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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 355,288 $ 361,412
Receivables, net of allowance of $4,205 (2022) and $4,959 (2021) 89,529 119,968
Restricted cash 52,517 47,541
Prepaid gift card costs 24,595 28,175
Prepaid income taxes 3,502 10,529
Other current assets 11,075 6,728
Assets held for sale 109,280 0
Total current assets 645,786 574,353
Other intangible assets, net 526,989 539,390
Operating lease right-of-use assets 298,102 335,428
Goodwill 247,002 251,628
Property and equipment, net 135,368 179,411
Deferred rent receivable 44,306 50,257
Long-term receivables, net of allowance of $5,498 (2022) and $6,897 (2021) 43,245 42,493
Non-current restricted cash 16,400 16,400
Other non-current assets, net 14,823 10,006
Total assets 1,972,021 1,999,366
Current liabilities:    
Current maturities of long-term debt 100,000 0
Accounts payable 40,781 55,956
Gift card liability 126,161 165,530
Current maturities of operating lease obligations 65,174 72,079
Current maturities of finance lease and financing obligations 8,402 10,693
Accrued employee compensation and benefits 20,786 40,785
Accrued advertising 38,804 33,752
Dividends payable 0 6,919
Other accrued expenses 22,975 25,016
Liabilities held for sale 96,023 0
Total current liabilities 519,106 410,730
Long-term debt 1,281,318 1,279,623
Operating lease obligations, less current maturities 279,620 320,848
Finance lease obligations, less current maturities 31,439 59,625
Financing obligations, less current maturities 28,572 31,967
Deferred income taxes, net 74,681 76,228
Deferred franchise revenue, long-term 42,616 46,100
Other non-current liabilities 16,263 17,052
Total liabilities 2,273,615 2,242,173
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; September 30, 2022 - 24,966,452 issued, 15,682,061 outstanding; December 31, 2021 - 24,992,275 issued, 17,163,946 outstanding 250 250
Additional paid-in-capital 256,508 256,189
Retained earnings 81,179 35,415
Accumulated other comprehensive loss (68) (59)
Treasury stock, at cost; shares: September 30, 2022 - 9,284,391; December 31, 2021 - 7,828,329 (639,463) (534,602)
Total stockholders’ deficit (301,594) (242,807)
Total liabilities and stockholders’ deficit $ 1,972,021 $ 1,999,366