Papa Johns 2014 Annual Report Download - page 69

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56
Papa John’s International, Inc. and Subsidiaries
Consolidated Balance Sheets
(In thousands, except per share amounts) December 28, December 29,
2014 2013
Assets
Current assets:
Cash and cash equivalents 20,122$ 13,670$
Accounts receivable (less allowance for doubtful
accounts of $3,814 in 2014 and $4,318 in 2013) 55,933 52,919
Accounts receivable - affiliates (no allowance for doubtful
accounts in 2014 and 2013) 114 284
Notes receivable (no allowance for doubtful accounts in 2014 and 2013) 6,106 3,566
Income taxes receivable 9,527 -
Inventories 27,394 23,035
Deferred income taxes 8,248 8,004
Prepaid expenses 18,736 14,336
Other current assets 9,828 9,226
Total current assets 156,008 125,040
Net property and equipment 219,457 212,097
Notes receivable, less current portion (less allowance for doubtful
accounts of $3,132 in 2014 and $3,387 in 2013) 12,801 13,239
Goodwill 82,007 79,391
Deferred income taxes 3,914 -
Other assets 38,616 34,524
Total assets 512,803$ 464,291$
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable 38,832$ 35,653$
Income and other taxes payable 9,637 4,401
Accrued expenses and other current liabilities 58,293 57,807
Total current liabilities 106,762 97,861
Deferred revenue 4,257 5,827
Long-term debt 230,451 157,900
Deferred income taxes 22,188 14,660
Other long-term liabilities 41,875 42,835
Total liabilities 405,533 319,083
Redeemable noncontrolling interests 8,555 7,024
Stockholders’ equity:
Preferred stock ($0.01 par value per share; no shares issued) - -
Common stock ($0.01 par value per share; issued 43,331 in 2014 and 42,796 in 2013) 433 428
Additional paid-in capital 147,912 137,552
Accumulated other comprehensive income 671 2,463
Retained earnings 92,876 41,297
Treasury stock (3,549 shares in 2014 and 1,129 shares in 2013, at cost) (155,659) (44,066)
Total stockholders' equity, net of noncontrolling interests 86,233 137,674
Noncontrolling interests in subsidiaries 12,482 510
Total stockholders' equity 98,715 138,184
Total liabilities, redeemable noncontrolling interests and stockholders' equity 512,803$ 464,291$
Years Ended