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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 153,534 $ 146,034
Receivables, net of allowance of $3,772 (2024) and $4,462 (2023) 83,184 127,937
Restricted cash 45,357 35,058
Prepaid gift card costs 23,501 29,545
Prepaid income taxes 2,767 3,445
Other current assets 11,259 15,759
Total current assets 319,602 357,778
Non-current restricted cash 19,500 19,500
Property and equipment, net 158,101 161,891
Operating lease right-of-use assets 280,641 275,214
Deferred rent receivable 28,888 33,326
Long-term receivables, net of allowance of $652 (2024) and $5,002 (2023) 33,720 35,602
Goodwill 254,062 254,062
Other intangible assets, net 580,793 586,033
Other non-current assets, net 18,195 16,881
Total assets 1,693,502 1,740,287
Current liabilities:    
Current maturities of long-term debt 100,000 100,000
Accounts payable 31,512 36,193
Gift card liability 142,206 175,640
Current maturities of operating lease obligations 62,216 63,498
Current maturities of finance lease and financing obligations 6,630 7,243
Accrued employee compensation and benefits 14,173 23,211
Accrued advertising expenses 494 9,446
Dividends payable 7,805 7,827
Other accrued expenses 29,135 37,394
Total current liabilities 394,171 460,452
Long-term debt, net, less current maturities 1,085,510 1,084,502
Operating lease obligations, less current maturities 271,100 269,097
Finance lease obligations, less current maturities 37,090 34,389
Financing obligations, less current maturities 25,304 26,984
Deferred income taxes, net 58,898 60,829
Deferred franchise revenue, long-term 37,201 38,658
Other non-current liabilities 15,930 16,350
Total liabilities 1,925,204 1,991,261
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; shares: 40,000,000 authorized; June 30, 2024 - 24,814,459 issued, 15,299,270 outstanding; December 31, 2023 - 24,870,529 issued, 15,344,768 outstanding 248 249
Additional paid-in-capital 249,265 256,542
Retained earnings 174,972 150,008
Accumulated other comprehensive loss (69) (64)
Treasury stock, at cost; shares: June 30, 2024 - 9,515,189; December 31, 2023 - 9,525,761 (656,118) (657,709)
Total stockholders’ deficit (231,702) (250,974)
Total liabilities and stockholders’ deficit $ 1,693,502 $ 1,740,287