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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 146,034 $ 269,655
Receivables, net of allowance of $4,462 (2023) and $4,806 (2022) 127,937 119,981
Restricted cash 35,058 38,929
Prepaid gift card costs 29,545 30,235
Prepaid income taxes 3,445 3,063
Other current assets 15,759 17,901
Total current assets 357,778 479,764
Other intangible assets, net 586,033 597,028
Operating lease right-of-use assets 275,214 289,123
Goodwill 254,062 253,956
Property and equipment, net 161,891 145,277
Long-term receivables, net of allowance of $5,002 (2023) and $5,529 (2022) 35,602 39,697
Deferred rent receivable 33,326 42,329
Non-current restricted cash 19,500 16,400
Other non-current assets, net 16,881 17,917
Total assets 1,740,287 1,881,491
Current liabilities:    
Current maturities of long-term debt 100,000 100,000
Accounts payable 36,193 52,067
Gift card liability 175,640 171,966
Current maturities of operating lease obligations 63,498 59,071
Current maturities of finance lease and financing obligations 7,243 7,542
Accrued employee compensation and benefits 23,211 23,456
Accrued advertising expenses 9,446 24,157
Dividends payable 7,827 8,017
Other accrued expenses 37,394 24,446
Total current liabilities 460,452 470,722
Long-term debt, net, less current maturities 1,084,502 1,241,914
Operating lease obligations, less current maturities 269,097 275,120
Finance lease obligations, less current maturities 34,389 30,377
Financing obligations, less current maturities 26,984 28,358
Deferred income taxes, net 60,829 74,651
Deferred franchise revenue, long-term 38,658 42,343
Other non-current liabilities 16,350 19,090
Total liabilities 1,991,261 2,182,575
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value; shares: 40,000,000 authorized; September 30, 2023 - 24,883,740 issued, 15,484,512 outstanding; December 31, 2022 - 24,959,972 issued, 15,599,239 outstanding 249 250
Additional paid-in-capital 256,542 259,339
Retained earnings 150,008 84,538
Accumulated other comprehensive loss (64) (65)
Treasury stock, at cost; shares: 2023 - 9,525,761; 2022 - 9,360,733 (657,709) (645,146)
Total stockholders’ deficit (250,974) (301,084)
Total liabilities and stockholders’ deficit 1,740,287 1,881,491
Receivables, allowance for credit loss 4,462 4,806
Long-term receivables, allowance for credit loss $ 5,002 $ 5,529