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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 263,536 $ 361,412
Receivables, net of allowance of $4,500 (2022) and $4,959 (2021) 91,888 119,968
Restricted cash 49,776 47,541
Prepaid gift card costs 25,028 28,175
Prepaid income taxes 6,890 10,529
Other current assets 12,710 6,728
Total current assets 449,828 574,353
Other intangible assets, net 534,247 539,390
Operating lease right-of-use assets 355,149 335,428
Goodwill 251,628 251,628
Property and equipment, net 175,265 179,411
Deferred rent receivable 46,293 50,257
Long-term receivables, net of allowance of $5,713 (2022) and $6,897 (2021) 43,076 42,493
Non-current restricted cash 16,400 16,400
Other non-current assets, net 9,880 10,006
Total assets 1,881,766 1,999,366
Current liabilities:    
Accounts payable 38,537 55,956
Gift card liability 133,874 165,530
Current maturities of operating lease obligations 71,663 72,079
Current maturities of finance lease and financing obligations 10,662 10,693
Accrued employee compensation and benefits 21,202 40,785
Accrued advertising 33,574 33,752
Dividends payable 8,239 6,919
Deferred franchise revenue, short-term 7,077 7,246
Other accrued expenses 18,970 17,770
Total current liabilities 343,798 410,730
Long-term debt 1,280,747 1,279,623
Operating lease obligations, less current maturities 338,169 320,848
Finance lease obligations, less current maturities 63,562 59,625
Financing obligations, less current maturities 29,887 31,967
Deferred income taxes, net 75,064 76,228
Deferred franchise revenue, long-term 43,873 46,100
Other non-current liabilities 15,322 17,052
Total liabilities 2,190,422 2,242,173
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.01 par value; shares: 40,000,000 authorized; June 30, 2022 - 24,974,835 issued, 15,823,390 outstanding; December 31, 2021 - 24,992,275 issued, 17,163,946 outstanding 250 250
Additional paid-in-capital 253,213 256,189
Retained earnings 68,265 35,415
Accumulated other comprehensive loss (63) (59)
Treasury stock, at cost; shares: June 30, 2022 - 9,151,445; December 31, 2021 - 7,828,329 (630,321) (534,602)
Total stockholders’ deficit (308,656) (242,807)
Total liabilities and stockholders’ deficit $ 1,881,766 $ 1,999,366