Popeyes Louisiana Kitchen

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Popeyes Louisiana Kitchen

Category: Research Paper

Subcategory: Finance

Level: College

Pages: 5

Words: 1375

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Popeyes Louisiana Kitchen
Table Showing Popeyes Louisiana Kitches, Inc. Consolidated Balance Sheets (December 28, 2014- December 29, 2014) CITATION Pop14 l 1033 (Popeyes Louisiana Kitchen, Inc.)2014 2013
Current assets: Cash and cash equivalents $ 8.4 $ 9.6 Accounts and current notes receivable, net 8.6 8.9 Other current assets 7.4 9.8 Advertising cooperative assets, restricted 32.4 27.8 Total current assets 56.8 56.1 Long-term assets: Property and equipment, net 95.7 77.6 Goodwill 11.1 11.1 Trademarks and other intangible assets, net 94.7 53.4 Other long-term assets, net 2.0 2.3 Total long-term assets 203.5 144.4 Total assets $ 260.3 $ 200.5 Current liabilities: Accounts payable $ 7.4 $ 8.5 Other current liabilities 12.4 8.1 Current debt maturities 0.3 0.3 Advertising cooperative liabilities 32.4 27.8 Total current liabilities 52.5 44.7 Long-term liabilities: Long-term debt 109.6 66.9 Deferred credits and other long-term liabilities 32.4 30.1 Total long-term liabilities 142.0 97.0 Commitments and contingencies Shareholders’ equity: Preferred stock ($.01 par value; 2,500,000 shares authorized; 0 issued and outstanding) — — Common stock ($.01 par value; 150,000,000 shares authorized;
23,143,609- shares issued at the end of fiscal years 2014 and 2013
23,784,041- Shares outstanding at the end of fiscal years 2014 and 2013 0.2 0.2 Capital in excess of par value 46.4 77.9 Retained earnings (deficit) 19.3 (18.7 )
Accumulated other …

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