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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2021
Dec. 29, 2019
Dec. 30, 2018
Revenues      
Franchise rental income $ 232,648 $ 233,065  
Franchise rental income     $ 203,297
Revenues 1,733,825 1,709,002 1,589,936
Costs and Expenses      
Cost of sales 614,907 597,530 548,588
Franchise support and other costs 26,464 43,686 25,203
Franchise rental expense 125,613 123,929 91,104
Advertising funds expense 345,360 338,116 321,866
General and administrative 206,876 200,206 217,489
Depreciation and amortization 132,775 131,693 128,879
System optimization gains, net (3,148) (1,283) (463)
Reorganization and realignment costs 16,030 16,965 9,068
Impairment of long-lived assets 8,037 6,999 4,697
Other operating income, net (8,397) (11,418) (6,387)
Costs and expenses 1,464,517 1,446,423 1,340,044
Operating profit 269,308 262,579 249,892
Interest expense, net (117,737) (115,971) (119,618)
Loss on early extinguishment of debt 0 (8,496) (11,475)
Investment (loss) income, net (225) 25,598 450,736
Other income, net 1,449 7,771 5,381
Income before income taxes 152,795 171,481 574,916
Provision for income taxes (34,963) (34,541) (114,801)
Net Income $ 117,832 $ 136,940 $ 460,115
Earnings Per Share      
Earnings Per Share, Basic $ 0.53 $ 0.60 $ 1.93
Earnings Per Share, Diluted $ 0.52 $ 0.58 $ 1.88
Sales      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 722,764 $ 707,485 $ 651,577
Franchise royalty revenue and fees      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 444,749 428,999 409,043
Advertising funds revenue      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 333,664 $ 339,453 $ 326,019