Sonic corp (SONC)
Balance Sheet / TTM
Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
ASSETS
Current assets:
Cash and cash equivalents

39,835

44,869

64,238

23,532

22,340

52,050

33,890

41,090

72,092

99,362

36,106

36,821

27,191

22,922

27,232

45,221

35,694

34,840

35,117

95,893

77,896

53,554

42,487

42,730

52,647

41,672

33,949

27,078

29,509

38,865

29,678

96,576

86,036

Restricted cash

19,598

15,017

10,367

14,808

19,736

11,136

8,397

8,406

15,873

10,875

8,551

7,872

13,246

9,972

7,420

7,792

13,208

9,806

8,589

6,894

11,823

8,899

7,320

8,092

10,200

10,351

7,215

10,566

12,850

12,645

8,358

8,993

12,546

Accounts and notes receivable, net

34,967

37,571

32,073

35,844

33,758

40,361

28,064

31,445

35,437

38,162

29,970

32,070

31,577

33,616

26,827

28,089

32,833

38,608

24,732

26,238

29,142

32,479

24,574

23,742

27,073

24,411

21,090

22,041

24,558

34,539

25,756

22,444

25,463

Current investment in direct financing lease

-

-

-

-

-

-

16,001

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,559

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

6,481

6,678

11,809

12,531

5,455

14,409

8,488

18,191

4,713

8,922

8,467

9,095

5,544

11,863

8,876

9,181

5,917

11,108

11,397

11,460

5,032

14,825

15,272

14,652

4,399

10,805

11,929

12,768

4,523

10,314

4,998

6,021

3,917

Inventories

1,774

-

-

-

2,343

-

-

-

3,321

-

-

-

3,824

-

-

-

3,349

-

-

-

3,678

-

-

-

3,289

-

-

-

3,503

-

3,452

3,586

3,674

Income taxes receivable

-

-

-

-

-

-

-

-

-

818

1,930

848

-

1,734

8,365

61

1,887

4,773

7,949

232

7,728

1,191

6,455

-

-

10,707

17,026

10,164

12,776

-

-

-

-

Property held for sale

1,310

-

-

-

5,150

-

-

-

5,299

13,426

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

464

-

3,523

-

402

-

-

-

922

-

-

-

4,056

-

-

-

2,824

-

-

-

5,423

-

-

-

9,543

-

-

-

5,738

-

-

-

2,292

Total current assets

104,429

104,135

122,010

86,715

89,184

117,956

94,840

99,132

137,657

171,565

85,024

86,706

85,438

80,107

78,720

90,344

95,712

99,135

87,784

140,717

140,722

110,948

96,108

122,775

107,151

97,946

91,209

82,617

93,457

96,363

72,242

137,620

133,928

Noncurrent restricted cash

7,909

13,457

8,729

41,382

42,120

124

124

128

140

151

6,465

6,493

6,524

6,556

6,587

6,619

6,652

6,684

6,717

6,749

6,791

7,760

7,807

7,855

7,903

7,963

8,011

8,059

8,108

8,157

7,348

9,465

9,685

Investment in direct financing leases

11,391

-

-

-

11,853

11,611

11,687

23,830

9,859

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable, net

10,932

18,238

14,128

10,905

9,801

10,077

10,236

12,569

12,562

9,888

6,701

7,567

7,216

6,770

6,448

7,898

8,155

7,481

7,868

9,334

10,013

11,613

12,603

11,406

11,641

14,606

10,805

11,171

11,086

13,401

9,608

8,910

8,824

Property, equipment and capital leases

-

605,594

621,930

618,426

-

632,092

701,609

711,311

-

759,366

788,067

785,049

-

786,796

781,059

773,331

-

-

-

-

-

-

-

-

-

-

-

-

-

760,329

758,462

757,443

-

Less accumulated depreciation and amortization

-

304,724

311,807

312,519

-

304,565

342,490

347,252

-

367,737

376,841

368,399

-

356,488

346,381

336,563

-

-

-

-

-

-

-

-

-

-

-

-

-

288,668

282,781

275,538

-

Property, equipment and capital leases, net

298,222

300,870

310,123

305,907

312,380

327,527

359,119

364,059

392,380

391,629

411,226

416,650

421,406

430,308

434,678

436,768

441,969

767,098

755,659

733,968

399,661

728,770

718,025

707,516

-

759,271

756,837

765,460

-

471,661

475,681

481,905

489,264

Less accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

338,666

340,325

337,202

-

327,802

320,142

308,452

-

314,327

306,429

305,663

-

-

-

-

-

Property, equipment and capital leases, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

428,432

415,334

396,766

-

400,968

397,883

399,064

443,008

444,944

450,408

459,797

464,875

-

-

-

-

Goodwill

75,344

75,344

75,733

75,756

75,756

75,761

75,763

76,266

76,734

76,436

76,937

77,039

77,076

77,066

77,066

77,001

77,093

77,093

77,093

77,093

77,093

77,100

76,997

76,997

76,997

76,996

77,184

81,625

81,625

81,198

81,197

81,496

82,089

Debt origination costs, net

1,191

1,299

1,407

2,274

2,439

2,603

2,767

2,928

3,093

14,996

-

-

7,056

-

-

-

-

-

-

-

-

8,290

8,885

9,913

10,555

11,202

11,855

12,511

13,124

16,342

4,554

5,352

6,176

Other intangibles, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,157

4,298

4,391

-

Other assets, net

21,716

32,203

29,406

29,974

18,211

18,175

17,128

14,404

16,236

15,001

20,394

21,662

15,308

22,178

22,313

22,987

21,391

22,534

23,827

25,922

26,514

25,825

24,380

28,797

23,505

13,057

12,774

8,113

7,467

-

3,092

2,601

7,354

Total assets

531,134

545,546

561,536

552,913

561,744

563,834

571,664

593,316

648,661

679,666

606,747

616,117

620,024

622,985

625,812

641,617

650,972

641,359

618,623

656,581

660,794

642,504

624,663

656,807

680,760

666,714

662,246

663,893

679,742

691,279

658,020

731,740

737,320

LIABILITIES AND STOCKHOLDERS DEFICIT
Current liabilities:
Accounts payable

10,338

11,649

10,569

10,911

9,213

11,142

12,896

18,062

14,372

17,873

15,337

19,362

13,860

17,422

12,747

15,289

17,207

15,085

11,562

10,121

13,100

13,064

12,490

11,612

11,048

11,755

10,078

9,575

11,135

12,636

10,743

13,558

11,772

Franchisee deposits

723

530

705

662

1,093

934

850

850

720

833

729

671

870

780

727

1,459

2,678

3,436

3,599

3,342

4,048

-

-

-

-

-

-

-

-

-

-

-

-

Deposits from franchisees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,898

3,705

2,943

3,055

3,519

2,356

2,754

2,897

3,022

3,297

3,530

3,299

Accrued liabilities

44,314

38,375

34,719

31,570

44,846

40,296

39,109

35,590

51,913

47,296

40,034

39,300

50,714

46,615

35,397

40,491

43,681

37,622

29,319

29,987

37,221

33,960

25,370

29,286

32,607

32,344

25,698

26,030

33,532

37,358

31,292

29,764

33,332

Income taxes payable

-

197

-

1,784

-

1,479

0

6,825

2,568

772

-

6,549

8,910

3,332

2,489

5,204

2,461

2,166

2,107

5,048

4,241

2,001

2,997

7,208

14,326

4,333

4,043

5,456

4,775

-

4,216

6,371

5,072

Current maturities of long-term debt and capital leases

6,704

7,761

2,586

3,061

3,464

3,707

3,826

4,192

5,090

6,126

13,384

13,396

13,467

13,564

13,615

13,236

13,484

13,628

14,518

14,199

14,320

18,942

18,920

19,501

19,480

19,450

19,401

19,349

18,940

17,681

73,175

131,939

65,133

Total current liabilities

62,079

58,512

48,579

47,988

58,616

57,558

56,681

65,519

74,663

72,900

69,484

79,278

87,821

81,713

64,975

75,679

79,511

71,937

61,105

62,697

72,930

71,865

63,482

70,550

80,516

71,401

61,576

63,164

71,279

70,697

122,723

185,162

118,608

Obligations under capital leases due after one year

13,003

13,632

14,283

15,573

16,167

15,413

16,270

17,216

17,391

18,545

19,493

19,835

20,763

21,673

22,367

22,430

23,050

23,676

25,020

21,473

22,458

23,904

25,004

26,300

27,377

28,735

29,689

30,609

30,302

31,213

31,186

32,035

32,872

Long-term debt, net

701,478

701,853

706,534

666,600

628,116

601,631

593,147

566,672

566,187

577,521

484,863

473,300

428,238

431,182

471,131

425,079

427,527

430,037

432,485

434,932

437,380

436,135

439,744

462,854

466,613

470,562

474,318

478,076

481,835

521,606

433,475

449,872

529,872

Deferred income taxes

24,226

25,737

26,205

40,407

40,101

41,547

42,500

42,247

42,530

43,816

41,806

41,178

43,549

49,712

48,883

38,420

37,611

38,829

35,510

34,106

34,915

34,586

32,109

31,332

29,777

30,253

30,176

27,308

27,228

11,823

15,066

14,888

14,981

Other non-current liabilities

19,194

19,072

18,670

19,625

20,502

20,783

20,757

19,855

23,533

25,344

24,321

23,263

22,220

20,099

18,787

18,538

20,598

19,343

18,233

18,050

15,647

15,578

15,569

17,125

17,230

16,878

17,501

17,835

17,402

18,009

17,990

18,198

18,421

Total non-current liabilities

-

760,294

765,692

742,205

-

679,374

672,674

645,990

-

665,226

570,483

557,576

-

522,666

561,168

504,467

-

511,885

511,248

508,561

-

510,203

512,426

537,611

-

546,428

551,684

553,828

-

582,651

497,717

514,993

-

Commitments and contingencies

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

Stockholders deficit:
Preferred stock, par value $.01; 1,000 shares authorized; none outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $.01; 245,000 shares authorized; 118,309 shares issued in 2018 and in 2017

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

1,183

Paid-in capital

238,369

236,380

235,088

234,603

236,895

236,341

235,230

236,050

234,956

234,863

234,489

233,603

232,550

221,059

220,096

224,947

225,004

223,985

218,874

224,016

224,768

226,140

229,942

231,345

230,543

229,692

229,220

229,465

229,399

228,561

226,772

226,038

224,453

Retained earnings

981,251

968,405

952,708

939,204

934,017

918,774

906,065

901,201

894,442

874,169

864,126

858,718

851,715

830,081

814,326

811,341

801,202

787,229

770,453

766,346

758,138

746,189

731,168

728,648

722,614

708,295

693,988

692,844

687,431

675,327

681,464

677,680

670,488

Stockholders' equity before treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

939,170

924,391

923,492

-

905,071

908,793

904,168

895,281

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-626

-733

-843

Treasury stock, at cost; 82,734 shares in 2018 and 78,081 shares in 2017

1,509,649

1,479,228

1,441,714

1,412,270

1,373,853

1,329,396

1,300,169

1,256,627

1,206,224

1,168,675

1,133,018

1,114,241

1,068,015

1,033,717

1,035,936

976,000

964,714

954,860

944,240

906,222

906,625

913,076

913,538

912,530

895,093

890,285

875,405

876,591

866,317

867,332

871,383

872,844

872,937

Total stockholders deficit

-288,846

-273,260

-252,735

-237,280

-201,758

-173,098

-157,691

-118,193

-75,643

-58,460

-33,220

-20,737

17,433

18,606

-331

61,471

62,675

57,537

46,270

85,323

77,464

60,436

48,755

48,646

59,247

48,885

48,986

46,901

51,696

37,739

37,410

31,324

22,344

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

192

170

261

222

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,931

37,580

31,585

22,566

Total liabilities and stockholders deficit

531,134

545,546

561,536

552,913

561,744

563,834

571,664

593,316

648,661

679,666

606,747

616,117

620,024

622,985

625,812

641,617

650,972

641,359

618,623

656,581

660,794

642,504

624,663

656,807

680,760

666,714

662,246

663,893

679,742

691,279

658,020

731,740

737,320