Domino's Pizza (DPZ) 10-Q 16 Jul 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 16, 2019	Jul. 09, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Entity Interactive Data Current	Yes
Document Quarterly Report	true
Document Transition Report	false
Amendment Flag	false
Document Period End Date	Jun. 16, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Registrant Name	DOMINOS PIZZA INC
Entity Central Index Key	0001286681
Entity File Number	001-32242
Entity Tax Identification Number	38-2511577
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-29
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, Address Line One	30 Frank Lloyd Wright Drive
Entity Address, City or Town	Ann Arbor
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48105
City Area Code	734
Local Phone Number	930-3030
Trading Symbol	DPZ
Security Exchange Name	NYSE
Title of 12(b) Security	Common Stock
Entity Common Stock, Shares Outstanding		41,232,984

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 30, 2018	[1]
Current assets:
Cash and cash equivalents	$ 108,259	$ 25,438
Restricted cash and cash equivalents	152,713	166,993
Accounts receivable, net	182,904	190,091
Inventories	44,281	45,975
Prepaid expenses and other	37,578	25,710
Advertising fund assets, restricted	117,712	112,744
Total current assets	643,447	566,951
Property, plant and equipment:
Land and buildings	41,385	41,147
Leasehold and other improvements	155,532	170,498
Equipment	237,088	243,654
Construction in progress	29,314	31,822
Property, plant and equipment, Gross	463,319	487,121
Accumulated depreciation and amortization	(249,184)	(252,182)
Property, plant and equipment, net	214,135	234,939
Other assets:
Operating lease right-of-use assets	211,204
Goodwill	13,542	14,919
Capitalized software, net	69,629	63,809
Other assets	21,965	21,241
Deferred income taxes	3,245	5,526
Total other assets	319,585	105,495
Total assets	1,177,167	907,385
Current liabilities:
Current portion of long-term debt	35,919	35,893
Accounts payable	82,456	92,546
Operating lease liabilities	30,156
Insurance reserves	22,078	22,210
Dividends payable	27,355	581
Advertising fund liabilities	113,416	107,150
Other accrued liabilities	101,526	121,363
Total current liabilities	412,906	379,743
Long-term liabilities:
Long-term debt, less current portion	3,414,988	3,495,691
Operating lease liabilities	188,305
Insurance reserves	33,507	31,065
Other accrued liabilities	31,747	40,807
Total long-term liabilities	3,668,547	3,567,563
Stockholders' deficit:
Common stock	412	410
Additional paid-in capital	10,788	569
Retained deficit	(2,911,278)	(3,036,471)
Accumulated other comprehensive loss	(4,208)	(4,429)
Total stockholders' deficit	(2,904,286)	(3,039,921)
Total liabilities and stockholders' deficit	$ 1,177,167	$ 907,385
[1]	The balance sheet at December 30, 2018 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 Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Revenues:
Revenue	$ 811,647	$ 779,396	$ 1,647,610	$ 1,564,767
Cost of sales:
Cost of sales	494,976	485,816	1,008,650	971,322
Operating margin	316,671	293,580	638,960	593,445
General and administrative	89,248	86,506	178,912	170,684
U.S. franchise advertising	88,500	80,929	177,621	163,140
Income from operations	138,923	126,145	282,427	259,621
Interest income	922	1,179	1,615	1,659
Interest expense	(33,866)	(36,127)	(68,920)	(66,413)
Income before provision for income taxes	105,979	91,197	215,122	194,867
Provision for income taxes	13,620	13,789	30,113	28,632
Net income	$ 92,359	$ 77,408	$ 185,009	$ 166,235
Earnings per share:
Common stock - basic	$ 2.25	$ 1.84	$ 4.52	$ 3.92
Common stock - diluted	$ 2.19	$ 1.78	$ 4.38	$ 3.78
U.S. Stores [Member] | U.S. Company-owned stores [Member]
Revenues:
Revenue	$ 105,001	$ 118,795	$ 228,451	$ 239,981
Cost of sales:
Cost of sales	80,366	91,976	175,906	185,014
U.S. Stores [Member] | U.S. franchise royalties and fees [Member]
Revenues:
Revenue	95,594	87,418	192,302	176,908
U.S. Stores [Member] | U.S. franchise advertising [Member]
Revenues:
Revenue	88,500	80,929	177,621	163,140
Supply Chain [Member]
Revenues:
Revenue	467,577	440,917	939,677	880,980
Cost of sales:
Cost of sales	414,610	393,840	832,744	786,308
International Franchise [Member] | International franchise royalties and fees [Member]
Revenues:
Revenue	$ 54,975	$ 51,337	$ 109,559	$ 103,758

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 92,359	$ 77,408	$ 185,009	$ 166,235
Currency translation adjustment	(16)	(603)	221	(1,058)
Comprehensive income	$ 92,343	$ 76,805	$ 185,230	$ 165,177

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019		Jun. 17, 2018
Cash flows from operating activities:
Net income	$ 92,359	$ 77,408	$ 185,009		$ 166,235
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	14,060	12,240	27,850		23,310
Loss on sale/disposal of assets	2,680	154	2,829		519
Amortization of debt issuance costs			2,198		5,469
Provision for deferred income taxes			2,276		1,484
Non-cash compensation expense	3,981	5,379	8,589		11,443
Excess tax benefits from equity-based compensation			(18,446)		(15,318)
Other			550		111
Changes in operating assets and liabilities			(10,713)		(50,165)
Changes in advertising fund assets and liabilities, restricted			1,411		11,624
Net cash provided by operating activities			201,553		154,712
Cash flows from investing activities:
Capital expenditures			(25,708)		(37,290)
Proceeds from sale of assets			8,161		323
Maturities of advertising fund investments, restricted			15,152		29,007
Purchases of advertising fund investments, restricted					(35,152)
Other			(132)		(672)
Net cash used in investing activities			(2,527)		(43,784)
Cash flows from financing activities:
Proceeds from issuance of long-term debt					905,000
Repayments of long-term debt and finance lease obligations			(82,886)		(586,133)
Proceeds from exercise of stock options			9,290		5,206
Purchases of common stock			(11,453)		(320,067)
Tax payments for restricted stock upon vesting			(2,567)		(2,318)
Payments of common stock dividends and equivalents			(26,680)		(23,538)
Cash paid for financing costs					(8,207)
Net cash used in financing activities			(114,296)		(30,057)
Effect of exchange rate changes on cash			111		(132)
Change in cash and cash equivalents, restricted cash and cash equivalents			84,841		80,739
Cash and cash equivalents, beginning of period			25,438	[1]	35,768
Restricted cash and cash equivalents, beginning of period			166,993	[1]	191,762
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period			44,988		27,316
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period			237,419		254,846
Cash and cash equivalents, end of period	108,259	157,788	108,259		157,788
Restricted cash and cash equivalents, end of period	152,713	144,970	152,713		144,970
Cash and cash equivalents included in advertising fund assets, restricted, end of period	61,288	32,827	61,288		32,827
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period	$ 322,260	$ 335,585	$ 322,260		$ 335,585
[1]	The balance sheet at December 30, 2018 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 and Updat

Basis of Presentation and Updates to Significant Accounting Policies	6 Months Ended
	Jun. 16, 2019
Accounting Policies [Abstract]
Basis of Presentation and Updates to Significant Accounting Policies	1. Basis of Presentation and Updates to Significant Accounting Policies 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 10-01 S-X. 10-K, 10-K”). In the opinion of management, all adjustments, consisting of normal recurring items, considered necessary for a fair statement have been included. Operating results for the fiscal quarter ended June 16, 2019 are not necessarily indicative of the results that may be expected for the fiscal year ending December 29, 2019. Updates to Significant Accounting Policies The Company adopted Accounting Standards Codification 842, Leases Leases The Company leases certain retail store and supply chain center locations, supply chain vehicles and its corporate headquarters. The Company determines whether an arrangement is or contains a lease at contract inception. The majority of the Company’s leases are classified as operating leases, which are included in operating lease right-of-use assets and operating lease liabilities in the Company’s condensed consolidated balance sheet. Finance leases are included in property, plant and equipment, current portion of long-term debt and long-term debt on the Company’s condensed consolidated balance sheet. Right-of-use assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date for leases exceeding 12 months. Minimum lease payments include only the fixed lease component of the agreement, as well as any variable rate payments that depend on an index, initially measured using the index at the lease commencement date. Lease terms may include options to renew when it is reasonably certain that the Company will exercise that option. The Company estimates its incremental borrowing rate for each lease using a portfolio approach based on the respective weighted average term of the agreements. This estimation considers the market rates of the Company’s outstanding collateralized borrowings and interpolations of rates outside of the terms of the outstanding borrowings, including comparisons to comparable borrowings of similarly-rated companies with longer term borrowings. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Amortization expense for finance leases is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense, while interest expense for finance leases is recognized using the effective interest method. Variable lease payments that do not depend on a rate or index, payments associated with non-lease components and short-term rentals (leases with terms less than months) are expensed as incurred.

Segment Information

Segment Information	6 Months Ended
	Jun. 16, 2019
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 the Company refers to as Segment Income, for each of its reportable segments. Fiscal Quarters Ended June 16, 2019 and June 17, 2018 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2019 $ 289,095 $ 495,989 $ 54,975 $ (28,412 ) $ — $ 811,647 2018 287,142 474,471 51,337 (33,554 ) — 779,396 Income from operations 2019 $ 77,050 $ 41,305 $ 41,432 N/A $ (20,864 ) $ 138,923 2018 73,193 36,494 39,104 N/A (22,646 ) 126,145 Segment Income 2019 $ 82,006 $ 45,382 $ 41,491 N/A $ (9,235 ) $ 159,644 2018 76,087 39,454 39,150 N/A (10,241 ) 144,450 Two Fiscal Quarters Ended June 16, 2019 and June 17, 2018 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2019 $ 598,374 $ 1,001,670 $ 109,559 $ (61,993 ) $ — $ 1,647,610 2018 580,029 948,426 103,758 (67,446 ) — 1,564,767 Income from operations 2019 $ 157,664 $ 83,327 $ 84,186 N/A $ (42,750 ) $ 282,427 2018 148,481 73,866 80,628 N/A (43,354 ) 259,621 Segment Income 2019 $ 165,604 $ 91,429 $ 84,290 N/A $ (19,628 ) $ 321,695 2018 154,431 79,610 80,721 N/A (19,337 ) 295,425 The following table reconciles Total Segment Income to consolidated income before provision for income taxes. Fiscal Quarter Ended Two Fiscal Quarters Ended June 16, June 17, June 16, June 17, 2019 2018 2019 2018 Total Segment Income $ 159,644 $ 144,450 $ 321,695 $ 295,425 Depreciation and amortization (14,060 ) (12,240 ) (27,850 ) (23,310 ) Loss on sale/disposal of assets (2,680 ) (154 ) (2,829 ) (519 ) Non-cash (3,981 ) (5,379 ) (8,589 ) (11,443 ) Recapitalization-related expenses — (532 ) — (532 ) Income from operations 138,923 126,145 282,427 259,621 Interest income 922 1,179 1,615 1,659 Interest expense (33,866 ) (36,127 ) (68,920 ) (66,413 ) Income before provision for income taxes $ 105,979 $ 91,197 $ 215,122 $ 194,867

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 16, 2019
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share Fiscal Quarter Ended Two Fiscal Quarters Ended June 16, June 17, June 16, June 17, 2019 2018 2019 2018 Net income available to common stockholders - basic and diluted $ 92,359 $ 77,408 $ 185,009 $ 166,235 Basic weighted average number of shares 41,023,269 42,044,035 40,944,400 42,433,073 Earnings per share – basic $ 2.25 $ 1.84 $ 4.52 $ 3.92 Diluted weighted average number of shares 42,236,507 43,582,996 42,219,649 43,981,253 Earnings per share – diluted $ 2.19 $ 1.78 $ 4.38 $ 3.78 The denominators used in calculating diluted earnings per share for the second quarter and two fiscal quarters of 2019 each do not include 71,180 options to purchase common stock, as the effect of including these options would have been anti-dilutive. The denominators used in calculating diluted earnings per share for the second quarter and two fiscal quarters of 2019 93,412 The denominators used in calculating diluted earnings per share for common stock for the second quarter and two fiscal quarters of 2018 do not include 68,760 90,670 restricted performance shares, as the performance targets for these awards had not yet been met.

Changes in Stockholders' Defici

Changes in Stockholders' Deficit	6 Months Ended
	Jun. 16, 2019
Federal Home Loan Banks [Abstract]
Changes in Stockholders' Deficit	4. Changes in Stockholders’ Deficit The following table summarizes changes in stockholders’ deficit for the second quarter of 2019. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at March 24, 2019 41,083,890 $ 411 $ 5,464 $ (2,976,848 ) $ (4,192 ) Net income — — — 92,359 — Dividends declared on common stock and equivalents ($ 0.65 — — — (26,789 ) — Issuance and cancellation of stock awards, net (3,079 ) — — — — Tax payments for restricted stock upon vesting (377 ) — (100 ) — — Purchases of common stock (12,295 ) (1 ) (3,308 ) — — Exercise of stock options 164,219 2 4,751 — — Non-cash — — 3,981 — — Currency translation adjustment — — — — (16 ) Balance at June 16, 2019 41,232,358 $ 412 $ 10,788 $ (2,911,278 ) $ (4,208 ) The following table summarizes changes in stockholders deficit for the two fiscal quarters of 2019. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at December 30, 2018 40,977,561 $ 410 $ 569 $ (3,036,471 ) $ (4,429 ) Net income — — — 185,009 — Dividends declared on common stock and equivalents ($ 1.30 — — — (53,454 ) — Issuance and cancellation of stock awards, net 5,161 — — — Tax payments for restricted stock upon vesting (9,441 ) — (2,567 ) — — Purchases of common stock (45,844 ) (1 ) (5,090 ) (6,362 ) — Exercise of stock options 304,921 3 9,287 — — Non-cash — — 8,589 — — Currency translation adjustment — — — — 221 Balance at June 16, 2019 41,232,358 $ 412 $ 10,788 $ (2,911,278 ) $ (4,208 ) Subsequent to the second quarter, on July 10, 2019 September 13, 2019 September 30, 2019 The following table summarizes changes in stockholders’ deficit for the second quarter of 2018. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at March 25, 2018 42,625,881 $ 426 $ 137 $ (2,768,591 ) $ (2,836 ) Net income — — — 77,408 — Dividends declared on common stock and equivalents ($ 0.55 — — — (23,012 ) — Issuance and cancellation of stock awards, net (1,340 ) — — — — Tax payments for restricted stock upon vesting (76 ) — (19 ) — — Purchases of common stock (905,556 ) (9 ) (6,248 ) (212,726 ) — Exercise of stock options 118,784 1 1,487 — — Non-cash — — 5,380 — — Currency translation adjustment — — — — (603 ) Balance at June 17, 2018 41,837,693 $ 418 $ 737 $ (2,926,921 ) $ (3,439 ) The following table summarizes changes in stockholders’ deficit for the two fiscal quarters of 2018. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at December 31, 2017 42,898,329 $ 429 $ 5,654 $ (2,739,437 ) $ (2,030 ) Net income — — — 166,235 — Dividends declared on common stock and equivalents ($ 1.10 — — — (46,561 ) — Issuance and cancellation of stock awards, net 7,866 — — — — Tax payments for restricted stock upon vesting (10,237 ) — (2,318 ) — — Purchases of common stock (1,353,564 ) (14 ) (19,245 ) (300,808 ) — Exercise of stock options 295,299 3 5,203 — — Non-cash — — 11,443 — — Adoption of revenue recognition accounting standard — — — (6,701 ) — Currency translation adjustment — — — — (1,058 ) Reclassification adjustment for stranded taxes — — — 351 (351 ) Balance at June 17, 2018 41,837,693 $ 418 $ 737 $ (2,926,921 ) $ (3,439 )

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 16, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. 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 June 16, 2019 and December 30, 2018: At June 16, 2019 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 93,178 $ 93,178 $ — $ — Restricted cash equivalents 91,476 91,476 — — Investments in marketable securities 10,068 10,068 — — Advertising fund cash equivalents, restricted 52,055 52,055 — — Advertising fund investments, restricted 35,000 35,000 — — 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 — — Management estimated the approximate fair values of the 2015 fixed rate notes, the 2017 fixed and floating rate notes and the 2018 fixed rate notes as follows: June 16, 2019 December 30, 2018 Principal Amount Fair Value Principal Amount Fair Value 2015 Ten-Year $ 776,000 $ 810,920 $ 780,000 $ 783,120 2017 Five-Year Fixed Rate Notes 589,500 589,500 592,500 575,910 2017 Ten-Year 982,500 1,014,923 987,500 956,888 2017 Five-Year Floating Rate Notes 294,750 294,455 296,250 295,065 2018 7.5-Year 420,750 432,952 422,875 416,955 2018 9.25-Year 396,000 413,820 398,000 396,010 At June 16, 2019, the Company did not have any outstanding borrowings under its variable funding notes. The Company had $65.0 million outstanding under its variable funding notes at December 30, 2018. Borrowings under the variable funding notes are a variable rate loan. The fair value of this loan approximated 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. The fixed and floating rate notes are classified as Level 2 measurements, as the Company estimates the fair value amount by using available market information. The Company obtained quotes from two separate brokerage firms that are knowledgeable about the Company’s fixed and floating rate notes and, at times, trade these notes. The Company also performed its own internal analysis based on the information gathered from public markets, including information on notes that are similar to those of the Company. However, considerable judgment is required to interpret market data to estimate fair value. Accordingly, the fair value estimates presented 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 stated above.

Revenue Disclosures

Revenue Disclosures	6 Months Ended
	Jun. 16, 2019
Revenue from Contract with Customer [Abstract]
Revenue Disclosures	6. Revenue Disclosures Contract Liabilities Contract liabilities consist of deferred franchise fees and deferred development fees. Changes in contract liabilities were as follows: Two Fiscal Quarters Ended June 16, June 17, 2019 2018 Contract liabilities at beginning of period $ 19,900 $ 19,404 Revenue recognized during the period (2,630 ) (2,325 ) New deferrals due to cash received and other 1,807 3,239 Contract liabilities at end of period $ 19,077 $ 20,318 Advertising Fund Assets As of June 16, 2019, advertising fund assets, restricted of $117.7 million consisted of $96.3 million of cash, cash equivalents and investments, $18.6 million of accounts receivable and $2.8 million of prepaid expenses. As of June 16, 2019, advertising fund cash, cash equivalents and investments included $4.3 million of cash contributed from Company-owned stores that had not yet been expended. As of December 30, 2018, advertising fund assets, restricted of $112.7 million consisted of $95.1 million of cash, cash equivalents and investments, $15.3 million of accounts receivable and $2.3 million of prepaid expenses. As of December 30, 2018, advertising fund cash, cash equivalents and investments included $5.5 million of cash contributed from Company-owned stores that had not yet been expended.

Lease Disclosures

Lease Disclosures	6 Months Ended
	Jun. 16, 2019
Leases [Abstract]
Lease Disclosures	7. The Company leases certain retail store and supply chain center locations, supply chain vehicles and its corporate headquarters with expiration dates through 2034. The components of operating and finance lease cost for the second quarter and two fiscal quarters of 2019 were as follows: Fiscal Quarter Ended Two Fiscal Quarters Ended June 16, June 16, 2019 2019 Operating lease cost $ 9,518 $ 20,314 Finance lease cost: Amortization of right-of-use 255 509 Interest on lease liabilities 317 796 Total finance lease cost $ 572 $ 1,305 Rent expense totaled $ 15.9 32.3 15.2 30.6 non-lease Supplemental balance sheet information related to the Company’s leases as of June 16, 2019 and December 30, 2018 was as follows: June 16, December 30, 2019 2018 Land and buildings $ 22,183 $ 22,171 Accumulated depreciation and amortization (7,187 ) (6,678 ) Finance lease assets, net $ 14,996 $ 15,493 Current portion of long-term debt $ 669 $ 643 Long-term debt, less current portion 16,087 16,363 Total principal payable on finance leases $ 16,756 $ 17,006 As of June 16, 2019, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows: Operating Finance Leases Leases Weighted average remaining lease term 8 14 Weighted average discount rate 3.9 % 11.3 % Supplemental cash flow information related to leases for the second quarter and two fiscal quarters of 2019 was as follows: Fiscal Quarter Two Fiscal Quarters June 16, 2019 June 16, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 9,398 $ 20,088 Operating cash flows from finance leases 317 796 Financing cash flows from finance leases 106 261 Right-of-use assets obtained in exchange for new lease obligations: Operating leases 13,391 26,368 Finance leases — — During the first quarter of 2018, the Company renewed the lease of a supply chain center building and extended the term of the lease through 2033. As a result of the lease renewal, the Company recorded non-cash financing activities of $2.6 million for the increase in capital lease assets and liabilities during the two fiscal quarters of 2018. Maturities of lease liabilities as of June 16, 2019 were as follows: Operating Finance Leases Leases 2019 $ 19,825 $ 1,389 2020 36,827 2,416 2021 34,323 2,434 2022 31,191 2,452 2023 28,591 2,475 Thereafter 105,474 23,796 Total future minimum rental commitments 256,231 34,962 Less – amounts representing interest (37,770 ) (18,206 ) Total lease liabilities $ 218,461 $ 16,756 Maturities of lease liabilities as of December 30, 2018 were as follows: Operating Finance Leases Leases 2019 $ 40,752 $ 2,396 2020 37,519 2,415 2021 34,538 2,433 2022 30,763 2,451 2023 27,388 2,474 Thereafter 100,310 23,781 Total future minimum rental commitments $ 271,270 35,950 Less – amounts representing interest (18,944 ) Total principal payable on finance leases $ 17,006 As of June 16, 2019, the Company has additional operating leases for supply chain center tractors and trailers and a new office building being constructed by the Company’s landlord that had not yet commenced with estimated future minimum rental commitments of approximately $36.4 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 undiscounted amounts are not included in the tables above. The Company has guaranteed lease payments related to certain franchisees’ lease arrangements. The maximum amount of potential future payments under these guarantees is $18.2 million and $2.4 million as of June 16, 2019 and December 30, 2018, respectively. The Company does not believe these arrangements have or are likely to have a material effect on its results of operations, financial condition, revenues or expenses, capital expenditures or liquidity.

Legal Matters

Legal Matters	6 Months Ended
	Jun. 16, 2019
Commitments and Contingencies Disclosure [Abstract]
Legal Matters	8 . Legal Matters 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 case went to trial in 2016 and the Company was found liable, but the verdict was reversed by the Florida Fifth District Court of Appeals in May 2018 and was remanded to the Ninth Judicial Circuit Court of Florida for a new trial. The case was tried again in June 2019 and the jury returned an $9.0 million judgment for the plaintiff where the Company and Mr. Kidd were found to be 100% liable (after certain offsets and other deductions the final verdict was $8.0 million). The Company continues to deny liability and has filed post-judgment motions with the ultimate intention of filing another appeal of the verdict, if necessary.

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	6 Months Ended
	Jun. 16, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures of Cash Flow Information	9. Supplemental Disclosures of Cash Flow Information The Company had non-cash

Sale of Company-Owned Stores

Sale of Company-Owned Stores	6 Months Ended
	Jun. 16, 2019
Restructuring and Related Activities [Abstract]
Sale of Company-Owned Stores	10. Sale of Company-owned Stores During the second quarter of 2019, the Company sold 59 U.S. Company-owned stores to certain of its existing U.S. franchisees for proceeds of $9.7 million, of which $8.1 million was received in cash during the quarter. The remaining $1.6 million was included in short-term notes receivable as of June 16, 2019. In connection with the sale of the stores, the Company recorded a $2.4 million pre-tax loss on the sale of the related assets and liabilities, which included a $1.4 million reduction in goodwill. The loss was recorded in general and administrative expense in the Company’s condensed consolidated statements of income.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 16, 2019
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	11. New Accounting Pronouncements Recently Adopted Accounting Standard Accounting Standards Update 2016-02, Leases (Topic 842) In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, Leases (Topic 842) The adoption of ASC 842 had a material impact on the Company’s assets and liabilities due to the recognition of operating lease right-of-use assets and lease liabilities on its condensed consolidated balance sheet. The Company elected the optional practical expedient to retain its current classification of leases, and accordingly, the adoption of ASC 842 did not have a material effect on the Company’s condensed consolidated statement of income and condensed consolidated statement of cash flows. Refer to Note 7 for additional disclosure related to the Company’s lease arrangements. The effects of the changes made to the Company’s condensed consolidated balance sheet as of December 31, 2018 for the adoption of ASC 842 were as follows: Balance at Adjustments Balance at Assets Current assets: Prepaid expenses and other $ 25,710 $ (35 ) $ 25,675 Property, plant and equipment: Construction in progress 31,822 (1,904 ) 29,918 Other assets: Operating lease right-of-use assets — 218,860 218,860 Liabilities and stockholders’ deficit Current liabilities: Operating lease liabilities — 32,033 32,033 Other accrued liabilities 55,001 (136 ) 54,865 Long-term liabilities: Operating lease liabilities — 194,736 194,736 Other accrued liabilities 40,807 (9,712 ) 31,095 On December 31, 2018, the Company recorded an adjustment of $226.8 million for operating lease right-of-use assets and liabilities. The operating lease right-of-use assets recorded on the date of adoption were also net of a $7.9 million reclassification of other accrued liabilities and prepaid expenses representing previously deferred (prepaid) rent and lease incentives. The Company also derecognized $1.9 million of construction in progress and other long-term accrued liabilities associated with a new building that will be leased to the Company upon completion in 2019. This lease was previously accounted for as a build-to-suit arrangement under prior lease accounting guidance. Accounting Standards Not Yet Adopted The Company has considered all new accounting standards issued by the FASB. The Company has not yet completed its assessment of the following standards. 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 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40) In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

Basis of Presentation and Upd_2

Basis of Presentation and Updates to Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 16, 2019
Accounting Policies [Abstract]
Leases	Leases The Company leases certain retail store and supply chain center locations, supply chain vehicles and its corporate headquarters. The Company determines whether an arrangement is or contains a lease at contract inception. The majority of the Company’s leases are classified as operating leases, which are included in operating lease right-of-use assets and operating lease liabilities in the Company’s condensed consolidated balance sheet. Finance leases are included in property, plant and equipment, current portion of long-term debt and long-term debt on the Company’s condensed consolidated balance sheet. Right-of-use assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date for leases exceeding 12 months. Minimum lease payments include only the fixed lease component of the agreement, as well as any variable rate payments that depend on an index, initially measured using the index at the lease commencement date. Lease terms may include options to renew when it is reasonably certain that the Company will exercise that option. The Company estimates its incremental borrowing rate for each lease using a portfolio approach based on the respective weighted average term of the agreements. This estimation considers the market rates of the Company’s outstanding collateralized borrowings and interpolations of rates outside of the terms of the outstanding borrowings, including comparisons to comparable borrowings of similarly-rated companies with longer term borrowings. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense. Amortization expense for finance leases is recognized on a straight-line basis over the lease term and is included in cost of sales or general and administrative expense, while interest expense for finance leases is recognized using the effective interest method. Variable lease payments that do not depend on a rate or index, payments associated with non-lease components and short-term rentals (leases with terms less than months) are expensed as incurred.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 16, 2019
Segment Reporting [Abstract]
Financial Information by Operating Segment	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 the Company refers to as Segment Income, for each of its reportable segments. Fiscal Quarters Ended June 16, 2019 and June 17, 2018 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2019 $ 289,095 $ 495,989 $ 54,975 $ (28,412 ) $ — $ 811,647 2018 287,142 474,471 51,337 (33,554 ) — 779,396 Income from operations 2019 $ 77,050 $ 41,305 $ 41,432 N/A $ (20,864 ) $ 138,923 2018 73,193 36,494 39,104 N/A (22,646 ) 126,145 Segment Income 2019 $ 82,006 $ 45,382 $ 41,491 N/A $ (9,235 ) $ 159,644 2018 76,087 39,454 39,150 N/A (10,241 ) 144,450 Two Fiscal Quarters Ended June 16, 2019 and June 17, 2018 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2019 $ 598,374 $ 1,001,670 $ 109,559 $ (61,993 ) $ — $ 1,647,610 2018 580,029 948,426 103,758 (67,446 ) — 1,564,767 Income from operations 2019 $ 157,664 $ 83,327 $ 84,186 N/A $ (42,750 ) $ 282,427 2018 148,481 73,866 80,628 N/A (43,354 ) 259,621 Segment Income 2019 $ 165,604 $ 91,429 $ 84,290 N/A $ (19,628 ) $ 321,695 2018 154,431 79,610 80,721 N/A (19,337 ) 295,425
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 Two Fiscal Quarters Ended June 16, June 17, June 16, June 17, 2019 2018 2019 2018 Total Segment Income $ 159,644 $ 144,450 $ 321,695 $ 295,425 Depreciation and amortization (14,060 ) (12,240 ) (27,850 ) (23,310 ) Loss on sale/disposal of assets (2,680 ) (154 ) (2,829 ) (519 ) Non-cash (3,981 ) (5,379 ) (8,589 ) (11,443 ) Recapitalization-related expenses — (532 ) — (532 ) Income from operations 138,923 126,145 282,427 259,621 Interest income 922 1,179 1,615 1,659 Interest expense (33,866 ) (36,127 ) (68,920 ) (66,413 ) Income before provision for income taxes $ 105,979 $ 91,197 $ 215,122 $ 194,867

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 16, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Fiscal Quarter Ended Two Fiscal Quarters Ended June 16, June 17, June 16, June 17, 2019 2018 2019 2018 Net income available to common stockholders - basic and diluted $ 92,359 $ 77,408 $ 185,009 $ 166,235 Basic weighted average number of shares 41,023,269 42,044,035 40,944,400 42,433,073 Earnings per share – basic $ 2.25 $ 1.84 $ 4.52 $ 3.92 Diluted weighted average number of shares 42,236,507 43,582,996 42,219,649 43,981,253 Earnings per share – diluted $ 2.19 $ 1.78 $ 4.38 $ 3.78

Changes in Stockholders' Defi_2

Changes in Stockholders' Deficit (Tables)	6 Months Ended
	Jun. 16, 2019
Federal Home Loan Banks [Abstract]
Changes in Stockholders' Deficit	The following table summarizes changes in stockholders’ deficit for the second quarter of 2019. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at March 24, 2019 41,083,890 $ 411 $ 5,464 $ (2,976,848 ) $ (4,192 ) Net income — — — 92,359 — Dividends declared on common stock and equivalents ($ 0.65 — — — (26,789 ) — Issuance and cancellation of stock awards, net (3,079 ) — — — — Tax payments for restricted stock upon vesting (377 ) — (100 ) — — Purchases of common stock (12,295 ) (1 ) (3,308 ) — — Exercise of stock options 164,219 2 4,751 — — Non-cash — — 3,981 — — Currency translation adjustment — — — — (16 ) Balance at June 16, 2019 41,232,358 $ 412 $ 10,788 $ (2,911,278 ) $ (4,208 ) The following table summarizes changes in stockholders deficit for the two fiscal quarters of 2019. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at December 30, 2018 40,977,561 $ 410 $ 569 $ (3,036,471 ) $ (4,429 ) Net income — — — 185,009 — Dividends declared on common stock and equivalents ($ 1.30 — — — (53,454 ) — Issuance and cancellation of stock awards, net 5,161 — — — Tax payments for restricted stock upon vesting (9,441 ) — (2,567 ) — — Purchases of common stock (45,844 ) (1 ) (5,090 ) (6,362 ) — Exercise of stock options 304,921 3 9,287 — — Non-cash — — 8,589 — — Currency translation adjustment — — — — 221 Balance at June 16, 2019 41,232,358 $ 412 $ 10,788 $ (2,911,278 ) $ (4,208 ) Subsequent to the second quarter, on July 10, 2019 September 13, 2019 September 30, 2019 The following table summarizes changes in stockholders’ deficit for the second quarter of 2018. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at March 25, 2018 42,625,881 $ 426 $ 137 $ (2,768,591 ) $ (2,836 ) Net income — — — 77,408 — Dividends declared on common stock and equivalents ($ 0.55 — — — (23,012 ) — Issuance and cancellation of stock awards, net (1,340 ) — — — — Tax payments for restricted stock upon vesting (76 ) — (19 ) — — Purchases of common stock (905,556 ) (9 ) (6,248 ) (212,726 ) — Exercise of stock options 118,784 1 1,487 — — Non-cash — — 5,380 — — Currency translation adjustment — — — — (603 ) Balance at June 17, 2018 41,837,693 $ 418 $ 737 $ (2,926,921 ) $ (3,439 ) The following table summarizes changes in stockholders’ deficit for the two fiscal quarters of 2018. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at December 31, 2017 42,898,329 $ 429 $ 5,654 $ (2,739,437 ) $ (2,030 ) Net income — — — 166,235 — Dividends declared on common stock and equivalents ($ 1.10 — — — (46,561 ) — Issuance and cancellation of stock awards, net 7,866 — — — — Tax payments for restricted stock upon vesting (10,237 ) — (2,318 ) — — Purchases of common stock (1,353,564 ) (14 ) (19,245 ) (300,808 ) — Exercise of stock options 295,299 3 5,203 — — Non-cash — — 11,443 — — Adoption of revenue recognition accounting standard — — — (6,701 ) — Currency translation adjustment — — — — (1,058 ) Reclassification adjustment for stranded taxes — — — 351 (351 ) Balance at June 17, 2018 41,837,693 $ 418 $ 737 $ (2,926,921 ) $ (3,439 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 16, 2019
Fair Value Disclosures [Abstract]
Carrying Amounts and Fair Values of Certain Assets	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 June 16, 2019 and December 30, 2018: At June 16, 2019 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 93,178 $ 93,178 $ — $ — Restricted cash equivalents 91,476 91,476 — — Investments in marketable securities 10,068 10,068 — — Advertising fund cash equivalents, restricted 52,055 52,055 — — Advertising fund investments, restricted 35,000 35,000 — — 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 — —
Schedule of Estimated Fair Value	Management estimated the approximate fair values of the 2015 fixed rate notes, the 2017 fixed and floating rate notes and the 2018 fixed rate notes as follows: June 16, 2019 December 30, 2018 Principal Amount Fair Value Principal Amount Fair Value 2015 Ten-Year $ 776,000 $ 810,920 $ 780,000 $ 783,120 2017 Five-Year Fixed Rate Notes 589,500 589,500 592,500 575,910 2017 Ten-Year 982,500 1,014,923 987,500 956,888 2017 Five-Year Floating Rate Notes 294,750 294,455 296,250 295,065 2018 7.5-Year 420,750 432,952 422,875 416,955 2018 9.25-Year 396,000 413,820 398,000 396,010

Revenue Disclosures (Tables)

Revenue Disclosures (Tables)	6 Months Ended
	Jun. 16, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees	Contract liabilities consist of deferred franchise fees and deferred development fees. Changes in contract liabilities were as follows: Two Fiscal Quarters Ended June 16, June 17, 2019 2018 Contract liabilities at beginning of period $ 19,900 $ 19,404 Revenue recognized during the period (2,630 ) (2,325 ) New deferrals due to cash received and other 1,807 3,239 Contract liabilities at end of period $ 19,077 $ 20,318

Lease Disclosures (Tables)

Lease Disclosures (Tables)	6 Months Ended
	Jun. 16, 2019
Leases [Abstract]
Components Of Operating And Finance Lease Cost	The components of operating and finance lease cost for the second quarter and two fiscal quarters of 2019 were as follows: Fiscal Quarter Ended Two Fiscal Quarters Ended June 16, June 16, 2019 2019 Operating lease cost $ 9,518 $ 20,314 Finance lease cost: Amortization of right-of-use 255 509 Interest on lease liabilities 317 796 Total finance lease cost $ 572 $ 1,305
Schedule of Supplemental Balance Sheet Information Related To Finance Leases	Supplemental balance sheet information related to the Company’s leases as of June 16, 2019 and December 30, 2018 was as follows: June 16, December 30, 2019 2018 Land and buildings $ 22,183 $ 22,171 Accumulated depreciation and amortization (7,187 ) (6,678 ) Finance lease assets, net $ 14,996 $ 15,493 Current portion of long-term debt $ 669 $ 643 Long-term debt, less current portion 16,087 16,363 Total principal payable on finance leases $ 16,756 $ 17,006 Operating Finance Leases Leases Weighted average remaining lease term 8 14 Weighted average discount rate 3.9 % 11.3 %
Schedule Of Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases for the second quarter and two fiscal quarters of 2019 was as follows: Fiscal Quarter Two Fiscal Quarters June 16, 2019 June 16, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 9,398 $ 20,088 Operating cash flows from finance leases 317 796 Financing cash flows from finance leases 106 261 Right-of-use assets obtained in exchange for new lease obligations: Operating leases 13,391 26,368 Finance leases — —
Schedule Of Maturities Of Operating And Finance Leases Liabilities	Maturities of lease liabilities as of June 16, 2019 were as follows: Operating Finance Leases Leases 2019 $ 19,825 $ 1,389 2020 36,827 2,416 2021 34,323 2,434 2022 31,191 2,452 2023 28,591 2,475 Thereafter 105,474 23,796 Total future minimum rental commitments 256,231 34,962 Less – amounts representing interest (37,770 ) (18,206 ) Total lease liabilities $ 218,461 $ 16,756 Maturities of lease liabilities as of December 30, 2018 were as follows: Operating Finance Leases Leases 2019 $ 40,752 $ 2,396 2020 37,519 2,415 2021 34,538 2,433 2022 30,763 2,451 2023 27,388 2,474 Thereafter 100,310 23,781 Total future minimum rental commitments $ 271,270 35,950 Less – amounts representing interest (18,944 ) Total principal payable on finance leases $ 17,006

New Accounting Pronouncements (

New Accounting Pronouncements (Tables)	6 Months Ended
	Jun. 16, 2019
Accounting Changes and Error Corrections [Abstract]
Cumulative Effects of Changes Made to Consolidated Balance Sheet	The effects of the changes made to the Company’s condensed consolidated balance sheet as of December 31, 2018 for the adoption of ASC 842 were as follows: Balance at Adjustments Balance at Assets Current assets: Prepaid expenses and other $ 25,710 $ (35 ) $ 25,675 Property, plant and equipment: Construction in progress 31,822 (1,904 ) 29,918 Other assets: Operating lease right-of-use assets — 218,860 218,860 Liabilities and stockholders’ deficit Current liabilities: Operating lease liabilities — 32,033 32,033 Other accrued liabilities 55,001 (136 ) 54,865 Long-term liabilities: Operating lease liabilities — 194,736 194,736 Other accrued liabilities 40,807 (9,712 ) 31,095

Financial Information by Operat

Financial Information by Operating Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Segment Reporting Information [Line Items]
Revenues	$ 811,647	$ 779,396	$ 1,647,610	$ 1,564,767
Income from operations	138,923	126,145	282,427	259,621
Segment Income	159,644	144,450	321,695	295,425
Supply Chain [Member]
Segment Reporting Information [Line Items]
Revenues	467,577	440,917	939,677	880,980
Operating Segments [Member] | U.S. Stores [Member]
Segment Reporting Information [Line Items]
Revenues	289,095	287,142	598,374	580,029
Income from operations	77,050	73,193	157,664	148,481
Segment Income	82,006	76,087	165,604	154,431
Operating Segments [Member] | Supply Chain [Member]
Segment Reporting Information [Line Items]
Revenues	495,989	474,471	1,001,670	948,426
Income from operations	41,305	36,494	83,327	73,866
Segment Income	45,382	39,454	91,429	79,610
Operating Segments [Member] | International Franchise [Member]
Segment Reporting Information [Line Items]
Revenues	54,975	51,337	109,559	103,758
Income from operations	41,432	39,104	84,186	80,628
Segment Income	41,491	39,150	84,290	80,721
Intersegment Revenues [Member]
Segment Reporting Information [Line Items]
Revenues	(28,412)	(33,554)	(61,993)	(67,446)
Segment Reconciling [Member]
Segment Reporting Information [Line Items]
Income from operations	(20,864)	(22,646)	(42,750)	(43,354)
Segment Income	$ (9,235)	$ (10,241)	$ (19,628)	$ (19,337)

Reconciliation of Total Segment

Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Segment Reconciliation [Abstract]
Total Segment Income	$ 159,644	$ 144,450	$ 321,695	$ 295,425
Depreciation and amortization	(14,060)	(12,240)	(27,850)	(23,310)
Loss on sale/disposal of assets	(2,680)	(154)	(2,829)	(519)
Non-cash compensation expense	(3,981)	(5,379)	(8,589)	(11,443)
Recapitalization-related expenses		(532)		(532)
Income from operations	138,923	126,145	282,427	259,621
Interest income	922	1,179	1,615	1,659
Interest expense	(33,866)	(36,127)	(68,920)	(66,413)
Income before provision for income taxes	$ 105,979	$ 91,197	$ 215,122	$ 194,867

Earnings Per Share (Detail)

Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Earnings Per Share [Abstract]
Net income available to common stockholders - basic and diluted	$ 92,359	$ 77,408	$ 185,009	$ 166,235
Basic weighted average number of shares	41,023,269	42,044,035	40,944,400	42,433,073
Earnings per share – basic	$ 2.25	$ 1.84	$ 4.52	$ 3.92
Diluted weighted average number of shares	42,236,507	43,582,996	42,219,649	43,981,253
Earnings per share – diluted	$ 2.19	$ 1.78	$ 4.38	$ 3.78

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Stock Option [Member]
Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	71,180	68,760	71,180	90,670
Restricted Performance Shares [Member]
Earnings Per Share [Line Items]
Securities excluded from computation of earnings per share, amount unvested	93,412	116,624	93,412	116,624

Changes in Stockholders' Defi_3

Changes in Stockholders' Deficit - Additional Information (Detail) - $ / shares	Jul. 10, 2019	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Dividends declared per share		$ 0.65	$ 0.55	$ 1.30	$ 1.10
Subsequent Event [Member]
Dividends declared per share	$ 0.65
Record date of dividend	Sep. 13, 2019
Dividend declared date	Jul. 10, 2019
Dividend payable date	Sep. 30, 2019

Changes in Stockholders' Defi_4

Changes in Stockholders' Deficit (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Stockholders' Deficit [Line Items]
Beginning Balance	[1]			$ (3,039,921)
Net income		$ 92,359	$ 77,408	185,009	$ 166,235
Ending Balance		$ (2,904,286)		$ (2,904,286)
Common Stock [Member]
Stockholders' Deficit [Line Items]
Beginning Balance, (in shares)		41,083,890	42,625,881	40,977,561	42,898,329
Beginning Balance		$ 411	$ 426	$ 410	$ 429
Issuance and cancellation of stock awards, net (in shares)		(3,079)	(1,340)	5,161	7,866
Tax payments for restricted stock upon vesting, (in shares)		(377)	(76)	(9,441)	(10,237)
Purchases of common stock, (in shares)		(12,295)	(905,556)	(45,844)	(1,353,564)
Purchases of common stock		$ (1)	$ (9)	$ (1)	$ (14)
Exercise of stock options, (in shares)		164,219	118,784	304,921	295,299
Exercise of stock options		$ 2	$ 1	$ 3	$ 3
Ending Balance, (in shares)		41,232,358	41,837,693	41,232,358	41,837,693
Ending Balance		$ 412	$ 418	$ 412	$ 418
Additional Paid-in Capital [Member]
Stockholders' Deficit [Line Items]
Beginning Balance		5,464	137	569	5,654
Tax payments for restricted stock upon vesting		(100)	(19)	(2,567)	(2,318)
Purchases of common stock		(3,308)	(6,248)	(5,090)	(19,245)
Exercise of stock options		4,751	1,487	9,287	5,203
Non-cash compensation expense		3,981	5,380	8,589	11,443
Ending Balance		10,788	737	10,788	737
Retained Deficit [Member]
Stockholders' Deficit [Line Items]
Beginning Balance		(2,976,848)	(2,768,591)	(3,036,471)	(2,739,437)
Net income		92,359	77,408	185,009	166,235
Dividends declared on common stock and equivalents		(26,789)	(23,012)	(53,454)	(46,561)
Purchases of common stock			(212,726)	(6,362)	(300,808)
Adoption of revenue recognition accounting standard					(6,701)
Reclassification adjustment for stranded taxes					351
Ending Balance		(2,911,278)	(2,926,921)	(2,911,278)	(2,926,921)
Accumulated Other Comprehensive Loss [Member]
Stockholders' Deficit [Line Items]
Beginning Balance		(4,192)	(2,836)	(4,429)	(2,030)
Currency translation adjustment		(16)	(603)	221	(1,058)
Reclassification adjustment for stranded taxes					(351)
Ending Balance		$ (4,208)	$ (3,439)	$ (4,208)	$ (3,439)
[1]	The balance sheet at December 30, 2018 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.

Changes in Stockholders' Defi_5

Changes in Stockholders' Deficit (Parenthetical) (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018
Dividends declared per share	$ 0.65	$ 0.55	$ 1.30	$ 1.10

Carrying Amounts and Fair Value

Carrying Amounts and Fair Values of Certain Assets (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 30, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	$ 93,178	$ 11,877
Restricted cash equivalents, carrying amount	91,476	112,272
Investments in marketable securities, carrying amount	10,068	8,718
Advertising fund cash equivalents, restricted, carrying amount	52,055	31,547
Advertising fund investments, restricted, carrying amount	35,000	50,152
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	93,178	11,877
Restricted cash equivalents, carrying amount	91,476	112,272
Investments in marketable securities, carrying amount	10,068	8,718
Advertising fund cash equivalents, restricted, fair value	52,055	31,547
Advertising fund investments, restricted, fair value	$ 35,000	$ 50,152

Schedule of Estimated Fair Valu

Schedule of Estimated Fair Value (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 30, 2018
2015 Ten-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 776,000	$ 780,000
Fair Value	810,920	783,120
2017 Five-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	589,500	592,500
Fair Value	589,500	575,910
2017 Ten-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	982,500	987,500
Fair Value	1,014,923	956,888
2017 Five-Year Floating Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	294,750	296,250
Fair Value	294,455	295,065
2018 7.5-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	420,750	422,875
Fair Value	432,952	416,955
2018 9.25-Year Fixed Rate Notes [Member]
Debt Instrument [Line Items]
Principal Amount	396,000	398,000
Fair Value	$ 413,820	$ 396,010

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 16, 2019	Dec. 30, 2018
Outstanding Borrowings Amount	$ 0	$ 65
Variable Funding Note [Member]
Long-term Line of Credit, Noncurrent	$ 0	$ 65

Schedule of Contract Liabilitie

Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 16, 2019	Jun. 17, 2018
Revenue from Contract with Customer [Abstract]
Contract liabilities at beginning of period	$ 19,900	$ 19,404
Revenue recognized during the period	(2,630)	(2,325)
New deferrals due to cash received and other	1,807	3,239
Contract liabilities at end of period	$ 19,077	$ 20,318

Revenue Disclosures - Additiona

Revenue Disclosures - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 30, 2018
Advertising Fund Assets Restricted	$ 117,712	$ 112,744	[1]
Domestic Stores [Member] | Domestic Franchise [Member] | Cash and Investments [Member]
Advertising Fund Assets Restricted	96,300	95,100
Domestic Stores [Member] | Domestic Franchise [Member] | Prepaid Expenses [Member]
Advertising Fund Assets Restricted	2,800	2,300
Domestic Stores [Member] | Domestic Franchise [Member] | Accounts Receivable [Member]
Advertising Fund Assets Restricted	18,600	15,300
Domestic Stores [Member] | Domestic Company Owned Stores [Member]
Cash Contributed from Company Owned Store	$ 4,300	$ 5,500
[1]	The balance sheet at December 30, 2018 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.

Components Of Operating And Fin

Components Of Operating And Finance Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 16, 2019	Jun. 16, 2019
Operating lease cost	$ 9,518	$ 20,314
Finance lease cost:
Amortization of right-of-use assets	255	509
Interest on lease liabilities	317	796
Total finance lease cost	$ 572	$ 1,305

Supplemental balance sheet info

Supplemental balance sheet information related to the Company's leases (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 30, 2018
Land and buildings	$ 22,183	$ 22,171
Accumulated depreciation and amortization	(7,187)	(6,678)
Finance lease assets, net	14,996	15,493
Current portion of long-term debt	669	643
Long-term debt, less current portion	16,087	16,363
Total principal payable on finance leases	$ 16,756	$ 17,006
Finance Lease, Weighted Average Remaining Lease Term	14 years
Finance Lease, Weighted Average Discount Rate, Percent	11.30%
Operating Lease, Weighted Average Remaining Lease Term	8 years
Operating Lease, Weighted Average Discount Rate, Percent	3.90%

Supplemental Cash Flow Informat

Supplemental Cash Flow Information Related To Leases (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 16, 2019	Jun. 16, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 9,398	$ 20,088
Operating cash flows from finance leases	317	796
Financing cash flows from finance leases	106	261
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$ 13,391	$ 26,368

Maturities Of Lease Liabilities

Maturities Of Lease Liabilities (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 31, 2018	Dec. 30, 2018
2019	$ 19,825		$ 40,752
2020	36,827		37,519
2021	34,323		34,538
2022	31,191		30,763
2023	28,591		27,388
Thereafter	105,474		100,310
Total future minimum rental commitments	256,231		271,270
Less – amounts representing interest	(37,770)
Total lease liabilities	218,461	$ 226,800
2019	1,389		2,396
2020	2,416		2,415
2021	2,434		2,433
2022	2,452		2,451
2023	2,475		2,474
Thereafter	23,796		23,781
Total future minimum rental commitments	34,962		35,950
Less – amounts representing interest	(18,206)		(18,944)
Total principal payable on finance leases	$ 16,756		$ 17,006

Lease Disclosures - Additional

Lease Disclosures - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 16, 2019	Jun. 17, 2018	Jun. 16, 2019	Jun. 17, 2018	Dec. 30, 2018
Rent Expenses	$ 15.9	$ 15.2	$ 32.3	$ 30.6
Finance Lease				$ 2.6
Potential future payments	18.2		18.2		$ 2.4
Operating Lease [Member]
Future minimum rental commitments	$ 36.4		$ 36.4
Lease Term	15 years		15 years
Finance Lease [Member]
Future minimum rental commitments	$ 28.7		$ 28.7
Lease Term	15 years		15 years

Legal Matters - Additional Info

Legal Matters - Additional Information (Detail) - Yvonne Wiederhold [Member] $ in Millions	Feb. 14, 2011USD ($)
Legal Settlement By Party [Line Items]
Amount delivered for plaintiff	$ 9
Percentage liable by company for plaintiff	100.00%
Litigation settlement, amount	$ 8

Supplemental Disclosures of C_2

Supplemental Disclosures of Cash Flow Information - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 16, 2019	Dec. 30, 2018
Schedule of Cash Flow, Supplemental [Line Items]
Capital expenditure accrual	$ 4.8	$ 3.8

Sale of Company-Owned Stores -

Sale of Company-Owned Stores - Additional Information (Detail) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 16, 2019USD ($)Store	Jun. 16, 2019USD ($)Store
Number of company-owned stores sold | Store	59	59
Consideration For Sale Of Stores	$ 9.7
Proceeds from sale of assets	8.1
Short-term notes receivable	$ 1.6	$ 1.6
Pre-tax loss on sale of assets, net of goodwill reduction, charged to general and administrative expenses		2.4
Reduction of goodwill related to sale of stores		$ 1.4

New Accounting Pronouncements -

New Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Jun. 16, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset	$ 226,800	$ 211,204
Operating Lease, Liability	226,800	$ 218,461
Derecognition of Liabilities	1,900
Other Accrued Liabilities And Prepaid Expenses [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of Accrued Liabilities to the Right of Use Asset	$ 7,900

New Accounting Pronouncements_2

New Accounting Pronouncements - Cumulative Effects of Changes Made to Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 16, 2019	Dec. 31, 2018	Dec. 30, 2018
Current assets:
Prepaid expenses and other	$ 37,578		$ 25,710	[1]
Property, plant and equipment:
Construction in progress	29,314		31,822	[1]
Other assets:
Operating lease right-of-use assets	211,204	$ 226,800
Current liabilities:
Operating lease liabilities	30,156
Other accrued liabilities	101,526		121,363	[1]
Long-term liabilities:
Operating lease liabilities	188,305
Other accrued liabilities	$ 31,747		40,807	[1]
Scenario, Previously Reported [Member]
Current assets:
Prepaid expenses and other			25,710
Property, plant and equipment:
Construction in progress			31,822
Current liabilities:
Other accrued liabilities			55,001
Long-term liabilities:
Other accrued liabilities			40,807
Restatement Adjustment [Member] | Accounting Standards Update 2014-09 [Member]
Current assets:
Prepaid expenses and other			(35)
Property, plant and equipment:
Construction in progress			(1,904)
Other assets:
Operating lease right-of-use assets			218,860
Current liabilities:
Operating lease liabilities			32,033
Other accrued liabilities			(136)
Long-term liabilities:
Operating lease liabilities			194,736
Other accrued liabilities			$ (9,712)
Scenario As Restated [Member]
Current assets:
Prepaid expenses and other		25,675
Property, plant and equipment:
Construction in progress		29,918
Other assets:
Operating lease right-of-use assets		218,860
Current liabilities:
Operating lease liabilities		32,033
Other accrued liabilities		54,865
Long-term liabilities:
Operating lease liabilities		194,736
Other accrued liabilities		$ 31,095
[1]	The balance sheet at December 30, 2018 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.