Chili's 2012 Annual Report Download - page 61

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5. GOODWILL
The changes in the carrying amount of goodwill for the fiscal years ended June 27, 2012 and June 29, 2011
are as follows (in thousands):
2012 2011
Balance at beginning of year:
Goodwill .................................. $186,923 $186,923
Accumulated impairment losses(a) .............. (62,834) (62,834)
124,089 124,089
Changes in goodwill:
Additions(b) ............................... 1,515 0
Balance at end of year:
Goodwill .............................. 188,438 186,923
Accumulated impairment losses ................ (62,834) (62,834)
$125,604 $124,089
(a) The impairment losses recorded in prior years are related to restaurant brands
that we no longer own.
(b) Additions reflect goodwill acquired as a result of the purchase of restaurants
from a franchisee.
6. ACCRUED AND OTHER LIABILITIES
Accrued liabilities consist of the following (in thousands):
2012 2011
Payroll ........................................ $ 87,414 $ 91,935
Gift cards ...................................... 86,332 79,837
Sales tax ....................................... 18,785 19,234
Insurance ...................................... 17,130 25,138
Property tax .................................... 14,257 15,844
Dividends ..................................... 11,948 11,609
Other ......................................... 38,018 43,768
$273,884 $287,365
Other liabilities consist of the following (in thousands):
2012 2011
Straight-line rent ................................ $ 57,418 $ 55,180
Insurance ...................................... 41,332 42,674
Landlord contributions ........................... 26,260 28,420
Unrecognized tax benefits ......................... 4,722 5,245
Other ......................................... 6,828 5,966
$136,560 $137,485
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