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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2016
Sep. 27, 2015
Cash flows from operating activities:    
Net income $ 100,733 $ 75,286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 94,056 118,708
Share-based compensation 14,260 18,784
Impairment of long-lived assets 12,991 13,468
Deferred income tax (17,024) 35,368
Excess tax benefits from share-based compensation (2,376) (49,870)
Non-cash rent (income) expense, net (5,138) 2,792
Net receipt of deferred vendor incentives 4,110 3,402
System optimization gains, net (48,106) (14,783)
Gain on disposal of the Bakery 0 (27,526)
Distributions received from TimWen joint venture 8,451 9,198
Equity in earnings in joint ventures, net (6,495) (6,968)
Long-term debt-related activities, net (see below) 8,752 4,972
Other, net 4,229 307
Changes in operating assets and liabilities:    
Restricted cash 181 (23,686)
Accounts and notes receivable (33,260) (29,046)
Inventories 126 203
Prepaid expenses and other current assets (3,958) (6,530)
Accounts payable (6,412) 9,212
Accrued expenses and other current liabilities 5,677 (14,662)
Net cash provided by operating activities 130,797 118,629
Cash flows from investing activities:    
Capital expenditures (108,744) (188,246)
Acquisitions (2,209) (1,232)
Dispositions 173,849 46,357
Proceeds from sale of the Bakery 0 78,408
Payments for investments (172) (2,082)
Notes receivable, net (2,282) 2,631
Changes in restricted cash 1,912 484
Other, net 103 88
Net cash provided by (used in) investing activities 62,457 (63,592)
Cash flows from financing activities:    
Proceeds from long-term debt 0 2,294,000
Repayments of long-term debt (18,678) (1,321,169)
Deferred financing costs (1,017) (42,098)
Change in restricted cash 0 (5,687)
Repurchases of common stock (161,194) (1,078,404)
Dividends (47,793) (55,414)
Proceeds from stock option exercises 10,623 22,419
Excess tax benefits from share-based compensation 2,376 49,870
Net cash used in financing activities (215,683) (136,483)
Net cash used in operations before effect of exchange rate changes on cash (22,429) (81,446)
Effect of exchange rate changes on cash 3,997 (10,130)
Net decrease in cash and cash equivalents (18,432) (91,576)
Cash and cash equivalents at beginning of period 327,216 267,276
Cash and cash equivalents at end of period 308,784 175,700
Details of cash flows from operating activities:    
Loss on early extinguishment of debt 0 (7,295)
Accretion Expense 914 890
Amortization of Debt Issuance Costs 5,668 3,416
Payments for termination of cash flow hedge, Operating 0 (7,337)
Realized losses on derivatives, operating 2,170 708
Cash paid for:    
Interest 85,753 55,725
Income taxes, net of refunds 63,775 16,401
Supplemental non-cash investing and financing activities:    
Capital expenditures included in accounts payable 20,108 25,970
Capitalized lease obligations 102,748 25,657
Accrued debt issuance costs $ 472 $ 1,653