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SEGMENT INFORMATION | 12 Months Ended
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Jan. 01, 2017
Segment Reporting [Abstract] |
SEGMENT INFORMATION |
(11) | SEGMENT INFORMATION
The Company has three reportable segments: (i) Domestic Stores; (ii) Supply Chain; and (iii) International Franchise. The Company’s operations are organized by management on the combined basis of line of business and geography. The Domestic Stores segment includes operations with respect to all franchised and Company-owned stores throughout the contiguous United States. The Supply Chain segment primarily includes the distribution of food, equipment and supplies to stores from the Company’s supply chain center operations in the United States and Canada. The International Franchise segment primarily includes operations related to the Company’s franchising business in foreign and non-contiguous United States markets. The accounting policies of the reportable segments are the same as those described in Note 1. The Company evaluates the performance of its segments and allocates resources to them based on earnings before interest, taxes, depreciation, amortization and other, referred to as Segment Income. The tables below summarize the financial information concerning the Company’s reportable segments for fiscal 2016, 2015 and 2014. Intersegment Revenues are comprised of sales of food, equipment and supplies from the Supply Chain segment to the Company-owned stores in the Domestic Stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income and income from operations information below primarily includes corporate administrative costs. The “Other” column as it relates to capital expenditures primarily includes capitalized software, certain equipment and leasehold improvements. Tabular amounts presented below are in thousands.
|  | Domestic |  |  |  |  |  | International |  |  | Intersegment |  |  |  |  |  |  |
|  | Stores |  |  | Supply Chain |  |  | Franchise |  |  | Revenues |  |  | Other |  |  | Total |
Revenues- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | $ | 751,284 |  |  | $ | 1,669,000 |  |  | $ | 176,999 |  |  | $ | (124,655 | ) |  |  | — |  |  | $ | 2,472,628 |
2015 |  |  | 669,724 |  |  |  | 1,495,308 |  |  |  | 163,643 |  |  |  | (112,147 | ) |  |  | — |  |  |  | 2,216,528 |
2014 |  |  | 578,689 |  |  |  | 1,367,269 |  |  |  | 152,621 |  |  |  | (104,746 | ) |  |  | — |  |  |  | 1,993,833 |
Segment Income- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | $ | 271,794 |  |  | $ | 144,130 |  |  | $ | 138,487 |  |  |  | N/A |  |  | $ | (42,802 | ) |  | $ | 511,609 |
2015 |  |  | 240,942 |  |  |  | 127,155 |  |  |  | 130,650 |  |  |  | N/A |  |  |  | (42,075 | ) |  |  | 456,672 |
2014 |  |  | 202,794 |  |  |  | 111,593 |  |  |  | 122,497 |  |  |  | N/A |  |  |  | (39,255 | ) |  |  | 397,629 |
Income from Operations- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | $ | 261,826 |  |  | $ | 133,745 |  |  | $ | 138,306 |  |  |  | N/A |  |  | $ | (79,835 | ) |  | $ | 454,042 |
2015 |  |  | 233,248 |  |  |  | 117,185 |  |  |  | 130,601 |  |  |  | N/A |  |  |  | (75,595 | ) |  |  | 405,439 |
2014 |  |  | 196,860 |  |  |  | 102,409 |  |  |  | 122,626 |  |  |  | N/A |  |  |  | (76,534 | ) |  |  | 345,361 |
Capital Expenditures- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | $ | 18,225 |  |  | $ | 11,527 |  |  | $ | 642 |  |  |  | N/A |  |  | $ | 31,143 |  |  | $ | 61,537 |
2015 |  |  | 25,120 |  |  |  | 9,928 |  |  |  | — |  |  |  | N/A |  |  |  | 27,317 |  |  |  | 62,365 |
2014 |  |  | 15,614 |  |  |  | 15,451 |  |  |  | 63 |  |  |  | N/A |  |  |  | 40,662 |  |  |  | 71,790 |
The following table reconciles total Segment Income to income before provision for income taxes:
|  | 2016 |  |  | 2015 |  |  | 2014 |
Total Segment Income |  | $ | 511,609 |  |  | $ | 456,672 |  |  | $ | 397,629 |
Depreciation and amortization |  |  | (38,140 | ) |  |  | (32,434 | ) |  |  | (35,788 | )
Gains (losses) on sale/disposal of assets |  |  | (863 | ) |  |  | (316 | ) |  |  | 1,107 |
Non-cash compensation expense |  |  | (18,564 | ) |  |  | (17,623 | ) |  |  | (17,587 | )
2015 recapitalization-related expenses |  |  | — |  |  |  | (860 | ) |  |  | — |
Income from operations |  |  | 454,042 |  |  |  | 405,439 |  |  |  | 345,361 |
Interest income |  |  | 685 |  |  |  | 313 |  |  |  | 143 |
Interest expense |  |  | (110,069 | ) |  |  | (99,537 | ) |  |  | (86,881 | )
Income before provision for income taxes |  | $ | 344,658 |  |  | $ | 306,215 |  |  | $ | 258,623 |
The following table summarizes the Company’s identifiable asset information as of January 1, 2017 and January 3, 2016:
|  | 2016 |  |  | 2015 |
Domestic Stores |  | $ | 89,220 |  |  | $ | 80,619 |
Domestic supply chain |  |  | 172,210 |  |  |  | 155,451 |
Total domestic assets |  |  | 261,430 |  |  |  | 236,070 |
International Franchise |  |  | 17,436 |  |  |  | 17,048 |
International supply chain |  |  | 19,368 |  |  |  | 17,300 |
Total international assets |  |  | 36,804 |  |  |  | 34,348 |
Unallocated |  |  | 418,061 |  |  |  | 529,427 |
Total consolidated assets |  | $ | 716,295 |  |  | $ | 799,845 |
Unallocated assets primarily include cash and cash equivalents, restricted cash, advertising fund assets, investments in marketable securities, certain long-lived assets and deferred income taxes. The following table summarizes the Company’s goodwill balance as of January 1, 2017 and January 3, 2016:
|  | 2016 |  |  | 2015 |
Domestic Stores |  | $ | 14,991 |  |  | $ | 15,030 |
Supply Chain |  |  | 1,067 |  |  |  | 1,067 |
Consolidated goodwill |  | $ | 16,058 |  |  | $ | 16,097 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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