Texas Roadhouse, Inc. TXRH Balance Sheet

Texas roadhouse, inc. (TXRH)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Assets
Current assets:
Cash and cash equivalents
230,606	107,879	99,540	144,839	252,107	210,125	151,190	154,353	197,829	150,918	114,436	116,508	137,512	112,944	81,713	95,305	95,992	59,334	72,616	70,965	98,512	86,122	59,307	77,461	90,696	94,874	87,344	100,117	95,453	81,746	84,320	77,225	77,322	78,777	55,673	79,376	77,420	82,215
Receivables, net of allowance for doubtful accounts of $72 at March 31, 2020 and $12 at December 31, 2019
25,441	99,305	33,948	39,409	34,685	92,114	34,804	32,151	26,060	76,496	24,979	29,295	21,005	56,127	22,039	21,101	19,195	45,421	22,957	19,883	21,007	34,023	15,701	17,170	16,939	25,391	11,518	12,077	11,051	16,416	13,683	14,045	12,793	11,480	12,187	12,350	12,152	12,563
Inventories, net
20,321	20,267	17,198	17,907	17,521	18,827	16,336	17,025	16,466	16,306	15,453	15,439	14,869	16,088	14,357	14,443	14,395	15,633	13,763	14,074	12,645	14,256	11,993	11,760	11,315	11,954	10,962	11,182	10,438	10,909	9,521	9,941	9,822	10,730	8,678	8,889	8,559	9,197
Prepaid income taxes
6,524	2,015	-	104	-	7,569	779	779	-	-	-	-	-	954	-	-	-	53	-	-	-	-	-	-	232	421	1,535	-	-	3,374	-	-	-	575	-	-	-	375
Prepaid expenses
19,682	18,433	13,976	15,169	18,685	16,384	13,046	12,491	15,613	13,361	10,461	11,170	13,318	12,150	9,310	9,868	13,379	11,295	8,473	20,724	11,600	10,552	8,100	8,614	11,045	10,250	6,608	6,627	9,241	7,191	5,032	5,336	7,636	7,045	4,534	5,110	6,897	7,204
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	1,996	5,846	5,243	4,249	2,077	3,779	3,272	1,792	2,773	3,852	3,678	3,123	2,853	4,399	3,467	2,896	2,836	5,814	5,147	5,246	3,367	3,217	2,869	2,295	2,368
Total current assets
302,574	247,899	164,662	217,428	322,998	345,019	216,155	216,799	255,968	257,081	165,329	172,412	186,704	200,259	133,265	145,960	147,210	133,813	121,588	128,918	145,556	147,726	98,953	118,683	133,350	145,743	122,366	133,470	129,079	122,472	118,370	111,694	112,819	111,974	84,289	108,594	107,323	113,922
Property and equipment, net of accumulated depreciation of $698,841 at March 31, 2020 and $678,988 at December 31, 2019
1,068,701	1,056,563	1,020,167	991,339	971,135	956,676	940,955	928,765	922,891	912,147	886,972	868,668	855,027	830,054	802,555	778,634	766,331	751,288	723,294	689,204	668,088	649,637	631,552	612,528	596,656	586,212	565,433	542,211	534,670	531,654	523,482	515,620	507,873	497,217	479,167	467,378	460,522	458,983
Operating lease right-of-use asset, net
512,574	499,801	495,419	485,818	472,122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
124,748	124,748	123,220	123,220	123,220	123,220	121,040	121,040	121,040	121,040	121,040	121,040	121,040	116,571	116,571	116,571	116,571	116,571	116,571	116,571	116,571	116,571	117,197	117,197	117,197	117,197	113,454	113,454	113,543	113,435	110,946	110,946	110,946	110,946	111,785	111,785	111,785	111,785
Intangible assets, net of accumulated amortization of $13,911 at March 31, 2020 and $14,141 at December 31, 2019
1,101	1,234	1,375	1,513	1,711	1,959	2,144	2,329	2,514	2,700	2,930	3,161	3,392	3,622	3,873	4,150	4,488	4,827	5,171	5,515	5,859	6,203	6,546	6,989	7,433	7,876	7,877	8,283	8,689	9,264	8,235	8,504	8,773	9,042	9,311	9,580	9,849	10,118
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	575	-	-4,623	-	-2,843	-3,857	-5,287	-5,774	-6,419	-5,715	-5,410	-6,102	-4,714	-5,666	-7,695	-8,715	-7,817	-9,720	-8,126	-8,444
Other assets
45,006	53,320	50,718	49,533	46,764	42,402	44,532	42,660	40,729	37,655	36,448	34,000	31,725	29,465	28,258	27,886	27,014	26,207	25,272	25,416	24,195	23,005	22,059	21,157	19,903	20,616	17,938	15,983	15,447	14,429	13,464	12,612	12,329	11,491	11,431	10,872	9,325	7,993
Total assets
2,054,704	1,983,565	1,855,561	1,868,851	1,937,950	1,469,276	1,324,826	1,311,593	1,343,142	1,330,623	1,212,719	1,199,281	1,197,888	1,179,971	1,084,522	1,073,201	1,061,614	1,032,706	992,471	965,624	960,269	943,142	876,307	876,554	874,539	877,644	827,068	813,401	801,428	791,254	774,497	759,376	752,740	740,670	695,983	708,209	698,804	702,801
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of operating lease liabilities
17,925	17,263	16,748	16,472	15,955	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current maturities of long-term debt and obligation under capital lease
-	-	-	-	-	-	10	10	9	-	9	176	172	167	163	151	147	144	20,140	136	133	129	126	113	240	243	248	317	337	338	329	321	312	304	296	289	281	274
Accounts payable
42,984	61,653	59,504	65,799	65,413	62,060	55,021	58,372	60,170	57,579	48,979	52,061	54,379	50,789	41,828	47,242	50,124	50,996	41,956	46,915	46,096	43,585	37,612	40,967	40,441	38,404	33,027	34,990	35,780	32,374	27,645	29,634	32,758	32,744	26,136	28,421	28,457	26,864
Deferred revenue-gift cards
152,261	209,258	107,200	119,557	128,613	192,242	87,947	97,545	104,651	156,627	70,648	78,779	86,089	129,558	55,128	61,775	67,546	101,274	42,309	47,152	51,916	79,462	32,710	36,375	40,234	62,723	25,424	28,527	32,594	53,041	18,334	21,285	25,216	44,058	15,850	18,426	22,329	39,165
Accrued wages
25,612	39,699	35,711	35,892	37,290	34,159	32,945	32,744	34,189	29,678	29,580	29,121	30,805	26,039	27,762	26,144	28,018	36,233	34,027	34,945	34,454	30,375	30,548	31,074	31,794	28,994	26,349	27,135	27,205	25,030	24,470	25,480	26,788	23,701	22,707	22,557	23,111	21,050
Income taxes payable
2,095	-	7,031	4,687	8,631	-	3,508	2,293	7,565	2,494	8,581	6,300	13,855	-	7,098	8,784	11,707	90	7,813	5,136	11,062	1,583	4,457	6,161	10,379	-	-	1,054	5,523	-	5,460	5,142	9,967	-	1,208	105	8,907	-
Accrued taxes and licenses
19,438	30,433	27,071	24,250	24,859	24,631	24,835	21,232	23,556	21,997	23,483	20,906	21,591	19,698	20,477	19,055	19,220	18,779	19,423	17,850	17,992	17,592	17,884	16,100	16,203	17,434	15,103	13,666	13,497	13,253	13,507	12,370	12,221	12,381	12,707	12,077	12,148	12,318
Dividends payable
-	-	20,863	21,224	21,548	17,904	17,884	17,868	17,853	14,945	14,931	14,915	14,890	13,418	13,398	13,379	13,358	11,919	11,929	11,908	11,896	10,443	10,421	10,450	10,481	-	8,458	8,427	8,377	13,135	6,353	6,327	6,270	5,535	5,613	5,706	5,692	-
Other accrued liabilities
50,546	58,914	58,144	71,184	60,141	54,146	50,327	50,328	51,933	46,678	42,058	43,950	55,377	39,858	42,084	42,346	43,124	37,207	37,665	37,692	34,754	32,802	31,163	29,243	28,393	28,054	22,716	19,188	19,030	21,491	24,555	22,533	24,113	17,649	16,371	17,613	13,327	12,387
Total current liabilities
310,861	417,220	332,272	359,065	362,450	385,142	272,477	280,392	299,926	329,998	238,269	246,208	277,158	279,527	207,938	218,876	233,244	256,642	215,262	201,734	208,303	215,971	164,921	170,483	178,165	175,852	131,325	133,304	142,343	158,662	120,653	123,092	137,645	136,372	100,888	105,194	114,252	112,058
Operating lease liabilities, net of current portion
553,181	538,710	532,480	521,820	506,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt and obligation under capital lease, excluding current maturities
190,000	-	-	-	-	-	1,973	1,976	51,979	51,981	51,984	52,291	52,336	52,381	52,424	50,472	50,512	25,550	50,587	50,623	50,659	50,693	50,727	50,760	50,922	50,990	51,056	51,120	51,183	51,264	51,352	51,437	51,520	61,601	51,681	51,757	51,832	51,906
Restricted stock and other deposits
8,683	8,249	8,413	8,652	8,434	7,703	7,300	7,694	7,678	7,699	7,549	7,976	8,088	7,491	7,274	7,250	7,405	7,041	6,774	6,679	6,222	6,005	5,918	5,849	5,776	4,639	4,741	4,678	4,549	4,718	4,584	4,498	4,567	4,546	4,378	4,403	4,367	4,052
Deferred rent
-	-	-	-	-	48,079	46,285	44,523	43,224	42,141	40,261	38,945	37,716	36,103	34,905	33,713	32,563	31,493	30,369	29,051	27,912	26,964	26,103	25,315	24,555	23,742	22,768	21,763	20,915	20,168	19,380	18,691	18,014	17,133	16,342	15,694	15,050	14,457
Deferred tax liabilities, net
23,115	22,695	12,664	13,630	15,298	17,268	7,102	8,619	8,401	5,301	4,707	6,520	5,396	12,268	6,917	6,165	8,337	6,402	-	1,793	-	6,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of derivative financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,711	2,082	2,402	-	2,980	3,138	3,696	4,016	4,384	4,429	4,325	4,247	4,571	3,288	2,003	2,178
Other liabilities
58,121	65,522	61,035	60,066	56,648	50,376	48,391	46,791	45,069	42,112	39,157	37,920	35,572	33,959	31,700	31,603	30,261	28,396	23,969	23,914	22,786	22,549	21,169	20,166	19,092	22,787	17,045	17,506	16,895	15,587	14,114	13,695	13,358	12,234	11,338	11,708	10,712	10,324
Total liabilities
1,143,961	1,052,396	946,864	963,233	949,803	508,568	383,528	389,995	456,277	479,232	381,927	389,860	416,266	421,729	341,158	348,079	362,322	355,524	326,961	313,794	320,505	328,186	273,392	278,512	286,199	283,784	236,334	237,224	244,991	260,517	219,181	221,508	237,124	244,848	197,015	201,764	206,342	203,419
Texas Roadhouse, Inc. and subsidiaries stockholders' equity:
Preferred stock ($0.001 par value, 1,000,000 shares authorized; no shares issued or 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
Common stock ($0.001 par value, 100,000,000 shares authorized, 69,310,804 and 69,400,252 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively)
69	69	70	70	72	72	72	71	71	71	71	71	71	71	71	70	70	70	70	70	70	70	69	70	70	70	71	70	70	69	71	70	70	69	70	71	71	72
Additional paid-in-capital
129,796	140,501	140,445	152,872	259,050	257,388	250,480	243,357	235,771	236,548	229,909	224,725	219,488	219,626	212,196	206,338	200,647	201,023	200,858	195,860	193,256	189,168	185,826	189,603	193,368	215,051	221,121	215,394	207,576	199,967	225,811	220,645	212,124	206,019	216,146	233,102	254,942	250,874
Retained earnings
766,689	775,649	753,791	738,123	714,502	688,337	675,909	664,668	638,309	602,499	588,826	572,743	550,077	530,723	523,416	511,139	490,913	468,678	457,615	449,062	439,832	419,436	411,273	402,813	390,174	374,190	365,551	356,839	345,303	327,509	326,721	315,007	301,024	288,425	281,663	271,479	261,109	247,008
Accumulated other comprehensive loss
-262	-225	-331	-213	-131	-228	-206	-47	71	-39	-63	-151	-173	-194	-93	-122	-93	-109	-234	-348	-575	-782	-1,048	-1,276	-1,472	-1,652	-1,827	-1,923	-2,265	-2,461	-2,687	-2,715	-2,650	-2,609	-2,807	-2,020	-1,230	-1,338
Treasury stock (1,500,000 common shares in 2011 at cost)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,267	-
Total Texas Roadhouse, Inc. and subsidiaries stockholders' equity
896,292	915,994	893,975	890,852	973,493	945,569	926,255	908,049	874,222	839,079	818,743	797,388	769,463	750,226	735,590	717,425	691,537	669,662	658,309	644,644	632,583	607,892	596,120	591,210	582,140	587,659	584,916	570,380	550,684	525,084	549,916	533,007	510,568	491,904	495,072	502,632	489,625	496,616
Noncontrolling interests
14,451	15,175	14,722	14,766	14,654	15,139	15,043	13,549	12,643	12,312	12,049	12,033	12,159	8,016	7,774	7,697	7,755	7,520	7,201	7,186	7,181	7,064	6,795	6,832	6,200	6,201	5,818	5,797	5,753	5,653	5,400	4,861	5,048	3,918	3,896	3,813	2,837	2,766
Total equity
910,743	931,169	908,697	905,618	988,147	960,708	941,298	921,598	886,865	851,391	830,792	809,421	781,622	758,242	743,364	725,122	699,292	677,182	665,510	651,830	639,764	614,956	602,915	598,042	588,340	593,860	590,734	576,177	556,437	530,737	555,316	537,868	515,616	495,822	498,968	506,445	492,462	499,382
Total liabilities and equity
2,054,704	1,983,565	1,855,561	1,868,851	1,937,950	1,469,276	1,324,826	1,311,593	1,343,142	1,330,623	1,212,719	1,199,281	1,197,888	1,179,971	1,084,522	1,073,201	1,061,614	1,032,706	992,471	965,624	960,269	943,142	876,307	876,554	874,539	877,644	827,068	813,401	801,428	791,254	774,497	759,376	752,740	740,670	695,983	708,209	698,804	702,801