Condensed Financial Information Of The Registrant

12 Months Ended

Jan. 01, 2012

Condensed Financial Information Of The Registrant [Abstract]

Condensed Financial Information Of The Registrant

SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

DOMINO'S PIZZA, INC.

PARENT COMPANY CONDENSED BALANCE SHEETS

(In thousands, except share and per share amounts)

	January 2, 2011			January 1, 2012
ASSETS
ASSETS:
Cash and cash equivalents	$	5		$	6
Total assets	$	5		$	6
LIABILITIES AND STOCKHOLDERS' DEFICIT
LIABILITIES:
Equity in net deficit of subsidiaries	$	1,210,651		$	1,209,739
Due to subsidiary		5			6
Total liabilities		1,210,656			1,209,745
STOCKHOLDERS' DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 60,139,061 in 2010 and 57,741,208 in 2011 issued and outstanding		601			577
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued		—			—
Additional paid-in capital		45,532			—
Retained deficit		(1,254,044	)		(1,207,915	)
Accumulated other comprehensive loss		(2,740	)		(2,401	)
Total stockholders' deficit		(1,210,651	)		(1,209,739	)
Total liabilities and stockholders' deficit	$	5		$	6

DOMINO'S PIZZA, INC.

PARENT COMPANY CONDENSED STATEMENTS OF INCOME

(In thousands, except per share amounts)

	For the Years Ended
	January 3,		January 2,		January 1,
	2010		2011		2012
REVENUES	$	—	$	—	$	—
Total revenues		—		—		—
OPERATING EXPENSES		—		—		—
Total operating expenses		—		—		—
INCOME FROM OPERATIONS		—		—		—
Equity earnings in subsidiaries		79,744		87,917		105,361
INCOME BEFORE PROVISION FOR INCOME TAXES		79,744		87,917		105,361
PROVISION FOR INCOME TAXES		—		—		—
NET INCOME	$	79,744	$	87,917	$	105,361
EARNINGS PER SHARE:
Common Stock – basic	$	1.39	$	1.50	$	1.79
Common Stock – diluted	$	1.38	$	1.45	$	1.71

DOMINO'S PIZZA, INC.

PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS

(In thousands)

	For the Years Ended
	January 3,			January 2,			January 1,
	2010			2011			2012
CASH FLOWS FROM OPERATING ACTIVITIES:	$	76,049		$	87,917		$	105,362
Net cash provided by operating activities		76,049			87,917			105,362
CASH FLOWS FROM INVESTING ACTIVITIES:
Investments in subsidiaries		(84,802	)		(95,448	)		29,063
Net cash used in (provided by) investing activities		(84,802	)		(95,448	)		29,063
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of common stock		—			(5,384	)		(165,007	)
Other		5,058			12,915			30,583
Net cash used in (provided by) financing activities		5,058			7,531			(134,424	)
CHANGE IN CASH AND CASH EQUIVALENTS		(3,695	)		—			1
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD		3,700			5			5
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	$	5		$	5		$	6

NOTES TO PARENT COMPANY FINANCIAL STATEMENTS

(1) INTRODUCTION AND BASIS OF PRESENTATION

Domino's Pizza, Inc., on a stand-alone basis, (the Parent Company) has accounted for majority-owned subsidiaries using the equity method of accounting. The accompanying condensed financial statements of the Parent Company should be read in conjunction with the consolidated financial statements of Domino's Pizza, Inc. and its subsidiaries (the Company) and the notes thereto included in Item 8 of this Form 10-K. These financial statements have been provided to comply with Rule 4-08(e) of Regulation S-X.

Cash and Cash Equivalents

Cash equivalents consist of highly liquid investments with original maturities of three months or less at the date of purchase. These investments are carried at cost, which approximates fair value.

Use of Estimates

The use of estimates is inherent in the preparation of financial statements in accordance with generally accepted accounting principles. Actual results could differ from those estimates.

(2) SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Non-cash activities of $18.8 million, $14.9 million and $30.0 million were recorded in 2009, 2010 and 2011, respectively. These amounts primarily relate to stock-based compensation plans and amounts recorded in other comprehensive income related to the Company's subsidiaries.