Operating lease obligations, less current maturities 350,418 359,025
Finance lease obligations, less current maturities 74,051 77,393
Financing obligations, less current maturities 34,682 37,682
Deferred income taxes, net 86,221 98,499
Deferred franchise revenue, long-term 53,269 56,944
Other non-current liabilities 15,375 15,582
Total liabilities 2,411,838 2,291,285
Commitments and contingencies
Preferred Stock, Value, Issued 0 0
Stockholders’ deficit:    
Common stock, $0.01 par value; shares: 40,000,000 authorized; June 30, 2020 - 24,900,436 issued, 16,417,618 outstanding; December 31, 2019 - 24,925,447 issued, 16,521,921 outstanding 249 249
Additional paid-in-capital 254,429 246,192
(Accumulated deficit) retained earnings (64,010) 61,653
Accumulated other comprehensive loss (58) (58)
Treasury stock, at cost; shares: June 30, 2020 - 8,482,818; December 31, 2019 - 8,403,526 (559,181) (549,810)
Total stockholders’ deficit (368,571) (241,774)
Total liabilities and stockholders’ deficit $ 2,043,267 $ 2,049,511