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Gift Cards (Tables)
9 Months Ended
Sep. 27, 2022
Gift Cards  
Schedule of gift card liabilities

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

Schedule of gift card contract assets

    

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