Domino's Pizza (DPZ) 10-Q 1 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 23, 2014	Apr. 24, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	23-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'DPZ	'
Entity Registrant Name	'DOMINOS PIZZA INC	'
Entity Central Index Key	'0001286681	'
Current Fiscal Year End Date	'--12-28	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	55,629,702

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 23, 2014	Dec. 29, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$38,376	$14,383	[1]
Restricted cash and cash equivalents	108,626	125,453	[1]
Accounts receivable	103,881	105,779	[1]
Inventories	33,578	30,321	[1]
Prepaid expenses and other	11,991	20,199	[1]
Advertising fund assets, restricted	50,185	44,695	[1]
Deferred income taxes	7,243	10,710	[1]
Total current assets	353,880	351,540	[1]
Property, plant and equipment:	'	'
Land and buildings	23,646	23,423	[1]
Leasehold and other improvements	91,035	90,508	[1]
Equipment	175,275	174,667	[1]
Construction in progress	6,609	8,900	[1]
Property, plant and equipment, Gross, Total	296,565	297,498	[1]
Accumulated depreciation and amortization	-200,848	-199,914	[1]
Property, plant and equipment, net	95,717	97,584	[1]
Other assets:	'	'
Deferred financing costs	27,303	28,693	[1]
Goodwill	16,109	16,598	[1]
Capitalized software	14,743	14,464	[1]
Other assets	13,491	13,209	[1]
Deferred income taxes	3,069	3,167	[1]
Total other assets	74,715	76,131	[1]
Total assets	524,312	525,255	[1]
Current liabilities:	'	'
Current portion of long-term debt	24,155	24,144	[1]
Accounts payable	73,183	83,408	[1]
Dividends payable	14,490	11,849	[1]
Insurance reserves	13,845	13,297	[1]
Advertising fund liabilities	50,185	44,695	[1]
Other accrued liabilities	64,546	77,218	[1]
Total current liabilities	240,404	254,611	[1]
Long-term liabilities:	'	'
Long-term debt, less current portion	1,506,256	1,512,299	[1]
Insurance reserves	25,597	25,528	[1]
Deferred income taxes	4,572	7,827	[1]
Other accrued liabilities	16,439	15,192	[1]
Total long-term liabilities	1,552,864	1,560,846	[1]
Stockholders' deficit:	'	'
Common stock	558	558	[1]
Additional paid-in capital	3,171	669	[1]
Retained deficit	-1,270,117	-1,289,445	[1]
Accumulated other comprehensive loss	-2,568	-1,984	[1]
Total stockholders' deficit	-1,268,956	-1,290,202	[1]
Total liabilities and stockholders' deficit	$524,312	$525,255	[1]
[1]	The balance sheet at December 29, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013
Revenues:	'	'
Domestic Company-owned stores	$82,457	$81,094
Domestic franchise	53,421	51,318
Domestic supply chain	257,527	231,531
International	60,447	53,674
Total revenues	453,852	417,617
Cost of sales:	'	'
Domestic Company-owned stores	62,791	61,269
Domestic supply chain	230,367	205,412
International	23,652	21,130
Total cost of sales	316,810	287,811
Operating margin	137,042	129,806
General and administrative	52,867	54,281
Income from operations	84,175	75,525
Interest income	31	42
Interest expense	-20,326	-20,945
Income before provision for income taxes	63,880	54,622
Provision for income taxes	23,406	20,202
Net income	$40,474	$34,420
Earnings per share:	'	'
Common stock - basic	$0.73	$0.62
Common stock - diluted	$0.71	$0.59
Dividends declared per share	$0.25	$0.20

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013
Statement Of Income And Comprehensive Income [Abstract]	'	'
Net income	$40,474	$34,420
Other comprehensive income (loss), before tax:	'	'
Currency translation adjustment	-1,026	22
Tax attributes of items in other comprehensive income (loss):	'	'
Currency translation adjustment	442	-73
Other comprehensive loss, net of tax	-584	-51
Comprehensive income	$39,890	$34,369

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 23, 2014		Mar. 24, 2013
Cash flows from operating activities:	'		'
Net income	$40,474		$34,420
Adjustments to reconcile net income to net cash provided by operating activities:	'		'
Depreciation and amortization	6,421		5,631
Gains on sale/disposal of assets	-1,556		-88
Amortization of deferred financing costs	1,390		1,431
Provision for deferred income taxes	700		4,568
Non-cash compensation expense	4,455		5,616
Tax impact from equity-based compensation	-7,834		-2,574
Other	45		-959
Changes in operating assets and liabilities	-7,891		-396
Net cash provided by operating activities	36,204		47,649
Cash flows from investing activities:	'		'
Capital expenditures	-6,561		-5,086
Proceeds from sale of assets	3,906		1,228
Changes in restricted cash	16,827		-1,360
Other	-279		882
Net cash provided by (used in) investing activities	13,893		-4,336
Cash flows from financing activities:	'		'
Repayments of long-term debt and capital lease obligations	-6,032		-6,170
Proceeds from exercise of stock options	2,458		1,528
Tax impact from equity-based compensation	7,834		2,574
Purchases of common stock	-15,131		-18,019
Tax payments for restricted stock upon vesting	-4,308		-2,656
Payments of common stock dividends and equivalents	-11,053		-327
Net cash used in financing activities	-26,232		-23,070
Effect of exchange rate changes on cash and cash equivalents	128		25
Change in cash and cash equivalents	23,993		20,268
Cash and cash equivalents, at beginning of period	14,383	[1]	54,813
Cash and cash equivalents, at end of period	$38,376		$75,081
[1]	The balance sheet at December 29, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 23, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. For further information, refer to the consolidated financial statements and footnotes for the fiscal year ended December 29, 2013 included in our annual report on Form 10-K.
	In the opinion of the Company, all adjustments, consisting of normal recurring items, considered necessary for a fair statement have been included. Operating results for the fiscal quarter ended March 23, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending December 28, 2014.

Segment_Information

Segment Information	3 Months Ended
	Mar. 23, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	2. Segment Information
	The following table summarizes revenues, income from operations and earnings before interest, taxes, depreciation, amortization and other, which is the measure by which the Company allocates resources to its segments and which we refer to as Segment Income, for each of our reportable segments.
		Fiscal Quarters Ended March 23, 2014 and March 24, 2013
		Domestic			Domestic			International		Intersegment			Other			Total
		Stores			Supply					Revenues
					Chain
	Revenues –
	2014	$	135,878		$	282,245		$	60,447	$	(24,718	)	$	–		$	453,852
	2013		132,412			254,745			53,674		(23,214	)		–			417,617
	Income from operations –
	2014	$	48,091		$	21,229		$	30,161		N/A		$	(15,306	)	$	84,175
	2013		43,835			20,537			27,052		N/A			(15,899	)		75,525
	Segment Income –
	2014	$	47,979		$	23,215		$	30,273		N/A		$	(7,972	)	$	93,495
	2013		45,302			22,367			27,124		N/A			(8,109	)		86,684
	The following table reconciles Total Segment Income to consolidated income before provision for income taxes.
		Fiscal Quarter Ended
		March 23,			March 24,
		2014			2013
	Total Segment Income	$	93,495		$	86,684
	Depreciation and amortization		(6,421	)		(5,631	)
	Gains on sale/disposal of assets		1,556			88
	Non-cash compensation expense		(4,455	)		(5,616	)
	Income from operations		84,175			75,525
	Interest income		31			42
	Interest expense		(20,326	)		(20,945	)
	Income before provision for income taxes	$	63,880		$	54,622

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 23, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	3. Earnings Per Share
		Fiscal Quarter Ended
		March 23,		March 24,
		2014		2013
	Net income available to common	$	40,474	$	34,420
	stockholders – basic and diluted
	Basic weighted average number of shares		55,211,837		55,746,790
	Earnings per share – basic	$	0.73	$	0.62
	Diluted weighted average number of shares		57,372,471		58,224,408
	Earnings per share – diluted	$	0.71	$	0.59
	The denominator used in calculating diluted earnings per share for common stock for the first quarter of 2014 does not include 199,040 options to purchase common stock as the effect of including these options would have been anti-dilutive. The denominator used in calculating diluted earnings per share for common stock for the first quarter of 2013 does not include 466,920 options to purchase common stock as the effect of including these options would have been anti-dilutive.

Stockholders_Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 23, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Stockholders' Deficit	'
	4. Stockholders’ Deficit
	The following table summarizes changes in Stockholders’ Deficit for the first quarter of 2014.
														Accumulated
								Additional						Other
		Common Stock						Paid-in			Retained			Comprehensive
		Shares			Amount			Capital			Deficit			Loss
	Balance at December 29, 2013		55,768,672		$	558		$	669		$	(1,289,445	)	$	(1,984	)
	Net income		—			—			—			40,474			—
	Common stock dividends		—			—			—			(13,952	)		—
	Issuance of common stock, net		25,418			—			—			—			—
	Common stock effectively repurchased for required employee tax withholdings		(58,671	)		(1	)		(4,307	)		—			—
	Purchases of common stock		(221,481	)		(2	)		(7,935	)		(7,194	)		—
	Exercise of stock options		260,537			3			2,455			—			—
	Tax impact from equity-based compensation		—			—			7,834			—			—
	Non-cash compensation expense		—			—			4,455			—			—
	Currency translation adjustment, net of tax		—			—			—			—			(584	)
	Balance at March 23, 2014		55,774,475		$	558		$	3,171		$	(1,270,117	)	$	(2,568	)

Dividends

Dividends	3 Months Ended
	Mar. 23, 2014
Supplemental Cash Flow Elements [Abstract]	'
Dividends	'
	5. Dividends
	During the first quarter of 2014, the Company paid approximately $11.1 million of common stock dividends. Additionally, during the first quarter of 2014, the Company’s Board of Directors declared a $0.25 per share quarterly dividend on its outstanding common stock. The Company had approximately $14.5 million accrued for common stock dividends at March 23, 2014.
	Subsequent to the first quarter, on April 29, 2014, the Company’s Board of Directors declared a $0.25 per share quarterly dividend on its outstanding common stock for shareholders of record as of June 13, 2014 to be paid on June 30, 2014.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 23, 2014
Equity [Abstract]	'
Accumulated Other Comprehensive Loss	'
	6. Accumulated Other Comprehensive Loss
	In 2013, the Company adopted Accounting Standards Update 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to present either on the face of the statement where net income is presented or in the notes to the financial statements, significant amounts reclassified out of accumulated other comprehensive income (loss) by the respective line items of net income.
	The approximately $2.6 million of accumulated other comprehensive loss at March 23, 2014 and the approximately $2.0 million of accumulated other comprehensive loss at December 29, 2013 represent currency translation adjustments, net of tax. There were no reclassifications out of accumulated other comprehensive loss to net income in the first quarter of 2014 or the first quarter of 2013.

Open_Market_Share_Repurchase_P

Open Market Share Repurchase Program	3 Months Ended
	Mar. 23, 2014
Equity [Abstract]	'
Open Market Share Repurchase Program	'
	7. Open Market Share Repurchase Program
	During the first quarter of 2014, the Company repurchased and retired 221,481 shares of common stock for a total of approximately $15.1 million. As of March 23, 2014, the Company had $200.0 million remaining for future share repurchases under its Board of Directors approved $200.0 million open market share repurchase program, as the Board of Directors reset the open market share repurchase program at their February 12, 2014 meeting. Subsequent to the first quarter of 2014 and through April 24, 2014, the Company repurchased and retired an additional 153,812 shares of common stock for a total of approximately $11.4 million.
	During the first quarter of 2013, the Company repurchased and retired 362,899 shares of common stock for a total of approximately $18.0 million under the Company’s open market share repurchase program.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 23, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	8. 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 tables summarize the carrying amounts and fair values of certain assets at March 23, 2014 and December 29, 2013:
		At March 23, 2014
				Fair Value Estimated Using
		Carrying		Level 1		Level 2		Level 3
		Amount		Inputs		Inputs		Inputs
	Cash equivalents	$	27,437	$	27,437	$	—	$	—
	Restricted cash equivalents		93,739		93,739		—		—
	Investments in marketable securities		3,739		3,739		—		—
		At December 29, 2013
				Fair Value Estimated Using
		Carrying		Level 1		Level 2		Level 3
		Amount		Inputs		Inputs		Inputs
	Cash equivalents	$	5,303	$	5,303	$	—	$	—
	Restricted cash equivalents		93,608		93,608		—		—
	Investments in marketable securities		3,269		3,269		—		—
	At March 23, 2014, the Company estimates that the $1.528 billion in principal amount of outstanding fixed rate notes had a fair value of approximately $1.630 billion, and at December 29, 2013 the $1.534 billion in principal amount of outstanding fixed rate notes had a fair value of approximately $1.643 billion. The fixed rate notes are classified as a Level 2 measurement, 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 fixed rate 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 here 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 value.

Sale_of_CompanyOwned_Stores

Sale of Company-Owned Stores	3 Months Ended
	Mar. 23, 2014
Text Block [Abstract]	'
Sale of Company-Owned Stores	'
	9. Sale of Company-Owned Stores
	During the first quarter of 2014, the Company sold 14 Company-owned stores to a franchisee. In connection with the sale of these 14 stores, the Company recorded a $1.7 million pre-tax gain on the sale of the related assets, which was net of a $0.5 million reduction in goodwill. The gain was recorded in general and administrative expense in the Company’s condensed consolidated statements of income. This transaction will not have a material ongoing impact on the Company’s consolidated financial results.
	As a result of the capital gain recognized in connection with the sale of the 14 Company-owned stores, the Company also released $0.3 million of a deferred tax valuation allowance.

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Mar. 23, 2014
Segment Reporting [Abstract]	'
Revenues, Income from Operations and Earnings Before Interest, Taxes, Depreciation, Amortization and Other, for each of Reportable Segments	'
	The following table summarizes revenues, income from operations and earnings before interest, taxes, depreciation, amortization and other, which is the measure by which the Company allocates resources to its segments and which we refer to as Segment Income, for each of our reportable segments.
		Fiscal Quarters Ended March 23, 2014 and March 24, 2013
		Domestic			Domestic			International		Intersegment			Other			Total
		Stores			Supply					Revenues
					Chain
	Revenues –
	2014	$	135,878		$	282,245		$	60,447	$	(24,718	)	$	–		$	453,852
	2013		132,412			254,745			53,674		(23,214	)		–			417,617
	Income from operations –
	2014	$	48,091		$	21,229		$	30,161		N/A		$	(15,306	)	$	84,175
	2013		43,835			20,537			27,052		N/A			(15,899	)		75,525
	Segment Income –
	2014	$	47,979		$	23,215		$	30,273		N/A		$	(7,972	)	$	93,495
	2013		45,302			22,367			27,124		N/A			(8,109	)		86,684
Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes	'
	The following table reconciles Total Segment Income to consolidated income before provision for income taxes.
		Fiscal Quarter Ended
		March 23,			March 24,
		2014			2013
	Total Segment Income	$	93,495		$	86,684
	Depreciation and amortization		(6,421	)		(5,631	)
	Gains on sale/disposal of assets		1,556			88
	Non-cash compensation expense		(4,455	)		(5,616	)
	Income from operations		84,175			75,525
	Interest income		31			42
	Interest expense		(20,326	)		(20,945	)
	Income before provision for income taxes	$	63,880		$	54,622

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Mar. 23, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
		Fiscal Quarter Ended
		March 23,		March 24,
		2014		2013
	Net income available to common	$	40,474	$	34,420
	stockholders – basic and diluted
	Basic weighted average number of shares		55,211,837		55,746,790
	Earnings per share – basic	$	0.73	$	0.62
	Diluted weighted average number of shares		57,372,471		58,224,408
	Earnings per share – diluted	$	0.71	$	0.59

Stockholders_Deficit_Tables

Stockholders' Deficit (Tables)	3 Months Ended
	Mar. 23, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Changes in Stockholder's Deficit	'
	The following table summarizes changes in Stockholders’ Deficit for the first quarter of 2014.
														Accumulated
								Additional						Other
		Common Stock						Paid-in			Retained			Comprehensive
		Shares			Amount			Capital			Deficit			Loss
	Balance at December 29, 2013		55,768,672		$	558		$	669		$	(1,289,445	)	$	(1,984	)
	Net income		—			—			—			40,474			—
	Common stock dividends		—			—			—			(13,952	)		—
	Issuance of common stock, net		25,418			—			—			—			—
	Common stock effectively repurchased for required employee tax withholdings		(58,671	)		(1	)		(4,307	)		—			—
	Purchases of common stock		(221,481	)		(2	)		(7,935	)		(7,194	)		—
	Exercise of stock options		260,537			3			2,455			—			—
	Tax impact from equity-based compensation		—			—			7,834			—			—
	Non-cash compensation expense		—			—			4,455			—			—
	Currency translation adjustment, net of tax		—			—			—			—			(584	)
	Balance at March 23, 2014		55,774,475		$	558		$	3,171		$	(1,270,117	)	$	(2,568	)

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 23, 2014
Fair Value Disclosures [Abstract]	'
Carrying Amounts and Fair Values of Certain Assets	'
	The following tables summarize the carrying amounts and fair values of certain assets at March 23, 2014 and December 29, 2013:
		At March 23, 2014
				Fair Value Estimated Using
		Carrying		Level 1		Level 2		Level 3
		Amount		Inputs		Inputs		Inputs
	Cash equivalents	$	27,437	$	27,437	$	—	$	—
	Restricted cash equivalents		93,739		93,739		—		—
	Investments in marketable securities		3,739		3,739		—		—
		At December 29, 2013
				Fair Value Estimated Using
		Carrying		Level 1		Level 2		Level 3
		Amount		Inputs		Inputs		Inputs
	Cash equivalents	$	5,303	$	5,303	$	—	$	—
	Restricted cash equivalents		93,608		93,608		—		—
	Investments in marketable securities		3,269		3,269		—		—

Revenues_Income_from_Operation

Revenues, Income from Operations and Earnings Before Interest, Taxes, Depreciation, Amortization and Other, for each of Reportable Segments (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013
Segment Reporting Information [Line Items]	'	'
Revenues	$453,852	$417,617
Income from operations	84,175	75,525
Segment Income	93,495	86,684
Operating Segments [Member] | Domestic Stores [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	135,878	132,412
Income from operations	48,091	43,835
Segment Income	47,979	45,302
Operating Segments [Member] | Domestic Supply Chain [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	282,245	254,745
Income from operations	21,229	20,537
Segment Income	23,215	22,367
Operating Segments [Member] | International [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	60,447	53,674
Income from operations	30,161	27,052
Segment Income	30,273	27,124
Intersegment Revenues [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	-24,718	-23,214
Segment Reconciling [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	'	'
Income from operations	-15,306	-15,899
Segment Income	($7,972)	($8,109)

Reconciliation_of_Total_Segmen

Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013
Segment Reporting [Abstract]	'	'
Total Segment Income	$93,495	$86,684
Depreciation and amortization	-6,421	-5,631
Gains on sale/disposal of assets	1,556	88
Non-cash compensation expense	-4,455	-5,616
Income from operations	84,175	75,525
Interest income	31	42
Interest expense	-20,326	-20,945
Income before provision for income taxes	$63,880	$54,622

Earnings_Per_Share_Detail

Earnings Per Share (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013
Earnings Per Share [Abstract]	'	'
Net income available to common stockholders - basic and diluted	$40,474	$34,420
Basic weighted average number of shares	55,211,837	55,746,790
Earnings per share - basic	$0.73	$0.62
Diluted weighted average number of shares	57,372,471	58,224,408
Earnings per share - diluted	$0.71	$0.59

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
	Mar. 23, 2014	Mar. 24, 2013
Earnings Per Share [Abstract]	'	'
Anti-dilutive stock options to purchase common stock not included in calculating earnings per share	199,040	466,920

Changes_in_Stockholders_Defici

Changes in Stockholder's Deficit (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 23, 2014		Mar. 24, 2013
Stockholders' Deficit [Line Items]	'		'
Beginning Balance	($1,290,202)	[1]	'
Net income	40,474		34,420
Non-cash compensation expense	-4,455		-5,616
Ending Balance	-1,268,956		'
Common Stock [Member]	'		'
Stockholders' Deficit [Line Items]	'		'
Beginning Balance, (in shares)	55,768,672		'
Beginning Balance	558		'
Issuance of common stock, net	'		'
Issuance of common stock, net, (in shares)	25,418		'
Common stock effectively repurchased for required employee tax withholdings, (in shares)	-58,671		'
Common stock effectively repurchased for required employee tax withholdings	-1		'
Purchases of common stock	-2		'
Purchases of common stock, (in shares)	-221,481		'
Exercise of stock options, (in shares)	260,537		'
Exercise of stock options	3		'
Ending Balance, (in shares)	55,774,475		'
Ending Balance	558		'
Additional Paid-in Capital [Member]	'		'
Stockholders' Deficit [Line Items]	'		'
Beginning Balance	669		'
Issuance of common stock, net	'		'
Common stock effectively repurchased for required employee tax withholdings	-4,307		'
Purchases of common stock	-7,935		'
Exercise of stock options	2,455		'
Tax impact from equity-based compensation	7,834		'
Non-cash compensation expense	4,455		'
Ending Balance	3,171		'
Retained Deficit [Member]	'		'
Stockholders' Deficit [Line Items]	'		'
Beginning Balance	-1,289,445		'
Net income	40,474		'
Common stock dividends	-13,952		'
Issuance of common stock, net	'		'
Purchases of common stock	-7,194		'
Ending Balance	-1,270,117		'
Accumulated Other Comprehensive Loss [Member]	'		'
Stockholders' Deficit [Line Items]	'		'
Beginning Balance	-1,984		'
Issuance of common stock, net	'		'
Currency translation adjustment, net of tax	-584		'
Ending Balance	($2,568)		'
[1]	The balance sheet at December 29, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Dividends_Additional_Informati

Dividends - Additional Information (Detail) (USD $)	3 Months Ended				0 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 23, 2014	Mar. 24, 2013	Dec. 29, 2013		Apr. 29, 2014
					Additional [Member]
					Subsequent Event [Member]
Dividends Payable [Line Items]	'	'	'		'
Dividends declared per share	$0.25	$0.20	'		$0.25
Common stock dividends accrued	$14,490	'	$11,849	[1]	'
Common stock dividend paid	$11,053	$327	'		'
Record date of dividend	'	'	'		13-Jun-14
Dividend payable date	'	'	'		30-Jun-14
[1]	The balance sheet at December 29, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 23, 2014	Mar. 24, 2013	Dec. 29, 2013
Equity [Abstract]	'	'	'
Accumulated other comprehensive loss	($2,568,000)	'	($1,984,000)	[1]
Reclassification losses from accumulated other comprehensive loss to net income	$0	$0	'
[1]	The balance sheet at December 29, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Open_Market_Share_Repurchase_P1

Open Market Share Repurchase Program - Additional Information (Detail) (USD $)	3 Months Ended		1 Months Ended
	Mar. 23, 2014	Mar. 24, 2013	Apr. 24, 2014
			Subsequent Event [Member]
Share Repurchases [Line Items]	'	'	'
Common stock repurchased and retired (in shares)	221,481	362,899	153,812
Common stock repurchased and retired	$15,131,000	$18,019,000	$11,400,000
Share repurchase program, approved amount	200,000,000	'	'
Stock repurchase program, amount remaining	$200,000,000	'	'

Carrying_Amounts_and_Fair_Valu

Carrying Amounts and Fair Values of Certain Assets (Detail) (USD $)	Mar. 23, 2014	Dec. 29, 2013
In Thousands, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Cash equivalents, carrying amount	$27,437	$5,303
Restricted cash equivalents, carrying amount	93,739	93,608
Investments in marketable securities, carrying amount	3,739	3,269
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Cash equivalents, fair value	27,437	5,303
Restricted cash equivalents, fair value	93,739	93,608
Investments in marketable securities, carrying amount	$3,739	$3,269

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (Fixed Rate Senior Notes [Member], USD $)	Mar. 23, 2014	Dec. 29, 2013
In Millions, unless otherwise specified
Fixed Rate Senior Notes [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Principal amount of outstanding debt	$1,528	$1,534
Fair value of debt outstanding	$1,630	$1,643

Sale_of_CompanyOwned_Stores_Ad

Sale of Company-Owned Stores - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 23, 2014
	Store
Restructuring And Related Activities [Abstract]	'
Number of company-owned stores sold	14
Pre-tax gain on sale of assets, net of goodwill reduction, charged to general and administrative expenses	$1.70
Reduction of goodwill related to sale of stores	0.5
Deferred tax valuation allowance	$0.30