CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 02, 2021	Jan. 02, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 188,230	$ 165,887
Receivables (net of allowances: October 2, 2021 - $2,061 and January 2, 2021 - $2,298)	30,309	34,555
Inventories	25,560	39,456
Prepaid income taxes	32,324	20,028
Prepaid marketing and advertising	3,897	15,656
Prepaid expenses and other current assets	20,600	23,610
TOTAL CURRENT ASSETS	300,920	299,192
Property and equipment, net	39,828	51,935
Operating lease assets	94,951	119,102
Franchise rights acquired	785,322	765,850
Goodwill	157,529	155,617
Other intangible assets, net	61,734	59,709
Deferred income taxes	12,169	13,625
Other noncurrent assets	15,431	16,144
TOTAL ASSETS	1,467,884	1,481,174
CURRENT LIABILITIES
Portion of long-term debt due within one year	10,000	77,000
Portion of operating lease liabilities due within one year	21,231	28,551
Accounts payable	15,115	23,052
Salaries and wages payable	63,971	58,047
Accrued marketing and advertising	9,334	15,556
Accrued interest	10,958	2,710
Other accrued liabilities	44,130	48,615
Derivative payable	19,616	28,283
Income taxes payable	2,851	7,810
Deferred revenue	50,231	50,475
TOTAL CURRENT LIABILITIES	247,437	340,099
Long-term debt, net	1,458,329	1,408,800
Long-term operating lease liabilities	82,550	101,561
Deferred income taxes	162,960	173,713
Other	7,985	5,212
TOTAL LIABILITIES	1,959,261	2,029,385
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 122,052 shares issued at October 2, 2021 and 121,470 shares issued at January 2, 2021	0	0
Treasury stock, at cost, 52,161 shares at October 2, 2021 and 52,497 shares at January 2, 2021	(3,127,295)	(3,140,903)
Retained earnings	2,656,970	2,617,841
Accumulated other comprehensive loss	(21,052)	(25,149)
TOTAL DEFICIT	(491,377)	(548,211)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,467,884	$ 1,481,174

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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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.