Baskin Robbins 2015 Annual Report Download - page 65

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See accompanying notes to consolidated financial statements.
-55-
DUNKIN’ BRANDS GROUP, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
(In thousands, except share data)
December 26,
2015
December 27,
2014
Assets
Current assets:
Cash and cash equivalents $ 260,430 208,080
Restricted cash 71,917 —
Accounts receivable, net 53,142 55,908
Notes and other receivables, net 75,218 49,152
Restricted assets of advertising funds 38,554 34,300
Prepaid income taxes 23,899 24,861
Prepaid expenses and other current assets 34,664 21,101
Total current assets 557,824 393,402
Property and equipment, net 182,614 182,061
Equity method investments 106,878 164,493
Goodwill 889,588 891,370
Other intangible assets, net 1,401,208 1,425,797
Other assets 59,007 67,277
Total assets $ 3,197,119 3,124,400
Liabilities, Redeemable Noncontrolling Interests, and Stockholders’ Equity (Deficit)
Current liabilities:
Current portion of long-term debt $ 25,000 3,852
Capital lease obligations 546 506
Accounts payable 18,663 13,814
Liabilities of advertising funds 50,189 48,081
Deferred income 31,535 30,374
Other current liabilities 292,859 258,892
Total current liabilities 418,792 355,519
Long-term debt, net 2,420,600 1,795,623
Capital lease obligations 7,497 7,575
Unfavorable operating leases acquired 12,975 14,795
Deferred income 15,619 14,935
Deferred income taxes, net 476,510 498,814
Other long-term liabilities 65,869 62,189
Total long-term liabilities 2,999,070 2,393,931
Commitments and contingencies (note 17)
Redeemable noncontrolling interests — 6,991
Stockholders’ equity (deficit):
Preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued and
outstanding ——
Common stock, $0.001 par value; 475,000,000 shares authorized; 92,668,211 shares
issued and 92,641,044 shares outstanding at December 26, 2015; 104,630,978 shares
issued and outstanding at December 27, 2014 92 104
Additional paid-in capital 876,557 1,093,363
Treasury stock, at cost; 27,167 shares at December 26, 2015 (1,075)—
Accumulated deficit (1,076,479)(711,531)
Accumulated other comprehensive loss (20,046)(13,977)
Total stockholders’ equity (deficit) of Dunkin’ Brands (220,951) 367,959
Noncontrolling interests 208 —
Total stockholders’ equity (deficit) (220,743) 367,959
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity
(deficit) $ 3,197,119 3,124,400