Gift Cards

9 Months Ended

Sep. 27, 2022

Gift Cards

Gift Cards

4.  Gift Cards

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

	Thirteen			Thirteen	Thirty-Nine		Thirty-Nine
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	September 27, 2022		September 28, 2021		September 27, 2022		September 28, 2021
Gift card liabilities:
Beginning balance	$	182,295	$	169,098	$	211,182	$	184,655
Activations		20,650		18,364		69,847		67,316
Redemptions and breakage		(28,220)		(25,949)		(106,304)		(90,458)
Ending balance	$	174,725	$	161,513	$	174,725	$	161,513

	Thirteen		Thirteen		Thirty-Nine		Thirty-Nine
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	September 27, 2022		September 28, 2021		September 27, 2022		September 28, 2021
Gift card contract assets:
Beginning balance	$	17,061	$	15,811	$	18,468	$	17,955
Deferrals		2,268		2,273		8,159		7,980
Amortization		(3,674)		(3,814)		(10,972)		(11,665)
Ending balance	$	15,655	$	14,270	$	15,655	$	14,270