Gift Cards (Tables)

12 Months Ended

Dec. 28, 2021

Gift Cards

Schedule of gift card liabilities

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

	Fiscal year ended
	December 28, 2021		December 29, 2020
Gift card liabilities:
Beginning balance	$	184,655	$	187,978
Activations		144,892		110,670
Redemptions and breakage		(118,365)		(113,993)
Ending balance	$	211,182	$	184,655

Schedule of gift card contract assets

	Fiscal year ended
	December 28, 2021		December 29, 2020
Gift card contract assets: (1)
Beginning balance	$	17,955	$	23,172
Deferrals		15,852		12,348
Amortization		(15,339)		(17,565)
Ending balance	$	18,468	$	17,955

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