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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 169,636 $ 146,034
Receivables, net of allowance of $2,993 (2024) and $4,462 (2023) 83,414 127,937
Restricted cash 45,974 35,058
Prepaid gift card costs 23,493 29,545
Prepaid income taxes 806 3,445
Other current assets 8,108 15,759
Total current assets 331,431 357,778
Non-current restricted cash 19,500 19,500
Property and equipment, net 154,932 161,891
Operating lease right-of-use assets 282,202 275,214
Deferred rent receivable 26,721 33,326
Long-term receivables, net of allowance of $636 (2024) and $5,002 (2023) 33,508 35,602
Goodwill 254,062 254,062
Other intangible assets, net 578,309 586,033
Other non-current assets, net 18,874 16,881
Total assets 1,699,539 1,740,287
Current liabilities:    
Current maturities of long-term debt 100,000 100,000
Accounts payable 35,455 36,193
Gift card liability 137,020 175,640
Current maturities of operating lease obligations 61,181 63,498
Current maturities of finance lease and financing obligations 6,713 7,243
Accrued employee compensation and benefits 12,063 23,211
Accrued advertising expenses 3,616 9,446
Dividends payable 7,790 7,827
Other accrued expenses 23,012 37,394
Total current liabilities 386,850 460,452
Long-term debt, net, less current maturities 1,086,026 1,084,502
Operating lease obligations, less current maturities 271,283 269,097
Finance lease obligations, less current maturities 35,720 34,389
Financing obligations, less current maturities 24,940 26,984
Deferred income taxes, net 57,493 60,829
Deferred franchise revenue, long-term 37,681 38,658
Other non-current liabilities 16,216 16,350
Total liabilities 1,916,209 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; September 30, 2024 - 24,787,994 issued, 15,273,565 outstanding; December 31, 2023 - 24,870,529 issued, 15,344,768 outstanding 248 249
Additional paid-in-capital 252,994 256,542
Retained earnings 186,237 150,008
Accumulated other comprehensive loss (67) (64)
Treasury stock, at cost; shares: September 30, 2024 - 9,514,429; December 31, 2023 - 9,525,761 (656,082) (657,709)
Total stockholders’ deficit (216,670) (250,974)
Total liabilities and stockholders’ deficit $ 1,699,539 $ 1,740,287