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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

12 Months Ended

Dec. 29, 2024

Condensed Financial Information Disclosure [Abstract]

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED BALANCE SHEETS

(In thousands, except share and per share amounts)


		December 29,				December 31,
		2024				2023
ASSETS
ASSETS:
Total assets		$	—			$	—
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES:
Equity in net deficit of subsidiaries		$	3,962,291			$	4,070,367
Total liabilities			3,962,291				4,070,367
STOCKHOLDERS’ DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 34,281,927 in 2024 and 34,726,182 in 2023 issued and outstanding			343				347
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued			—				—
Additional paid-in capital			1,272				2,801
Retained deficit			(3,956,474	)			(4,069,648	)
Accumulated other comprehensive loss			(7,432	)			(3,867	)
Total stockholders’ deficit			(3,962,291	)			(4,070,367	)
Total liabilities and stockholders’ deficit		$	—			$	—

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(In thousands, except share and per share amounts)


		For the Years Ended
		December 29,				December 31,				January 1,
		2024				2023				2023
REVENUES		$	—			$	—			$	—
Total revenues			—				—				—
OPERATING EXPENSES			—				—				—
Total operating expenses			—				—				—
INCOME FROM OPERATIONS			—				—				—
Equity earnings in subsidiaries			584,170				519,118				452,263
INCOME BEFORE PROVISION FOR INCOME TAXES			584,170				519,118				452,263
PROVISION FOR INCOME TAXES			—				—				—
NET INCOME		$	584,170			$	519,118			$	452,263
COMPREHENSIVE INCOME		$	580,605			$	519,945			$	450,389
EARNINGS PER SHARE:
Common Stock – basic		$	16.83			$	14.80			$	12.66
Common Stock – diluted		$	16.69			$	14.66			$	12.53

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS

(In thousands)


		For the Years Ended
		December 29,				December 31,				January 1,
		2024				2023				2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities		$	512,014			$	435,551			$	458,679
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in subsidiaries			—				(6	)			—
Net cash used in investing activities			—				(6	)			—
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of common stock dividends and equivalents			(209,945	)			(169,772	)			(157,531	)
Purchases of common stock			(326,995	)			(269,025	)			(293,740	)
Other			24,926				3,246				(7,408	)
Net cash used in financing activities			(512,014	)			(435,551	)			(458,679	)
CHANGE IN CASH			—				(6	)			—
CASH, AT BEGINNING OF PERIOD			—				6				6
CASH, AT END OF PERIOD		$	—			$	—			$	6

(1)

Introduction and Basis of Presentation

Domino’s Pizza, Inc., on a stand-alone basis, (the “Parent Company”) has accounted for majority-owned subsidiaries using the equity method of accounting. The accompanying condensed financial statements of the Parent Company should be read in conjunction with the consolidated financial statements of Domino’s Pizza, Inc. and its subsidiaries (the “Company”) and the notes thereto included in Item 8 of this Form 10-K. These financial statements have been provided to comply with Rule 4-08(e) of Regulation S-X.

Use of Estimates

The use of estimates is inherent in the preparation of financial statements in accordance with generally accepted accounting principles. Actual results could differ from those estimates.

(2)

Supplemental Disclosures of Cash Flow Information

During 2024, 2023 and 2022, the Parent Company received dividends from its subsidiaries primarily consisting of amounts received to pay dividends and repurchase common stock.

During 2024, the Company repurchased and retired $327.0 million in shares of its common stock under the Company’s Board of Directors-approved share repurchase program. During 2024, Domino’s Pizza LLC, a subsidiary of the Parent Company, made $2.6 million in excise tax payments related to this share repurchase program.