Item 16. Form 10-K Summary.

| --- | --- |

Not applicable

.

SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED BALANCE SHEETS

(In thousands, except share and per share amounts)

		December 29, 2019				December 30, 2018
ASSETS
ASSETS:
Cash		$	6			$	6
Total assets		$	6			$	6
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES:
Equity in net deficit of subsidiaries		$	3,415,759			$	3,039,921
Due to subsidiary			6				6
Total liabilities			3,415,765				3,039,927
STOCKHOLDERS’ DEFICIT:
Common stock, par value $0.01 per share; 170,000,000 shares authorized; 38,934,009 in 2019 and 40,977,561 in 2018 issued and outstanding			389				410
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized, none issued			—				—
Additional paid-in capital			243				569
Retained deficit			(3,412,649	)			(3,036,471	)
Accumulated other comprehensive loss			(3,742	)			(4,429	)
Total stockholders’ deficit			(3,415,759	)			(3,039,921	)
Total liabilities and stockholders’ deficit		$	6			$	6

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(In thousands, except share and per share amounts)

		For the Years Ended
		December 29, 2019				December 30, 2018				December 31, 2017
REVENUES		$	—			$	—			$	—
Total revenues			—				—				—
OPERATING EXPENSES			—				—				—
Total operating expenses			—				—				—
INCOME FROM OPERATIONS			—				—				—
Equity earnings in subsidiaries			400,709				361,972				277,905
INCOME BEFORE PROVISION FOR INCOME TAXES			400,709				361,972				277,905
PROVISION FOR INCOME TAXES			—				—				—
NET INCOME		$	400,709			$	361,972			$	277,905
COMPREHENSIVE INCOME		$	401,396			$	359,924			$	278,985
EARNINGS PER SHARE:
Common Stock – basic		$	9.83			$	8.65			$	6.05
Common Stock – diluted		$	9.56			$	8.35			$	5.83

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS

(In thousands)

		For the Years Ended
		December 29, 2019				December 30, 2018				December 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities		$	421,661			$	382,716			$	299,576
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividends from subsidiaries			375,948				297,792				852,325
Net cash provided by investing activities			375,948				297,792				852,325
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of common stock dividends			(105,715	)			(92,166	)			(84,298	)
Purchase of common stock			(699,007	)			(591,212	)			(1,064,253	)
Other			7,113				2,870				(3,350	)
Net cash used in financing activities			(797,609	)			(680,508	)			(1,151,901	)
CHANGE IN CASH			—				—				—
CASH, AT BEGINNING OF PERIOD			6				6				6
CASH, AT END OF PERIOD		$	6			$	6			$	6

See accompanying notes to the Schedule I.

Domino’s Pizza, Inc.

NOTES TO PARENT COMPANY FINANCIAL STATEMENTS

(1)	Introduction and Basis of Presentation

Domino’s Pizza, Inc., on a stand-alone basis, (the “Parent Company”) has accounted for majority-owned subsidiaries using the equity method of accounting. The accompanying condensed financial statements of the Parent Company should be read in conjunction with the consolidated financial statements of Domino’s Pizza, Inc. and its subsidiaries (the “Company”) and the notes thereto included in Item 8 of this Form

10-K.

These financial statements have been provided to comply with Rule

4-08(e)

of Regulation

S-X.

Use of Estimates

The use of estimates is inherent in the preparation of financial statements in accordance with generally accepted accounting principles. Actual results could differ from those estimates.

New Accounting Pronouncements

During 2018, the Company adopted the below new accounting pronouncements that impacted the Parent Company financial statements.

Accounting Standards Update

2014-09,

Revenue from Contracts with Customers (Topic 606)

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update

2014-09,

Revenue from Contracts with Customers (Topic 606)

and has since issued various amendments which provide additional clarification and implementation guidance. This standard has been codified as ASC 606. This guidance outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and superseded most revenue recognition guidance issued by the FASB, including industry specific guidance. On January 1, 2018, the Company adopted ASC 606 using the modified retrospective method.

The Parent Company recorded a $6.7 million adjustment to equity in net deficit of subsidiaries and recorded a $6.7 million adjustment to retained deficit related to this new accounting standard in 2018. See Note 1 to the Company’s consolidated financial statements as filed in this Form

10-K

for additional information related to the adoption of this new accounting standard.

ASU

2018-02,

Income Statement – Reporting Comprehensive Income (Topic 220)

In February 2018, the FASB issued ASU

2018-02,

Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

. The amendments in this updated standard allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. The Parent Company adopted this standard in 2018 and, as a result, recorded a $0.4 million reclassification from accumulated other comprehensive loss to the beginning balance of retained deficit in 2018.

(2)	Supplemental Disclosures of Cash Flow Information

During 2019, 2018 and 2017, the Parent Company received dividends from its subsidiaries primarily consisting of amounts received to repurchase common stock in connection with the Company’s 2019, 2018 and 2017 recapitalization transactions. See Note 4 to the Company’s consolidated financial statements as filed in this Form

10-K

for a description of the recapitalization transactions that occurred in 2019, 2018 and 2017.

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

Domino’s Pizza, Inc. and Subsidiaries

(in thousands)		Balance Beginning of Year				Provision (Benefit)				Deductions from Reserves *				Balance End of Year
Allowance for doubtful accounts receivable:
2019		$	1,879			$	1,195			$	(218	)		$	2,856
2018			1,424				903				(448	)			1,879
2017			2,342				(88	)			(830	)			1,424

*	Consists primarily of write-offs, recoveries of bad debt and certain reclassifications.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized.

DOMINO’S PIZZA, INC.
/s/ Jeffrey D. Lawrence
Jeffrey D. Lawrence Chief Financial Officer
February 20, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrants and in the capacities and on the dates indicated.

/s/ Richard E. Allison, Jr.
Richard E. Allison, Jr. February 20, 2020		Chief Executive Officer and Director (Principal Executive Officer)
/s/ Jeffrey D. Lawrence
Jeffrey D. Lawrence February 20, 2020		Chief Financial Officer (Principal Financial and Accounting Officer)
/s/ David A. Brandon
David A. Brandon February 20, 2020		Chairman of the Board of Directors
/s/ C. Andrew Ballard
C. Andrew Ballard February 20, 2020		Director
/s/ Andrew B. Balson
Andrew B. Balson February 20, 2020		Director
/s/ Corie S. Barry
Corie S. Barry February 20, 2020		Director
/s/ Diana F. Cantor
Diana F. Cantor February 20, 2020		Director
/s/ Richard L. Federico
Richard L. Federico February 20, 2020		Director
/s/ James A. Goldman
James A. Goldman February 20, 2020		Director
/s/ Patricia E. Lopez
Patricia E. Lopez February 20, 2020		Director