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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2016
Jun. 28, 2015
Cash flows from operating activities:    
Net income $ 51,843 $ 67,702
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 64,694 78,799
Share-based compensation 9,925 12,242
Impairment of long-lived assets 12,630 11,955
Deferred income tax (10,353) 19,730
Excess tax benefits from share-based compensation (1,774) (46,374)
Non-cash rent (income) expense, net (2,561) 2,607
Net receipt of deferred vendor incentives 8,230 8,396
System optimization gains, net (10,350) (14,881)
Gain on disposal of the Bakery 0 (27,338)
Distributions received from TimWen joint venture 5,786 5,825
Equity in earnings in joint ventures, net (4,275) (4,545)
Accretion of long-term debt 608 600
Amortization of deferred financing costs 3,769 1,589
Loss on early extinguishment of debt 0 7,295
Payments for termination of cash flow hedges 0 (7,337)
Reclassification of unrealized losses on cash flow hedges 1,447 0
Other, net 1,731 1,060
Changes in operating assets and liabilities:    
Restricted cash 135 (27,190)
Accounts and notes receivable (30,020) (14,876)
Inventories 148 168
Prepaid expenses and other current assets (4,638) (3,869)
Accounts payable (1,884) 10,664
Accrued expenses and other current liabilities 5,867 (29,108)
Net cash provided by operating activities 100,958 53,114
Cash flows from investing activities:    
Capital expenditures (68,495) (130,548)
Acquisitions (2,209) (1,232)
Dispositions 45,078 38,697
Proceeds from sale of the Bakery 0 78,408
Payments for investments (113) (2,000)
Notes receivable, net (3,439) 830
Changes in restricted cash 7,040 484
Other, net (17) 89
Net cash used in investing activities (22,155) (15,272)
Cash flows from financing activities:    
Proceeds from long-term debt 0 2,275,000
Repayments of long-term debt (12,651) (1,302,055)
Deferred financing costs (867) (39,374)
Repurchases of common stock (108,057) (63,206)
Dividends (32,152) (40,189)
Proceeds from stock option exercises 6,696 19,688
Excess tax benefits from share-based compensation 1,774 46,374
Net cash (used in) provided by financing activities (145,257) 896,238
Net cash (used in) provided by operations before effect of exchange rate changes on cash (66,454) 934,080
Effect of exchange rate changes on cash 5,418 (3,789)
Net (decrease) increase in cash and cash equivalents (61,036) 930,291
Cash and cash equivalents at beginning of period 327,216 267,276
Cash and cash equivalents at end of period 266,180 1,197,567
Cash paid for:    
Interest 57,501 27,452
Income taxes, net of refunds 39,745 11,845
Supplemental non-cash investing and financing activities:    
Capital expenditures included in accounts payable 17,228 30,927
Capitalized lease obligations 91,579 20,210
Notes receivable 0 2,023
Accrued debt issuance costs $ 164 $ 3,720