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Segment Information (Tables) | 12 Months Ended
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Jan. 02, 2022
Segment Reporting [Abstract] |
Financial Information by Operating Segment | The tables below summarize the financial information concerning the Company’s reportable segments for fiscal 2021, 2020 and 2019. Intersegment revenues are comprised of sales of food, equipment and supplies from the supply chain segment to the Company-owned stores in the U.S. stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income below primarily includes corporate administrative costs that are not allocable to a reportable segment, including labor, computer expenses, professional fees, travel and entertainment, rent, insurance and other corporate administrative costs. The “Other” column as it relates to capital expenditures primarily includes capitalized software, certain equipment and leasehold improvements for the Company's corporate offices.
|  | U.S. Stores |  |  | Supply Chain |  |  | International Franchise |  |  | Intersegment Revenues |  |  | Other |  |  | Total |
Revenues- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 1,498,360 |  |  | $ | 2,699,863 |  |  | $ | 298,036 |  |  | $ | (138,886 | ) |  | $ | — |  |  | $ | 4,357,373 |
2020 |  |  | 1,451,003 |  |  |  | 2,552,795 |  |  |  | 249,757 |  |  |  | (136,144 | ) |  |  | — |  |  |  | 4,117,411 |
2019 |  |  | 1,272,863 |  |  |  | 2,231,838 |  |  |  | 240,975 |  |  |  | (126,902 | ) |  |  | — |  |  |  | 3,618,774 |
Segment Income- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 454,875 |  |  | $ | 229,877 |  |  | $ | 241,873 |  |  | N/A |  |  | $ | (42,926 | ) |  | $ | 883,699 |
2020 |  |  | 435,089 |  |  |  | 238,420 |  |  |  | 197,602 |  |  | N/A |  |  |  | (53,265 | ) |  |  | 817,846 |
2019 |  |  | 361,673 |  |  |  | 199,844 |  |  |  | 187,318 |  |  | N/A |  |  |  | (36,701 | ) |  |  | 712,134 |
Capital Expenditures- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 13,680 |  |  | $ | 37,063 |  |  | $ | — |  |  | N/A |  |  | $ | 44,894 |  |  | $ | 95,637 |
2020 |  |  | 15,319 |  |  |  | 36,229 |  |  |  | — |  |  | N/A |  |  |  | 35,371 |  |  |  | 86,919 |
2019 |  |  | 11,793 |  |  |  | 33,440 |  |  |  | 131 |  |  | N/A |  |  |  | 43,304 |  |  |  | 88,668 |
Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes | The following table reconciles total Segment Income to income before provision for income taxes:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Total Segment Income |  | $ | 883,699 |  |  | $ | 817,846 |  |  | $ | 712,134 |
Depreciation and amortization |  |  | (72,923 | ) |  |  | (65,038 | ) |  |  | (59,930 | )
Loss on sale/disposal of assets |  |  | (1,189 | ) |  |  | (2,922 | ) |  |  | (2,023 | )
Non-cash equity-based compensation expense |  |  | (28,670 | ) |  |  | (24,244 | ) |  |  | (20,265 | )
Recapitalization-related expenses |  |  | (509 | ) |  |  | — |  |  |  | (509 | )
Income from operations |  |  | 780,408 |  |  |  | 725,642 |  |  |  | 629,407 |
Other income |  |  | 36,758 |  |  |  | — |  |  |  | — |
Interest income |  |  | 345 |  |  |  | 1,654 |  |  |  | 4,048 |
Interest expense |  |  | (191,806 | ) |  |  | (172,166 | ) |  |  | (150,818 | )
Income before provision for income taxes |  | $ | 625,705 |  |  | $ | 555,130 |  |  | $ | 482,637 |
Identifiable Asset Information | The following table summarizes the Company’s identifiable asset information by reportable segment as of January 2, 2022 and January 3, 2021:
|  | January 2, 2022 |  |  | January 3, 2021 |
U.S. stores |  | $ | 340,984 |  |  | $ | 308,088 |
Supply chain |  |  | 558,251 |  |  |  | 520,043 |
International franchise |  |  | 41,279 |  |  |  | 41,408 |
Unallocated |  |  | 731,302 |  |  |  | 697,629 |
Total assets |  | $ | 1,671,816 |  |  | $ | 1,567,168 |
Goodwill | The following table summarizes the Company’s goodwill balance by reportable segment as of January 2, 2022 and January 3, 2021 (in thousands):
|  | January 2, 2022 |  |  | January 3, 2021 |
U.S. stores |  | $ | 13,967 |  |  | $ | 13,994 |
Supply chain |  |  | 1,067 |  |  |  | 1,067 |
Consolidated goodwill |  | $ | 15,034 |  |  | $ | 15,061 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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