CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 140,847	$ 178,326
Receivables (net of allowances: April 1, 2023 - $1,023 and December 31, 2022 - $976)	31,059	24,273
Inventories	10,668	20,528
Prepaid income taxes	15,337	19,447
Prepaid expenses and other current assets	37,323	38,757
TOTAL CURRENT ASSETS	235,234	281,331
Property and equipment, net	25,612	28,229
Operating lease assets	68,962	75,696
Franchise rights acquired	386,608	386,745
Goodwill	156,211	155,998
Other intangible assets, net	64,178	63,306
Deferred income taxes	23,006	22,246
Other noncurrent assets	13,917	14,879
TOTAL ASSETS	973,728	1,028,430
CURRENT LIABILITIES
Portion of operating lease liabilities due within one year	15,464	17,955
Accounts payable	21,697	18,890
Salaries and wages payable	64,041	72,577
Accrued marketing and advertising	14,664	17,927
Accrued interest	10,938	5,289
Other accrued liabilities	42,288	30,118
Income taxes payable	62,058	1,646
Deferred revenue	35,716	32,156
TOTAL CURRENT LIABILITIES	266,866	196,558
Long-term debt, net	1,423,329	1,422,284
Long-term operating lease liabilities	63,783	68,099
Deferred income taxes	19,940	23,119
Other	2,079	2,185
TOTAL LIABILITIES	1,775,997	1,712,245
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 122,052 shares issued at April 1, 2023 and 122,052 shares issued at December 31, 2022	0	0
Treasury stock, at cost, 51,418 shares at April 1, 2023 and 51,496 shares at December 31, 2022	(3,093,237)	(3,097,304)
Retained earnings	2,298,701	2,418,959
Accumulated other comprehensive loss	(7,733)	(5,470)
TOTAL DEFICIT	(802,269)	(683,815)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 973,728	$ 1,028,430

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.