Carrols restaurant group, inc. (TAST)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

41,272

2,974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

2,961

3,412

4,014

19,563

38,165

34,501

29,412

43,875

33,721

2,653

2,002

10,137

9,731

12,330

22,274

71,833

61,004

24,287

21,221

43,309

55,972

1,402

8,302

13,317

13,129

26,686

38,290

57,403

58,048

5,271

24,661

-

-

3,144

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,232

7,437

-

Trade and other receivables

11,701

13,445

15,810

13,148

11,693

13,447

11,203

10,279

9,420

9,911

10,591

9,002

7,623

7,595

7,955

6,378

6,161

5,448

6,075

5,977

4,034

5,051

4,227

3,819

2,846

4,238

6,249

5,337

6,418

5,013

4,121

8,186

6,673

6,990

7,177

5,213

Inventories

11,486

13,334

12,815

12,393

10,396

8,810

8,367

8,643

9,373

8,003

8,131

7,862

7,761

7,719

7,619

7,405

7,126

6,698

6,944

6,760

7,785

6,237

5,844

5,824

6,494

6,218

6,924

6,751

7,729

6,765

6,941

5,784

5,601

5,081

5,213

5,203

Prepaid rent

-

-

1,742

3,563

1,880

2,346

5,235

5,169

5,134

5,083

5,107

4,938

4,665

4,399

4,358

4,295

4,168

1,659

1,656

1,570

3,164

2,535

2,414

2,393

2,332

2,402

2,424

2,438

2,435

2,431

3,007

4,027

4,077

4,081

4,074

4,018

Prepaid expenses and other current assets

10,329

9,748

9,639

10,113

6,695

7,636

7,006

7,701

6,622

7,752

7,202

7,718

7,465

6,265

5,924

6,507

5,266

5,388

5,309

5,312

3,009

4,510

3,861

3,863

2,874

3,900

3,606

3,998

2,911

4,069

3,328

6,143

5,522

6,375

5,928

5,349

Refundable income taxes

278

284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refundable income taxes

-

-

176

-

0

104

29

0

54

183

153

153

153

-

-

-

0

0

0

0

2,416

2,416

2,416

2,599

2,631

4,521

43

43

43

3,207

2,554

4,759

2,239

-

418

869

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,615

1,483

1,642

-

3,242

3,232

3,196

3,196

2,416

2,442

2,442

2,442

3,080

3,106

4,542

3,484

4,441

4,609

4,609

Total current assets

75,066

39,785

43,143

42,629

34,678

51,906

70,005

66,293

60,015

74,807

64,905

32,326

29,669

36,115

35,587

36,915

44,995

92,641

82,471

45,548

41,629

67,300

77,966

23,096

28,675

37,012

34,817

47,695

60,268

81,968

81,105

38,712

52,257

49,200

34,856

28,405

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

20,000

20,000

20,000

20,000

20,000

-

20,000

-

-

-

0

-

-

-

Restricted Cash and Cash Equivalents, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

-

20,000

20,000

-

-

-

-

-

Property and equipment, net

380,230

385,578

393,900

353,735

289,817

281,090

272,972

275,931

274,098

254,415

247,055

247,364

247,847

251,618

231,620

225,263

220,114

188,203

182,726

179,325

179,383

158,725

151,578

150,601

152,175

149,598

147,988

141,428

135,926

122,766

123,981

196,894

190,310

189,117

186,685

186,850

Finite Lived Franchise Rights Net

344,974

348,941

322,199

325,173

175,897

168,677

148,750

150,243

152,028

153,269

155,046

142,413

134,153

127,017

126,102

123,590

118,881

100,045

101,026

101,787

102,900

95,992

88,546

89,131

90,168

91,086

92,114

93,177

94,170

99,027

100,110

66,440

67,238

68,366

68,834

70,432

Goodwill

122,619

122,619

143,568

106,163

38,469

38,053

36,792

36,792

36,792

36,346

36,346

30,472

22,869

21,804

21,484

21,089

20,438

18,384

17,882

17,793

17,793

8,217

8,162

8,162

8,162

8,162

8,162

8,162

8,162

1,450

1,450

124,934

124,934

124,934

124,934

124,934

Franchise agreements, net

33,211

32,690

32,676

32,407

24,414

24,175

23,534

23,794

23,192

23,209

23,587

20,216

19,591

15,356

15,322

15,264

15,467

14,887

15,101

14,108

14,602

12,718

12,564

12,765

12,802

12,869

13,144

13,365

12,993

13,961

-

-

5,225

-

-

-

Operating leases

810,585

811,016

787,410

785,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Favorable leases, net (Note 4)

-

-

-

-

-

6,034

5,584

5,721

5,862

6,065

6,222

6,006

5,441

5,272

5,398

5,549

-

4,319

4,493

4,610

-

3,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Favorable leases, net (Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,652

-

-

-

-4,725

-

-

-2,895

-2,974

-3,052

-

-

-3,287

-

-

-

-

-

-

-

Deferred income taxes

-

-

535

34,692

28,291

27,810

27,533

27,888

27,647

27,513

27,465

33,880

28,841

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchise agreements, net

33,211

32,690

32,676

32,407

24,414

24,175

23,534

23,794

23,192

23,209

23,587

-

19,591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,961

-

-

5,225

-

-

-

Favorable leases, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,817

-

-

-

3,130

3,209

-

-

-

-

0

-

-

-

Deferred financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,036

5,129

3,290

-

3,597

3,849

4,093

4,344

4,595

4,846

5,097

5,340

5,576

5,404

8,257

8,670

-

-

2,097

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

272

-

-

360

419

Franchise agreements, at cost less accumulated amortization of $6,504 and $6,102, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,348

5,080

-

5,297

5,457

5,629

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,498

11,930

10,614

6,824

5,789

9,007

7,506

2,222

-

-

-

0

-

-

1,949

Other assets

11,449

10,831

10,698

9,868

8,685

2,337

2,310

2,301

1,880

1,808

1,862

1,618

1,744

1,843

1,770

1,795

1,709

1,688

1,483

1,601

3,541

3,094

3,271

3,238

3,357

3,555

3,440

3,511

3,888

3,969

3,103

5,670

9,758

15,142

8,215

5,587

Total assets

1,778,134

1,751,460

1,734,129

1,689,667

600,251

600,082

587,480

588,963

581,514

577,432

562,488

514,295

490,155

459,025

437,283

429,465

427,256

425,203

410,311

368,062

364,573

387,372

380,683

324,595

329,481

335,718

336,648

343,150

346,256

348,717

349,501

446,259

458,392

452,056

429,341

426,302

LIABILITIES AND STOCKHOLDERS' EQUITY
Current portion of long-term debt

-

-

-

-

1,948

-

-

-

1,808

-

-

-

1,616

-

-

-

1,435

-

-

-

1,272

-

-

1,033

1,147

1,116

1,098

1,062

1,062

1,047

1,028

6,554

6,553

6,552

4,927

15,538

Current portion of long-term debt and finance lease liabilities

5,437

5,866

6,276

6,512

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: current portion

41,027

40,805

40,210

39,715

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

1,912

1,875

1,842

-

1,757

1,731

1,663

-

1,585

1,516

1,491

-

1,333

1,311

1,293

-

1,067

1,050

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

32,201

45,780

40,079

29,652

29,143

22,491

22,835

24,860

29,245

21,285

20,778

18,765

22,445

21,643

22,201

21,236

20,436

17,163

17,526

16,018

19,239

14,611

14,220

13,216

14,687

13,709

18,193

19,062

20,075

14,161

15,069

13,988

14,759

15,496

13,251

13,944

Accrued interest

761

901

1,118

221

3,818

9,172

3,672

9,174

3,672

9,172

3,672

6,747

2,676

6,675

2,672

6,672

2,672

6,891

2,895

6,467

2,170

6,368

2,155

6,377

2,140

6,359

2,110

6,329

2,138

5,626

1,641

2,348

7,178

2,940

6,828

6,853

Accrued income taxes

-

-

-

-

-

-

-

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

265

-

-

Accrued payroll, related taxes and benefits

25,538

31,314

28,915

29,567

28,719

27,372

26,961

24,285

26,635

25,355

23,469

21,199

26,029

23,720

22,719

20,427

27,582

24,824

21,998

19,762

17,321

16,075

14,857

14,900

18,021

16,582

15,742

13,372

15,223

13,105

12,538

18,566

21,796

20,228

19,235

19,504

Accrued real estate taxes

6,964

8,139

8,541

7,608

5,910

5,965

5,369

4,593

5,269

5,344

5,116

4,357

5,202

4,993

4,496

4,168

5,117

5,094

4,845

4,241

4,908

3,866

3,759

4,189

4,945

4,717

4,594

3,608

4,041

3,737

3,513

3,244

4,812

5,837

4,543

4,778

Other liabilities

27,721

16,520

24,368

21,336

12,601

17,453

13,909

18,895

12,900

15,749

13,287

15,826

10,932

15,567

15,019

16,446

14,012

14,668

12,672

15,220

10,273

12,145

9,461

12,183

9,709

11,853

9,757

11,890

10,251

11,360

8,646

11,698

8,779

9,855

9,464

7,434

Total current liabilities

139,649

149,325

149,507

134,611

82,139

84,365

74,621

83,697

79,529

78,662

68,053

68,557

68,900

74,183

68,623

70,440

71,254

69,973

61,247

63,001

55,183

54,132

45,502

51,898

50,649

54,336

51,494

55,323

52,790

49,036

42,435

56,398

63,877

61,173

58,248

68,051

Long-term debt and finance lease liabilities, net of current portion

520,806

455,565

470,098

436,541

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Long-term Debt

-

-

-

-

276,823

-

-

-

278,519

-

-

-

215,108

-

-

-

202,042

-

-

-

154,252

-

-

158,753

158,189

158,390

158,676

158,975

159,233

159,630

159,899

257,227

261,966

259,605

241,457

237,914

Long-term debt, net of current portion

-

-

-

-

-

277,229

277,665

282,598

-

278,932

279,388

238,938

-

212,317

201,858

202,062

-

206,393

206,735

157,091

-

156,462

156,738

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease financing obligations

1,193

1,194

1,194

1,195

1,196

1,196

3,734

1,196

1,196

1,196

1,196

1,195

2,938

1,195

1,194

1,193

1,193

1,203

1,203

1,202

1,190

1,201

1,201

1,200

1,200

1,199

1,198

1,197

1,197

1,196

1,195

10,266

10,064

10,063

11,799

10,061

Operating lease liabilities

808,795

808,292

779,456

777,054

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income-sale-leaseback of real estate

-

-

0

0

10,073

10,349

10,660

11,055

11,451

11,846

11,542

11,894

12,271

12,185

12,247

12,200

12,589

13,154

14,211

14,660

15,108

15,557

15,904

16,274

16,824

17,274

17,724

18,174

18,623

19,073

18,810

36,556

37,372

38,290

39,192

40,472

Deferred income taxes, net

0

6,983

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,615

1,483

1,642

-

-

-

-

0

-

-

-

-

5,482

7,609

3,391

-

-

-

0

Deferred Tax Liabilities, Net of Valuation Allowance, Noncurrent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,234

-

-

-

Accrued postretirement benefits

2,493

2,555

4,417

4,387

4,320

4,991

4,947

4,893

4,838

4,775

4,693

4,636

4,566

3,020

3,037

3,058

3,060

3,164

3,143

3,135

3,121

2,157

2,218

2,321

2,370

2,518

2,587

2,617

2,622

1,824

1,862

1,943

2,055

1,611

1,709

1,845

Unfavorable leases, net

-

-

-

-

-

12,689

12,412

12,761

13,111

13,541

13,945

13,840

11,686

12,018

12,338

12,680

12,004

12,227

12,360

12,695

13,027

7,785

7,740

7,957

8,175

8,392

8,610

8,828

9,045

-

-

-

0

-

-

-

Other Liabilities, Noncurrent

-

-

-

-

40,160

-

-

-

23,810

-

-

-

20,030

-

-

-

17,115

-

-

-

16,157

-

-

-

14,870

-

-

-

12,573

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,347

1,057

-

Other Liabilities

22,076

18,084

10,586

9,895

-

27,405

26,725

25,220

-

24,343

23,052

21,558

-

18,471

17,295

17,123

-

16,882

16,943

17,037

-

15,746

15,623

16,121

-

14,695

14,482

12,774

-

12,930

11,760

22,458

21,667

21,509

21,635

23,052

Total liabilities

1,495,012

1,441,998

1,415,258

1,363,683

414,711

418,224

410,764

421,420

412,454

413,295

401,869

360,618

335,499

333,389

316,592

318,756

319,257

324,611

317,325

270,463

258,038

253,040

244,926

254,524

252,277

256,804

254,771

257,888

256,083

249,171

243,570

388,239

399,235

393,598

375,097

381,395

Commitments and contingencies

-

-

-

-

-

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

-

Stockholders' equity:
Preferred stock, par value $.01

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

0

-

0

Voting common stock, par value $.01

515

510

510

435

357

357

358

357

354

354

354

354

353

353

351

351

350

350

349

349

348

348

347

232

230

230

229

229

227

227

227

227

218

216

216

216

Additional paid-in capital

302,378

301,251

300,013

298,381

150,459

149,148

147,616

146,232

144,650

143,641

142,918

142,015

141,133

140,707

140,253

139,647

139,083

138,716

138,350

137,986

137,647

137,350

137,055

69,552

69,258

68,264

68,466

68,355

68,056

67,607

67,298

9,373

6,954

5,866

5,057

3,474

Accumulated deficit

-11,113

11,096

21,002

27,814

35,511

33,704

30,093

22,305

25,407

21,486

18,691

12,652

14,514

-14,948

-19,437

-28,813

-30,958

-37,976

-45,215

-40,238

-30,962

-3,927

-2,206

-274

7,155

9,905

12,667

16,163

21,362

30,700

37,394

47,514

51,041

50,982

47,577

39,823

Accumulated other comprehensive income

-4,587

622

-646

-646

-646

-1,210

-1,210

-1,210

-1,210

-1,203

-1,203

-1,203

-1,203

-335

-335

-335

-335

-357

-357

-357

-357

702

702

702

702

656

656

656

669

1,153

1,153

1,047

1,085

1,535

1,535

1,535

Treasury stock, at cost

4,071

4,017

2,008

0

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

141

Total stockholders' equity

283,122

309,462

318,871

325,984

185,540

181,858

176,716

167,543

169,060

164,137

160,619

153,677

154,656

125,636

120,691

110,709

107,999

100,592

92,986

97,599

106,535

134,332

135,757

70,071

77,204

78,914

81,877

85,262

90,173

99,546

105,931

58,020

59,157

58,458

54,244

44,907

Total liabilities and stockholders' equity

1,778,134

1,751,460

1,734,129

1,689,667

600,251

600,082

587,480

588,963

581,514

577,432

562,488

514,295

490,155

459,025

437,283

429,465

427,256

425,203

410,311

368,062

364,573

387,372

380,683

324,595

329,481

335,718

336,648

343,150

346,256

348,717

349,501

446,259

458,392

452,056

429,341

426,302