CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 27, 2020	Dec. 28, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 150,409	$ 182,736
Receivables (net of allowances: June 27, 2020 - $1,966 and December 28, 2019 - $1,813)	37,312	30,519
Inventories	35,191	27,204
Prepaid income taxes	23,149	8,395
Prepaid marketing and advertising	5,112	15,954
Prepaid expenses and other current assets	26,465	30,582
TOTAL CURRENT ASSETS	277,638	295,390
Property and equipment, net	60,924	54,066
Operating lease assets	140,723	151,983
Franchise rights acquired	749,923	753,445
Goodwill	151,624	157,916
Other intangible assets, net	59,907	59,031
Deferred income taxes	12,761	14,319
Other noncurrent assets	16,040	12,164
TOTAL ASSETS	1,469,540	1,498,314
CURRENT LIABILITIES
Portion of long-term debt due within one year	96,250	96,250
Portion of operating lease liabilities due within one year	37,829	33,236
Accounts payable	25,170	29,064
Salaries and wages payable	54,196	66,656
Accrued marketing and advertising	8,951	14,815
Accrued interest	7,962	24,637
Other accrued liabilities	50,239	43,558
Derivative payable	34,667	21,597
Income taxes payable	5,175	3,644
Deferred revenue	50,946	60,613
TOTAL CURRENT LIABILITIES	371,385	394,070
Long-term debt, net	1,444,360	1,479,920
Long-term operating lease liabilities	117,254	128,464
Deferred income taxes	176,884	175,235
Other	5,201	2,446
TOTAL LIABILITIES	2,115,084	2,180,135
Redeemable noncontrolling interest	3,609	3,722
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 120,649 shares issued at June 27, 2020 and 120,352 shares issued at December 28, 2019	0	0
Treasury stock, at cost, 52,669 shares at June 27, 2020 and 52,933 shares at December 28, 2019	(3,147,758)	(3,158,274)
Retained earnings	2,538,840	2,500,083
Accumulated other comprehensive loss	(40,235)	(27,352)
TOTAL DEFICIT	(649,153)	(685,543)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,469,540	$ 1,498,314

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.