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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 144,994 $ 146,034
Receivables, net of allowance of $4,635 (2024) and $4,462 (2023) 90,694 127,937
Restricted cash 47,631 35,058
Prepaid gift card costs 23,242 29,545
Prepaid income taxes 0 3,445
Other current assets 10,638 15,759
Total current assets 317,199 357,778
Non-current restricted cash 19,500 19,500
Property and equipment, net 159,706 161,891
Operating lease right-of-use assets 278,056 275,214
Deferred rent receivable 31,140 33,326
Long-term receivables, net of allowance of $4,758 (2024) and $5,002 (2023) 35,439 35,602
Goodwill 254,062 254,062
Other intangible assets, net 583,373 586,033
Other non-current assets, net 16,734 16,881
Total assets 1,695,209 1,740,287
Current liabilities:    
Current maturities of long-term debt 100,000 100,000
Accounts payable 42,975 36,193
Gift card liability 146,714 175,640
Current maturities of operating lease obligations 63,110 63,498
Current maturities of finance lease and financing obligations 6,886 7,243
Accrued employee compensation and benefits 11,600 23,211
Accrued advertising expenses 2,290 9,446
Dividends payable 7,881 7,827
Other accrued expenses 28,514 37,394
Total current liabilities 409,970 460,452
Long-term debt, net, less current maturities 1,085,002 1,084,502
Operating lease obligations, less current maturities 269,913 269,097
Finance lease obligations, less current maturities 36,489 34,389
Financing obligations, less current maturities 25,657 26,984
Deferred income taxes, net 58,808 60,829
Deferred franchise revenue, long-term 37,288 38,658
Other non-current liabilities 16,887 16,350
Total liabilities 1,940,014 1,991,261
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; March 31, 2024 - 24,830,124 issued, $15,453,001 outstanding; December 31, 2023 - 24,870,529 issued, 15,344,768 outstanding 248 249
Additional paid-in-capital 245,680 256,542
Retained earnings 159,597 150,008
Accumulated other comprehensive loss (66) (64)
Treasury stock, at cost; shares: March 31, 2024 - $9,377,123; December 31, 2023 - 9,525,761 (650,264) (657,709)
Total stockholders’ deficit (244,805) (250,974)
Total liabilities and stockholders’ deficit $ 1,695,209 $ 1,740,287
Treasury stock, shares (in shares) 9,377,123 9,525,761