Gift Cards (Tables)

6 Months Ended

Jun. 30, 2020

Gift Cards

Schedule of gift card liabilities

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

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	June 30, 2020		July 2, 2019		June 30, 2020		July 2, 2019
Gift card liabilities:
Beginning balance	$	161,215	$	145,745	$	187,978	$	172,336
Activations		16,766		28,999		34,106		49,372
Redemptions and breakage		(15,740)		(32,383)		(59,843)		(79,347)
Ending balance	$	162,241	$	142,361	$	162,241	$	142,361

Schedule of gift card contract assets

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	June 30, 2020		July 2, 2019		June 30, 2020		July 2, 2019
Gift card contract assets: (1)
Beginning balance	$	20,685	$	21,273	$	23,172	$	23,388
Deferrals		1,922		3,468		4,125		6,064
Amortization		(4,352)		(4,649)		(9,042)		(9,360)
Ending balance	$	18,255	$	20,092	$	18,255	$	20,092

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