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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 03, 2022
Jan. 02, 2022
Jul. 04, 2021
Current assets:      
Cash and cash equivalents $ 74,802 $ 335,585 $ 252,887
Accounts receivable, net 70,473 97,722 124,846
Inventories 47,531 27,273 36,038
Prepaid expenses and other current assets 69,990 55,455 66,094
Total current assets 262,796 516,035 479,865
Property and equipment, net:      
Property and equipment, at cost 2,552,144 2,501,829 2,445,453
Accumulated depreciation (1,297,710) (1,250,902) (1,205,950)
Total property and equipment, net 1,254,434 1,250,927 1,239,503
Other assets:      
Right-of-use operating leases, net 180,836 186,754 193,254
Debt issuance costs 3,832 4,899 5,966
Deposits and other assets 8,101 6,170 6,006
Goodwill 659,618 659,618 659,618
Intangible assets, net of accumulated amortization of $272, $261 and $249 as of July 3, 2022, January 2, 2022 and July 4, 2021, respectively 344,176 344,187 344,187
Total other assets 1,196,563 1,201,628 1,209,031
Total assets 2,713,793 2,968,590 2,928,399
Current liabilities:      
Accounts payable 67,925 38,251 65,526
Accrued compensation, payroll taxes and benefits 24,968 51,473 47,846
Accrued insurance reserves 37,017 32,182 26,998
Accrued interest payable 24,713 50,554 25,289
Other accrued liabilities 102,626 101,790 108,330
Deferred revenue 171,238 177,831 310,441
Short-term borrowings 200,000    
Short-term lease liabilities 11,394 11,158 10,801
Total current liabilities 639,881 463,239 595,231
Noncurrent liabilities:      
Long-term debt 2,277,910 2,629,524 2,626,082
Long-term lease liabilities 175,786 178,200 188,687
Other long-term liabilities 5,476 9,469 32,750
Deferred income taxes 152,041 148,291 102,853
Total noncurrent liabilities 2,611,213 2,965,484 2,950,372
Total liabilities 3,251,094 3,428,723 3,545,603
Redeemable noncontrolling interests 543,719 522,067 542,950
Stockholders' deficit:      
Preferred stock, $1.00 par value
Common stock, $0.025 par value, 280,000,000 shares authorized; 83,026,556, 86,162,879 and 85,871,956 shares issued and outstanding at July 3, 2022, January 2, 2022 and July 4, 2021, respectively 2,075 2,154 2,147
Capital in excess of par value 1,103,534 1,120,084 1,108,680
Accumulated deficit (2,114,697) (2,023,251) (2,178,493)
Accumulated other comprehensive loss, net of tax (71,932) (81,187) (92,488)
Total stockholders' deficit (1,081,020) (982,200) (1,160,154)
Total liabilities and stockholders' deficit $ 2,713,793 $ 2,968,590 $ 2,928,399