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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 259,461 $ 383,369
Receivables, net of allowance of $10,095 (2021) and $15,057 (2020) 99,308 121,897
Restricted cash 72,137 39,884
Prepaid gift card costs 21,716 29,080
Prepaid income taxes 397 6,178
Other current assets 8,134 6,098
Total current assets 461,153 586,506
Other intangible assets, net 544,587 549,671
Operating lease right-of-use assets 331,826 346,086
Goodwill 251,628 251,628
Property and equipment, net 178,571 187,977
Long-term receivables, net of allowance of $5,503 (2021) and $7,999 (2020) 47,839 54,512
Deferred rent receivable 53,017 56,449
Non-current restricted cash 16,400 32,800
Other non-current assets, net 10,902 9,316
Total assets 1,895,923 2,074,945
Current liabilities:    
Current maturities of long-term debt 3,250 13,000
Accounts payable 40,126 37,424
Gift card liability 120,842 144,159
Current maturities of operating lease obligations 70,491 69,672
Current maturities of finance lease and financing obligations 10,954 11,293
Accrued employee compensation and benefits 22,785 21,237
Accrued advertising 52,707 21,641
Deferred franchise revenue, short-term 7,447 7,682
Other accrued expenses 16,253 22,460
Total current liabilities 344,855 348,568
Long-term debt 1,278,504 1,491,996
Operating lease obligations, less current maturities 325,278 345,163
Finance lease obligations, less current maturities 64,095 69,012
Financing obligations, less current maturities 32,393 32,797
Deferred income taxes, net 67,780 78,293
Deferred franchise revenue, long-term 47,794 52,237
Other non-current liabilities 17,975 11,530
Total liabilities 2,178,674 2,429,596
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.01 par value; shares: 40,000,000 authorized; June 30, 2021 - 25,011,253 issued, 17,177,950 outstanding; December 31, 2020 - 24,882,122 issued, 16,452,174 outstanding 250 249
Additional paid-in-capital 250,509 257,625
Accumulated deficit (588) (55,553)
Accumulated other comprehensive loss (57) (55)
Treasury stock, at cost; shares: June 30, 2021 - 7,833,303; December 31, 2020 - 8,429,948 (532,865) (556,917)
Total stockholders’ deficit (282,751) (354,651)
Total liabilities and stockholders’ deficit $ 1,895,923 $ 2,074,945