Condensed Consolidating Financial Statements (Tables)

3 Months Ended

Apr. 01, 2014

Quarterly Financial Information Disclosure [Abstract]

Condensed Consolidating Statements of Income

Condensed Consolidating Statements of Income

	13 Weeks Ended April 1, 2014
	Parent		Subsidiary			Subsidiary			Subsidiary
	Guarantor: Holdings		Issuer: NPC			Co-Issuer: NPCQB			Co-Issuer: NPC Op Co B		Eliminations			Consolidated
Total sales	$	—	$	266,368		$	29,885		$	—	$	—		$	296,253
Total costs and expenses	—		251,970			29,886			—		—			281,856
Operating income	—		14,398			(1		)	—		—			14,397
Interest expense	—		10,162			—			—		—			10,162
Equity in net income of subsidiary	2,965		(9		)	—			—		(2,956		)	—
Income before income taxes	2,965		4,227			(1		)	—		(2,956		)	4,235
Income taxes	—		1,271			8			—		—			1,279
Net income	$	2,965	$	2,956		$	(9	)	$	—	$	(2,956	)	$	2,956

	13 Weeks Ended March 26, 2013
	Parent		Subsidiary		Subsidiary		Subsidiary
	Guarantor: Holdings		Issuer: NPC		Co-Issuer: NPCQB		Co-Issuer: NPC Op Co B		Eliminations			Consolidated
Total sales	$	—	$	278,969	$	—	$	—	$	—		$	278,969
Total costs and expenses	—		253,118		—		—		—			253,118
Operating income	—		25,851		—		—		—			25,851
Interest expense	—		10,240		—		—		—			10,240
Equity in net income of subsidiary	13,244		—		—		—		(13,244		)	—
Income before income taxes	13,244		15,611		—		—		(13,244		)	15,611
Income taxes	—		2,367		—		—		—			2,367
Net income	$	13,244	$	13,244	$	—	$	—	$	(13,244	)	$	13,244

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

	April 1, 2014
	Parent		Subsidiary		Subsidiary		Subsidiary
	Guarantor: Holdings		Issuer: NPC		Co-Issuer: NPCQB		Co-Issuer: NPC Op Co B		Eliminations			Consolidated
Assets:
Current assets	$	—	$	36,396	$	3,794	$	—	$	—		$	40,190
Facilities and equipment, net	—		159,540		17,284		—		—			176,824
Franchise rights, net	—		604,078		31,730		—		—			635,808
Goodwill	—		290,502		2,136		—		—			292,638
Investment in subsidiary	268,291		47,681		—		—		(315,972		)	—
Other assets, net	—		43,929		1,004		—		—			44,933
Total assets	$	268,291	$	1,182,126	$	55,948	$	—	$	(315,972	)	$	1,190,393
Liabilities and member’s equity:
Current liabilities	$	—	90,152		6,963		$	—	$	—		$	97,115
Long-term debt	—		553,750		—		—		—			553,750
Other liabilities and deferred items	—		58,169		921		—		—			59,090
Deferred income taxes	—		211,886		383		—		—			212,269
Member’s equity	268,291		268,169		47,681		—		(315,972		)	268,169
Total liabilities and member’s equity	$	268,291	$	1,182,126	$	55,948	$	—	$	(315,972	)	$	1,190,393

	December 31, 2013
	Parent		Subsidiary		Subsidiary		Subsidiary
	Guarantor: Holdings		Issuer: NPC		Co-Issuer: NPCQB		Co-Issuer: NPC Op Co B		Eliminations			Consolidated
Assets:
Current assets	$	—	$	53,364	$	3,740	$	—	$	—		$	57,104
Facilities and equipment, net	—		152,810		17,140		—		—			$	169,950
Franchise rights, net	—		607,880		32,271		—		—			$	640,151
Goodwill	—		290,502		2,121		—		—			$	292,623
Investment in subsidiary	265,326		50,978		—		—		(316,304		)	$	—
Other assets, net	—		44,273		1,011		—		—			$	45,284
Total assets	$	265,326	$	1,199,807	$	56,283	$	—	$	(316,304	)	$	1,205,112
Liabilities and member’s equity:
Current liabilities	$	—	100,766		4,302		$	—	$	—		$	105,068
Long-term debt	—		561,687		—		—		—			$	561,687
Other liabilities and deferred items	—		58,060		629		—		—			$	58,689
Deferred income taxes	—		214,081		374		—		—			$	214,455
Member’s equity	265,326		265,213		50,978		—		(316,304		)	$	265,213
Total liabilities and member’s equity	$	265,326	$	1,199,807	$	56,283	$	—	$	(316,304	)	$	1,205,112

Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows

	13 Weeks Ended April 1, 2014
	Parent		Subsidiary			Subsidiary			Subsidiary
	Guarantor: Holdings		Issuer: NPC			Co-Issuer: NPCQB			Co-Issuer: NPC Op Co B		Eliminations			Consolidated
Operating activities:
Net cash flows provided by operating activities	—		20,390			4,383			—		—			24,773
Investing activities:
Capital expenditures	—		(18,191		)	(1,055		)	—		—			(19,246		)
Return of investment in NPCQB	—		3,387			—			—		(3,387		)	—
Proceeds from sale or disposition of assets	—		324			—			—		—			324
Net cash flows used in investing activities	—		(14,480		)	(1,055		)	—		(3,387		)	(18,922		)
Financing activities:
Accrued purchase price paid to sellers	—		(10,875		)	—			—		—			(10,875		)
Net payments on debt	—		(7,625		)	—			—		—			(7,625		)
Distribution to parent	—		—			(3,387		)	—		3,387			—
Net cash flows used in financing activities	—		(18,500		)	(3,387		)	—		3,387			(18,500		)
Net change in cash and cash equivalents	—		(12,590		)	(59		)	—		—			(12,649		)
Beginning cash and cash equivalents	—		19,170			865			—		—			20,035
Ending cash and cash equivalents	$	—	$	6,580		$	806		$	—	$	—		$	7,386

	13 Weeks Ended March 26, 2013
	Parent		Subsidiary			Subsidiary		Subsidiary
	Guarantor: Holdings		Issuer: NPC			Co-Issuer: NPCQB		Co-Issuer: NPC Op Co B		Eliminations		Consolidated
Operating activities:
Net cash flows provided by operating activities	$	—	$	36,798		$	—	$	—	$	—	$	36,798
Investing activities:
Capital expenditures	—		(9,630		)	—		—		—		(9,630		)
Proceeds from sale or disposition of assets	—		40			—		—		—		40
Net cash flows used in investing activities	—		(9,590		)	—		—		—		(9,590		)
Financing activities:
Net cash flows used in financing activities	—		(640		)	—		—		—		(640		)
Net change in cash and cash equivalents	—		26,568			—		—		—		26,568
Beginning cash and cash equivalents	—		25,493			—		—		—		25,493
Ending cash and cash equivalents	$	—	$	52,061		$	—	$	—	$	—	$	52,061