CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 188,291	$ 153,794
Receivables (net of allowances: October 1, 2022 - $1,693 and January 1, 2022 - $1,726)	28,192	29,321
Inventories	26,394	30,566
Prepaid income taxes	14,721	30,478
Prepaid expenses and other current assets	32,161	27,014
TOTAL CURRENT ASSETS	289,759	271,173
Property and equipment, net	30,112	37,219
Operating lease assets	79,911	89,902
Franchise rights acquired	440,515	785,195
Goodwill	156,155	157,374
Other intangible assets, net	62,952	61,126
Deferred income taxes	15,772	11,259
Other noncurrent assets	17,659	15,686
TOTAL ASSETS	1,092,835	1,428,934
CURRENT LIABILITIES
Portion of operating lease liabilities due within one year	18,457	20,297
Accounts payable	17,384	22,444
Salaries and wages payable	64,047	57,401
Accrued marketing and advertising	10,277	15,904
Accrued interest	10,848	5,085
Other accrued liabilities	37,318	45,728
Derivative payable		14,670
Income taxes payable	1,850	1,748
Deferred revenue	39,772	45,855
TOTAL CURRENT LIABILITIES	199,953	229,132
Long-term debt, net	1,421,239	1,418,104
Long-term operating lease liabilities	70,848	78,157
Deferred income taxes	58,293	157,718
Other	2,005	2,227
TOTAL LIABILITIES	1,752,338	1,885,338
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 122,052 shares issued at October 1, 2022 and 122,052 shares issued at January 1, 2022	0	0
Treasury stock, at cost, 51,667 shares at October 1, 2022 and 51,988 shares at January 1, 2022	(3,106,098)	(3,120,149)
Retained earnings	2,457,912	2,682,349
Accumulated other comprehensive loss	(11,317)	(18,604)
TOTAL DEFICIT	(659,503)	(456,404)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,092,835	$ 1,428,934

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.