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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 02, 2016
Jan. 03, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 241,526 $ 301,212
Receivables (net of allowances: January 2, 2016-$2,226 and January 3, 2015-$3,287) 29,281 31,960
Inventories 27,838 32,382
Deferred income taxes 7,516 23,744
Prepaid expenses and other current assets 52,812 36,367
TOTAL CURRENT ASSETS 358,973 425,665
Property and equipment, net 58,186 74,650
Franchise rights acquired 747,326 760,883
Goodwill 159,331 168,279
Trademarks and other intangible assets, net 66,339 68,115
Deferred financing costs, net 25,209 32,742
Other noncurrent assets 6,720 4,306
TOTAL ASSETS 1,422,084 1,534,640
CURRENT LIABILITIES    
Portion of long-term debt due within one year 213,323 80,728
Accounts payable 38,225 52,411
Salaries and wages payable 47,042 64,785
Accrued marketing and advertising 21,554 20,540
Accrued interest 20,739 22,965
Other accrued liabilities 56,477 81,653
Derivative payable 44,170 42,423
Deferred revenue 61,597 66,190
TOTAL CURRENT LIABILITIES 503,127 431,695
Long-term debt 2,021,250 2,277,272
Deferred income taxes 159,539 176,278
Other 23,876 16,883
TOTAL LIABILITIES $ 2,707,792 $ 2,902,128
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest $ 4,450 $ 5,553
TOTAL DEFICIT    
Common stock, $0 par value; 1,000,000 shares authorized; 118,855 shares issued at January 2, 2016 and 112,195 shares issued at January 3, 2015 0 0
Treasury stock, at cost, 55,301 shares at January 2, 2016 and 55,485 shares at January 3, 2015 (3,247,406) (3,253,597)
Retained earnings 1,994,513 1,900,506
Accumulated other comprehensive loss [1] (37,265) (19,950)
TOTAL DEFICIT (1,290,158) (1,373,041)
TOTAL LIABILITIES AND TOTAL DEFICIT 1,422,084 1,534,640
Franchise Rights    
CURRENT ASSETS    
Franchise rights acquired $ 747,326 $ 760,883
[1] Amounts in parentheses indicate debits