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Gift Cards (Tables)
6 Months Ended
Jun. 29, 2021
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 29, 2021

    

June 30, 2020

    

June 29, 2021

    

June 30, 2020

Gift card liabilities:

Beginning balance

 

$

166,178

 

$

161,215

$

184,655

 

$

187,978

Activations

 

32,487

 

16,766

 

48,952

 

34,106

Redemptions and breakage

 

(29,567)

 

(15,740)

 

(64,509)

 

(59,843)

Ending balance

 

$

169,098

 

$

162,241

$

169,098

 

$

162,241

Schedule of gift card contract assets

    

Thirteen

Thirteen

Twenty-Six

Twenty-Six

Weeks Ended

Weeks Ended

Weeks Ended

Weeks Ended

June 29, 2021

    

June 30, 2020

    

June 29, 2021

    

June 30, 2020

Gift card contract assets:

Beginning balance

 

$

16,255

 

$

20,685

$

17,955

 

$

23,172

Deferrals

 

3,412

 

1,922

 

5,707

 

4,125

Amortization

 

(3,856)

 

(4,352)

 

(7,851)

 

(9,042)

Ending balance

 

$

15,811

 

$

18,255

$

15,811

 

$

18,255