Gift Cards

6 Months Ended

Jul. 02, 2019

Gift Cards

Gift Cards

3.  Gift Cards

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

Gift card liabilities:

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	July 2, 2019		July 3, 2018		July 2, 2019		July 3, 2018
Beginning balance	$	145,745	$	138,134	$	172,336	$	163,951
Activations		28,999		28,451		49,372		50,195
Redemptions and breakage		(32,383)		(32,968)		(79,347)		(80,529)
Ending balance	$	142,361	$	133,617	$	142,361	$	133,617

Gift card contract assets: ⁽¹⁾

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	July 2, 2019		July 3, 2018		July 2, 2019		July 3, 2018
Beginning balance	$	21,273	$	21,718	$	23,388	$	23,814
Deferrals		3,468		3,680		6,064		6,402
Amortization		(4,649)		(4,779)		(9,360)		(9,597)
Ending balance	$	20,092	$	20,619	$	20,092	$	20,619

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