Papa Johns 2015 Annual Report Download - page 68

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55
Papa John’s International, Inc. and Subsidiaries
Consolidated Balance Sheets
(In thousands, except per share amounts)
December 27, December 28,
2015 2014
Assets
Current assets:
Cash and cash equivalents 21,006$ 20,122$
Accounts receivable (less allowance for doubtful
accounts of $2,447 in 2015 and $3,814 in 2014) 63,163 55,933
Accounts receivable - affiliates (no allowance for doubtful
accounts in 2015 and 2014) 157 114
Notes receivable (no allowance for doubtful accounts in 2015 and 2014) 7,816 6,106
Income taxes receivable 272 9,527
Inventories 21,564 27,394
Prepaid expenses 20,372 18,736
Other current assets 8,941 9,828
Assets held for sale 9,299 -
Total current assets 152,590 147,760
Net property and equipment 214,044 219,457
Notes receivable, less current portion (less allowance for doubtful
accounts of $3,653 in 2015 and $3,132 in 2014) 11,105 12,801
Goodwill 79,657 82,007
Deferred income taxes 2,415 3,914
Other assets 35,101 38,616
Total assets
494,912
$
504,555
$
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable 43,492$ 38,832$
Income and other taxes payable 8,527 9,637
Accrued expenses and other current liabilities 80,918 58,293
Total current liabilities 132,937 106,762
Deferred revenue 3,190 4,257
Long-term debt 256,000 230,451
Deferred income taxes 4,610 13,940
Other long-term liabilities 47,606 41,875
Total liabilities 444,343 397,285
Redeemable noncontrolling interests 8,363 8,555
Stockholders’ equity:
Preferred stock ($0.01 par value per share; no shares issued) - -
Common stock ($0.01 par value per share; issued 43,731 in 2015 and 43,331 in 2014) 437 433
Additional paid-in capital 158,348 147,912
Accumulated other comprehensive income (1,836) 671
Retained earnings 143,789 92,876
Treasury stock (5,308 shares in 2015 and 3,549 shares in 2014, at cost) (271,557) (155,659)
Total stockholders' equity, net of noncontrolling interests 29,181 86,233
Noncontrolling interests in subsidiaries 13,025 12,482
Total stockholders' equity 42,206 98,715
Total liabilities, redeemable noncontrolling interests and stockholders' equity
494,912
$
504,555
$
See accompanying notes.
Years Ended