CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 26, 2020	Dec. 28, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 204,397	$ 182,736
Receivables (net of allowances: September 26, 2020 - $2,003 and December 28, 2019 - $1,813)	36,377	30,519
Inventories	33,298	27,204
Prepaid income taxes	20,783	8,395
Prepaid marketing and advertising	3,751	15,954
Prepaid expenses and other current assets	22,798	30,582
TOTAL CURRENT ASSETS	321,404	295,390
Property and equipment, net	57,306	54,066
Operating lease assets	131,777	151,983
Franchise rights acquired	751,664	753,445
Goodwill	152,791	157,916
Other intangible assets, net	59,606	59,031
Deferred income taxes	12,487	14,319
Other noncurrent assets	15,974	12,164
TOTAL ASSETS	1,503,009	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	35,101	33,236
Accounts payable	27,565	29,064
Salaries and wages payable	50,781	66,656
Accrued marketing and advertising	8,561	14,815
Accrued interest	14,343	24,637
Other accrued liabilities	45,387	43,558
Derivative payable	32,542	21,597
Income taxes payable	5,807	3,644
Deferred revenue	48,012	60,613
TOTAL CURRENT LIABILITIES	364,349	394,070
Long-term debt, net	1,426,580	1,479,920
Long-term operating lease liabilities	110,034	128,464
Deferred income taxes	175,938	175,235
Other	7,259	2,446
TOTAL LIABILITIES	2,084,160	2,180,135
Redeemable noncontrolling interest	3,599	3,722
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 120,649 shares issued at September 26, 2020 and 120,352 shares issued at December 28, 2019	0	0
Treasury stock, at cost, 52,626 shares at September 26, 2020 and 52,933 shares at December 28, 2019	(3,146,011)	(3,158,274)
Retained earnings	2,596,926	2,500,083
Accumulated other comprehensive loss	(35,665)	(27,352)
TOTAL DEFICIT	(584,750)	(685,543)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,503,009	$ 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.