Gift Cards

3 Months Ended

Mar. 31, 2020

Gift Cards

Gift Cards

5.  Gift Cards

The following tables present information related to gift cards (in thousands):

	Thirteen		Thirteen
	Weeks Ended		Weeks Ended
Gift card liabilities:	March 31, 2020		April 2, 2019
Beginning balance	$	187,978	$	172,336
Activations		17,340		20,373
Redemptions and breakage		(44,103)		(46,964)
Ending balance	$	161,215	$	145,745

	Thirteen		Thirteen
	Weeks Ended		Weeks Ended
	March 31, 2020		April 2, 2019
Gift card contract assets: (1)
Beginning balance	$	23,172	$	23,388
Deferrals		2,203		2,596
Amortization		(4,690)		(4,711)
Ending balance	$	20,685	$	21,273

(1) Included in prepaid expenses on the condensed consolidated balance sheets.