CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 02, 2016	Jan. 02, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 114,498	$ 241,526
Receivables (net of allowances: July 2, 2016 - $1,859 and January 2, 2016 - $2,226)	28,830	29,281
Inventories	29,010	27,838
Prepaid income taxes	22,255	15,436
Prepaid expenses and other current assets	21,613	37,376
TOTAL CURRENT ASSETS	216,206	351,457
Property and equipment, net	51,861	58,186
Franchise rights acquired	751,849	747,326
Goodwill	168,482	159,331
Trademarks and other intangible assets, net	64,067	66,339
Other noncurrent assets	13,339	11,577
TOTAL ASSETS	1,265,804	1,394,216
CURRENT LIABILITIES
Portion of long-term debt due within one year	69,000	213,323
Accounts payable	31,238	38,225
Salaries and wages payable	42,967	47,042
Accrued marketing and advertising	7,728	21,554
Accrued interest	20,357	20,739
Other accrued liabilities	53,545	56,477
Derivative payable	62,212	44,170
Deferred revenue	75,278	61,597
TOTAL CURRENT LIABILITIES	362,325	503,127
Long-term debt	1,988,885	1,996,296
Deferred income taxes	158,041	156,625
Other	22,912	23,876
TOTAL LIABILITIES	2,532,163	2,679,924
Redeemable noncontrolling interest	4,859	4,450
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 118,947 shares issued at July 2, 2016 and at January 2, 2016	0	0
Treasury stock, at cost, 55,093 shares at July 2, 2016 and 55,301 shares at January 2, 2016	(3,239,940)	(3,247,406)
Retained earnings	2,010,395	1,994,513
Accumulated other comprehensive loss	(41,673)	(37,265)
TOTAL DEFICIT	(1,271,218)	(1,290,158)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,265,804	$ 1,394,216

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for the marketing, trade and selling of the entity's goods and services. Marketing costs would include expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services; costs of public relations and corporate promotions; and obligations incurred and payable for sales discounts, rebates, price protection programs, etc. offered to customers and under government programs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

No definition available.