CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 91,446	$ 178,326
Receivables (net of allowances: July 1, 2023 - $907 and December 31, 2022 - $976)	25,813	24,273
Inventories	10,834	20,528
Derivative receivable	10,546	11,748
Prepaid income taxes	17,173	19,447
Prepaid expenses and other current assets	22,110	27,009
TOTAL CURRENT ASSETS	177,922	281,331
Property and equipment, net	23,569	28,229
Operating lease assets	58,019	75,696
Franchise rights acquired	386,555	386,745
Goodwill	246,208	155,998
Other intangible assets, net	71,091	63,306
Deferred income taxes	22,403	22,246
Other noncurrent assets	15,716	14,879
TOTAL ASSETS	1,001,483	1,028,430
CURRENT LIABILITIES
Portion of operating lease liabilities due within one year	9,949	17,955
Accounts payable	21,998	18,890
Salaries and wages payable	55,198	72,577
Accrued marketing and advertising	12,290	17,927
Accrued interest	5,333	5,289
Other accrued liabilities	53,739	30,118
Income taxes payable	7,198	1,646
Deferred revenue	35,705	32,156
TOTAL CURRENT LIABILITIES	201,410	196,558
Long-term debt, net	1,424,374	1,422,284
Long-term operating lease liabilities	58,867	68,099
Deferred income taxes	18,184	23,119
Other	14,910	2,185
TOTAL LIABILITIES	1,717,745	1,712,245
TOTAL DEFICIT
Common stock, $0 par value; 1,000,000 shares authorized; 130,048 shares issued at July 1, 2023 and 122,052 shares issued at December 31, 2022	0	0
Treasury stock, at cost, 51,146 shares at July 1, 2023 and 51,496 shares at December 31, 2022	(3,079,073)	(3,097,304)
Retained earnings	2,370,340	2,418,959
Accumulated other comprehensive loss	(7,529)	(5,470)
TOTAL DEFICIT	(716,262)	(683,815)
TOTAL LIABILITIES AND TOTAL DEFICIT	$ 1,001,483	$ 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.