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Document And Entity Information - USD ($)	12 Months Ended
Document And Entity Information - USD ($)	Dec. 30, 2018	Feb. 14, 2019	Jun. 17, 2018
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	DPZ
Entity Registrant Name	DOMINOS PIZZA INC
Entity Central Index Key	0001286681
Current Fiscal Year End Date	--12-30
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Public Float			$ 11,546,079,722
Entity Common Stock, Shares Outstanding		41,040,704

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 25,438	$ 35,768
Restricted cash and cash equivalents	166,993	191,762
Accounts receivable, net of reserves of $1,879 in 2018 and $1,424 in 2017	190,091	173,677
Inventories	45,975	39,961
Prepaid expenses and other	25,710	18,389
Advertising fund assets, restricted	112,744	120,223
Total current assets	566,951	579,780
Property, plant and equipment:
Land and buildings	41,147	29,171
Leasehold and other improvements	170,498	128,613
Equipment	243,654	216,599
Construction in progress	31,822	32,482
Property, plant and equipment, Gross	487,121	406,865
Accumulated depreciation and amortization	(252,182)	(237,279)
Property, plant and equipment, net	234,939	169,586
Other assets:
Investments in marketable securities, restricted	8,718	8,119
Goodwill	14,919	15,423
Capitalized software, net of accumulated amortization of $89,161 in 2018 and $78,696 in 2017	63,809	52,823
Other assets, net of accumulated amortization of $776 in 2018 and $776 in 2017	12,523	8,272
Deferred income taxes	5,526	2,750
Total other assets	105,495	87,387
Total assets	907,385	836,753
Current liabilities:
Current portion of long-term debt	35,893	32,324
Accounts payable	92,546	106,894
Accrued compensation	40,962	37,417
Accrued interest	25,981	22,095
Insurance reserves	22,210	20,754
Advertising fund liabilities	107,150	120,223
Other accrued liabilities	55,001	58,578
Total current liabilities	379,743	398,285
Long-term liabilities:
Long-term debt, less current portion	3,495,691	3,121,490
Insurance reserves	31,065	30,611
Other accrued liabilities	40,807	21,751
Total long-term liabilities	3,567,563	3,173,852
Total liabilities	3,947,306	3,572,137
Commitments and contingencies
Stockholders' deficit
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 40,977,561 in 2018 and 42,898,329 in 2017 issued and outstanding	410	429
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued
Additional paid-in capital	569	5,654
Retained deficit	(3,036,471)	(2,739,437)
Accumulated other comprehensive loss	(4,429)	(2,030)
Total stockholders' deficit	(3,039,921)	(2,735,384)
Total liabilities and stockholders' deficit	$ 907,385	$ 836,753

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, reserves	$ 1,879	$ 1,424
Capitalized software, accumulated amortization	89,161	78,696
Other assets, accumulated amortization	$ 776	$ 776
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	170,000,000	170,000,000
Common stock, shares issued	40,977,561	42,898,329
Common stock, shares outstanding	40,977,561	42,898,329
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Revenues:
Revenue	$ 3,432,867	$ 2,787,979	$ 2,472,628
Cost of sales:
Cost of sales	2,130,188	1,921,988	1,704,937
Operating margin	1,302,679	865,991	767,691
General and administrative	372,464	344,759	313,649
U.S. franchise advertising	358,526	0	0
Income from operations	571,689	521,232	454,042
Interest income	3,334	1,462	685
Interest expense	(146,345)	(122,541)	(110,069)
Income before provision for income taxes	428,678	400,153	344,658
Provision for income taxes	66,706	122,248	129,980
Net income	$ 361,972	$ 277,905	$ 214,678
Earnings per share:
Common Stock – basic	$ 8.65	$ 6.05	$ 4.41
Common Stock – diluted	8.35	5.83	4.30
Dividends declared per share	$ 2.20	$ 1.84	$ 1.52
Domestic Stores [Member] \| U.S. Company-owned stores [Member]
Revenues:
Revenue	$ 514,804	$ 490,846	$ 439,024
Cost of sales:
Cost of sales	398,158	377,674	331,860
Domestic Stores [Member] \| U.S. franchise royalties and fees [Member]
Revenues:
Revenue	391,493	351,387	312,260
Domestic Stores [Member] \| U.S. franchise advertising [Member]
Revenues:
Revenue	358,526	0	0
Supply Chain [Member]
Revenues:
Revenue	1,943,297	1,739,038	1,544,345
Cost of sales:
Cost of sales	1,732,030	1,544,314	1,373,077
International Franchise [Member] \| International franchise royalties and fees [Member]
Revenues:
Revenue	$ 224,747	$ 206,708	$ 176,999

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 361,972	$ 277,905	$ 214,678
Other comprehensive income (loss), before tax:
Currency translation adjustment	(2,048)	1,080	(94)
Tax attributes of items in other comprehensive income (loss):
Currency translation adjustment	0	0	532
Other comprehensive income (loss), net of tax	(2,048)	1,080	438
Comprehensive income	$ 359,924	$ 278,985	$ 215,116

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Jan. 03, 2016		$ 498	$ 6,942	$ (1,804,143)	$ (3,548)
Balance (in shares) at Jan. 03, 2016		49,838,221
Net income	$ 214,678			214,678
Common stock dividends and equivalents				(73,958)
Issuance of common stock, net		$ 1
Issuance of common stock, net, (in shares)		80,267
Tax payments for restricted stock upon vesting			(5,646)
Tax payments for restricted stock upon vesting, (in shares)		(47,277)
Purchases of common stock		$ (28)	(82,125)	(218,097)
Purchases of common stock, (in shares)		(2,816,716)
Exercises of stock options		$ 10	15,224
Exercises of stock options, (in shares)	1,045,648	1,045,648
Tax impact from equity-based compensation			48,129
Non-cash compensation expense			18,564
Other			(82)
Currency translation adjustment, net of tax					438
Balance at Jan. 01, 2017		$ 481	1,006	(1,881,520)	(3,110)
Balance (in shares) at Jan. 01, 2017		48,100,143
Net income	$ 277,905			277,905
Common stock dividends and equivalents				(84,215)
Issuance of common stock, net		$ 1
Issuance of common stock, net, (in shares)		65,669
Tax payments for restricted stock upon vesting		$ (1)	(9,448)
Tax payments for restricted stock upon vesting, (in shares)		(49,159)
Purchases of common stock		$ (56)	(12,590)	(1,051,607)
Purchases of common stock, (in shares)		(5,576,249)
Exercises of stock options		$ 4	6,095
Exercises of stock options, (in shares)	357,925	357,925
Non-cash compensation expense			20,713
Other			(122)
Currency translation adjustment, net of tax					1,080
Balance at Dec. 31, 2017	$ (2,735,384)	$ 429	5,654	(2,739,437)	(2,030)
Balance (in shares) at Dec. 31, 2017	42,898,329	42,898,329
Net income	$ 361,972			361,972
Common stock dividends and equivalents				(92,211)
Issuance of common stock, net		$ 1
Issuance of common stock, net, (in shares)		79,868
Tax payments for restricted stock upon vesting			(6,962)
Tax payments for restricted stock upon vesting, (in shares)		(27,308)
Purchases of common stock		$ (24)	(30,743)	(560,445)
Purchases of common stock, (in shares)		(2,387,430)
Exercises of stock options		$ 4	9,828
Exercises of stock options, (in shares)	414,102	414,102
Non-cash compensation expense			22,792
New accounting pronouncement \| Revenue Recognition Standard [Member]				(6,701)
New accounting pronouncement \| Reclassification of Certain Tax Effects [Member]				351	(351)
Currency translation adjustment, net of tax					(2,048)
Balance at Dec. 30, 2018	$ (3,039,921)	$ 410	$ 569	$ (3,036,471)	$ (4,429)
Balance (in shares) at Dec. 30, 2018	40,977,561	40,977,561

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Cash flows from operating activities:
Net income	$ 361,972	$ 277,905	$ 214,678
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	53,665	44,369	38,140
(Gain) loss on sale/disposal of assets	(4,737)	(3,148)	863
Amortization of debt issuance costs	8,033	10,976	6,418
(Benefit) provision for deferred income taxes	(872)	6,160	(3,059)
Non-cash compensation expense	22,792	20,713	18,564
Excess tax benefits from equity-based compensation	(23,786)	(27,227)	(48,129)
Provision (benefit) for losses and accounts and notes receivable	899	(277)	(224)
Changes in operating assets and liabilities:
Increase in accounts receivable	(18,172)	(22,649)	(18,724)
(Increase) decrease in inventories, prepaid expenses and other	(12,455)	1,527	(2,947)
Increase in accounts payable and accrued liabilities	10,010	22,267	78,929
Increase in insurance reserves	2,174	8,420	2,764
Changes in advertising fund assets and liabilities, restricted	(5,352)	2,225	5,187
Net cash provided by operating activities	394,171	341,261	292,460
Cash flows from investing activities:
Capital expenditures	(119,888)	(90,011)	(58,555)
Proceeds from sale of assets	8,367	6,835	4,936
Maturities of advertising fund investments, restricted	94,007	0	0
Purchases of advertising fund investments, restricted	(70,152)	0	0
Other	(591)	(562)	(1,661)
Net cash used in investing activities	(88,257)	(83,738)	(55,280)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	970,000	1,900,000	63,000
Repayments of long-term debt and capital lease obligations	(604,088)	(928,193)	(122,334)
Proceeds from exercise of stock options	9,832	6,099	15,234
Excess tax benefits from equity-based compensation	0	0	48,129
Purchases of common stock	(591,212)	(1,064,253)	(300,250)
Tax payments for restricted stock upon vesting	(6,962)	(9,449)	(5,646)
Payments of common stock dividends and equivalents	(92,166)	(84,298)	(73,925)
Cash paid for financing costs	(8,207)	(16,846)
Other	0	(205)	0
Net cash used in financing activities	(322,803)	(197,145)	(375,792)
Effect of exchange rate changes on cash	(538)	66	(1,279)
Change in cash and cash equivalents, restricted cash and cash equivalents	(17,427)	60,444	(139,891)
Cash and cash equivalents, beginning of period	35,768	42,815	133,449
Restricted cash and cash equivalents, beginning of period	191,762	126,496	180,940
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period	27,316	25,091	19,904
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period	254,846	194,402	334,293
Cash and cash equivalents, end of period	25,438	35,768	42,815
Restricted cash and cash equivalents, end of period	166,993	191,762	126,496
Cash and cash equivalents included in advertising fund assets, restricted, end of period	44,988	27,316	25,091
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period	$ 237,419	$ 254,846	$ 194,402

Description of Business and Summary of Significant Accounting Policies

12 Months Ended

Dec. 30, 2018

Accounting Policies [Abstract]

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(1)	Description of Business and Summary of Significant Accounting Policies

Description of Business

Domino’s Pizza, Inc. (“DPI”), a Delaware corporation, conducts its operations and derives substantially all of its operating income and cash flows through its wholly-owned subsidiary, Domino’s, Inc. (“Domino’s”) and Domino’s wholly-owned subsidiary, Domino’s Pizza LLC (“DPLLC”). DPI and its wholly-owned subsidiaries (collectively, “the Company”) are primarily engaged in the following business activities: (i) retail sales of food through Company-owned Domino’s Pizza stores; (ii) sales of food, equipment and supplies to Company-owned and franchised Domino’s Pizza stores through Company-owned supply chain centers; (iii) receipt of royalties, advertising contributions and fees from U.S. Domino’s Pizza franchisees; and (iv) receipt of royalties and fees from international Domino’s Pizza franchisees.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of DPI and its subsidiaries. All significant intercompany accounts and transactions have been eliminated.

Fiscal Year

The Company’s fiscal year ends on the Sunday closest to December 31. The 2018 fiscal year ended on December 30, 2018, the 2017 fiscal year ended on December 31, 2017 and the 2016 fiscal year ended on January 1, 2017. The 2018, 2017 and 2016 fiscal years all consisted of

fifty-two

weeks.

Cash and Cash Equivalents

Cash equivalents consist of highly liquid investments with original maturities of three months or less at the date of purchase. These investments are carried at cost, which approximates fair value.

Restricted Cash and Cash Equivalents

Restricted cash and cash equivalents at December 30, 2018 includes approximately $130.3 million of restricted cash held for future principal and interest payments, $36.5 million of restricted cash held in a three-month interest reserve as required by the related debt agreements and $0.2 million of other restricted cash. As of December 30, 2018, the Company also held $45.0 million of advertising fund restricted cash and cash equivalents, which can only be used for activities that promote the Domino’s Pizza brand.

Restricted cash and cash equivalents at December 31, 2017 includes $122.9 million of cash and cash equivalents held for future principal and interest payments, $32.1 million of cash equivalents held in a three-month interest reserve, $36.7 million of cash held as collateral for outstanding letters of credit and $0.1 million of other restricted cash. As of December 31, 2017, the Company also held $27.3 million of advertising fund restricted cash and cash equivalents, which can only be used for activities that promote the Domino’s Pizza brand.

Inventories

Inventories are valued at the lower of cost (on a

first-in,

first-out

basis) or net realizable value. Inventories at December 30, 2018 and December 31, 2017 are comprised of the following (in thousands):

	2018		2017
Food	$	42,921	$	36,645
Equipment and supplies		3,054		3,316
Inventories	$	45,975	$	39,961

Other Assets

Current and long-term other assets primarily include prepaid expenses such as insurance, rent and taxes, deposits, notes receivable, software licenses, covenants

not-to-compete

and other intangible assets primarily arising from franchise acquisitions. As of December 30, 2018 and December 31, 2017, all intangible assets with useful lives were fully amortized.

Property, Plant and Equipment

Additions to property, plant and equipment are recorded at cost. Repair and maintenance costs are expensed as incurred. Depreciation and amortization expense are provided using the straight-line method over the estimated useful lives of the related assets. Estimated useful lives, other than the estimated useful life of the capital lease assets as described below, are generally as follows (in years):


Buildings			20
Leasehold and other improvements			7 –15
Equipment			3 –15

Included in land and buildings as of December 30, 2018 are capital lease assets of approximately $22.2 million, which are related to the leases of five supply chain centers and the lease of one Company-owned store. Included in accumulated depreciation and amortization as of December 30, 2018 is $6.7 million of accumulated amortization related to these leases. Included in land and buildings as of December 31, 2017 are capital lease assets of approximately $10.5 million, which are related to the lease of one supply chain center building and the lease of one Company-owned store. Included in accumulated depreciation and amortization as of December 31, 2017 is $6.2 million of accumulated amortization related to these leases. The capital lease assets are being amortized using the straight-line method over the respective lease terms.

Depreciation and amortization expense on property, plant and equipment was approximately $35.0 million, $29.6 million and $27.3 million in 2018, 2017 and 2016, respectively.

Impairments of Long-Lived Assets

The Company evaluates the potential impairment of long-lived assets at least annually based on various analyses including the projection of undiscounted cash flows and whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. For Company-owned stores, the Company performs this evaluation on an operating market basis, which the Company has determined to be the lowest level for which identifiable cash flows are largely independent of other cash flows. If the carrying amount of a long-lived asset exceeds the amount of the expected future undiscounted cash flows of that asset, the Company estimates the fair value of the assets. If the carrying amount of the asset exceeds the estimated fair value of the asset, an impairment loss is recognized, and the asset is written down to its estimated fair value. The Company did not record any impairment losses on long-lived assets in 2018, 2017 or 2016.

Investments in Marketable Securities

Investments in marketable securities consist of investments in various mutual funds made by eligible individuals as part of the Company’s deferred compensation plan (Note 7). These investments are stated at aggregate fair value, are restricted and have been placed in a rabbi trust whereby the amounts are irrevocably set aside to fund the Company’s obligations under the deferred compensation plan. The Company classifies and accounts for these investments in marketable securities as trading securities.

Goodwill

The Company’s goodwill amounts primarily relate to franchise store acquisitions and are not amortized. The Company performs its required impairment tests in the fourth quarter of each fiscal year and did not recognize any goodwill impairment charges in 2018, 2017 and 2016.

Capitalized Software

Capitalized software is recorded at cost and includes purchased, internally-developed and externally-developed software used in the Company’s operations. Amortization expense is provided using the straight-line method over the estimated useful lives of the software, which range from one to seven years. Capitalized software amortization expense was approximately $18.7 million, $14.8 million and $10.8 million in 2018, 2017 and 2016, respectively. As of December 30, 2018, scheduled amortization for the next five fiscal years for capitalized software that has been placed in service was approximately $16.6 million, $11.5 million, $7.7 million, $4.2 million and $1.7 million for 2019, 2020, 2021, 2022 and 2023, respectively.

Debt Issuance Costs

Debt issuance costs are recorded as a reduction to the Company’s debt balance and primarily include the expenses incurred by the Company as part of the 2018, 2017 and 2015 Recapitalizations. See Note 4 for a description of the 2018, 2017 and 2015 Recapitalizations.

Amortization is recorded on a straight-line basis (which is materially consistent with the effective interest method) over the expected term of the respective debt instrument to which the costs relate and is included in interest expense.

In connection with the 2018, 2017 and 2015 Recapitalizations, the Company recorded $8.2 million, $16.8 million and $17.4 million of debt issuance costs, respectively. In connection with 2018 Recapitalization, the Company repaid the 2015 Five-Year Fixed Rate Notes and expensed approximately $3.2 million for the remaining unamortized debt issuance costs associated with these notes. The remaining debt issuance costs are being amortized into interest expense over the expected terms of the 2018, 2017 and 2015 Notes, as described

Note

The Company expensed debt issuance costs of approximately $3.4 million, $5.7 million and $0.6 million in 2018, 2017 and 2016, respectively in connection with the

write-off

of debt issuance costs resulting from the repayment of the Company’s outstanding notes, including scheduled principal payments. Debt issuance cost expense, including these

write-off

amounts, was approximately $8.0 million, $11.0 million and $6.4 million in 2018, 2017 and 2016, respectively.

Insurance Reserves

The Company has retention programs for workers’ compensation, general liability and owned and

non-owned

automobile liabilities for certain periods prior to December 1998 and for periods after December 2001. The Company is generally responsible for up to $1.0 million per occurrence under these retention programs for workers’ compensation and general liability exposures. The Company is also generally responsible for between $500,000 and $3.0 million per occurrence under these retention programs for owned and

non-owned

automobile liabilities depending on the year. Total insurance limits under these retention programs vary depending on the year covered and range up to $110.0 million per occurrence for general liability and owned and

non-owned

automobile liabilities and up to the applicable statutory limits for workers’ compensation.

Insurance reserves relating to our retention programs are based on undiscounted actuarial estimates. These estimates are based on historical information and on certain assumptions about future events. Changes in assumptions for such factors as medical costs and legal actions, as well as changes in actual experience, could cause these estimates to change in the near term. The Company receives estimates of outstanding insurance exposures from its independent actuary twice per year and differences between these estimated actuarial exposures and the Company’s recorded amounts are adjusted as appropriate.

Contract Liabilities

Contract liabilities consist of deferred franchise fees and deferred development fees.

As of December 30, 2018, $4.0 million of deferred franchise fees and deferred development fees were included in current other accrued liabilities and $15.9 million of deferred franchise fees and deferred development fees were included in long-term other accrued liabilities. As of December 31, 2017, $1.4 million of deferred development fees were included in current other accrued liabilities and $3.0 million of deferred development fees were included in long-term other accrued liabilities. On January 1, 2018, the Company recorded a contract liability of approximately $15.0 million (of which $2.4 million was current and $12.6 million was long-term) associated with deferred franchise fees received through December 31, 2017 in connection with the adoption of new revenue recognition guidance, which is discussed in the new accounting pronouncements section below.

Changes in deferred franchise fees and deferred development fees in 2018 were as follows:

	Fiscal Year Ended
(In thousands)	December 30, 2018
Deferred franchise fees and deferred development fees at beginning of period	$	19,404
Revenue recognized during the period		(5,235	)
New deferrals due to cash received and other		5,731
Deferred franchise fees and deferred development fees at end of period	$	19,900

The Company expects to recognize revenue of $4.0 million in 2019, $3.1 million in 2020, $2.8 million in 2021, $2.5 million in 2022, $2.2 million in 2023 and $5.3 million thereafter associated with the total deferred franchise fee and deferred development fee amount above.

The Company has applied the sales-based royalty exemption which permits exclusion of variable consideration in the form of sales-based royalties from the disclosure of remaining performance obligations.

Other Accrued Liabilities

Current and long-term other accrued liabilities primarily include accruals for income, sales, property and other taxes, legal reserves, store operating expenses, deferred rent expense, dividends payable and deferred compensation liabilities.

Foreign Currency Translation

The Company’s foreign entities use their local currency as the functional currency. For these entities, the Company translates net assets into U.S. dollars at year end exchange rates, while income and expense accounts are translated at average annual exchange rates. Currency translation adjustments are included in accumulated other comprehensive income (loss) and foreign currency transaction gains and losses are included in determining net income.

Revenue Recognition

U.S. Company-owned stores revenues are comprised of retail sales of food through Company-owned Domino’s Pizza stores located in the U.S. and are recognized when the items are delivered to or carried out by customers. Customer payments are generally due at the time of sale. Sales taxes related to these sales are collected from customers and remitted to the appropriate taxing authority and are not reflected in the Company’s consolidated statements of income as revenue.

U.S. franchise royalties and fees are primarily comprised of royalties and fees from Domino’s Pizza franchisees with operations in the U.S. Each franchisee is generally required to pay a 5.5% royalty fee on sales. In certain instances, the Company will collect lower rates based on area development agreements, sales initiatives and new store incentives. Royalty revenues are based on a percentage of franchise retail sales and are recognized when the items are delivered to or carried out by franchisees’ customers. U.S. franchise fee revenue primarily relates

to per-transaction technology

fees that are recognized as the related sales occur. Payments for U.S. royalties and fees are generally due within seven days of the prior week end date.

Supply chain revenues are primarily comprised of sales of food, equipment and supplies to franchised Domino’s Pizza stores located in the U.S. and Canada. Revenues from the sale of food are recognized upon delivery of the food to franchisees and payments for food purchases are generally due within 30 days of the shipping date. Revenues from the sale of equipment and supplies are recognized upon delivery or shipment of the related products to franchisees, based on shipping terms, and payments for equipment and supplies are generally due within 90 days of the shipping date. The Company also offers profit sharing rebates and volume discounts to its franchisees. Obligations for profit sharing rebates are calculated based on actual results of its supply chain centers and are recognized as a reduction to revenue. Volume discounts are based on annual sales. The Company estimates the amount that will be earned and records a reduction to revenue.

International franchise royalties and fees are primarily comprised of royalties and fees from Domino’s Pizza franchisees outside of the U.S. Royalty revenues are recognized when the items are delivered to or carried out by franchise customers. Store opening fees received from international franchisees are recognized as revenue on a straight-line basis over the term of each respective franchise store agreement, which is typically ten years. Development fees received from international master franchisees are also deferred when amounts are received and are recognized as revenue on a straight-line basis over the term of the respective master franchise agreement, which is typically ten years. International franchise royalties and fees are invoiced at least quarterly and payments are generally due within 60 days.

U.S. franchise advertising revenues are primarily comprised of contributions from Domino’s Pizza franchisees with operations in the U.S. to the Domino’s National Advertising Fund Inc. (“DNAF”), the Company’s consolidated

not-for-profit subsidiary

that administers the Domino’s Pizza system’s national and market level advertising activities in the U.S. Each franchisee is generally required to contribute 6% of their retail sales to fund national marketing and advertising campaigns (subject, in certain instances, to lower rates based on certain incentives and waivers). These revenues are recognized when items are delivered to or carried out by franchisees’ customers. Payments for U.S. franchise advertising revenues are generally due within seven days of the prior week end date. Although these revenues are restricted to be used only for advertising and promotional activities to benefit franchised stores, the Company has determined there are not performance obligations associated with the franchise advertising contributions received by DNAF that are separate from its U.S. royalty payment stream and as a result, these franchise contributions and the related expenses are presented gross in the Company’s consolidated statement of income.

Reclassification of Revenues

In the first quarter of 2018, the Company began managing its franchised stores in Alaska and Hawaii as part of its U.S. Stores segment (Note 11). Prior to 2018, the revenues from these franchised stores were included in the Company’s International Franchise segment (Note 11). International franchise royalties and fees revenues in 2017 and 2016 included $2.6 million and $2.3 million, respectively, of franchise revenues related to these stores. These amounts have not been reclassified to conform to the current year presentation due to immateriality.

Disaggregation of Revenue

Current accounting standards require that companies disaggregate revenue from contracts with customers into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. The Company has included its revenues disaggregated in its consolidated statements of income to satisfy this requirement.

Supply Chain Profit-Sharing Arrangements

The Company enters into profit-sharing arrangements with U.S. and Canadian stores that purchase all of their food from Supply Chain (Note 11). These profit-sharing arrangements generally offer Company-owned stores and participating franchisees with 50% (or a higher percentage in the case of Company-owned stores and certain franchisees who operate a larger number of stores) of their regional supply chain center’s

pre-tax

profits based upon each store’s purchases from the supply chain center. Profit-sharing obligations are recorded as a revenue reduction in Supply Chain in the same period as the related revenues and costs are recorded, and were $132.7 million, $119.7 million and $99.8 million in 2018, 2017 and 2016, respectively.

Advertising

U.S. Stores (Note 11) are generally required to contribute 6% of sales to DNAF. U.S. franchise advertising costs are accrued and expensed when the related U.S. franchise advertising revenues are recognized, as DNAF is obligated to expend such revenues on advertising. Advertising costs funded by Company-owned stores are generally expensed as incurred and are included in general and administrative expense. The contributions from Company-owned stores that have not yet been expended are included in advertising fund assets, restricted on the Company’s consolidated balance sheet. As of December 30, 2018, advertising fund assets, restricted of $112.7 million included approximately $5.5 million of cash contributed from Company-owned stores that had not yet been expended and approximately $107.2 million of other assets which consisted of $95.1 million of cash, cash equivalents and investments, $15.3 million of accounts receivable and $2.3 million of prepaid expenses.

U.S. franchise advertising costs expended by DNAF are included in U.S. franchise advertising expenses in the Company’s consolidated statement of income. Certain costs incurred by the Company on behalf of DNAF were included in general and administrative expense in years prior to 2018. Refer to the New Accounting Pronouncements section within Note 1 for the full impact of the adoption of ASC 606 on the Company’s financial statements.

Rent

The Company leases certain equipment, vehicles, retail store and supply chain center locations and its corporate headquarters under operating leases with expiration dates through 2034. Rent expenses totaled approximately $62.5 million, $57.9 million and $49.9 million during 2018, 2017 and 2016, respectively.

Common Stock Dividends

The Company declared and paid dividends of approximately $92.2 million (or $2.20 per share) in 2018, approximately $84.2 million (or $1.84 per share) in 2017 and approximately $74.0 million (or $1.52 per share) in 2016.

Stock Options and Other Equity-Based Compensation Arrangements

The cost of all of the Company’s stock options, as well as other equity-based compensation arrangements, is reflected in the financial statements based on the estimated fair value of the awards.

Earnings Per Share

The Company discloses two calculations of earnings per share (“EPS”): basic EPS and diluted EPS. The numerator in calculating common stock basic and diluted EPS is consolidated net income. The denominator in calculating common stock basic EPS is the weighted average shares outstanding. The denominator in calculating common stock diluted EPS includes the additional dilutive effect of outstanding stock options, unvested restricted stock grants and unvested performance-based restricted stock grants.

Supplemental Disclosures of Cash Flow Information

The Company paid interest of approximately $132.8 million, $107.4 million and $104.6 million during 2018, 2017 and 2016, respectively. Cash paid for income taxes was approximately $71.7 million, $122.6 million and $74.3 million in 2018, 2017 and 2016, respectively.

The Company had $3.8 million, $4.0 million and $3.8 million of

non-cash

investing activities related to accruals for capital expenditures at December 30, 2018, December 31, 2017, and January 1, 2017. The Company also had

non-cash

financing activities related to capital assets and liabilities in 2018. During 2018, the Company renewed the leases of four supply chain center buildings and extended the terms of the leases. As a result, the Company

recorded non-cash financing

activities of $12.0 million for the increase in capital lease assets and liabilities during 2018. The Company also recorded $1.9 million in

non-cash

financing activities related to a

build-to-suit

arrangement in which the Company’s landlord is constructing a new building that will be leased to the Company upon completion, which is expected to occur in 2019.

New Accounting Pronouncements

Recently Adopted Accounting Standards

Accounting

Standards Update 2014-09, Revenue from

Contracts with Customers (Topic 606)

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting

Standards Update 2014-09,

Revenue from Contracts with Customers (Topic 606)

and has since issued various amendments which provide additional clarification and implementation guidance. This standard has been codified as ASC 606. This guidance outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and superseded most revenue recognition guidance issued by the FASB, including industry specific guidance. On January 1, 2018, the Company adopted ASC 606 using the modified retrospective method.

The Company recognized the cumulative effect of initially applying ASC 606 as an adjustment to the opening balance of retained deficit. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods.

The Company has determined that the store opening fees received from international franchisees do not relate to separate and distinct performance obligations from the franchise right and those upfront fees will therefore be recognized as revenue over the term of each respective franchise store agreement, which is typically 10 years. In the past, the Company recognized such fees as revenue when the related store opened. An adjustment to beginning retained deficit and a corresponding contract liability of approximately $15.0 million (of which $2.4 million was current and $12.6 million was long-term) was established on the date of adoption associated with the fees received through December 31, 2017 that would have been deferred and recognized over the term of each respective franchise store agreement if the new guidance had been applied in the past. A deferred tax asset of $3.5 million related to this contract liability was also established on the date of adoption.

The Company has also determined that ASC 606 requires a gross presentation on the consolidated statement of income for franchisee contributions received by and related expenses of DNAF, the

Company’s consolidated not-for-profit subsidiary. DNAF

exists solely for the purpose of promoting the Domino’s Pizza brand in the U.S. Under prior accounting guidance, the Company had presented the restricted assets and liabilities of DNAF in its consolidated balance sheets and had determined that it acted as an agent for accounting purposes with regard to franchisee contributions and disbursements. As a result, the Company historically presented the activities of DNAF net in its statements of income and statements of cash flows.

Under the requirements of ASC 606, the Company determined that there are not performance obligations associated with the franchise advertising contributions received by DNAF that are separate from the Company’s U.S. royalty payment stream and as a result, these franchise contributions and the related expenses are presented gross in the Company’s consolidated statement of income and consolidated statement of cash flows. While this change materially impacted the gross amount of reported franchise revenues and expenses, the impact is generally expected to be an offsetting increase to both revenues and expenses such that the impact on income from operations and net income is not expected to be material. An adjustment to beginning retained deficit and advertising fund liabilities of approximately $6.4 million related to the timing of advertising expense recognition was recorded on the date of adoption. A deferred tax liability (which is reflected net against deferred tax assets in the consolidated balance sheet) of approximately $1.6 million related to this adjustment was also established on the date of adoption.

The cumulative effects of the changes made to the Company’s consolidated balance sheet as of January 1, 2018 for the adoption of ASC 606 were as follows (in thousands):

	Balance at December 31, 2017			Adjustments Due to ASC 606			Balance at January 1, 2018
Assets
Other assets:
Deferred income taxes	$	2,750		$	1,878		$	4,628
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		120,223			(6,425	)		113,798
Other accrued liabilities		58,578			2,365			60,943
Long-term liabilities:
Other accrued liabilities		21,751			12,639			34,390
Stockholders’ deficit:
Retained deficit		(2,739,437	)		(6,701	)		(2,746,138	)

In accordance with the new revenue standard requirements, the impact of adoption on the Company’s consolidated statement of income for 2018 and consolidated balance sheet as of December 30, 2018 was as follows (in thousands):

	Fiscal Year Ended December 30, 2018
	As Reported		Balances without the Adoption of ASC 606		Effect of Change Higher/ (Lower)
Revenues:
U.S. franchise royalties and fees	$	391,493	$	409,379	$	(17,886	)
International franchise royalties and fees		224,747		225,708		(961	)
U.S. franchise advertising		358,526		—		358,526
General and administrative		372,464		389,520		(17,056	)
U.S. franchise advertising		358,526		—		358,526
Income from operations		571,689		573,481		(1,792	)
Income before provision for income taxes		428,678		430,470		(1,792	)
Provision for income taxes		66,706		67,111		(405	)
Net income		361,972		363,359		(1,387	)

	As of December 30, 2018
	As Reported			Balances without the Adoption of ASC 606			Effect of Change Higher/ (Lower)
Assets
Other assets:
Deferred income taxes	$	5,526		$	3,243		$	2,283
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		107,150			112,744			(5,594	)
Other accrued liabilities		55,001			52,396			2,605
Long-term liabilities:
Other accrued liabilities		40,807			27,447			13,360
Stockholders’ deficit:
Retained deficit		(3,036,471	)		(3,028,383	)		(8,088	)

ASU 2016-04, Liabilities

– Extinguishment of Liabilities

(Subtopic 405-20)

In March 2016, the FASB

issued ASU 2016-04,

Liabilities – Extinguishment of Liabilities (Subtopic

405-20):

Recognition of Breakage for Certain Prepaid Stored-Value Products

(“ASU 2016-04”). ASU 2016-04 aligns recognition

of the financial liabilities related to prepaid stored value products (for example, gift cards) with ASC

606 for non-financial liabilities. In

general, these liabilities may be extinguished proportionately in earnings as redemptions occur, or when redemption is remote if issuers are not entitled to the unredeemed stored value. The Company adopted this standard effective January 1, 2018 in connection with its adoption of ASC 606. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements.

ASU 2016-18, Statement of

Cash Flows (Topic 230)

In November 2016, the FASB

issued ASU 2016-18,

Statement of Cash Flows (Topic 230): Restricted Cash

(“ASU 2016-18”), which

requires that restricted cash and cash equivalents be included as components of total cash and cash equivalents as presented on the statement of cash

flows. ASU 2016-18 is effective

for fiscal years, and interim periods within those years, beginning after December 15, 2017 and a retrospective transition method is required. The Company adopted this guidance in 2018 using the retrospective approach. The Company historically presented changes in restricted cash and cash equivalents in the investing section of its consolidated statement of cash flows. This new standard did not impact the Company’s financial results but did result in a change in the presentation of restricted cash and restricted cash equivalents within the statement of cash flows.

ASU 2018-02, Income

Statement – Reporting Comprehensive Income (Topic 220)

In February 2018, the FASB

issued ASU 2018-02,

Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

. The amendments in this updated standard allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. The Company adopted this standard in 2018 and, as a result, recorded a $0.4 million reclassification from accumulated other comprehensive loss to the beginning balance of retained deficit in 2018.

ASU 2017-04, Intangibles

– Goodwill and Other (Topic 350)

In January 2017, the FASB

issued ASU 2017-04

, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

(“ASU 2017-04”). ASU 2017-04 simplifies the

subsequent measurement of goodwill by eliminating “Step 2” from the goodwill impairment

test. ASU 2017-04 is effective

for public companies’ annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company adopted this standard in 2018 and the adoption of this standard did not have a material impact on its consolidated financial statements.

Accounting Standards Not Yet Adopted

The Company has considered all new accounting pronouncements issued by the FASB and concluded the following accounting pronouncements may have a material impact on its consolidated financial statements or represent accounting pronouncements for which the Company has not yet completed its assessment.

ASU 2016-02, Leases

(Topic 842)

In February 2016, the FASB

issued ASU 2016-02,

Leases (Topic 842)

(“ASU 2016-02”). ASU 2016-02 requires a

lessee to recognize assets and liabilities on the balance sheet for leases with lease terms greater than 12

months. ASU 2016-02 is effective

for fiscal years, and interim periods within those years, beginning after December 15, 2018, and early adoption is permitted. The Company will adopt this standard as of December 31, 2018, the first day of its 2019 fiscal year, using the modified retrospective approach. The Company will elect an optional practical expedient to retain its current classification of leases, and as a result, anticipates that the initial impact of adopting this new standard on its consolidated statement of income and consolidated statement of cash flows will not be material. The Company is still finalizing its adoption procedures, but it anticipates that the adoption of this standard will result in the recognition of additional

right-of-use

assets and lease liabilities for minimum commitments under noncancelable operating leases of approximately $230 million as of the date of adoption. The Company’s undiscounted minimum lease commitments under its operating leases are disclosed in Note 5. The Company’s accounting for finance leases under the new guidance will remain consistent with the Company’s current accounting for capital leases.

ASU 2016-13, Financial

Instruments – Credit Losses (Topic 326)

In June 2016, the FASB

issued ASU 2016-13,

Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

(“ASU 2016-13”). ASU 2016-13 requires companies

to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss

estimates. ASU 2016-13 is effective

for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently assessing the impact of adopting this standard but does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Earnings per Share

12 Months Ended

Dec. 30, 2018

Earnings Per Share [Abstract]

Earnings per Share

(2)	Earnings per Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share amounts):


	2018		2017		2016
Net income available to common stockholders – basic and diluted	$	361,972	$	277,905	$	214,678
Weighted average number of common shares		41,856,017		45,954,659		48,647,167
Earnings per common share – basic	$	8.65	$	6.05	$	4.41
Diluted weighted average number of common shares		43,331,278		47,677,834		49,923,859
Earnings per common share – diluted	$	8.35	$	5.83	$	4.30

The denominators used in calculating diluted earnings per share for common stock do not include 76,686 options to purchase common stock in 2018, 145,860 options to purchase common stock in 2017 and 121,075 options to purchase common stock in 2016, as the effect of including these options would be anti-dilutive. The denominator used in calculating diluted earnings per share for common stock does not include 28,570 shares subject to restricted stock awards in 2018, as the effect of including these shares would have been anti-dilutive. The denominators used in calculating diluted earnings per share for common stock do not include 81,545 restricted performance shares in 2018, 110,274 restricted performance shares in 2017 and 134,113 restricted performance shares in 2016 as the performance targets for these awards had not yet been met.

Fair Value Measurements

12 Months Ended

Dec. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value Measurements

(3)	Fair Value Measurements

Fair value measurements enable the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. The Company classifies and discloses assets and liabilities carried at fair value in one of the following three categories:

Level

1: Quoted market prices in active markets for identical assets or liabilities.

Level

2: Observable market-based inputs or unobservable inputs that are corroborated by market data.

Level

3: Unobservable inputs that are not corroborated by market data.

The fair values of the Company’s cash equivalents and investments in marketable securities are based on quoted prices in active markets for identical assets. The following table summarizes the carrying amounts and fair values of certain assets at December 30, 2018:


	At December 30, 2018
			Fair Value Estimated Using
	Carrying		Level 1		Level 2		Level 3
	Amount		Inputs		Inputs		Inputs
Cash equivalents	$	11,877	$	11,877	$	—	$	—
Restricted cash equivalents		112,272		112,272		—		—
Investments in marketable securities		8,718		8,718		—		—
Advertising fund cash equivalents, restricted		31,547		31,547		—		—
Advertising fund investments, restricted		50,152		50,152		—		—

The following table summarizes the carrying amounts and fair values of certain assets at December 31, 2017:


	At December 31, 2017
			Fair Value Estimated Using
	Carrying		Level 1		Level 2		Level 3
	Amount		Inputs		Inputs		Inputs
Cash equivalents	$	7,933	$	7,933	$	—	$	—
Restricted cash equivalents		96,375		96,375		—		—
Investments in marketable securities		8,119		8,119		—		—
Advertising fund cash equivalents, restricted		19,945		19,945		—		—
Advertising fund investments, restricted		74,007		74,007		—		—

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Recapitalizations and Financing Arrangements

12 Months Ended

Dec. 30, 2018

Debt Disclosure [Abstract]

Recapitalizations and Financing Arrangements

(4)	Recapitalizations and Financing Arrangements

2018 Recapitalization

On April 24, 2018, the Company completed a recapitalization (the “2018 Recapitalization”) in which certain of the Company’s subsidiaries issued new notes pursuant to an asset-backed securitization. The new notes consist of $425.0 million

Series 2018-1 4.116%

Fixed Rate Senior Secured

Notes, Class A-2-I with

an anticipated term of 7.5 years (the

“2018 7.5-Year Fixed

Rate Notes”), and $400.0 million

Series 2018-1 4.328%

Fixed Rate Senior Secured

Notes, Class A-2-II with

an anticipated term of 9.25 years (the

“2018 9.25-Year Fixed

Rate Notes” and, collectively with the

2018

7.5-Year Fixed Rate Notes, the “2018 Notes”). Gross proceeds from the issuance of the 2018 Notes were $825.0 million.

A portion of the proceeds from the 2018 Recapitalization was used to repay the remaining $490.1 million in outstanding principal and interest under the Company’s 2015 Five-Year Fixed Rate

Notes, pre-fund a

portion of the principal and interest payable on the 2018 Notes, pay transaction fees and expenses and repurchase and retire shares of the Company’s common stock. In connection with the repayment of the 2015 Five-Year Fixed Rate notes, the Company expensed approximately $3.2 million for the remaining unamortized debt issuance costs associated with these notes. Additionally, in connection with the 2018 Recapitalization, the Company capitalized $8.2 million of debt issuance costs, which are being amortized into interest expense over the expected terms of the 2018 Notes.

2017 Recapitalization

On July 24, 2017, the Company completed a recapitalization (the “2017 Recapitalization”) in which certain of the Company’s subsidiaries issued new notes pursuant to an asset-backed securitization. The new notes consist of $300.0 million Series

2017-1

Floating Rate Senior Secured Notes,

Class A-2-I

with an anticipated term of five years (the “2017 Floating Rate Notes”), $600.0 million Series

2017-1

3.082% Fixed Rate Senior Secured Notes,

Class A-2-II

with an anticipated term of five years (the “2017 Five-Year Fixed Rate Notes”), and $1.0 billion Series

2017-1

4.118% Fixed Rate Senior Secured Notes,

Class A-2-III

with an anticipated term of ten years (the “2017

Ten-Y

ear

Fixed Rate Notes” and, collectively with the 2017 Floating Rate Notes and the 2017 Five-Year Fixed Rate Notes, the “2017 Fixed and Floating Rate Notes”). The interest rate on the 2017 Floating Rate Notes is payable at a rate equal to LIBOR plus 125 basis points. Concurrently, the Company also issued a new variable funding note facility which allows for advances of up to $175.0 million of Series

2017-1

Variable Funding Senior Secured Notes,

Class A-1

(the “2017 Variable Funding Notes”) and certain other credit instruments, including letters of credit. The 2017 Fixed and Floating Rate Notes and the 2017 Variable Funding Notes are collectively referred to as the “2017 Notes.” The 2017 Variable Funding Notes were undrawn on the closing date. Gross proceeds from the issuance of the 2017 Notes were $1.9 billion.

A portion of proceeds from the 2017 Recapitalization was used to repay the remaining $910.5 million in outstanding principal and interest under the outstanding Series

2012-1

5.216% Fixed Rate Senior Secured Notes,

Class A-2

(the “2012 Fixed Rate Notes”),

pre-fund

a portion of the principal and interest payable on the 2017 Fixed and Floating Rate Notes and pay transaction fees and expenses, described in additional detail below. In connection with the issuance of the 2017 Variable Funding Notes, the Company permanently reduced to zero the commitment to fund the 2015 Variable Funding Notes and the 2015 Variable Funding Notes were cancelled. The Company also used a portion of the proceeds from the 2017 Recapitalization to enter into a $1.0 billion accelerated share repurchase agreement (the “2017 ASR Agreement”) with a counterparty. See Note 10 for additional detail related to this transaction.

2015 Recapitalization

On October 21, 2015, the Company completed a recapitalization transaction (the “2015 Recapitalization”) in which certain of the Company’s subsidiaries issued new notes pursuant to an asset-backed securitization. In connection with the 2015 Recapitalization, the Company issued $1.3 billion aggregate principal amount of fixed rate notes consisting of $500.0 million Series

2015-1

3.484% Fixed Rate Senior Secured Notes,

Class A-2-I

(the “2015 Five-Year Fixed Rate Notes”) and $800.0 million Series

2015-1

4.474% Fixed Rate Senior Secured Notes,

Class A-2-II

(the “2015

Ten-Year

Fixed Rate Notes” and, together with the 2015 Five-Year Fixed Rate Notes, the “2015 Fixed Rate Notes”). Concurrent with the 2015 Recapitalization, the Company also issued a revolving financing facility which allowed for advances of up to $125.0 million of Series

2015-1

Variable Funding Senior Secured Notes,

Class A-1

and issuances of letters of credit (the “2015 Variable Funding Notes” and together with the 2015 Fixed Rate Notes, the “2015 Notes”). The 2018 Notes, 2017 Notes and 2015 Notes are collectively referred to as the “Notes.”

2018 Notes

The 2018 Notes have remaining scheduled principal payments of $8.3 million in each of 2019 through 2024, $401.4 million in 2025, $4.0 million in 2026 and $366.0 million in 2027. During fiscal 2018, the Company made principal payments of approximately $4.1 million on the 2018 Notes.

The legal final maturity date of the 2018 Notes is July 2048, but it is anticipated that, unless earlier prepaid to the extent permitted under the related debt agreements, the 2018

7.5-Year

Fixed Rate Notes will be repaid on or prior to the anticipated repayment date occurring in October 2025, and the 2018

9.25-Year

Fixed Rate Notes will be repaid on or prior to the anticipated repayment date occurring in July 2027. If the Company has not repaid or refinanced the 2018 Notes prior to the applicable anticipated repayment dates, additional interest of at least 5% per annum will accrue, as defined in the related agreements.

2017 Notes

The 2017 Notes have remaining scheduled principal payments of $19.0 million in each of 2019 through 2021, $871.8 million in 2022, $10.0 million in each of 2023 through 2026, and $907.5 million in 2027. During fiscal 2018, the Company made principal payments of approximately $19.0 million on the 2017 Notes.

The legal final maturity date of the 2017 Notes is October 2047, but it is anticipated that, unless earlier prepaid to the extent permitted under the related debt agreements, the 2017 Floating Rate Notes and 2017 Five-Y

ear

Fixed Rate Notes will be repaid on or prior to the anticipated repayment date occurring in July 2022, and the 2017 Ten-Year Fixed Rate Notes will be repaid on or prior to the anticipated repayment date occurring in July 2027. If the Company has not repaid or refinanced the 2017 Notes prior to the applicable anticipated repayment dates, additional interest of at least 5% per annum will accrue, as defined in the related agreements.

The 2017 Variable Funding Notes allow for advances of up to $175.0 million and issuance of certain other credit instruments, including letters of credit. At the closing date of the 2017 Recapitalization, interest on the 2017 Variable Funding Notes was payable at a per year rate equal to LIBOR plus 180 basis points. On December 15, 2017, certain of the Company’s subsidiaries entered into an agreement to reduce the rate from LIBOR plus 180 basis points to LIBOR plus 150 basis points. The 2017 Variable Funding Notes were undrawn at closing. The unused portion of the 2017 Variable Funding Notes is subject to a commitment fee ranging from 50 to 100 basis points depending on utilization. It is anticipated that any amounts outstanding on the 2017 Variable Funding Notes will be repaid in full on or prior to July 2022, subject to two additional

one-year

extensions at the option of the Company, subject to certain conditions. Following the anticipated repayment date (and any extensions thereof), additional interest will accrue on the 2017 Variable Funding Notes equal to 5% per annum. As of December 30, 2018, the Company had $65.0 million of outstanding borrowings and $61.9 million of available borrowing capacity under its 2017 Variable Funding Notes, net of letters of credit issued of $48.1 million.

2015 Notes

The 2015 Five-Year Fixed Rate Notes were repaid in connection with the 2018 Recapitalization. The 2015

Ten-Year

Fixed Rate Notes have remaining scheduled principal payments of $8.0 million in 2019 through 2024 and $732.0 million in 2025. During fiscal 2018, the Company made principal payments of approximately $492.5 million on the 2015 Five-Year Fixed Rate Notes and $8.0 million on the 2015

Ten-Year

Fixed Rate Notes.

The legal final maturity date of the 2015

Ten-Year

Fixed Rate Notes is in October 2045, but it is anticipated that, unless earlier prepaid to the extent permitted under the related debt agreements, the 2015

Ten-Year

Fixed Rate Notes will be repaid on or prior to the anticipated repayment date occurring in October 2025. If the Company has not repaid or refinanced the 2015

Ten-Year

Fixed Rate Notes prior to the applicable anticipated repayment date, additional interest will accrue of at least 5% per annum, as defined in the related agreements.

Debt Issuance Costs and Transaction-Related Expenses

During 2018 and in connection with the 2018 Recapitalization, the Company incurred approximately $3.8 million of net

pre-tax

expenses, primarily related to $3.2 million in expense related to the

write-off

of debt issuance costs associated with the repayment of the 2015 Five-Year Fixed Rate Notes. The Company also incurred approximately $0.1 million of interest expense on the 2015 Five-Year Fixed Rate Notes subsequent to the closing of the 2018 Recapitalization but prior to the repayment of the 2015 Five-Year Fixed Rate Notes, resulting in the payment of interest on both the full amount of the 2015 Five-Year Fixed Rate Notes and 2018 Notes for a short period of time. Further, the Company incurred $0.5 million of other net 2018 Recapitalization-related general and administrative expenses, including legal and professional fees. In connection with the 2018 Recapitalization, the Company recorded $8.2 million of debt issuance costs, which are being amortized into interest expense over the 7.5 and

9.25-year

expected terms of the 2018 Notes.

During 2017 and in connection with the 2017 Recapitalization, the Company incurred approximately $6.4 million of net

pre-tax

expenses, primarily related to $5.5 million in expense related to the

write-off

of debt issuance costs associated with the repayment of the 2012 Fixed Rate Notes. The Company also incurred approximately $0.3 million of interest expense on the 2012 Fixed Rate Notes subsequent to the closing of the 2017 Recapitalization but prior to the repayment of the 2012 Fixed Rate Notes, resulting in the payment of interest on both the full amount of the 2012 and 2017 Notes for a short period of time. Further, the Company incurred $0.6 million of other net 2017 Recapitalization-related general and administrative expenses, including legal and professional fees. In connection with the 2017 Recapitalization, the Company recorded $16.8 million of debt issuance costs, which are being amortized into interest expense over the five and

ten-year

expected terms of the 2017 Notes.

During fiscal 2015 and in connection with the 2015 Recapitalization, the Company incurred approximately $8.1 million of net

pre-tax

expenses, primarily related to $6.9 million in expense related to the

write-off of

debt issuance costs associated with the partial repayment of the 2012 Fixed Rate Notes. The Company also incurred approximately $0.4 million of interest expense on the 2012 Fixed Rate Notes subsequent to the closing of the 2015 Recapitalization but prior to the repayment of the 2012 Fixed Rate Notes, resulting in the payment of interest on both the full amount of the 2012 and 2015 Fixed Rate Notes for a short period of time. Further, the Company incurred $0.9 million of other net 2015 Recapitalization-related general and administrative expenses, including legal and professional fees. In connection with the 2015 Recapitalization, the Company recorded $17.4 million of debt issuance costs.

Guarantees and Covenants of the Notes

The Notes are guaranteed by certain subsidiaries of DPLLC and secured by a security interest in substantially all of the assets of the Company, including royalty and certain other income from all U.S. and international stores, U.S. supply chain income and intellectual property. The restrictions placed on the Company’s subsidiaries require that the Company’s principal and interest obligations have first priority and amounts are segregated weekly to ensure appropriate funds are reserved to pay the quarterly principal and interest amounts due. The amount of weekly cash flow that exceeds the required weekly interest reserve is generally remitted to the Company in the form of a dividend. However, once the required obligations are satisfied, there are no further restrictions, including payment of dividends, on the cash flows of the subsidiaries.

The Notes are subject to certain financial and

non-financial

covenants, including a debt service coverage ratio calculation, as defined in the related agreements. The covenants, among other things, may limit the ability of certain of the Company’s subsidiaries to declare dividends, make loans or advances or enter into transactions with affiliates. In the event that certain covenants are not met, the Notes may become partially or fully due and payable on an accelerated schedule. In addition, the Company may voluntarily prepay, in part or in full, the Notes at any time, subject to certain make-whole interest obligations.

While the Notes are outstanding, scheduled payments of principal and interest are required to be made on a quarterly basis. The payment of principal of the 2018 Notes, the 2017 Fixed and Floating Rate Notes and the 2015 Fixed Rate Notes shall be suspended if the leverage ratio for the Company is less than or equal to 5.0x total debt, as defined, to adjusted EBITDA, as defined. Scheduled principal payments will resume upon failure to satisfy the aforementioned leverage ratio on an ongoing basis and no

catch-up

provisions are applicable.

Prior to the 2017 Recapitalization and the repayment of the remaining principal and interest under the 2012 Fixed Rate Notes, the payment of principal of the 2012 Fixed Rate Notes and 2015 Fixed Rate Notes was to be suspended if the leverage ratios for the Company were less than or equal to 4.5x total debt to adjusted EBITDA, as defined, and there were no scheduled principal

catch-up

amounts outstanding; provided, that during any such suspension, principal payments would continue to accrue and were subject to

catch-up

upon failure to satisfy the aforementioned leverage ratios on an ongoing basis.

During the first quarter of 2017, the Company met the maximum leverage ratios under the Company’s then outstanding 2012 Fixed Rate Notes and 2015 Notes of less than 4.5x, and, in accordance with the Company’s debt agreements, ceased debt amortization payments beginning in the second quarter of 2017. The Company continued to meet the maximum leverage ratios of less than 4.5x in the third quarter prior to the 2017 Recapitalization and accordingly, did not make previously scheduled debt amortization payments in accordance with the debt agreements. Subsequent to the 2017 Recapitalization, the Company’s leverage ratios exceeded the new maximum leverage ratio of 5.0x and, accordingly, the Company began making the scheduled amortization payments on the Notes.

Consolidated Long-Term Debt

At December 30, 2018 and December 31, 2017, consolidated long-term debt consisted of the following (in thousands):

	2018			2017
3.484% Class A-2-I Notes; repaid in connection with the 2018 Recapitalization	$	—		$	492,500
4.474% Class A-2-II Notes; expected repayment date October 2025; legal final maturity October 2045		780,000			788,000
3.082% Class A-2-II Notes; expected repayment date July 2022; legal final maturity July 2047		592,500			598,500
4.118% Class A-2-III Notes; expected repayment date July 2027; legal final maturity July 2047		987,500			997,500
Floating Rate Class A-2-I Notes; expected repayment date July 2022; legal final maturity July 2047		296,250			299,250
4.116% Class A-2-I Notes; expected repayment date October 2025; legal final maturity July 2048		422,875			—
4.328% Class A-2-II Notes; expected repayment date July 2027; legal final maturity July 2048		398,000			—
2017 Variable Funding Notes		65,000			—
Capital lease obligations		17,006			5,437
Debt issuance costs, net of accumulated amortization of $8.2 million in 2018 and $6.8 million in 2017		(27,547	)		(27,373	)
Total debt		3,531,584			3,153,814
Less – current portion		35,893			32,324
Consolidated long-term debt, net of debt issuance costs	$	3,495,691		$	3,121,490

At December 30, 2018, maturities of long-term debt and capital lease obligations are as follows (in thousands):

2019	$	35,893
2020		35,956
2021		36,026
2022		953,856
2023		27,195
Thereafter		2,470,205
	$	3,559,131

Fair Value Disclosures

Management estimated the approximate fair values of the 2018 Notes, 2017 Fixed and Floating Rate Notes and 2015 Notes as follows (in thousands):


	December 30, 2018				December 31, 2017
	Principal Amount		Fair Value		Principal Amount		Fair Value
2015 Five-Year Fixed Rate Notes	$	—	$	—	$	492,500	$	494,470
2015 Ten-Year Fixed Rate Notes		780,000		783,120		788,000		821,884
2017 Five-Year Fixed Rate Notes		592,500		575,910		598,500		592,515
2017 Ten-Year Fixed Rate Notes		987,500		956,888		997,500		1,023,435
2017 Five-Year Floating Rate Notes		296,250		295,065		299,250		300,746
2018 7.5-Year Fixed Rate Notes		422,875		416,955		—		—
2018 9.25-Year Fixed Rate Notes		398,000		396,010		—		—

At December 30, 2018, the Company had $65.0 million outstanding under its 2017 Variable Funding Notes, which is a variable rate loan. The fair value of this loan approximates book value based on the borrowing rates currently available for variable rate loans obtained from third party lending institutions. This fair value represents a Level 2 measurement (Note 3). The

Company

did

not have any borrowings outstanding under its 2017 Variable Funding Notes at December 31, 2017.

The 2018 Notes, 2017 Fixed and Floating Rate Notes and 2015 Notes are classified as a Level 2 measurement (Note 3), as the Company estimated the fair value amount by using available market information. The Company obtained broker quotes from two separate brokerage firms that are knowledgeable about the Company’s Notes and, at times, trade these notes. Further, the Company performs its own internal analysis based on the information it gathers from public markets, including information on notes that are similar to that of the Company. However, considerable judgment is required in interpreting market data to develop estimates of fair value.

Accordingly, the fair value estimates presented herein are not necessarily indicative of the amount that the Company or the debtholders could realize in a current market exchange. The use of different assumptions and/or estimation methodologies may have a material effect on the estimated fair values calculated above.

Commitments and Contingencies

12 Months Ended

Dec. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

(5)	Commitments and Contingencies

Lease Commitments

As of December 30, 2018, the future minimum rental commitments for all

non-cancelable

leases are as follows (in thousands):


	Operating		Capital
	Leases		Leases			Total
2019	$	40,752	$	2,396		$	43,148
2020		37,519		2,415			39,934
2021		34,538		2,433			36,971
2022		30,763		2,451			33,214
2023		27,388		2,474			29,862
Thereafter		100,310		23,781			124,091
Total future minimum rental commitments	$	271,270		35,950		$	307,220
Less – amounts representing interest				(18,944	)
Total principal payable on capital leases			$	17,006

Future minimum rental commitments for

non-cancelable

leases do not include

non-lease

components for common area maintenance, real estate taxes or insurance for the Company’s real estate leases or the variable rate per mile driven and fixed maintenance charges for the Company’s supply chain center tractors and trailers.

As of December 30, 2018, the Company has additional operating leases for supply chain center tractors and trailers and a

build-to-suit

arrangement for a new building constructed by the Company’s landlord that had not yet commenced with estimated future minimum rental commitments of approximately $39.1 million. The Company has also entered into an additional finance lease for a supply chain center that had not yet commenced with estimated future minimum rental commitments of approximately $28.7 million. These leases are expected to commence in 2019 with lease terms of up to 15 years. These amounts are not included in the table above.

Legal Proceedings and Related Matters

The Company is a party to lawsuits, revenue agent reviews by taxing authorities and legal proceedings, of which the majority involve workers’ compensation, employment practices liability, general liability and automobile and franchisee claims arising in the ordinary course of business. The Company records legal fees associated with loss contingencies when they are probable and reasonably estimable.

Litigation is subject to many uncertainties, and the outcome of individual litigated matters is not predictable with assurance. These matters referenced above could be decided unfavorably to us and could require us to pay damages or make other expenditures in amounts or a range of amounts that cannot be estimated with accuracy. In management’s opinion, these matters, individually and in the aggregate, should not have a significant adverse effect on the financial condition of the Company, and the established accruals adequately provide for the estimated resolution of such claims.

On February 14, 2011, Domino’s Pizza LLC was named as a defendant in a lawsuit along with Fischler Enterprises of C.F., Inc., a franchisee, and Jeffrey S. Kidd, the franchisee’s delivery driver, filed by Yvonne Wiederhold, the plaintiff, as Personal Representative of the Estate of Richard E. Wiederhold, deceased. The case involved a traffic accident in which the franchisee’s delivery driver is alleged to have caused an accident involving a vehicle driven by Richard Wiederhold. Mr. Wiederhold sustained spinal injuries resulting in quadriplegia and passed away several months after the accident. The jury returned a $10.1 million judgment for the plaintiff where the Company and Mr. Kidd were found to be 90% liable (after certain offsets and other deductions the final verdict was $8.9 million). In the second quarter of 2016, the trial court ruled on all post-judgment motions and entered the judgment. The Company denies liability and in the third quarter of 2016 filed an appeal of the verdict on a variety of grounds. On May 11, 2018, the court of appeals reversed and remanded the case to the trial court for a new trial based on the plaintiff’s improper closing argument. The Company continues to deny liability in this matter.

Income Taxes

12 Months Ended

Dec. 30, 2018

Income Tax Disclosure [Abstract]

Income Taxes

(6)	Income Taxes

Income before provision for income taxes in 2018, 2017 and 2016 consists of the following (in thousands):

	2018		2017		2016
U.S.	$	414,804	$	386,989	$	334,892
Foreign		13,874		13,164		9,766
	$	428,678	$	400,153	$	344,658

The differences between the U.S. Federal statutory income tax provision (using the statutory rate of 21% in 2018 and the statutory rate of 35% in 2017 and 2016) and the Company’s consolidated provision for income taxes for 2018, 2017 and 2016 are summarized as follows (in thousands):


	2018			2017			2016
Federal income tax provision based on the statutory rate	$	90,022		$	140,054		$	120,630
State and local income taxes, net of related Federal income taxes		14,233			11,520			9,787
Non-resident withholding and foreign income taxes		21,369			20,210			17,275
Foreign tax and other tax credits		(25,301	)		(23,324	)		(20,049	)
Foreign derived intangible income		(11,760	)		—			—
Excess tax benefits from equity-based compensation		(23,786	)		(27,227	)		—
Non-deductible expenses, net		1,999			1,794			1,579
Unrecognized tax provision (benefit), net of related Federal income taxes		301			(173	)		(98	)
Other		(371	)		(606	)		856
	$	66,706		$	122,248		$	129,980

The Company adopted ASU

2016-09,

Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting

(“ASU

2016-09”)

2016-09

resulted in a decrease in the Company’s provision for income taxes of $23.8 million in 2018 and $27.2 million in 2017, primarily due to the recognition of excess tax benefits for options exercised and the vesting of equity awards.

The components of the 2018, 2017 and 2016 consolidated provision for income taxes are as follows (in thousands):

	2018			2017			2016
Provision for Federal income taxes
Current provision	$	33,558		$	81,747		$	100,673
Deferred provision (benefit)		(1,543	)		6,732			(3,096	)
Total provision for Federal income taxes		32,015			88,479			97,577
Provision for state and local income taxes
Current provision		12,651			14,131			15,091
Deferred provision (benefit)		671			(572	)		37
Total provision for state and local income taxes		13,322			13,559			15,128
Provision for non-resident withholding and foreign income taxes		21,369			20,210			17,275
	$	66,706		$	122,248		$	129,980

As of December 30, 2018 and December 31, 2017, the significant components of net deferred income taxes are as follows (in thousands):

	2018		2017
Deferred income tax assets
Insurance reserves	$	10,253	$	9,957
Equity compensation		9,705		9,277
Other accruals and reserves		10,636		8,532
Foreign tax credit		4,600		—
Other		6,029		4,801
Total deferred income tax assets		41,223		32,567
Deferred income tax liabilities
Depreciation, amortization and asset basis differences		10,505		4,655
Capitalized software		25,192		22,248
Gain on debt extinguishments		—		2,914
Total deferred income tax liabilities		35,697		29,817
Net deferred income taxes	$	5,526	$	2,750

As of December 30, 2018, the Company had unused foreign tax credits of $4.6 million which can be carried back for one year to be fully utilized against its U.S. federal income tax liability.

Realization of the Company’s deferred tax assets is dependent upon many factors, including, but not limited to, the Company’s ability to generate sufficient taxable income. Although realization of the Company’s net deferred tax assets is not assured, management believes it is more likely than not that the net deferred tax assets will be realized. On an ongoing basis, management will assess whether it remains more likely than not that the net deferred tax assets will be realized.

For financial reporting purposes, the Company’s investment in foreign subsidiaries does not exceed its tax basis. Therefore, no deferred income taxes have been provided.

The Company recognizes the financial statement benefit of a tax position if it is more likely than not that the position is sustainable, based solely on its technical merits and consideration of the relevant taxing authority’s widely understood administrative practices and precedents. For tax positions meeting the “more likely than not” threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Company recognizes accrued interest related to unrecognized tax benefits in interest expense and penalties in income tax expense.

At December 30, 2018, the amount of unrecognized tax benefits was $2.0 million of which, if ultimately recognized, $1.8 million would be recognized as an income tax benefit and reduce the Company’s effective tax rate. At December 30, 2018, the Company had less than $0.1 million of accrued interest and no accrued penalties.

At December 31, 2017, the amount of unrecognized tax benefits was $1.8 million of which, if ultimately recognized, $1.5 million would be recognized as an income tax benefit and reduce the Company’s effective tax rate. At December 31, 2017, the Company had less than $0.1 million of accrued interest and no accrued penalties.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):


Balance as of January 3, 2016	$	2,115
Additions for tax positions of current year		209
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(33	)
Lapses of applicable statute of limitations		(337	)
Balance as of January 1, 2017		1,954
Additions for tax positions of current year		224
Additions for tax positions of prior years		42
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(10	)
Lapses of applicable statute of limitations		(373	)
Balance as of December 31, 2017		1,837
Additions for tax positions of current year		425
Additions for tax positions of prior years		115
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(64	)
Lapses of applicable statute of limitations		(349	)
Balance as of December 30, 2018	$	1,964

The Company is currently under examination by the IRS for the 2015 tax year. The Company continues to be under examination by certain states. The Company’s Federal statute of limitation has expired for years prior to 2015 and the relevant state and foreign statutes vary. The Company expects the current ongoing examinations to be concluded in the next twelve months and does not expect the assessment of any significant additional amounts in excess of amounts reserved.

Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (the “2017 Tax Act”), which was enacted on December 22, 2017, had a significant impact on the Company’s consolidated provision for income taxes for the year ended December 30, 2018. The most significant impacts include but are not limited to reducing the U.S. corporate income tax rate from 35 percent to 21 percent, establishing a deduction for foreign derived intangible income and imposing new limitations on certain executive compensation and foreign tax credits.

The Company recognized the enactment-date income tax effects of the 2017 Tax Act in its 2017 financial statements in accordance with Staff Accounting Bulletin No. 118, which provides SEC staff guidance for the application of ASC Topic 740,

Income Taxes

, in the reporting period in which the 2017 Tax Act was signed into law.

As of December 30, 2018, the

Company

has completed its accounting

for

all enactment-date

tax

effects of the 2017 Tax Act

and current period adjustments related to these items were immaterial.

Employee Benefits

12 Months Ended

Dec. 30, 2018

Retirement Benefits [Abstract]

Employee Benefits

(7)	Employee Benefits

The Company has a retirement savings plan which qualifies under Internal Revenue Code Section 401(k). All employees of the Company who have completed 1,000 hours of service and are at least 18 years of age are eligible to participate in the plan. During 2018, 2017 and 2016, the plan required the Company to match 100% of the first 3% of each employee’s elective deferrals and 50% of the next 2% of each employee’s elective deferrals. Effective January 1, 2019, the plan will require the Company to match 100% of the first 5% of each employee’s elective deferrals. During 2018, 2017 and 2016, the Company’s matching contributions were made in the form of cash and vested immediately. The expenses incurred for Company contributions to the plan were approximately $7.3 million, $6.1 million and $5.2 million in 2018, 2017 and 2016, respectively.

The Company has established a

non-qualified

deferred compensation plan available for certain key employees. Under this self-funding plan, the participants may defer up to 40% of their base salary and up to 80% of their bonus compensation. The participants direct the investment of their deferred compensation within several investment funds. The Company is not required to contribute and did not contribute to this plan during 2018, 2017 or 2016.

The Company has an employee stock payroll deduction plan (the “ESPDP”). Under the ESPDP, eligible employees may deduct up to 15% of their eligible wages to purchase common stock at 85% of the market price of the stock at the purchase date. The ESPDP requires employees to hold their purchased common stock for at least one year. The Company purchases common stock on the open market for the ESPDP at the current market price. There were 19,494 shares, 21,744 shares and 23,317 shares of common stock in 2018, 2017 and 2016, respectively, purchased on the open market for participating employees at a weighted-average price of $249.57 in 2018, $188.57 in 2017 and $131.74 in 2016. The expenses incurred under the ESPDP were approximately $0.7 million, $0.7 million and $0.5 million in 2018, 2017 and 2016, respectively.

Financial Instruments with Off-Balance Sheet Risk

12 Months Ended

Dec. 30, 2018

Investments, All Other Investments [Abstract]

Financial Instruments with Off-Balance Sheet Risk

(8)	Financial Instruments with Off-Balance Sheet Risk

The Company is a party to

stand-by

letters of credit. The Company’s exposure to credit loss for

stand-by

letters of credit is represented by the contractual amounts of these instruments. The Company uses the same credit policies in making conditional obligations as it does for

on-balance

sheet instruments. Total conditional commitments under letters of credit as of December 30, 2018 and December 31, 2017 are $48.1 million and $46.7 million, respectively, and relate to the Company’s insurance programs and supply chain center leases. The Company has also guaranteed lease payments related to certain franchisees’ lease arrangements. The maximum amount of potential future payments under these guarantees was $2.4 million and $1.5 million as of December 30, 2018 and December 31, 2017, respectively.

Equity Incentive Plans

12 Months Ended

Dec. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Equity Incentive Plans

(9)	Equity Incentive Plans

The cost of all employee stock options, as well as other equity-based compensation arrangements, is reflected in the consolidated statements of income based on the estimated fair value of the awards and is amortized over the requisite service period of each award.

The Company’s current equity incentive plan benefits certain of the Company’s employees and directors and is named the Domino’s Pizza, Inc. 2004 Equity Incentive Plan (the “2004 Equity Incentive Plan”). As of December 30, 2018, the maximum number of shares that may be granted under the 2004 Equity Incentive Plan is 15,600,000 shares of voting common stock of which 2,708,278 shares were authorized for grant but have not been granted.

The Company recorded total

non-cash

compensation expense of $22.8 million, $20.7 million and $18.6 million in 2018, 2017 and 2016, respectively. All

non-cash

compensation expense amounts are recorded in general and administrative expense. The Company recorded a deferred tax benefit related to

non-cash

compensation expense of approximately $4.0 million in 2018 and $5.2 million in 2017.

The Company adopted ASU

2016-09

during 2017, which is intended to simplify several areas of accounting for share-based compensation arrangements. As a result, excess tax benefits or deficiencies from equity-based compensation activity are now reflected in the Company’s consolidated statements of income as a component of the provision for income taxes, whereas they previously were recognized in the consolidated statement of stockholders’ deficit. The Company also elected to account for forfeitures as they occur, rather than to use an estimate of expected forfeitures for financial statement reporting purposes. The Company’s election to account for forfeitures as they occur had an immaterial impact on its equity-based compensation expense.

Stock Options

As of December 30, 2018, the number of stock options granted and outstanding under the 2004 Equity Incentive Plan was 1,909,399 options. Stock options granted in fiscal 2009 through fiscal 2012 were granted with an exercise price equal to the market price at the date of the grant, expire ten years from the date of grant and generally vest over three years from the date of grant. Stock options granted in fiscal 2013 through fiscal 2018 were granted with an exercise price equal to the market price at the date of the grant, expire ten years from the date of grant and generally vest over four years from the date of grant. Additionally, all stock options granted become fully exercisable upon vesting. These awards also contain provisions for accelerated vesting upon the retirement of holders that have achieved specific service and age requirements.

Stock option activity related to the 2004 Equity Incentive Plan is summarized as follows:

	Common Stock Options
	Outstanding			Weighted Average Exercise Price		Weighted Average Remaining Life		Aggregate Intrinsic Value
						(Years)		(In thousands)
Stock options at January 3, 2016		3,323,476		$	28.57
Stock options granted		233,280			129.42
Stock options cancelled		(12,798	)		104.23
Stock options exercised		(1,045,648	)		14.38
Stock options at January 1, 2017		2,498,310		$	43.54
Stock options granted		126,720			201.19
Stock options cancelled		(28,991	)		101.97
Stock options exercised		(357,925	)		17.05
Stock options at December 31, 2017		2,238,114		$	55.94
Stock options granted		96,580			266.11
Stock options cancelled		(11,193	)		174.63
Stock options exercised		(414,102	)		23.74
Stock options at December 30, 2018		1,909,399		$	72.86		4.5	$	340,555
Exercisable at December 30, 2018		1,698,583		$	56.40		4.0	$	328,788

The total intrinsic value of stock options exercised was approximately $91.2 million, $62.0 million and $128.0 million in 2018, 2017 and 2016, respectively. Cash received from the exercise of stock options was approximately $9.8 million, $6.1 million and $15.2 million in 2018, 2017 and 2016, respectively. The tax benefit realized from stock options exercised was approximately $22.0 million, $23.0 million and $46.1 million in 2018, 2017 and 2016, respectively.

The Company recorded total

non-cash

compensation expense of $6.3 million, $6.8 million and $4.9 million in 2018, 2017 and 2016, respectively, related to stock option awards. As of December 30, 2018, there was $7.8 million of total unrecognized compensation cost related to unvested stock options granted under the 2004 Equity Incentive Plan which generally will be recognized on a straight-line basis over the related vesting period. This unrecognized compensation cost is expected to be recognized over a weighted average period of 2.8 years.

Management estimated the fair value of each option grant made during 2018, 2017 and 2016 as of the date of the grant using the Black-Scholes option pricing method. Weighted average assumptions are presented in the following table. The risk-free interest rate is based on the estimated effective life and is estimated based on U.S. Treasury Bond rates as of the grant date. The expected life is based on several factors, including, among other things, the vesting term and contractual term as well as historical experience. The expected volatility is based principally on the historical volatility of the Company’s share price.


	2018			2017			2016
Risk-free interest rate		2.7	%		2.0	%		1.3	%
Expected life (years)		5.5			5.5			5.5
Expected volatility		24.2	%		25.8	%		26.0	%
Expected dividend yield		0.8	%		0.9	%		1.2	%
Weighted average fair value per stock option	$	67.65		$	49.57		$	29.59

Option valuation models require the input of highly subjective assumptions. In management’s opinion, existing models do not necessarily provide a reliable single measure of the fair value of the Company’s stock options, as changes in subjective input assumptions can significantly affect the fair value estimate.

Other Equity-Based Compensation Arrangements

The Company granted 3,790 shares, 4,410 shares and 6,920 shares of restricted stock in 2018, 2017 and 2016, respectively, to members of its Board of Directors. These grants generally vest one year from the date of the grant and have a fair value equal to the market price of the Company’s stock on the grant date. These awards also contain provisions for accelerated vesting upon the retirement of holders that have achieved specific service and age requirements. The Company recorded total

non-cash

compensation expense of $0.8 million, $0.8 million and $0.9 million in 2018, 2017 and 2016, respectively, related to these restricted stock awards. As of December 30, 2018, there was less than $0.1 million of total unrecognized compensation cost related to these restricted stock grants.

In 2018, the Company granted 28,570 shares of restricted stock to two executives of the Company. These grants will vest four years from the date of the grant and have a fair value equal to the market price of the Company’s stock on the grant date. These awards also contain provisions for accelerated vesting upon the retirement of holders that have achieved specific service and age requirements. The Company recorded total

non-cash

compensation expense of $1.1 million in 2018 related to these restricted stock awards. As of December 30, 2018, there was $7.0 million of total unrecognized compensation cost related to these restricted stock grants.

The Company granted 59,070 shares, 67,840 shares and 90,730 shares of performance-based restricted stock in 2018, 2017 and 2016, respectively, to certain employees of the Company. These performance-based restricted stock awards are separated into four tranches and have time-based and performance-based vesting conditions with the last tranche vesting four years from the issuance date. These awards also contain provisions for accelerated vesting upon the retirement of holders that have achieved specific service and age requirements. These awards are considered granted for accounting purposes when the performance target is set, which is generally in the fourth quarter of each year. The Company recorded total

non-cash

compensation expense of $14.6 million, $13.1 million and $12.8 million in 2018, 2017 and 2016, respectively, related to these awards. As of December 30, 2018, there was an estimated $27.2 million of total unrecognized compensation cost related to performance-based restricted stock.

Restricted stock and performance-based restricted stock activity related to the 2004 Equity Incentive Plan is summarized as follows:

	Shares			Weighted Average Grant Date Fair Value
Nonvested at January 3, 2016		316,332		$	75.74
Shares granted (1)		97,650			131.75
Shares cancelled		(13,970	)		88.34
Shares vested		(123,792	)		70.39
Nonvested at January 1, 2017		276,220		$	97.48
Shares granted (1)		72,250			205.21
Shares cancelled		(16,109	)		115.71
Shares vested		(137,757	)		80.55
Nonvested at December 31, 2017		194,604		$	147.94
Shares granted (1)		91,430			271.33
Shares cancelled		(12,692	)		178.06
Shares vested		(82,963	)		128.57
Nonvested at December 30, 2018		190,379		$	213.57

(1)

The weighted average grant date fair value for performance-based restricted shares granted was calculated based on the market price on the grant dates. Certain tranches will ultimately be valued when the performance condition is established for each tranche, which generally occurs in the fourth quarter of each fiscal year.

Capital Structure

12 Months Ended

Dec. 30, 2018

Text Block [Abstract]

Capital Structure

(10)	Capital Structure

The Company has a Board of Directors-approved open market share repurchase program of the Company’s common stock, which was reset during the first quarter of 2018 to $750.0 million. The open market share repurchase program has historically been funded by excess

operating cash flows, excess proceeds from the Company’s recapitalization transactions and borrowings under the Company’s variable funding notes

On August 2, 2017, the Company entered into the $1.0 billion 2017 ASR Agreement with a counterparty. Pursuant to the terms of the 2017 ASR Agreement, on August 3, 2017, as part of its Board of Directors-approved share repurchase program, the Company used a portion of the proceeds from the 2017 Recapitalization to pay the counterparty $1.0 billion in cash to repurchase shares of the Company’s common stock. Final settlement of the 2017 ASR Agreement occurred on October 11, 2017. In connection with the 2017 ASR Agreement, the Company received and retired a total of 5,218,670 shares of its common stock at an average price of $191.62.

During 2018, 2017 and 2016, the Company repurchased 2,387,430 shares, 5,576,249 shares and 2,816,716 shares (including the 456,936 shares of its common stock received in the first quarter of 2016 in connection with the settlement of the Company’s $600.0 million accelerated share repurchase agreement with a counterparty entered into on October 27, 2015) for approximately $591.2 million, $1.06 billion and $300.3 million, respectively. At December 30, 2018, the Company had $158.8 million remaining under its $750.0 million authorization. The Company’s policy is to recognize the difference between the purchase price and par value of the common stock in additional

paid-in

capital. In instances where there is no additional

paid-in

capital, the difference is recognized in retained deficit. From December 31, 2018 through February 14, 2019, the Company repurchased and retired an additional 33,549 shares of common stock for a total of approximately $8.1 million, or an average price of $242.74 per share.

As of December 30, 2018, authorized common stock consists of 160,000,000 voting shares and 10,000,000

non-voting

shares. The share components of outstanding common stock at December 30, 2018 and December 31, 2017 are as follows:


	2018		2017
Voting		40,974,200		42,881,905
Non-Voting		3,361		16,424
Total Common Stock		40,977,561		42,898,329

Segment Information

12 Months Ended

Dec. 30, 2018

Segment Reporting [Abstract]

Segment Information

(11)	Segment Information

The Company has three reportable segments: (i) U.S. Stores; (ii) Supply Chain; and (iii) International Franchise.

The Company’s operations are organized by management on the combined basis of line of business and geography. The U.S. Stores segment includes operations with respect to all franchised and Company-owned stores throughout the U.S. The Supply Chain segment primarily includes the distribution of food, equipment and supplies to stores from the Company’s supply chain center operations in the U.S. and Canada. The International Franchise segment primarily includes operations related to the Company’s franchising business in foreign markets.

The accounting policies of the reportable segments are the same as those described in Note 1. The Company evaluates the performance of its segments and allocates resources to them based on earnings before interest, taxes, depreciation, amortization and other, referred to as Segment Income.

The tables below summarize the financial information concerning the Company’s reportable segments for fiscal 2018, 2017 and 2016. Intersegment Revenues are comprised of sales of food, equipment and supplies from the Supply Chain segment to the Company-owned stores in the U.S. Stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income and income from operations information below primarily includes corporate administrative costs. The “Other” column as it relates to capital expenditures primarily includes capitalized software, certain equipment and leasehold improvements. Tabular amounts presented below are in thousands.


	U.S. Stores (1)		Supply Chain		International Franchise (2)		Intersegment Revenues			Other			Total
Revenues-
2018	$	1,264,823	$	2,087,408	$	224,747	$	(144,111	)		—		$	3,432,867
2017		842,233		1,874,943		206,708		(135,905	)		—			2,787,979
2016		751,284		1,669,000		176,999		(124,655	)		—			2,472,628
Segment Income-
2018	$	335,989	$	176,714	$	174,700		N/A		$	(43,462	)	$	643,941
2017		306,406		163,077		161,263		N/A			(46,958	)		583,788
2016		271,794		144,130		138,487		N/A			(42,802	)		511,609
Income from Operations-
2018	$	329,044	$	162,392	$	174,503		N/A		$	(94,250	)	$	571,689
2017		298,852		151,622		161,066		N/A			(90,308	)		521,232
2016		261,826		133,745		138,306		N/A			(79,835	)		454,042
Capital Expenditures-
2018	$	15,717	$	61,652	$	134		N/A		$	42,171		$	119,674
2017		20,579		34,123		28		N/A			35,527			90,257
2016		18,225		11,527		642		N/A			31,143			61,537


(1)		The adoption of ASC 606 in 2018 resulted in the recognition of $358.5 million in revenue in 2018 related to U.S. franchise contributions to DNAF. In prior years, under accounting standards in effect at that time, the Company had presented these contributions net with the related disbursements in its consolidated statement of income. Refer to Note 1 to the consolidated financial statements for additional information related to the adoption of this new accounting standard.
(2)		In 2018, the Company began managing its franchised stores in Alaska and Hawaii as part of its U.S. Stores segment. Prior to 2018, store counts, retail sales and royalty revenues from these franchised stores were included in the Company’s international operations in the table above. Consolidated results of the Company have not been impacted by this change and prior year amounts have not been reclassified to conform to the current year presentation due to immateriality.

The following table reconciles total Segment Income to income before provision for income taxes:

	2018			2017			2016
Total Segment Income	$	643,941		$	583,788		$	511,609
Depreciation and amortization		(53,665	)		(44,369	)		(38,140	)
Gain (loss) on sale/disposal of assets		4,737			3,148			(863	)
Non-cash compensation expense		(22,792	)		(20,713	)		(18,564	)
Recapitalization-related expenses		(532	)		(622	)		—
Income from operations		571,689			521,232			454,042
Interest income		3,334			1,462			685
Interest expense		(146,345	)		(122,541	)		(110,069	)
Income before provision for income taxes	$	428,678		$	400,153		$	344,658

The following table summarizes the Company’s identifiable asset information as of December 30, 2018 and December 31, 2017:

	2018		2017
U.S. Stores (1)	$	211,554	$	216,994
U.S. supply chain		283,351		206,059
Total U.S. assets		494,905		423,053
International Franchise		21,094		19,728
International supply chain		24,049		24,925
Total international assets		45,143		44,653
Unallocated		367,337		369,047
Total consolidated assets	$	907,385	$	836,753

(1)	Identifiable assets for U.S. Stores include $112.7 million and $120.2 million of advertising fund assets, restricted, as of December 30, 2018 and December 31, 2017, respectively. The 2017 amounts were previously classified as unallocated and have been recast due to the adoption of ASC 606.

Unallocated assets primarily include cash and cash equivalents, restricted cash and cash equivalents, investments in marketable securities, certain long-lived assets and deferred income taxes.

The following table summarizes the Company’s goodwill balance as of December 30, 2018 and December 31, 2017:


	2018		2017
U.S. Stores	$	13,852	$	14,356
Supply Chain		1,067		1,067
Consolidated goodwill	$	14,919	$	15,423

Sale and Closure of Company-Owned Stores

12 Months Ended

Dec. 30, 2018

Restructuring and Related Activities [Abstract]

Sale and Closure of Company-Owned Stores

(12)	Sale and Closure of Company-Owned Stores

During 2018, the Company sold 12 Company-owned stores to a former executive of the Company for proceeds of $7.9 million. The former executive terminated his employment with the Company prior to the closing date of the sale and became a franchisee. In connection with the sale of the stores, the Company recorded a

$5.9 million pre-tax gain

on the sale of the related assets, which was net of a $0.4 million reduction in goodwill. During 2018, the Company also sold two Company-owned stores to a franchisee for proceeds of $0.3 million. In connection with the sale of the stores, the Company recorded a

pre-tax

gain of less than $0.1 million on the sale of the related assets, which was net of a $0.1 million reduction in goodwill. The gains on these sales were recorded in general and administrative expense in the Company’s consolidated statements of income.

During 2017, the Company sold 17 Company-owned stores to franchisees for proceeds of $6.8 million. In connection with the sale of the stores, the Company recorded a $4.0 million

pre-tax

gain on the sale of the related assets, which was net of a $0.6 million reduction in goodwill. The gain was recorded in general and administrative expense in the Company’s consolidated statements of income.

The Company closed one Company-owned store in 2016. In connection with the closure, the Company recorded a reduction of goodwill of less than $0.1 million in general and administrative expense in the Company’s consolidated statements of income.

Periodic Financial Data (Unaudited; in Thousands, except Per Share Amounts)

12 Months Ended

Dec. 30, 2018

Quarterly Financial Information Disclosure [Abstract]

Periodic Financial Data (Unaudited; in Thousands, except Per Share Amounts)

(13)	Periodic Financial Data (Unaudited; in Thousands, except Per Share Amounts)

The Company’s convention with respect to reporting periodic financial data is such that each of the first three fiscal quarters consists of 12 weeks while the last fiscal quarter consists of 16 weeks or 17 weeks. The fourth quarters of 2018 and 2017 are comprised of 16 weeks.


	For the Fiscal Quarter Ended								For the Fiscal Year Ended
	March 25, 2018		June 17, 2018		September 9, 2018		December 30, 2018		December 30, 2018
Total revenues	$	785,371	$	779,396	$	785,965	$	1,082,135	$	3,432,867
Operating margin		299,865		293,580		295,279		413,955		1,302,679
Income before provision for income taxes		103,670		91,197		99,248		134,563		428,678
Net income		88,827		77,408		84,095		111,642		361,972
Earnings per common share – basic (1)	$	2.07	$	1.84	$	2.02	$	2.71	$	8.65
Earnings per common share – diluted (1)	$	2.00	$	1.78	$	1.95	$	2.62	$	8.35
Common stock dividends declared per share	$	0.55	$	0.55	$	0.55	$	0.55	$	2.20


	For the Fiscal Quarter Ended								For the Fiscal Year Ended
	March 26, 2017		June 18, 2017		September 10, 2017		December 31, 2017		December 31, 2017
Total revenues	$	624,217	$	628,611	$	643,642	$	891,509	$	2,787,979
Operating margin		193,816		192,845		198,478		280,852		865,991
Income before provision for income taxes		90,514		88,532		84,551		136,556		400,153
Net income		62,469		65,741		56,368		93,327		277,905
Earnings per common share – basic (1)	$	1.31	$	1.37	$	1.22	$	2.17	$	6.05
Earnings per common share – diluted (1)	$	1.26	$	1.32	$	1.18	$	2.09	$	5.83
Common stock dividends declared per share	$	0.46	$	0.46	$	0.46	$	0.46	$	1.84

(1)	Earnings per share figures may not sum to the total due to the rounding of each individual calculation.

Subsequent Events

12 Months Ended

Dec. 30, 2018

Subsequent Events [Abstract]

Subsequent Events

(14)	Subsequent Events

On February 20, 2019, the Company’s Board of Directors declared a quarterly dividend of $0.65 per common share payable on March 29, 2019 to shareholders of record at the close of business on March 15, 2019.

From December 31, 2018 through February 14, 2019, the

Company repaid $15.0 million of its borrowings under its 2017 Variable Funding Notes. As of February 14, 2019, the Company had $50.0 million outstanding under its 2017 Variable Funding Notes.

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

12 Months Ended

Dec. 30, 2018

Condensed Financial Information Disclosure [Abstract]

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED BALANCE SHEETS

(In thousands, except share and per share amounts)


	December 30,			December 31,
	2018			2017
ASSETS
ASSETS:
Cash	$	6		$	6
Total assets	$	6		$	6
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES:
Equity in net deficit of subsidiaries	$	3,039,921		$	2,735,384
Due to subsidiary		6			6
Total liabilities		3,039,927			2,735,390
STOCKHOLDERS’ DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 40,977,561 in 2018 and 42,898,329 in 2017 issued and outstanding		410			429
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued		—			—
Additional paid-in capital		569			5,654
Retained deficit		(3,036,471	)		(2,739,437	)
Accumulated other comprehensive loss		(4,429	)		(2,030	)
Total stockholders’ deficit		(3,039,921	)		(2,735,384	)
Total liabilities and stockholders’ deficit	$	6		$	6

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(In thousands, except share and per share amounts)


	For the Years Ended
	December 30,		December 31,		January 1,
	2018		2017		2017
REVENUES	$	—	$	—	$	—
Total revenues		—		—		—
OPERATING EXPENSES		—		—		—
Total operating expenses		—		—		—
INCOME FROM OPERATIONS		—		—		—
Equity earnings in subsidiaries		361,972		277,905		214,678
INCOME BEFORE PROVISION FOR INCOME TAXES		361,972		277,905		214,678
PROVISION FOR INCOME TAXES		—		—		—
NET INCOME	$	361,972	$	277,905	$	214,678
COMPREHENSIVE INCOME	$	359,924	$	278,985	$	215,116
EARNINGS PER SHARE:
Common Stock – basic	$	8.65	$	6.05	$	4.41
Common Stock – diluted	$	8.35	$	5.83	$	4.30

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS

(In thousands)


	For the Years Ended
	December 30,			December 31,			January 1,
	2018			2017			2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities	$	382,716		$	299,576		$	281,731
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividends from subsidiaries		297,792			852,325			82,856
Net cash provided by investing activities		297,792			852,325			82,856
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of common stock dividends		(92,166	)		(84,298	)		(73,925	)
Purchase of common stock		(591,212	)		(1,064,253	)		(300,250	)
Other		2,870			(3,350	)		9,588
Net cash used in financing activities		(680,508	)		(1,151,901	)		(364,587	)
CHANGE IN CASH AND CASH EQUIVALENTS		—			—			—
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD		6			6			6
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	$	6		$	6		$	6

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

NOTES TO PARENT COMPANY FINANCIAL STATEMENTS

(1)	Introduction and Basis of Presentation

Domino’s Pizza, Inc., on a stand-alone basis, (the “Parent Company”) has accounted for majority-owned subsidiaries using the equity method of accounting. The accompanying condensed financial statements of the Parent Company should be read in conjunction with the consolidated financial statements of Domino’s Pizza, Inc. and its subsidiaries (the “Company”) and the notes thereto included in Item 8 of this Form

10-K.

These financial statements have been provided to comply with Rule

4-08(e)

of Regulation

S-X.

Use of Estimates

The use of estimates is inherent in the preparation of financial statements in accordance with generally accepted accounting principles. Actual results could differ from those estimates.

New Accounting Pronouncements

During 2018, the Company adopted the below new accounting pronouncements that impacted the Parent Company financial statements.

Accounting

Standards Update 2014-09, Revenue from

Contracts with Customers (Topic 606)

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting

Standards Update 2014-09,

Revenue from Contracts with Customers (Topic 606)

The Parent Company recorded a $6.7 million adjustment to equity in net deficit of subsidiaries and recorded a $6.7 million adjustment to retained deficit related to this new accounting standard in 2018. See Note 1 to the Company’s consolidated financial statements as filed in this Form

10-K

for additional information related to the adoption of this new accounting standard.

ASU 2018-02, Income

Statement – Reporting Comprehensive Income (Topic 220)

In February 2018, the FASB

issued ASU 2018-02,

Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

. The amendments in this updated standard allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. The Parent Company adopted this standard in 2018 and, as a result, recorded a $0.4 million reclassification from accumulated other comprehensive loss to the beginning balance of retained deficit in 2018.

(2)	Supplemental Disclosures of Cash Flow Information

During 2018, 2017 and 2016, the Parent Company received dividends from its subsidiaries primarily consisting of amounts received to repurchase common stock in connection with the Company’s 2018 and 2017 recapitalization transactions. See Note 4 to the Company’s consolidated financial statements as filed in this Form

10-K

for a description of the recapitalization transactions that occurred in 2018 and 2017.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 30, 2018

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

Domino’s Pizza, Inc. and Subsidiaries


(in thousands)	Balance Beginning of Year		Provision (Benefit)			Additions/ Deductions from Reserves*			Balance End of Year
Allowance for doubtful accounts receivable:
2018	$	1,424	$	903		$	(448	)		1,879
2017		2,342		(88	)		(830	)		1,424
2016		2,662		(51	)		(269	)		2,342

*	Consists primarily of write-offs, recoveries of bad debt and certain reclassifications.

Description of Business and Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 30, 2018

Accounting Policies [Abstract]

Description of Business

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of DPI and its subsidiaries. All significant intercompany accounts and transactions have been eliminated.

Fiscal Year

fifty-two

weeks.

Cash and Cash Equivalents

Cash equivalents consist of highly liquid investments with original maturities of three months or less at the date of purchase. These investments are carried at cost, which approximates fair value.

Restricted Cash and Cash Equivalents

Inventories

Inventories are valued at the lower of cost (on a

first-in,

first-out

basis) or net realizable value. Inventories at December 30, 2018 and December 31, 2017 are comprised of the following (in thousands):

	2018		2017
Food	$	42,921	$	36,645
Equipment and supplies		3,054		3,316
Inventories	$	45,975	$	39,961

Other Assets

Current and long-term other assets primarily include prepaid expenses such as insurance, rent and taxes, deposits, notes receivable, software licenses, covenants

not-to-compete

and other intangible assets primarily arising from franchise acquisitions. As of December 30, 2018 and December 31, 2017, all intangible assets with useful lives were fully amortized.

Property, Plant and Equipment


Buildings			20
Leasehold and other improvements			7 –15
Equipment			3 –15

Depreciation and amortization expense on property, plant and equipment was approximately $35.0 million, $29.6 million and $27.3 million in 2018, 2017 and 2016, respectively.

Impairments of Long-Lived Assets

Investments in Marketable Securities

Goodwill

Capitalized Software

Debt Issuance Costs

Note

The Company expensed debt issuance costs of approximately $3.4 million, $5.7 million and $0.6 million in 2018, 2017 and 2016, respectively in connection with the

write-off

of debt issuance costs resulting from the repayment of the Company’s outstanding notes, including scheduled principal payments. Debt issuance cost expense, including these

write-off

amounts, was approximately $8.0 million, $11.0 million and $6.4 million in 2018, 2017 and 2016, respectively.

Insurance Reserves

The Company has retention programs for workers’ compensation, general liability and owned and

non-owned

automobile liabilities and up to the applicable statutory limits for workers’ compensation.

Contract Liabilities

Contract liabilities consist of deferred franchise fees and deferred development fees.

Changes in deferred franchise fees and deferred development fees in 2018 were as follows:

	Fiscal Year Ended
(In thousands)	December 30, 2018
Deferred franchise fees and deferred development fees at beginning of period	$	19,404
Revenue recognized during the period		(5,235	)
New deferrals due to cash received and other		5,731
Deferred franchise fees and deferred development fees at end of period	$	19,900

Other Accrued Liabilities

Foreign Currency Translation

Revenue Recognition

to per-transaction technology

fees that are recognized as the related sales occur. Payments for U.S. royalties and fees are generally due within seven days of the prior week end date.

not-for-profit subsidiary

Reclassification of Revenues

Disaggregation of Revenue

Supply Chain Profit-Sharing Arrangements

pre-tax

Advertising

Rent

Common Stock Dividends

Stock Options and Other Equity-Based Compensation Arrangements

The cost of all of the Company’s stock options, as well as other equity-based compensation arrangements, is reflected in the financial statements based on the estimated fair value of the awards.

Earnings Per Share

Supplemental Disclosures of Cash Flow Information

The Company had $3.8 million, $4.0 million and $3.8 million of

non-cash

investing activities related to accruals for capital expenditures at December 30, 2018, December 31, 2017, and January 1, 2017. The Company also had

non-cash

recorded non-cash financing

activities of $12.0 million for the increase in capital lease assets and liabilities during 2018. The Company also recorded $1.9 million in

non-cash

financing activities related to a

build-to-suit

arrangement in which the Company’s landlord is constructing a new building that will be leased to the Company upon completion, which is expected to occur in 2019.

New Accounting Pronouncements

Recently Adopted Accounting Standards

Accounting

Standards Update 2014-09, Revenue from

Contracts with Customers (Topic 606)

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting

Standards Update 2014-09,

Revenue from Contracts with Customers (Topic 606)

The Company has also determined that ASC 606 requires a gross presentation on the consolidated statement of income for franchisee contributions received by and related expenses of DNAF, the

Company’s consolidated not-for-profit subsidiary. DNAF

The cumulative effects of the changes made to the Company’s consolidated balance sheet as of January 1, 2018 for the adoption of ASC 606 were as follows (in thousands):

	Balance at December 31, 2017			Adjustments Due to ASC 606			Balance at January 1, 2018
Assets
Other assets:
Deferred income taxes	$	2,750		$	1,878		$	4,628
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		120,223			(6,425	)		113,798
Other accrued liabilities		58,578			2,365			60,943
Long-term liabilities:
Other accrued liabilities		21,751			12,639			34,390
Stockholders’ deficit:
Retained deficit		(2,739,437	)		(6,701	)		(2,746,138	)

	Fiscal Year Ended December 30, 2018
	As Reported		Balances without the Adoption of ASC 606		Effect of Change Higher/ (Lower)
Revenues:
U.S. franchise royalties and fees	$	391,493	$	409,379	$	(17,886	)
International franchise royalties and fees		224,747		225,708		(961	)
U.S. franchise advertising		358,526		—		358,526
General and administrative		372,464		389,520		(17,056	)
U.S. franchise advertising		358,526		—		358,526
Income from operations		571,689		573,481		(1,792	)
Income before provision for income taxes		428,678		430,470		(1,792	)
Provision for income taxes		66,706		67,111		(405	)
Net income		361,972		363,359		(1,387	)

	As of December 30, 2018
	As Reported			Balances without the Adoption of ASC 606			Effect of Change Higher/ (Lower)
Assets
Other assets:
Deferred income taxes	$	5,526		$	3,243		$	2,283
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		107,150			112,744			(5,594	)
Other accrued liabilities		55,001			52,396			2,605
Long-term liabilities:
Other accrued liabilities		40,807			27,447			13,360
Stockholders’ deficit:
Retained deficit		(3,036,471	)		(3,028,383	)		(8,088	)

ASU 2016-04, Liabilities

– Extinguishment of Liabilities

(Subtopic 405-20)

In March 2016, the FASB

issued ASU 2016-04,

Liabilities – Extinguishment of Liabilities (Subtopic

405-20):

Recognition of Breakage for Certain Prepaid Stored-Value Products

(“ASU 2016-04”). ASU 2016-04 aligns recognition

of the financial liabilities related to prepaid stored value products (for example, gift cards) with ASC

606 for non-financial liabilities. In

ASU 2016-18, Statement of

Cash Flows (Topic 230)

In November 2016, the FASB

issued ASU 2016-18,

Statement of Cash Flows (Topic 230): Restricted Cash

(“ASU 2016-18”), which

requires that restricted cash and cash equivalents be included as components of total cash and cash equivalents as presented on the statement of cash

flows. ASU 2016-18 is effective

ASU 2018-02, Income

Statement – Reporting Comprehensive Income (Topic 220)

In February 2018, the FASB

issued ASU 2018-02,

Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

ASU 2017-04, Intangibles

– Goodwill and Other (Topic 350)

In January 2017, the FASB

issued ASU 2017-04

, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

(“ASU 2017-04”). ASU 2017-04 simplifies the

subsequent measurement of goodwill by eliminating “Step 2” from the goodwill impairment

test. ASU 2017-04 is effective

Accounting Standards Not Yet Adopted

ASU 2016-02, Leases

(Topic 842)

In February 2016, the FASB

issued ASU 2016-02,

Leases (Topic 842)

(“ASU 2016-02”). ASU 2016-02 requires a

lessee to recognize assets and liabilities on the balance sheet for leases with lease terms greater than 12

months. ASU 2016-02 is effective

right-of-use

ASU 2016-13, Financial

Instruments – Credit Losses (Topic 326)

In June 2016, the FASB

issued ASU 2016-13,

Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

(“ASU 2016-13”). ASU 2016-13 requires companies

to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss

estimates. ASU 2016-13 is effective

Use of Estimates

Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 30, 2018

Accounting Policies [Abstract]

Inventories

Inventories are valued at the lower of cost (on a

first-in,

first-out

basis) or net realizable value. Inventories at December 30, 2018 and December 31, 2017 are comprised of the following (in thousands):

	2018		2017
Food	$	42,921	$	36,645
Equipment and supplies		3,054		3,316
Inventories	$	45,975	$	39,961

Estimated Useful Lives of Property, Plant And Equipment Excluding Capital Lease Asset


Buildings			20
Leasehold and other improvements			7 –15
Equipment			3 –15

Schedule of Contract Liabilities Consist Of Deferred Franchise Fees and Deferred Development Fees

Changes in deferred franchise fees and deferred development fees in 2018 were as follows:

	Fiscal Year Ended
(In thousands)	December 30, 2018
Deferred franchise fees and deferred development fees at beginning of period	$	19,404
Revenue recognized during the period		(5,235	)
New deferrals due to cash received and other		5,731
Deferred franchise fees and deferred development fees at end of period	$	19,900

Schedule Of Cumulative Effects Of Changes Made To Consolidated Balance Sheet

The cumulative effects of the changes made to the Company’s consolidated balance sheet as of January 1, 2018 for the adoption of ASC 606 were as follows (in thousands):

	Balance at December 31, 2017			Adjustments Due to ASC 606			Balance at January 1, 2018
Assets
Other assets:
Deferred income taxes	$	2,750		$	1,878		$	4,628
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		120,223			(6,425	)		113,798
Other accrued liabilities		58,578			2,365			60,943
Long-term liabilities:
Other accrued liabilities		21,751			12,639			34,390
Stockholders’ deficit:
Retained deficit		(2,739,437	)		(6,701	)		(2,746,138	)

Impact of Adoption on Company's Consolidated Statement of Income and Consolidated Balance Sheet

	Fiscal Year Ended December 30, 2018
	As Reported		Balances without the Adoption of ASC 606		Effect of Change Higher/ (Lower)
Revenues:
U.S. franchise royalties and fees	$	391,493	$	409,379	$	(17,886	)
International franchise royalties and fees		224,747		225,708		(961	)
U.S. franchise advertising		358,526		—		358,526
General and administrative		372,464		389,520		(17,056	)
U.S. franchise advertising		358,526		—		358,526
Income from operations		571,689		573,481		(1,792	)
Income before provision for income taxes		428,678		430,470		(1,792	)
Provision for income taxes		66,706		67,111		(405	)
Net income		361,972		363,359		(1,387	)

	As of December 30, 2018
	As Reported			Balances without the Adoption of ASC 606			Effect of Change Higher/ (Lower)
Assets
Other assets:
Deferred income taxes	$	5,526		$	3,243		$	2,283
Liabilities and stockholders’ deficit
Current liabilities:
Advertising fund liabilities		107,150			112,744			(5,594	)
Other accrued liabilities		55,001			52,396			2,605
Long-term liabilities:
Other accrued liabilities		40,807			27,447			13,360
Stockholders’ deficit:
Retained deficit		(3,036,471	)		(3,028,383	)		(8,088	)

Earnings per Share (Tables)

12 Months Ended

Dec. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share amounts):


	2018		2017		2016
Net income available to common stockholders – basic and diluted	$	361,972	$	277,905	$	214,678
Weighted average number of common shares		41,856,017		45,954,659		48,647,167
Earnings per common share – basic	$	8.65	$	6.05	$	4.41
Diluted weighted average number of common shares		43,331,278		47,677,834		49,923,859
Earnings per common share – diluted	$	8.35	$	5.83	$	4.30

Fair Value Measurements (Tables)

12 Months Ended

Dec. 30, 2018

Fair Value Disclosures [Abstract]

Carrying Amounts and Fair Values of Certain Assets


	At December 30, 2018
			Fair Value Estimated Using
	Carrying		Level 1		Level 2		Level 3
	Amount		Inputs		Inputs		Inputs
Cash equivalents	$	11,877	$	11,877	$	—	$	—
Restricted cash equivalents		112,272		112,272		—		—
Investments in marketable securities		8,718		8,718		—		—
Advertising fund cash equivalents, restricted		31,547		31,547		—		—
Advertising fund investments, restricted		50,152		50,152		—		—

The following table summarizes the carrying amounts and fair values of certain assets at December 31, 2017:


	At December 31, 2017
			Fair Value Estimated Using
	Carrying		Level 1		Level 2		Level 3
	Amount		Inputs		Inputs		Inputs
Cash equivalents	$	7,933	$	7,933	$	—	$	—
Restricted cash equivalents		96,375		96,375		—		—
Investments in marketable securities		8,119		8,119		—		—
Advertising fund cash equivalents, restricted		19,945		19,945		—		—
Advertising fund investments, restricted		74,007		74,007		—		—

Recapitalizations and Financing Arrangements (Tables)

12 Months Ended

Dec. 30, 2018

Debt Disclosure [Abstract]

Consolidated Long-Term Debt

At December 30, 2018 and December 31, 2017, consolidated long-term debt consisted of the following (in thousands):

	2018			2017
3.484% Class A-2-I Notes; repaid in connection with the 2018 Recapitalization	$	—		$	492,500
4.474% Class A-2-II Notes; expected repayment date October 2025; legal final maturity October 2045		780,000			788,000
3.082% Class A-2-II Notes; expected repayment date July 2022; legal final maturity July 2047		592,500			598,500
4.118% Class A-2-III Notes; expected repayment date July 2027; legal final maturity July 2047		987,500			997,500
Floating Rate Class A-2-I Notes; expected repayment date July 2022; legal final maturity July 2047		296,250			299,250
4.116% Class A-2-I Notes; expected repayment date October 2025; legal final maturity July 2048		422,875			—
4.328% Class A-2-II Notes; expected repayment date July 2027; legal final maturity July 2048		398,000			—
2017 Variable Funding Notes		65,000			—
Capital lease obligations		17,006			5,437
Debt issuance costs, net of accumulated amortization of $8.2 million in 2018 and $6.8 million in 2017		(27,547	)		(27,373	)
Total debt		3,531,584			3,153,814
Less – current portion		35,893			32,324
Consolidated long-term debt, net of debt issuance costs	$	3,495,691		$	3,121,490

Maturities of Long-Term Debt and Capital Lease Obligations

At December 30, 2018, maturities of long-term debt and capital lease obligations are as follows (in thousands):

2019	$	35,893
2020		35,956
2021		36,026
2022		953,856
2023		27,195
Thereafter		2,470,205
	$	3,559,131

Schedule of Estimated Fair Value

Management estimated the approximate fair values of the 2018 Notes, 2017 Fixed and Floating Rate Notes and 2015 Notes as follows (in thousands):


	December 30, 2018				December 31, 2017
	Principal Amount		Fair Value		Principal Amount		Fair Value
2015 Five-Year Fixed Rate Notes	$	—	$	—	$	492,500	$	494,470
2015 Ten-Year Fixed Rate Notes		780,000		783,120		788,000		821,884
2017 Five-Year Fixed Rate Notes		592,500		575,910		598,500		592,515
2017 Ten-Year Fixed Rate Notes		987,500		956,888		997,500		1,023,435
2017 Five-Year Floating Rate Notes		296,250		295,065		299,250		300,746
2018 7.5-Year Fixed Rate Notes		422,875		416,955		—		—
2018 9.25-Year Fixed Rate Notes		398,000		396,010		—		—

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Rental Commitments for All Non-Cancelable Leases - Capital Leases

As of December 30, 2018, the future minimum rental commitments for all

non-cancelable

leases are as follows (in thousands):


	Operating		Capital
	Leases		Leases			Total
2019	$	40,752	$	2,396		$	43,148
2020		37,519		2,415			39,934
2021		34,538		2,433			36,971
2022		30,763		2,451			33,214
2023		27,388		2,474			29,862
Thereafter		100,310		23,781			124,091
Total future minimum rental commitments	$	271,270		35,950		$	307,220
Less – amounts representing interest				(18,944	)
Total principal payable on capital leases			$	17,006

Future Minimum Rental Commitments for All Non-Cancelable Leases - Operating Leases

As of December 30, 2018, the future minimum rental commitments for all

non-cancelable

leases are as follows (in thousands):


	Operating		Capital
	Leases		Leases			Total
2019	$	40,752	$	2,396		$	43,148
2020		37,519		2,415			39,934
2021		34,538		2,433			36,971
2022		30,763		2,451			33,214
2023		27,388		2,474			29,862
Thereafter		100,310		23,781			124,091
Total future minimum rental commitments	$	271,270		35,950		$	307,220
Less – amounts representing interest				(18,944	)
Total principal payable on capital leases			$	17,006

Income Taxes (Tables)

12 Months Ended

Dec. 30, 2018

Income Tax Disclosure [Abstract]

Income Before Provision for Income Taxes

Income before provision for income taxes in 2018, 2017 and 2016 consists of the following (in thousands):

	2018		2017		2016
U.S.	$	414,804	$	386,989	$	334,892
Foreign		13,874		13,164		9,766
	$	428,678	$	400,153	$	344,658

Differences Between Statutory Income Tax Provision and Consolidated Provision for Income Taxes


	2018			2017			2016
Federal income tax provision based on the statutory rate	$	90,022		$	140,054		$	120,630
State and local income taxes, net of related Federal income taxes		14,233			11,520			9,787
Non-resident withholding and foreign income taxes		21,369			20,210			17,275
Foreign tax and other tax credits		(25,301	)		(23,324	)		(20,049	)
Foreign derived intangible income		(11,760	)		—			—
Excess tax benefits from equity-based compensation		(23,786	)		(27,227	)		—
Non-deductible expenses, net		1,999			1,794			1,579
Unrecognized tax provision (benefit), net of related Federal income taxes		301			(173	)		(98	)
Other		(371	)		(606	)		856
	$	66,706		$	122,248		$	129,980

Components of Consolidated Provision for Income Taxes

The components of the 2018, 2017 and 2016 consolidated provision for income taxes are as follows (in thousands):

	2018			2017			2016
Provision for Federal income taxes
Current provision	$	33,558		$	81,747		$	100,673
Deferred provision (benefit)		(1,543	)		6,732			(3,096	)
Total provision for Federal income taxes		32,015			88,479			97,577
Provision for state and local income taxes
Current provision		12,651			14,131			15,091
Deferred provision (benefit)		671			(572	)		37
Total provision for state and local income taxes		13,322			13,559			15,128
Provision for non-resident withholding and foreign income taxes		21,369			20,210			17,275
	$	66,706		$	122,248		$	129,980

Significant Components of Net Deferred Income Taxes

As of December 30, 2018 and December 31, 2017, the significant components of net deferred income taxes are as follows (in thousands):

	2018		2017
Deferred income tax assets
Insurance reserves	$	10,253	$	9,957
Equity compensation		9,705		9,277
Other accruals and reserves		10,636		8,532
Foreign tax credit		4,600		—
Other		6,029		4,801
Total deferred income tax assets		41,223		32,567
Deferred income tax liabilities
Depreciation, amortization and asset basis differences		10,505		4,655
Capitalized software		25,192		22,248
Gain on debt extinguishments		—		2,914
Total deferred income tax liabilities		35,697		29,817
Net deferred income taxes	$	5,526	$	2,750

Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):


Balance as of January 3, 2016	$	2,115
Additions for tax positions of current year		209
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(33	)
Lapses of applicable statute of limitations		(337	)
Balance as of January 1, 2017		1,954
Additions for tax positions of current year		224
Additions for tax positions of prior years		42
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(10	)
Lapses of applicable statute of limitations		(373	)
Balance as of December 31, 2017		1,837
Additions for tax positions of current year		425
Additions for tax positions of prior years		115
Reductions in tax positions from prior years for:
Changes in prior year tax positions		(64	)
Lapses of applicable statute of limitations		(349	)
Balance as of December 30, 2018	$	1,964

Employee Benefits (Tables)

12 Months Ended

Dec. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Options Activity Related to Equity Incentive Plans

Stock option activity related to the 2004 Equity Incentive Plan is summarized as follows:

	Common Stock Options
	Outstanding			Weighted Average Exercise Price		Weighted Average Remaining Life		Aggregate Intrinsic Value
						(Years)		(In thousands)
Stock options at January 3, 2016		3,323,476		$	28.57
Stock options granted		233,280			129.42
Stock options cancelled		(12,798	)		104.23
Stock options exercised		(1,045,648	)		14.38
Stock options at January 1, 2017		2,498,310		$	43.54
Stock options granted		126,720			201.19
Stock options cancelled		(28,991	)		101.97
Stock options exercised		(357,925	)		17.05
Stock options at December 31, 2017		2,238,114		$	55.94
Stock options granted		96,580			266.11
Stock options cancelled		(11,193	)		174.63
Stock options exercised		(414,102	)		23.74
Stock options at December 30, 2018		1,909,399		$	72.86		4.5	$	340,555
Exercisable at December 30, 2018		1,698,583		$	56.40		4.0	$	328,788

Stock Options Valuation Assumptions


	2018			2017			2016
Risk-free interest rate		2.7	%		2.0	%		1.3	%
Expected life (years)		5.5			5.5			5.5
Expected volatility		24.2	%		25.8	%		26.0	%
Expected dividend yield		0.8	%		0.9	%		1.2	%
Weighted average fair value per stock option	$	67.65		$	49.57		$	29.59

Restricted Stock and Performance Based Restricted Stock Activity Related to Equity Incentive Plans

Restricted stock and performance-based restricted stock activity related to the 2004 Equity Incentive Plan is summarized as follows:

	Shares			Weighted Average Grant Date Fair Value
Nonvested at January 3, 2016		316,332		$	75.74
Shares granted (1)		97,650			131.75
Shares cancelled		(13,970	)		88.34
Shares vested		(123,792	)		70.39
Nonvested at January 1, 2017		276,220		$	97.48
Shares granted (1)		72,250			205.21
Shares cancelled		(16,109	)		115.71
Shares vested		(137,757	)		80.55
Nonvested at December 31, 2017		194,604		$	147.94
Shares granted (1)		91,430			271.33
Shares cancelled		(12,692	)		178.06
Shares vested		(82,963	)		128.57
Nonvested at December 30, 2018		190,379		$	213.57

(1)

Capital Structure (Tables)

12 Months Ended

Dec. 30, 2018

Text Block [Abstract]

Share Components of Outstanding Common Stock

The share components of outstanding common stock at December 30, 2018 and December 31, 2017 are as follows:


	2018		2017
Voting		40,974,200		42,881,905
Non-Voting		3,361		16,424
Total Common Stock		40,977,561		42,898,329

Segment Information (Tables)

12 Months Ended

Dec. 30, 2018

Segment Reporting [Abstract]

Financial Information by Operating Segment


	U.S. Stores (1)		Supply Chain		International Franchise (2)		Intersegment Revenues			Other			Total
Revenues-
2018	$	1,264,823	$	2,087,408	$	224,747	$	(144,111	)		—		$	3,432,867
2017		842,233		1,874,943		206,708		(135,905	)		—			2,787,979
2016		751,284		1,669,000		176,999		(124,655	)		—			2,472,628
Segment Income-
2018	$	335,989	$	176,714	$	174,700		N/A		$	(43,462	)	$	643,941
2017		306,406		163,077		161,263		N/A			(46,958	)		583,788
2016		271,794		144,130		138,487		N/A			(42,802	)		511,609
Income from Operations-
2018	$	329,044	$	162,392	$	174,503		N/A		$	(94,250	)	$	571,689
2017		298,852		151,622		161,066		N/A			(90,308	)		521,232
2016		261,826		133,745		138,306		N/A			(79,835	)		454,042
Capital Expenditures-
2018	$	15,717	$	61,652	$	134		N/A		$	42,171		$	119,674
2017		20,579		34,123		28		N/A			35,527			90,257
2016		18,225		11,527		642		N/A			31,143			61,537


(1)		The adoption of ASC 606 in 2018 resulted in the recognition of $358.5 million in revenue in 2018 related to U.S. franchise contributions to DNAF. In prior years, under accounting standards in effect at that time, the Company had presented these contributions net with the related disbursements in its consolidated statement of income. Refer to Note 1 to the consolidated financial statements for additional information related to the adoption of this new accounting standard.
(2)		In 2018, the Company began managing its franchised stores in Alaska and Hawaii as part of its U.S. Stores segment. Prior to 2018, store counts, retail sales and royalty revenues from these franchised stores were included in the Company’s international operations in the table above. Consolidated results of the Company have not been impacted by this change and prior year amounts have not been reclassified to conform to the current year presentation due to immateriality.

Reconciliation of Total Segment Income to Income Before Provision for Income Taxes

The following table reconciles total Segment Income to income before provision for income taxes:

	2018			2017			2016
Total Segment Income	$	643,941		$	583,788		$	511,609
Depreciation and amortization		(53,665	)		(44,369	)		(38,140	)
Gain (loss) on sale/disposal of assets		4,737			3,148			(863	)
Non-cash compensation expense		(22,792	)		(20,713	)		(18,564	)
Recapitalization-related expenses		(532	)		(622	)		—
Income from operations		571,689			521,232			454,042
Interest income		3,334			1,462			685
Interest expense		(146,345	)		(122,541	)		(110,069	)
Income before provision for income taxes	$	428,678		$	400,153		$	344,658

Identifiable Asset Information

The following table summarizes the Company’s identifiable asset information as of December 30, 2018 and December 31, 2017:

	2018		2017
U.S. Stores (1)	$	211,554	$	216,994
U.S. supply chain		283,351		206,059
Total U.S. assets		494,905		423,053
International Franchise		21,094		19,728
International supply chain		24,049		24,925
Total international assets		45,143		44,653
Unallocated		367,337		369,047
Total consolidated assets	$	907,385	$	836,753

(1)	Identifiable assets for U.S. Stores include $112.7 million and $120.2 million of advertising fund assets, restricted, as of December 30, 2018 and December 31, 2017, respectively. The 2017 amounts were previously classified as unallocated and have been recast due to the adoption of ASC 606.

Goodwill

The following table summarizes the Company’s goodwill balance as of December 30, 2018 and December 31, 2017:


	2018		2017
U.S. Stores	$	13,852	$	14,356
Supply Chain		1,067		1,067
Consolidated goodwill	$	14,919	$	15,423

Periodic Financial Data (Unaudited; in Thousands, except Per Share Amounts) (Tables)

12 Months Ended

Dec. 30, 2018

Quarterly Financial Information Disclosure [Abstract]

Periodic Financial Data


	For the Fiscal Quarter Ended								For the Fiscal Year Ended
	March 25, 2018		June 17, 2018		September 9, 2018		December 30, 2018		December 30, 2018
Total revenues	$	785,371	$	779,396	$	785,965	$	1,082,135	$	3,432,867
Operating margin		299,865		293,580		295,279		413,955		1,302,679
Income before provision for income taxes		103,670		91,197		99,248		134,563		428,678
Net income		88,827		77,408		84,095		111,642		361,972
Earnings per common share – basic (1)	$	2.07	$	1.84	$	2.02	$	2.71	$	8.65
Earnings per common share – diluted (1)	$	2.00	$	1.78	$	1.95	$	2.62	$	8.35
Common stock dividends declared per share	$	0.55	$	0.55	$	0.55	$	0.55	$	2.20


	For the Fiscal Quarter Ended								For the Fiscal Year Ended
	March 26, 2017		June 18, 2017		September 10, 2017		December 31, 2017		December 31, 2017
Total revenues	$	624,217	$	628,611	$	643,642	$	891,509	$	2,787,979
Operating margin		193,816		192,845		198,478		280,852		865,991
Income before provision for income taxes		90,514		88,532		84,551		136,556		400,153
Net income		62,469		65,741		56,368		93,327		277,905
Earnings per common share – basic (1)	$	1.31	$	1.37	$	1.22	$	2.17	$	6.05
Earnings per common share – diluted (1)	$	1.26	$	1.32	$	1.18	$	2.09	$	5.83
Common stock dividends declared per share	$	0.46	$	0.46	$	0.46	$	0.46	$	1.84

(1)	Earnings per share figures may not sum to the total due to the rounding of each individual calculation.

Description of Business and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended						4 Months Ended		12 Months Ended
	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2018	Jan. 01, 2018	Jan. 03, 2016
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent							$ 112,272,000	$ 96,375,000	$ 112,272,000	$ 96,375,000
Capital lease assets							22,200,000	10,500,000	22,200,000	10,500,000
Accumulated amortization of capital lease assets							6,700,000	$ 6,200,000	6,700,000	6,200,000
Depreciation and amortization expense									53,665,000	44,369,000	$ 38,140,000
Capitalized software amortization expense									18,700,000	14,800,000	10,800,000
Amortization Expenses in 2019							16,600,000		16,600,000
Amortization Expenses in 2020							11,500,000		11,500,000
Amortization Expenses in 2021							7,700,000		7,700,000
Amortization Expenses in 2022							4,200,000		4,200,000
Amortization Expenses in 2023							1,700,000		1,700,000
Exposures for workers' compensation and general liability programs							1,000,000		1,000,000
Total insurance limits under the retention programs							$ 110,000,000		$ 110,000,000
Percentage of profit-sharing arrangements with participating stores									50.00%
Revenue reduction due to profit-sharing obligation									$ 132,700,000	119,700,000	99,800,000
Rent expenses									$ 62,500,000	$ 57,900,000	$ 49,900,000
Common stock dividend declared, per share	$ 0.55	$ 0.55	$ 0.55	$ 0.46	$ 0.46	$ 0.46	$ 0.55	$ 0.46	$ 2.20	$ 1.84	$ 1.52
Common stock dividend declared, paid									$ 92,166,000	$ 84,298,000	$ 73,925,000
Interest paid									132,800,000	107,400,000	104,600,000
Cash paid for income taxes									71,700,000	122,600,000	74,300,000
Capital expenditure accrual									3,800,000	4,000,000	3,800,000
Capital lease									12,000,000
Adjustment to beginning retained deficit													$ 15,000,000
Contract liability, Current							$ 4,000,000	$ 1,400,000	4,000,000	1,400,000			2,400,000
Contract liability, Noncurrent							15,900,000	3,000,000	15,900,000	3,000,000			$ 12,600,000
Deferred tax asset							5,526,000	2,750,000	5,526,000	2,750,000
Deferred tax liability							35,697,000	29,817,000	35,697,000	29,817,000
Advertising fund assets, restricted							112,744,000	120,223,000	112,744,000	120,223,000
Revenues	$ 785,965,000	$ 779,396,000	$ 785,371,000	$ 643,642,000	$ 628,611,000	$ 624,217,000	$ 1,082,135,000	891,509,000	3,432,867,000	2,787,979,000	2,472,628,000
Amortization of Debt Issuance Costs									8,000,000	11,000,000	6,400,000
Debt issuance costs written off									$ 3,400,000	5,700,000	600,000
Percentage of royalty fee payable							5.50%		5.50%
Operating lease right use asset												$ 230,000,000
Liabilities assumed									$ 1,900,000
January One 2019 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							$ 4,000,000		4,000,000
January One 2020 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							3,100,000		3,100,000
January One 2021 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							2,800,000		2,800,000
January One 2022 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							2,500,000		2,500,000
January One 2023 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							2,200,000		2,200,000
January One Thereafter [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, Remaining Performance Obligation, Amount							5,300,000		$ 5,300,000
Domestic Stores [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Percentage of sales contribution									6.00%
Domestic Stores [Member] \| Domestic Company Owned Stores [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Cash contributed from company owned store							5,500,000		$ 5,500,000
Domestic Stores [Member] \| Domestic Franchise [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Advertising fund assets, restricted							107,200,000		107,200,000
Domestic Stores [Member] \| Domestic Franchise [Member] \| Cash And Investments [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Advertising fund assets, restricted							95,100,000		95,100,000
Domestic Stores [Member] \| Domestic Franchise [Member] \| Prepaid Expenses [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Advertising fund assets, restricted							2,300,000		2,300,000
Domestic Stores [Member] \| Domestic Franchise [Member] \| Accounts Receivable [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Advertising fund assets, restricted							15,300,000		15,300,000
International Franchise [Member] \| Alaska And Hawaii [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenues										2,600,000	2,300,000
Accounting Standards Update 2014-09 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Contract liability, Current								2,400,000		2,400,000
Contract liability, Noncurrent								12,600,000		12,600,000
Deferred tax asset								3,500,000		$ 3,500,000
Term of franchise store agreement										10 years
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets								6,400,000		$ 6,400,000
Deferred tax liability								1,600,000		1,600,000
Accounting Standards Update 2014-09 [Member] \| International Store Opening Fees [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets								15,000,000		15,000,000
Minimum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Owned and non-owned automobile liabilities							500,000		500,000
Maximum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Owned and non-owned automobile liabilities							3,000,000		3,000,000
2015 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs														$ 17,400,000
2017 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs								16,800,000		16,800,000
Debt issuance costs written off										5,500,000
Property Plant and Equipment [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Depreciation and amortization expense									$ 35,000,000	$ 29,600,000	$ 27,300,000
2018 Dividend [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Common stock dividend declared, per share									$ 2.20
Common stock dividend declared, paid									$ 92,200,000
2017 Dividend [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Common stock dividend declared, per share										$ 1.84
Common stock dividend declared, paid										$ 84,200,000
2016 Dividend [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Common stock dividend declared, per share											$ 1.52
Common stock dividend declared, paid											$ 74,000,000
Cash and Cash Equivalents Held for Future Interest Payment [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent							130,300,000	122,900,000	130,300,000	122,900,000
Cash Equivalents Held in Interest Reserve [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent							36,500,000	32,100,000	36,500,000	32,100,000
Cash Held as Collateral for Outstanding Letters of Credit [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent								36,700,000		36,700,000
Other Restricted Cash [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent							200,000	100,000	200,000	100,000
Advertising Fund Restricted Cash and Cash Equivalents [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalent							45,000,000	$ 27,300,000	45,000,000	$ 27,300,000
Class A-2 Notes [Member] \| 2015 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs														$ 17,400,000
Class A-2 Notes [Member] \| 2017 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs							16,800,000		16,800,000
Class A-2 Notes [Member] \| 2018 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs							$ 8,200,000		8,200,000
Class A-2 Notes [Member] \| 2012 Fixed Rate Notes [Member] \| 2018 Recapitalization [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt issuance costs written off									$ 3,200,000

Inventories (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Food	$ 42,921	$ 36,645
Equipment and supplies	3,054	3,316
Inventories	$ 45,975	$ 39,961

Estimated Useful Lives of Property Plant and Equipment Excluding Capital Lease Asset (Detail)	12 Months Ended
	Dec. 30, 2018
Building [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Leasehold and Other Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Leasehold and Other Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years

Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees (Detail) $ in Thousands	12 Months Ended
	Dec. 30, 2018 USD ($)
Revenue from Contract with Customer [Abstract]
Deferred franchise fees and deferred development fees at beginning of period	$ 19,404
Revenue recognized during the period	(5,235)
New deferrals due to cash received and other	5,731
Deferred franchise fees and deferred development fees at end of period	$ 19,900

New Accounting Pronouncements - Cumulative Effects of Changes Made to Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Other assets:
Deferred income taxes	$ 5,526	$ 2,750
Current liabilities:
Advertising fund liabilities	107,150	120,223
Other accrued liabilities	55,001	58,578
Long-term liabilities:
Other Accrued Liabilities, Noncurrent	40,807	21,751
Stockholders' deficit
Retained deficit	(3,036,471)	(2,739,437)
Accounting Standards Update 2014-09 [Member]
Other assets:
Deferred income taxes		3,500
Scenario, Previously Reported [Member]
Other assets:
Deferred income taxes	3,243	2,750
Current liabilities:
Advertising fund liabilities	112,744	120,223
Other accrued liabilities	52,396	58,578
Long-term liabilities:
Other Accrued Liabilities, Noncurrent	27,447	21,751
Stockholders' deficit
Retained deficit	$ (3,028,383)	(2,739,437)
Scenario As Restated [Member]
Other assets:
Deferred income taxes		4,628
Current liabilities:
Advertising fund liabilities		113,798
Other accrued liabilities		60,943
Long-term liabilities:
Other Accrued Liabilities, Noncurrent		34,390
Stockholders' deficit
Retained deficit		(2,746,138)
Adjustments for New Accounting Pronouncement [Member] \| Accounting Standards Update 2014-09 [Member]
Other assets:
Deferred income taxes		1,878
Current liabilities:
Advertising fund liabilities		(6,425)
Other accrued liabilities		2,365
Long-term liabilities:
Other Accrued Liabilities, Noncurrent		12,639
Stockholders' deficit
Retained deficit		$ (6,701)

New Accounting Pronouncements - Impact of Adoption on Company's Condensed Consolidated Statement of Income and Condensed Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	3 Months Ended						4 Months Ended		12 Months Ended
	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Revenues:
Revenues	$ 785,965	$ 779,396	$ 785,371	$ 643,642	$ 628,611	$ 624,217	$ 1,082,135	$ 891,509	$ 3,432,867	$ 2,787,979	$ 2,472,628
General and administrative									372,464	344,759	313,649
U.S. franchise advertising									358,526	0	0
Income from operations									571,689	521,232	454,042
Income before provision for income taxes	99,248	91,197	103,670	84,551	88,532	90,514	134,563	136,556	428,678	400,153	344,658
Provision for income taxes									66,706	122,248	129,980
Net income	$ 84,095	$ 77,408	$ 88,827	$ 56,368	$ 65,741	$ 62,469	111,642	93,327	361,972	277,905	214,678
Other assets:
Deferred income taxes							5,526	2,750	5,526	2,750
Current liabilities:
Advertising fund liabilities							107,150	120,223	107,150	120,223
Other accrued liabilities							55,001	58,578	55,001	58,578
Long-term liabilities:
Other accrued liabilities							40,807	21,751	40,807	21,751
Stockholders' deficit
Retained deficit							(3,036,471)	(2,739,437)	(3,036,471)	(2,739,437)
Adjustments for New Accounting Pronouncement [Member]
Revenues:
General and administrative									(17,056)
U.S. franchise advertising									358,526
Income from operations									(1,792)
Income before provision for income taxes									(1,792)
Provision for income taxes									(405)
Net income									(1,387)
Other assets:
Deferred income taxes							2,283		2,283
Current liabilities:
Advertising fund liabilities							(5,594)		(5,594)
Other accrued liabilities							2,605		2,605
Long-term liabilities:
Other accrued liabilities							13,360		13,360
Stockholders' deficit
Retained deficit							(8,088)		(8,088)
U S Stores [Member] \| U S Franchise Royalties and Fees [Member]
Revenues:
Revenues									391,493
U S Stores [Member] \| U S Franchise Royalties and Fees [Member] \| Adjustments for New Accounting Pronouncement [Member]
Revenues:
Revenues									(17,886)
U S Stores [Member] \| U S Franchise Advertising [Member]
Revenues:
Revenues									358,526
U.S. franchise advertising									358,526
U S Stores [Member] \| U S Franchise Advertising [Member] \| Adjustments for New Accounting Pronouncement [Member]
Revenues:
Revenues									358,526
International Franchise [Member] \| International Franchise Royalties and Fees [Member]
Revenues:
Revenues									224,747	206,708	$ 176,999
International Franchise [Member] \| International Franchise Royalties and Fees [Member] \| Adjustments for New Accounting Pronouncement [Member]
Revenues:
Revenues									(961)
Scenario, Previously Reported [Member]
Revenues:
General and administrative									389,520
Income from operations									573,481
Income before provision for income taxes									430,470
Provision for income taxes									67,111
Net income									363,359
Other assets:
Deferred income taxes							3,243	2,750	3,243	2,750
Current liabilities:
Advertising fund liabilities							112,744	120,223	112,744	120,223
Other accrued liabilities							52,396	58,578	52,396	58,578
Long-term liabilities:
Other accrued liabilities							27,447	21,751	27,447	21,751
Stockholders' deficit
Retained deficit							$ (3,028,383)	$ (2,739,437)	(3,028,383)	$ (2,739,437)
Scenario, Previously Reported [Member] \| U S Stores [Member] \| U S Franchise Royalties and Fees [Member]
Revenues:
Revenues									409,379
Scenario, Previously Reported [Member] \| International Franchise [Member] \| International Franchise Royalties and Fees [Member]
Revenues:
Revenues									$ 225,708

Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						4 Months Ended		12 Months Ended
	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Earnings Per Share [Abstract]
Net income available to common stockholders - basic and diluted	$ 84,095	$ 77,408	$ 88,827	$ 56,368	$ 65,741	$ 62,469	$ 111,642	$ 93,327	$ 361,972	$ 277,905	$ 214,678
Weighted average number of common shares									41,856,017	45,954,659	48,647,167
Earnings per common share - basic	$ 2.02	$ 1.84	$ 2.07	$ 1.22	$ 1.37	$ 1.31	$ 2.71	$ 2.17	$ 8.65	$ 6.05	$ 4.41
Diluted weighted average number of common shares									43,331,278	47,677,834	49,923,859
Earnings per common share - diluted	$ 1.95	$ 1.78	$ 2.00	$ 1.18	$ 1.32	$ 1.26	$ 2.62	$ 2.09	$ 8.35	$ 5.83	$ 4.30

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Earnings Per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	76,686	145,860	121,075
Restricted Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	81,545	110,274	134,113
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	28,570

Carrying Amounts and Fair Values of Certain Assets (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	$ 11,877	$ 7,933
Restricted cash equivalents, carrying amount	112,272	96,375
Investments in marketable securities, carrying amount	8,718	8,119
Advertising fund cash equivalents, restricted, carrying amount	31,547	19,945
Advertising fund investments, restricted, carrying amount	50,152	74,007
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	11,877	7,933
Restricted cash equivalents, carrying amount	112,272	96,375
Investments in marketable securities, carrying amount	8,718	8,119
Advertising fund cash equivalents, restricted, fair value	31,547	19,945
Advertising fund investments, restricted, fair value	$ 50,152	$ 74,007

Recapitalizations and Financing Arrangements - Additional Information (Detail) $ in Thousands			3 Months Ended	12 Months Ended
	Apr. 24, 2018 USD ($)	Jul. 24, 2017 USD ($)	Mar. 26, 2017	Dec. 30, 2018 USD ($)	Dec. 31, 2017 USD ($) Renewals	Jan. 01, 2017 USD ($)	Jan. 03, 2016 USD ($)	Aug. 02, 2017 USD ($)	Oct. 27, 2015 USD ($)	Oct. 21, 2015 USD ($)
Debt Instrument [Line Items]
Scheduled principal payments in year 2019				$ 35,893
Scheduled principal payments in year 2020				35,956
Scheduled principal payments in year 2021				36,026
Scheduled principal payments in year 2022				953,856
Scheduled principal payments in year 2023				27,195
Letters of credit				48,100	$ 46,700
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest					6,400
Company wrote-off In connection with the Recapitalization				3,400	5,700	$ 600
Interest expense				146,345	122,541	$ 110,069
ASR Agreement on August 03 2017 [Member]
Debt Instrument [Line Items]
Accelerated share repurchase, agreement amount					1,000,000			$ 1,000,000
Variable Funding note [Member]
Debt Instrument [Line Items]
Long-term Line of Credit, Noncurrent				65,000
2015 Notes [Member]
Debt Instrument [Line Items]
Principal payments on the Notes				492,500
2015 Class Five-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount					492,500
2015 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount				780,000	$ 788,000
2018 Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount	$ 425,000
Debt instrument, term	7 years 6 months
Debt instrument, stated percentage	4.116%
Gross proceeds from the issuance of debt	$ 825,000
Repayment of principal and interest				490,100
Principal payments on the Notes				4,100
Debt issuance costs				8,200
Series 2012-1 5.216% Fixed Rate Senior Secured Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio of total debt to earnings before interest, tax, depreciation amortization			4.5
Series 2012-1 5.216% Fixed Rate Senior Secured Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio of total debt to earnings before interest, tax, depreciation amortization			4.5
Series 2012-1 5.216% Fixed Rate Senior Secured Notes [Member] \| 2012 and 2015 Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Leverage ratio of total debt to earnings before interest, tax, depreciation amortization					4.5
2012 Recapitalization [Member]
Debt Instrument [Line Items]
Repayment of principal and interest					$ 910,500
2017 Recapitalization [Member]
Debt Instrument [Line Items]
Gross proceeds from the issuance of debt		$ 1,900,000
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest				3,800
Company wrote-off In connection with the Recapitalization					5,500
Interest expense				100	300
Other net 2015 Recapitalization-related general and administrative expenses				500	600
Debt issuance costs					$ 16,800
2017 Recapitalization [Member] \| 2017 Notes [Member]
Debt Instrument [Line Items]
Debt instrument, stated percentage					5.00%
Scheduled principal payments in year 2019				19,000
Scheduled principal payments in year 2020				19,000
Scheduled principal payments in year 2021				19,000
Scheduled principal payments in year 2022				871,800
Scheduled principal payments in year 2023				10,000
Scheduled principal payments in year 2024				10,000
Scheduled principal payments in year 2025				10,000
Scheduled principal payments in year 2026				10,000
Scheduled principal payments in year 2027				907,500
Principal payments on the Notes				19,000
2017 Recapitalization [Member] \| 2017 Variable Funding Notes [Member]
Debt Instrument [Line Items]
Interest rate spread					5.00%
Variable funding notes					$ 175,000
Number of renewals \| Renewals					2
Term of renewals					1 year
Letters of credit				65,000
Line of Credit, Current Borrowing Capacity				48,100
2017 Recapitalization [Member] \| 2017 Variable Funding Notes [Member] \| Libor Rate [Member]
Debt Instrument [Line Items]
Interest rate spread					1.80%
2017 Recapitalization [Member] \| 2017 Variable Funding Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Variable fund notes, unused portion, commitment fee percentage					50.00%
2017 Recapitalization [Member] \| 2017 Variable Funding Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Variable fund notes, unused portion, commitment fee percentage					100.00%
2017 Recapitalization [Member] \| 2017 Variable Funding Notes [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Variable funding notes				61,900
2017 Recapitalization [Member] \| 2017 Floating Rate Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount		$ 300,000
Debt instrument, term		5 years
Debt instrument interest rate description		The interest rate on the 2017 Floating Rate Notes is payable at a rate equal to LIBOR plus 125 basis points.
2017 Recapitalization [Member] \| 2017 Five-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount		$ 600,000
Debt instrument, stated percentage		3.082%
2017 Recapitalization [Member] \| 2017 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount		$ 1,000,000
Debt instrument, stated percentage		4.118%
2018 Recapitalization [Member] \| 2018 Notes [Member]
Debt Instrument [Line Items]
Scheduled principal payments in year 2019				8,300
Scheduled principal payments in year 2020				8,300
Scheduled principal payments in year 2021				8,300
Scheduled principal payments in year 2022				8,300
Scheduled principal payments in year 2023				8,300
Scheduled principal payments in year 2024				8,300
Scheduled principal payments in year 2025				401,400
Scheduled principal payments in year 2026				4,000
Scheduled principal payments in year 2027				$ 366,000
2015 Recapitalization [Member]
Debt Instrument [Line Items]
Debt instrument face amount										$ 1,300,000
Accelerated share repurchase, agreement amount									$ 600,000
Interest expense							$ 400
Other net 2015 Recapitalization-related general and administrative expenses							900
Debt issuance costs							17,400
Recapitalization expenses							8,100
Expenses related to write-offs of deferred financing fees, bond discount and interest rate swap related to extinguished debt							$ 6,900
2015 Recapitalization [Member] \| 2015 Notes [Member]
Debt Instrument [Line Items]
Debt instrument, stated percentage				5.00%
Scheduled principal payments in year 2019				$ 8,000
Scheduled principal payments in year 2020				8,000
Scheduled principal payments in year 2021				8,000
Scheduled principal payments in year 2022				8,000
Scheduled principal payments in year 2023				8,000
Scheduled principal payments in year 2024				8,000
Scheduled principal payments in year 2025				732,000
2015 Recapitalization [Member] \| 2015 Class Five-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount										$ 500,000
Debt instrument, stated percentage										3.484%
2015 Recapitalization [Member] \| 2015 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount										$ 800,000
Debt instrument, stated percentage										4.474%
2015 Recapitalization [Member] \| 2015 Variable Funding Notes [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Variable funding notes										$ 125,000
2018 A-2-II Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount	$ 400,000
Debt instrument, term	9 years 3 months
Debt instrument, stated percentage	4.328%
2018 Notes [Member]
Debt Instrument [Line Items]
Company wrote-off In connection with the Recapitalization				3,200
Debt issuance costs				8,200
2015 Ten Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal payments on the Notes				$ 8,000
2018 9.25 Year Fixed Rate Notes [Member] \| 2018 Notes [Member]
Debt Instrument [Line Items]
Debt instrument, stated percentage				5.00%

Consolidated Long-Term Debt (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Long Term Debt And Other Financing Arrangement [Line Items]
Capital lease obligations	$ 17,006	$ 5,437
Debt issuance costs, net of accumulated amortization of $8.2 million in 2018 and $6.8 million in 2017	(27,547)	(27,373)
Total debt	3,531,584	3,153,814
Less - current portion	35,893	32,324
Consolidated long-term debt, net of debt issuance costs	3,495,691	3,121,490
3.484% Class A-2-I Notes; repaid in connection with the 2018 Recapitalization
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes		492,500
4.474% Class A-2-II Notes; expected repayment date October 2025; legal final maturity October 2045 [Member]
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	780,000	788,000
3.082% Class A-2-II Notes; expected repayment date July 2022; legal final maturity July 2047 [Member]
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	592,500	598,500
4.118% Class A-2-III Notes; expected repayment date July 2027; legal final maturity July 2047 [Member]
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	987,500	997,500
Floating Rate Class A-2-I Notes; expected repayment date July 2022; legal final maturity July 2047 [Member]
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	296,250	299,250
4.116% Class A-2-I Notes; expected repayment date October 2025; legal final maturity July 2048
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	422,875
4.328% Class A-2-II Notes; expected repayment date July 2027; legal final maturity July 2048
Long Term Debt And Other Financing Arrangement [Line Items]
Senior notes	398,000
2017 Variable Funding Notes [Member]
Long Term Debt And Other Financing Arrangement [Line Items]
Variable Funding Notes	$ 65,000	$ 0

Maturities of Long-Term Debt and Capital Lease Obligations (Detail) $ in Thousands	Dec. 30, 2018 USD ($)
Debt Disclosure [Abstract]
2019	$ 35,893
2020	35,956
2021	36,026
2022	953,856
2023	27,195
Thereafter	2,470,205
Maturities of long term debt and capital obligations, Total	$ 3,559,131

Schedule of Estimated Fair Value (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
2015 Class Five-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount		$ 492,500
Fair Value		494,470
2015 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 780,000	788,000
Fair Value	783,120	821,884
2017 Five-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	592,500	598,500
Fair Value	575,910	592,515
2017 Ten-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	987,500	997,500
Fair Value	956,888	1,023,435
2017 Five-Year Floating Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	296,250	299,250
Fair Value	295,065	$ 300,746
2018 7.5-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	422,875
Fair Value	416,955
2018 9.25-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	398,000
Fair Value	$ 396,010

Future Minimum Rental Commitments for All Non-Cancelable Leases (Detail) $ in Thousands	Dec. 30, 2018 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019, Operating Leases	$ 40,752
2020, Operating Leases	37,519
2021, Operating Leases	34,538
2022, Operating Leases	30,763
2023, Operating Leases	27,388
Thereafter, Operating Leases	100,310
Total future minimum rental commitments, Operating Leases	271,270
2019, Capital Leases	2,396
2020, Capital Leases	2,415
2021, Capital Leases	2,433
2022, Capital Leases	2,451
2023, Capital Leases	2,474
Thereafter, Capital Leases	23,781
Total future minimum rental commitments, Capital Leases	35,950
Less - amounts representing interest, Capital Leases	(18,944)
Total principal payable on capital leases	17,006
2019, Operating and Capital Leases	43,148
2020, Operating and Capital Leases	39,934
2021,Operating and Capital Leases	36,971
2022, Operating and Capital Leases	33,214
2023, Operating and Capital Leases	29,862
Thereafter, Operating and Capital Leases	124,091
Total future minimum rental commitments, Operating and Capital Leases	$ 307,220

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Feb. 14, 2011	Dec. 30, 2018
Commitment And Contingencies [Line Items]
Future minimum rental commitments		$ 271,270
Operating Lease [Member]
Commitment And Contingencies [Line Items]
Future minimum rental commitments		$ 39,100
Lease terms		15 years
Finance Lease [Member]
Commitment And Contingencies [Line Items]
Future minimum rental commitments		$ 28,700
Lease terms		15 years
Yvonne Wiederhold [Member]
Commitment And Contingencies [Line Items]
Amount delivered for plaintiff	$ 10,100
Percentage liable by company for plaintiff	90.00%
Litigation settlement, amount	$ 8,900

Income Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Income Tax Disclosure [Abstract]
U.S.	$ 414,804	$ 386,989	$ 334,892
Foreign	13,874	13,164	9,766
Income before provision for income taxes	$ 428,678	$ 400,153	$ 344,658

Differences Between Statutory Income Tax Provision and Consolidated Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Federal income tax provision based on the statutory rate	$ 90,022	$ 140,054	$ 120,630
State and local income taxes, net of related Federal income taxes	14,233	11,520	9,787
Non-resident withholding and foreign income taxes	21,369	20,210	17,275
Foreign tax and other tax credits	(25,301)	(23,324)	(20,049)
Foreign derived intangible income	(11,760)
Excess tax benefits from equity-based compensation	(23,786)	(27,227)
Non-deductible expenses, net	1,999	1,794	1,579
Unrecognized tax provision (benefit), net of related Federal income taxes	301	(173)	(98)
Other	(371)	(606)	856
Provision for income taxes	$ 66,706	$ 122,248	$ 129,980

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017	Jan. 03, 2016
Schedule Of Income Taxes [Line Items]
Provision for income taxes	$ 66,706	$ 122,248	$ 129,980
Unrecognized tax benefits	1,964	1,837	$ 1,954	$ 2,115
Unrecognized tax benefits that would impact effective tax rate	1,800	1,500
Unrecognized tax benefits, interest on income taxes accrued	$ 100	$ 100
Corporate income tax rate	21.00%	35.00%	35.00%
Foreign tax credit carry forward	$ 4,600	$ 0
Accounting Standards Update 2016-09 [Member]
Schedule Of Income Taxes [Line Items]
Provision for income taxes	$ 23,800	$ 27,200

Components of Consolidated Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Income Tax Disclosure [Abstract]
Current provision	$ 33,558	$ 81,747	$ 100,673
Deferred provision (benefit)	(1,543)	6,732	(3,096)
Total provision for Federal income taxes	32,015	88,479	97,577
Current provision	12,651	14,131	15,091
Deferred provision (benefit)	671	(572)	37
Total provision for state and local income taxes	13,322	13,559	15,128
Provision for non-resident withholding and foreign income taxes	21,369	20,210	17,275
Provision for income taxes	$ 66,706	$ 122,248	$ 129,980

Significant Components of Net Deferred Income Taxes (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Insurance reserves	$ 10,253	$ 9,957
Equity compensation	9,705	9,277
Other accruals and reserves	10,636	8,532
Foreign tax credit	4,600	0
Other	6,029	4,801
Total deferred income tax assets	41,223	32,567
Depreciation, amortization and asset basis differences	10,505	4,655
Capitalized software	25,192	22,248
Gain on debt extinguishments		2,914
Total deferred income tax liabilities	35,697	29,817
Net deferred income taxes	$ 5,526	$ 2,750

Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Income Tax Disclosure [Abstract]
Balance, beginning	$ 1,837	$ 1,954	$ 2,115
Additions for tax positions of current year	425	224	209
Additions for tax positions of prior years	115	42
Changes in prior year tax positions	(64)	(10)	(33)
Lapses of applicable statute of limitations	(349)	(373)	(337)
Balance, ending	$ 1,964	$ 1,837	$ 1,954

Employee Benefits - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Nonqualified Deferred Compensation Plan [Member] \| Base Salary [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of defer on compensation		40.00%
Nonqualified Deferred Compensation Plan [Member] \| Bonus Compensation [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of defer on compensation		80.00%
401(K) [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plans, general information		The Company has a retirement savings plan which qualifies under Internal Revenue Code Section 401(k). All employees of the Company who have completed 1,000 hours of service and are at least 18 years of age are eligible to participate in the plan.
Service period of employees to be eligible for participation under the retirement savings plan (in hours)		1000 hours
Plan requires to match elective deferrals, higher		100.00%
Employee's elective deferrals higher percentage		3.00%
Plan requires to match elective deferrals, lower		50.00%
Employee's elective deferrals lower percentage		2.00%
Contributions to the plan, value		$ 7.3	$ 6.1	$ 5.2
401(K) [Member] \| Scenario, Forecast [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan requires to match elective deferrals, higher	100.00%
Employee's elective deferrals higher percentage	5.00%
Employee Stock Purchase Discount Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contributions to the plan, value		$ 0.7	$ 0.7	$ 0.5
Percentage of wages deduction from eligible employees		15.00%
Percentage of face value on stock purchase		85.00%
Shares purchased on the open market		19,494	21,744	23,317
Weighted-average price of shares purchased on the open market		$ 249.57	$ 188.57	$ 131.74

Financial Instruments With Off-Balance Sheet Risk - Additional Information (Detail) - USD ($)	Dec. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Letters of credit	$ 48,100,000	$ 46,700,000
Potential future payments	$ 2,400,000	$ 1,500,000

Equity Incentive Plans - Additional Information (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 30, 2018

Dec. 31, 2017

Jan. 01, 2017

Jan. 03, 2016

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Non-cash compensation expense

$ 22,792

$ 20,713

$ 18,564

Deferred tax benefit related to non-cash compensation expense

$ 4,000

$ 5,200

Stock options outstanding

1,909,399

2,238,114

2,498,310

3,323,476

Total intrinsic value of stock options exercised

$ 91,200

$ 62,000

$ 128,000

Cash received from exercise of stock options

9,832

6,099

15,234

Tax benefit realized from stock options exercised

$ 22,000

$ 23,000

$ 46,100

Restricted stock granted

^[1]

91,430

72,250

97,650

General and Administrative Expense [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Non-cash compensation expense

$ 6,300

$ 6,800

$ 4,900

Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Unrecognized compensation cost

$ 7,800

Weighted average period over which the unrecognized compensation will be recognized

2 years 9 months 18 days

Performance Based Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Non-cash compensation expense

$ 14,600

$ 13,100

$ 12,800

Unrecognized compensation cost

$ 27,200

Employees [Member] | Performance Based Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted stock granted

59,070

67,840

90,730

Board of Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted stock granted

3,790

4,410

6,920

2004 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares authorized

15,600,000

Number of shares available for grant

2,708,278

Stock options outstanding

1,909,399

Restricted Stock Units (RSUs) [Member] | Board of Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Non-cash compensation expense

$ 800

$ 900

Restricted Stock Units (RSUs) [Member] | Board of Directors [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Unrecognized compensation cost

100

Restricted Stock Units (RSUs) [Member] | Executive Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Non-cash compensation expense

$ 1,100

Restricted stock granted

28,570

Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options

$ 7,000

[1]

Stock Options Activity Related to Equity Incentive Plans (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Common Stock Options Outstanding
Common Stock Options, beginning balance	2,238,114	2,498,310	3,323,476
Common Stock Options, granted	96,580	126,720	233,280
Common Stock Options, cancelled	(11,193)	(28,991)	(12,798)
Common Stock Options, exercised	(414,102)	(357,925)	(1,045,648)
Common Stock Options, ending balance	1,909,399	2,238,114	2,498,310
Common Stock Options, Exercisable at end of period	1,698,583
Common Stock Options Weighted Average Exercise Price
Weighted Average Exercise Price, beginning balance	$ 55.94	$ 43.54	$ 28.57
Weighted Average Exercise Price, Stock options granted	266.11	201.19	129.42
Weighted Average Exercise Price, Stock options cancelled	174.63	101.97	104.23
Weighted Average Exercise Price, Stock options exercised	23.74	17.05	14.38
Weighted Average Exercise Price, ending balance	72.86	$ 55.94	$ 43.54
Weighted Average Exercise Price, Exercisable at end of period	$ 56.40
Weighted Average Remaining Life (Years)	4 years 6 months
Weighted Average Remaining Life (Years), Exercisable at end of period	4 years
Stock options, Aggregate Intrinsic Value, ending balance	$ 340,555
Stock options, Aggregate Intrinsic Value, Exercisable at end of period	$ 328,788

Stock Options Valuation Assumptions (Detail) - $ / shares	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	2.70%	2.00%	1.30%
Expected life (years)	5 years 6 months	5 years 6 months	5 years 6 months
Expected volatility	24.20%	25.80%	26.00%
Expected dividend yield	0.80%	0.90%	1.20%
Weighted average fair value per stock option	$ 67.65	$ 49.57	$ 29.59

Restricted Stock and Performance-Based Restricted Stock Activity Related to Equity Incentive Plans (Detail) - $ / shares

12 Months Ended

Dec. 30, 2018

Dec. 31, 2017

Jan. 01, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Restricted Stock, Nonvested Shares at beginning of period

194,604

276,220

316,332

Restricted Stock, Nonvested Shares granted

^[1]

91,430

72,250

97,650

Restricted Stock, Nonvested Shares cancelled

(12,692)

(16,109)

(13,970)

Restricted Stock, Nonvested Shares vested

(82,963)

(137,757)

(123,792)

Restricted Stock, Nonvested Shares at end of period

190,379

194,604

276,220

Weighted Average Grant Date Fair Value at beginning of period

$ 147.94

$ 97.48

$ 75.74

Weighted Average Grant Date Fair Value, granted

^[1]

271.33

205.21

131.75

Weighted Average Grant Date Fair Value, cancelled

178.06

115.71

88.34

Weighted Average Grant Date Fair Value, vested

128.57

80.55

70.39

Weighted Average Grant Date Fair Value at end of period

$ 213.57

$ 147.94

$ 97.48

[1]

Capital Structure - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended	3 Months Ended	12 Months Ended
	Feb. 14, 2019	Mar. 27, 2016	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017	Mar. 25, 2018	Aug. 02, 2017	Oct. 27, 2015
Components Of Common Stock [Line Items]
Share repurchase program, approved amount						$ 750,000
Common stock repurchased and retired (in shares)			2,387,430	5,576,249	2,816,716
Repurchased common stock, value			$ 591,212	$ 1,064,253	$ 300,250
Stock repurchase remaining authorized repurchase amount			$ 158,800
Common stock, shares authorized			170,000,000	170,000,000
Subsequent Event [Member]
Components Of Common Stock [Line Items]
Common stock repurchased and retired (in shares)	33,549
Common Stock Repurchased and Retired (Per Share)	$ 242.74
Retired Stock Repurchased Value	$ 8,100
ASR Agreement on August 03 2017 [Member]
Components Of Common Stock [Line Items]
Accelerated share repurchase agreement				$ 1,000,000			$ 1,000,000
Common stock repurchased and retired (in shares)			5,218,670
Common stock repurchased and retired, average price			$ 191.62
ASR Agreement on October 27 2015 [Member]
Components Of Common Stock [Line Items]
Common stock repurchased and retired (in shares)		456,936
Voting [Member]
Components Of Common Stock [Line Items]
Common stock, shares authorized			160,000,000
Non-Voting [Member]
Components Of Common Stock [Line Items]
Common stock, shares authorized			10,000,000
2017 Recapitalization [Member]
Components Of Common Stock [Line Items]
Share repurchase program, approved amount			$ 750,000
2017 Recapitalization [Member] \| ASR Agreement on August 03 2017 [Member]
Components Of Common Stock [Line Items]
Stock Repurchased During Period Value			$ 1,000,000
2015 Recapitalization [Member]
Components Of Common Stock [Line Items]
Accelerated share repurchase agreement								$ 600,000

Share Components of Outstanding Common Stock (Detail) - shares	Dec. 30, 2018	Dec. 31, 2017
Components Of Common Stock [Line Items]
Total Common Stock	40,977,561	42,898,329
Voting [Member]
Components Of Common Stock [Line Items]
Total Common Stock	40,974,200	42,881,905
Non-Voting [Member]
Components Of Common Stock [Line Items]
Total Common Stock	3,361	16,424

Segment Information - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 30, 2018 USD ($) Segment	Dec. 31, 2017 USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| Segment	3
Recognition Of Revenue	$ 358,500
Advertising Fund Assets, Restricted	$ 112,744	$ 120,223

Financial Information by Operating Segment (Detail) - USD ($)
$ in Thousands

3 Months Ended

4 Months Ended

12 Months Ended

Sep. 09, 2018

Jun. 17, 2018

Mar. 25, 2018

Sep. 10, 2017

Jun. 18, 2017

Mar. 26, 2017

Dec. 30, 2018

Dec. 31, 2017

Dec. 30, 2018

Dec. 31, 2017

Jan. 01, 2017

Segment Reporting Information [Line Items]

Revenues

$ 785,965

$ 779,396

$ 785,371

$ 643,642

$ 628,611

$ 624,217

$ 1,082,135

$ 891,509

$ 3,432,867

$ 2,787,979

$ 2,472,628

Segment Income

643,941

583,788

511,609

Income from Operations

571,689

521,232

454,042

Capital Expenditures

119,674

90,257

61,537

Supply Chain [Member]

Segment Reporting Information [Line Items]

Revenues

1,943,297

1,739,038

1,544,345

Operating Segments [Member] | U.S. Stores [Member]

Segment Reporting Information [Line Items]

Revenues

^[1]

1,264,823

842,233

751,284

Segment Income

^[1]

335,989

306,406

271,794

Income from Operations

^[1]

329,044

298,852

261,826

Capital Expenditures

^[1]

15,717

20,579

18,225

Operating Segments [Member] | Supply Chain [Member]

Segment Reporting Information [Line Items]

Revenues

2,087,408

1,874,943

1,669,000

Segment Income

176,714

163,077

144,130

Income from Operations

162,392

151,622

133,745

Capital Expenditures

61,652

34,123

11,527

Operating Segments [Member] | International Franchise [Member]

Segment Reporting Information [Line Items]

Revenues

^[2]

224,747

206,708

176,999

Segment Income

^[2]

174,700

161,263

138,487

Income from Operations

^[2]

174,503

161,066

138,306

Capital Expenditures

^[2]

134

642

Intersegment Revenues [Member]

Segment Reporting Information [Line Items]

Revenues

(144,111)

(135,905)

(124,655)

Segment Reconciling [Member]

Segment Reporting Information [Line Items]

Segment Income

(43,462)

(46,958)

(42,802)

Income from Operations

(94,250)

(90,308)

(79,835)

Capital Expenditures

$ 42,171

$ 35,527

$ 31,143

[1]

The adoption of ASC 606 in 2018 resulted in the recognition of $358.5 million in revenue in 2018 related to U.S. franchise contributions to DNAF. In prior years, under accounting standards in effect at that time, the Company had presented these contributions net with the related disbursements in its consolidated statement of income. Refer to Note 1 to the consolidated financial statements for additional information related to the adoption of this new accounting standard.

[2]

In 2018, the Company began managing its franchised stores in Alaska and Hawaii as part of its U.S. Stores segment. Prior to 2018, store counts, retail sales and royalty revenues from these franchised stores were included in the Company’s international operations in the table above. Consolidated results of the Company have not been impacted by this change and prior year amounts have not been reclassified to conform to the current year presentation due to immateriality.

Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Segment Reconciliation [Abstract]
Total Segment Income	$ 643,941	$ 583,788	$ 511,609
Depreciation and amortization	(53,665)	(44,369)	(38,140)
Gain (loss) on sale/disposal of assets	4,737	3,148	(863)
Non-cash compensation expense	(22,792)	(20,713)	(18,564)
Recapitalization-related expenses	(532)	(622)
Income from operations	571,689	521,232	454,042
INTEREST INCOME	3,334	1,462	685
Interest expense	(146,345)	(122,541)	(110,069)
Income before provision for income taxes	$ 428,678	$ 400,153	$ 344,658

Identifiable Asset Information (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	$ 907,385	$ 836,753
U.S. Stores [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	211,554	216,994
U.S. Supply Chain [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	283,351	206,059
Total U.S. Assets [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	494,905	423,053
International Franchise [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	21,094	19,728
International Supply Chain [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	24,049	24,925
Total International Assets [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	45,143	44,653
Segment Reconciling [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Asset	$ 367,337	$ 369,047

Goodwill (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Goodwill	$ 14,919	$ 15,423
U.S. Stores [Member]
Segment Reporting Information [Line Items]
Goodwill	13,852	14,356
Supply Chain [Member]
Segment Reporting Information [Line Items]
Goodwill	$ 1,067	$ 1,067

Sale and Closure of Company-Owned Stores - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 30, 2018 USD ($) Store	Dec. 31, 2017 USD ($) Store	Jan. 01, 2017 USD ($) Store
Sales Concentration [Line Items]
Number of company-owned stores sold \| Store	12	17
Pre-tax gain on sale of assets, net of goodwill reduction, charged to general and administrative expenses	$ 5,900	$ 4,000
Reduction of goodwill related to sale of stores	400	600
Proceeds from sale of assets	8,367	6,835	$ 4,936
Number of stores closed \| Store			1
Reduction of goodwill related to restructuring			$ 100
Franchisee [Member]
Sales Concentration [Line Items]
Pre-tax gain on sale of assets, net of goodwill reduction, charged to general and administrative expenses	100
Reduction of goodwill related to sale of stores	100
Proceeds from sale of assets	$ 300
Number of stores closed \| Store	2
Discontinued Operations Disposed of by Sale Two Thousand Seventeen [Member]
Sales Concentration [Line Items]
Proceeds from sale of assets		$ 6,800
Discontinued Operations Disposed of by Sale Two Thousand Eighteen [Member]
Sales Concentration [Line Items]
Proceeds from sale of assets	$ 7,900

Periodic Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						4 Months Ended		12 Months Ended
	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Quarterly Financial Data [Abstract]
Total revenues	$ 785,965	$ 779,396	$ 785,371	$ 643,642	$ 628,611	$ 624,217	$ 1,082,135	$ 891,509	$ 3,432,867	$ 2,787,979	$ 2,472,628
Operating margin	295,279	293,580	299,865	198,478	192,845	193,816	413,955	280,852	1,302,679	865,991	767,691
Income before provision for income taxes	99,248	91,197	103,670	84,551	88,532	90,514	134,563	136,556	428,678	400,153	344,658
Net income	$ 84,095	$ 77,408	$ 88,827	$ 56,368	$ 65,741	$ 62,469	$ 111,642	$ 93,327	$ 361,972	$ 277,905	$ 214,678
Earnings per common share - basic	$ 2.02	$ 1.84	$ 2.07	$ 1.22	$ 1.37	$ 1.31	$ 2.71	$ 2.17	$ 8.65	$ 6.05	$ 4.41
Earnings per common share - diluted	1.95	1.78	2.00	1.18	1.32	1.26	2.62	2.09	8.35	5.83	4.30
Common stock dividends declared per share	$ 0.55	$ 0.55	$ 0.55	$ 0.46	$ 0.46	$ 0.46	$ 0.55	$ 0.46	$ 2.20	$ 1.84	$ 1.52

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	2 Months Ended	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 14, 2019	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Subsequent Event [Line Items]
Dividends declared per share		$ 0.55	$ 0.55	$ 0.55	$ 0.46	$ 0.46	$ 0.46	$ 0.55	$ 0.46	$ 2.20	$ 1.84	$ 1.52
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends declared per share	$ 0.65
Dividend declaration date	Feb. 20, 2019
Record date of dividend	Mar. 15, 2019
Dividend payable date	Mar. 29, 2019
Borrowings Repaid	$ 15.0
Outstanding Borrowings Amount	$ 50.0

Parent Company Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017	Jan. 03, 2016
ASSETS:
Cash	$ 25,438	$ 35,768	$ 42,815	$ 133,449
Total assets	907,385	836,753
LIABILITIES:
Total liabilities	3,947,306	3,572,137
STOCKHOLDERS' DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 40,977,561 in 2018 and 42,898,329 in 2017 issued and outstanding	410	429
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued
Additional paid-in capital	569	5,654
Retained deficit	(3,036,471)	(2,739,437)
Accumulated other comprehensive loss	(4,429)	(2,030)
Total stockholders' deficit	(3,039,921)	(2,735,384)
Total liabilities and stockholders' deficit	907,385	836,753
Parent Company [Member]
ASSETS:
Cash	6	6	$ 6	$ 6
Total assets	6	6
LIABILITIES:
Equity in net deficit of subsidiaries	3,039,921	2,735,384
Due to subsidiary	6	6
Total liabilities	3,039,927	2,735,390
STOCKHOLDERS' DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 40,977,561 in 2018 and 42,898,329 in 2017 issued and outstanding	410	429
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued
Additional paid-in capital	569	5,654
Retained deficit	(3,036,471)	(2,739,437)
Accumulated other comprehensive loss	(4,429)	(2,030)
Total stockholders' deficit	(3,039,921)	(2,735,384)
Total liabilities and stockholders' deficit	$ 6	$ 6

Parent Company Condensed Balance Sheets (Parenthetical) (Detail) - $ / shares	Dec. 30, 2018	Dec. 31, 2017
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	170,000,000	170,000,000
Common stock, shares issued	40,977,561	42,898,329
Common stock, shares outstanding	40,977,561	42,898,329
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Parent Company [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	170,000,000	170,000,000
Common stock, shares issued	40,977,561	42,898,329
Common stock, shares outstanding	40,977,561	42,898,329
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0

Parent Company Condensed Statements of Income and Comprehensive Income (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						4 Months Ended		12 Months Ended
	Sep. 09, 2018	Jun. 17, 2018	Mar. 25, 2018	Sep. 10, 2017	Jun. 18, 2017	Mar. 26, 2017	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Total revenues	$ 785,965	$ 779,396	$ 785,371	$ 643,642	$ 628,611	$ 624,217	$ 1,082,135	$ 891,509	$ 3,432,867	$ 2,787,979	$ 2,472,628
INCOME FROM OPERATIONS									571,689	521,232	454,042
Income before provision for income taxes	99,248	91,197	103,670	84,551	88,532	90,514	134,563	136,556	428,678	400,153	344,658
PROVISION FOR INCOME TAXES									66,706	122,248	129,980
NET INCOME	$ 84,095	$ 77,408	$ 88,827	$ 56,368	$ 65,741	$ 62,469	$ 111,642	$ 93,327	361,972	277,905	214,678
COMPREHENSIVE INCOME									$ 359,924	$ 278,985	$ 215,116
EARNINGS PER SHARE:
Common Stock - basic	$ 2.02	$ 1.84	$ 2.07	$ 1.22	$ 1.37	$ 1.31	$ 2.71	$ 2.17	$ 8.65	$ 6.05	$ 4.41
Common Stock - diluted	$ 1.95	$ 1.78	$ 2.00	$ 1.18	$ 1.32	$ 1.26	$ 2.62	$ 2.09	$ 8.35	$ 5.83	$ 4.30
Parent Company [Member]
REVENUES									$ 0	$ 0	$ 0
Total revenues									0	0	0
OPERATING EXPENSES									0	0	0
Total operating expenses									0	0	0
INCOME FROM OPERATIONS									0	0	0
Equity earnings in subsidiaries									361,972	277,905	214,678
Income before provision for income taxes									361,972	277,905	214,678
PROVISION FOR INCOME TAXES									0	0	0
NET INCOME									361,972	277,905	214,678
COMPREHENSIVE INCOME									$ 359,924	$ 278,985	$ 215,116
EARNINGS PER SHARE:
Common Stock - basic									$ 8.65	$ 6.05	$ 4.41
Common Stock - diluted									$ 8.35	$ 5.83	$ 4.30

Parent Company Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities	$ 394,171	$ 341,261	$ 292,460
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by investing activities	(88,257)	(83,738)	(55,280)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of common stock dividends	(92,166)	(84,298)	(73,925)
Purchase of common stock	(591,212)	(1,064,253)	(300,250)
Other	0	(205)	0
Net cash used in financing activities	(322,803)	(197,145)	(375,792)
Cash and cash equivalents, beginning of period	35,768	42,815	133,449
Cash and cash equivalents, end of period	25,438	35,768	42,815
Parent Company [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities	382,716	299,576	281,731
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividends from subsidiaries	297,792	852,325	82,856
Net cash provided by investing activities	297,792	852,325	82,856
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of common stock dividends	(92,166)	(84,298)	(73,925)
Purchase of common stock	(591,212)	(1,064,253)	(300,250)
Other	2,870	(3,350)	9,588
Net cash used in financing activities	(680,508)	(1,151,901)	(364,587)
CHANGE IN CASH AND CASH EQUIVALENTS	0	0	0
Cash and cash equivalents, beginning of period	6	6	6
Cash and cash equivalents, end of period	$ 6	$ 6	$ 6

Condensed Financial Information of The Registrant - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 30, 2018 USD ($)
Condensed Financial Statements, Captions [Line Items]
Reclassification From Accumulated Other Comprehensive Loss	$ (0.4)
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Adjustment To Equity In Net Deficit Of Subsidiaries	6.7
Adjustment To Retained Deficit	$ 6.7