Denny's Corporation (DENN) financial statements (2022 and earlier)

Company profile

Business Address 203 EAST MAIN STREET
SPARTANBURG, SC 29319
State of Incorp. DE
Fiscal Year End December 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,6512,6727,0216,7356,8833,0922,571
Cash and cash equivalents1004003,3725,0264,9832,5921,671
Short-term investments2,5512,2723,6491,7091,900500900
Receivables19,62121,34927,48826,28321,38419,84116,552
Inventory, net of allowances, customer advances and progress billings5,0601,1811,3252,9933,1343,0463,117
Inventory5,0601,1811,3252,9933,1343,0463,117
Disposal group, including discontinued operation 1,1251,925723 1,020931
Other undisclosed current assets41,91722,33914,97410,8669,8888,90813,243
Total current assets:69,24948,66652,73347,60041,28935,90736,414
Noncurrent Assets
Finance lease, right-of-use asset7,7099,83011,720
Operating lease, right-of-use asset128,727139,534158,550
Property, plant and equipment91,176(146,583)(147,445)140,004139,856133,102124,816
Long-term investments and receivables2935023641,528427732 
Accounts and financing receivable, after allowance for credit loss2935023641,528427732 
Intangible assets, net (including goodwill)87,11088,44390,78898,84895,37889,72679,528
Goodwill36,88436,88436,83239,78138,26935,23333,454
Intangible assets, net (excluding goodwill)50,22651,55953,95659,06757,10954,49346,074
Deferred costs    12,70011,2002,529
Deferred income tax assets11,50223,21014,718
Other noncurrent assets37,08332,69832,52529,22927,37227,79724,591
Other undisclosed noncurrent assets2,678234,649246,43418,1406,7607,68729,159
Total noncurrent assets:366,278382,283407,654287,749282,493270,244260,623
TOTAL ASSETS:435,527430,949460,387335,349323,782306,151297,037
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,59512,02120,25629,52732,48725,28920,759
Accounts payable15,59512,02120,25629,52732,48725,28920,759
Deferred revenue1,9281,9972,235
Debt1,9521,8391,674    
Other liabilities64,14646,46257,30761,79059,24664,79677,548
Other undisclosed current liabilities13,90114,85914,1093,4103,1683,2853,246
Total current liabilities:97,52277,17895,58194,72794,90193,370101,553
Noncurrent Liabilities
Long-term debt and lease obligation, including:180,744223,530254,779313,681286,054242,306212,499
Long-term debt, excluding current maturities170,000210,000240,000286,500259,000218,500195,000
Finance lease, liability10,74413,53014,779
Capital lease obligations27,18127,05423,80617,499
Operating lease, liability126,296137,534152,750
Other undisclosed long-term debt and lease obligation(126,296)(137,534)(152,750)    
Liabilities, other than long-term debt115,473143,543118,03760,28640,18741,58743,580
Deferred revenue17,96818,80921,021
Liability, pension and other postretirement and postemployment benefits1,2751,5811,675    
Other liabilities87,792112,84483,88748,08727,95126,73427,631
Self insurance reserve8,43810,30911,45412,19912,23614,85315,949
Other undisclosed noncurrent liabilities107,053117,144130,054    
Total noncurrent liabilities:403,270484,217502,870373,967326,241283,893256,079
Total liabilities:500,792561,395598,451468,694421,142377,263357,632
Stockholders' equity
Stockholders' equity attributable to parent(65,265)(130,446)(138,064)(133,345)(97,360)(71,112)(60,595)
Common stock6426401,0941,0861,0771,0711,065
Treasury stock, value(30,592) (519,780)(416,815)(355,626)(265,884)(201,002)
Additional paid in capital135,596123,833603,980592,944594,166577,951565,364
Accumulated other comprehensive loss(54,470)(60,405)(33,960)(4,146)(2,316)(1,407)(23,777)
Accumulated deficit(116,441)(194,514)(189,398)(306,414)(334,661)(382,843)(402,245)
Total stockholders' equity:(65,265)(130,446)(138,064)(133,345)(97,360)(71,112)(60,595)
TOTAL LIABILITIES AND EQUITY:435,527430,949460,387335,349323,782306,151297,037

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues398,174288,605541,389630,179529,169506,948491,293
Revenue, net529,169506,948491,293
Cost of revenue(42,982)(51,684)(74,720)(100,532)(392,056)(391,989)(361,540)
Cost of goods and services sold(42,982)(51,684)(74,720)(100,532)(364,007)(342,901)(337,702)
Gross profit:355,192236,921466,669529,647137,113114,959129,753
Operating expenses(324,758)(263,957)(447,740)(526,906)(66,415)(67,960)(66,602)
Other operating income (expense), net46,105(1,808)91,180(2,620)(4,329)(26,910)(2,366)
Other nonrecurring (income) expense    (5,247)  
Other undisclosed operating income27,53635,52354,87473,4934,32926,9102,366
Operating income:104,0756,679164,98373,61470,69846,99963,151
Nonoperating income (expense)15,1764,2942,763(619)1,7431,109(139)
Other nonoperating income (expense)15,1764,1712,763(619)1,7431,109(139)
Interest and debt expense(15,148)(17,965)(18,547)(20,745)(15,640)(12,232)(9,283)
Income (loss) from continuing operations before equity method investments, income taxes:104,103(6,992)149,19952,25056,80135,87653,729
Other undisclosed loss from continuing operations before income taxes (123)     
Income (loss) from continuing operations before income taxes:104,103(7,115)149,19952,25056,80135,87653,729
Income tax expense (benefit)(26,030)1,999(31,789)(8,557)(17,207)(16,474)(17,753)
Net income (loss) available to common stockholders, diluted:78,073(5,116)117,41043,69339,59419,40235,976

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):78,073(5,116)117,41043,69339,59419,40235,976
Other comprehensive income (loss)(2,755)9,69610,25942673(2,758)(2,609)
Comprehensive income:75,3184,580127,66943,73540,26716,64433,367
Other undisclosed comprehensive income (loss), net of tax, attributable to parent8,690(36,141)(40,073)(1,872)(1,582)25,1283,434
Comprehensive income (loss), net of tax, attributable to parent:84,008(31,561)87,59641,86338,68541,77236,801

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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