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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 179,567 $ 383,369
Receivables, net of allowance of $11,854 (2021) and $15,057 (2020) 107,387 121,897
Restricted cash 60,063 39,884
Prepaid gift card costs 22,581 29,080
Prepaid income taxes 6,940 6,178
Other current assets 9,171 6,098
Total current assets 385,709 586,506
Other intangible assets, net 547,098 549,671
Operating lease right-of-use assets 338,572 346,086
Goodwill 251,628 251,628
Property and equipment, net 182,661 187,977
Long-term receivables, net of allowance of $6,455 (2021) and $7,999 (2020) 51,605 54,512
Deferred rent receivable 54,713 56,449
Non-current restricted cash 32,800 32,800
Other non-current assets, net 11,503 9,316
Total assets 1,856,289 2,074,945
Current liabilities:    
Current maturities of long-term debt 13,000 13,000
Accounts payable 33,522 37,424
Gift card liability 121,814 144,159
Current maturities of operating lease obligations 70,270 69,672
Current maturities of finance lease and financing obligations 11,052 11,293
Accrued employee compensation and benefits 14,554 21,237
Deferred franchise revenue, short-term 8,990 7,682
Accrued advertising 44,477 21,641
Other accrued expenses 17,417 22,460
Total current liabilities 335,096 348,568
Long-term debt 1,271,438 1,491,996
Operating lease obligations, less current maturities 334,361 345,163
Finance lease obligations, less current maturities 66,234 69,012
Financing obligations, less current maturities 32,598 32,797
Deferred income taxes, net 70,006 78,293
Deferred franchise revenue, long-term 49,364 52,237
Other non-current liabilities 14,594 11,530
Total liabilities 2,173,691 2,429,596
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; March 31, 2021 - 25,033,181 issued, 17,142,367 outstanding; December 31, 2020 - 24,882,122 issued, 16,452,174 outstanding 250 249
Additional paid-in-capital 247,498 257,625
Accumulated deficit (29,950) (55,553)
Accumulated other comprehensive loss (56) (55)
Treasury stock, at cost; shares: March 31, 2021 - 7,890,814; December 31, 2020 - 8,429,948 (535,144) (556,917)
Total stockholders’ deficit (317,402) (354,651)
Total liabilities and stockholders’ deficit $ 1,856,289 $ 2,074,945