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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Cash flows from operating activities:    
Net income $ 50,035 $ 20,496
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 65,579 60,474
Share-based compensation 9,591 11,372
Impairment of long-lived assets 1,809 763
Deferred income tax (2,508) (2,496)
Non-cash rental income, net (6,239) (5,286)
Net receipt of deferred vendor incentives 4,904 7,077
System optimization losses, net 478 39,643
Gain on sale of investments, net 0 (2,553)
Distributions received from TimWen joint venture 5,756 5,524
Equity in earnings in joint ventures, net (3,648) (3,786)
Long-term debt-related activities, net 15,036 6,038
Other, net (1,093) 3,296
Changes in operating assets and liabilities:    
Accounts and notes receivable, net 8,315 (9,557)
Inventories (150) (71)
Prepaid expenses and other current assets (891) (2,116)
Advertising funds restricted assets and liabilities 6,734 (14,522)
Accounts payable 747 (4,484)
Accrued expenses and other current liabilities (6,034) (4,051)
Net cash provided by operating activities 148,421 105,761
Cash flows from investing activities:    
Capital expenditures (23,898) (32,117)
Acquisitions 0 86,788
Dispositions 1,814 77,980
Proceeds from sale of investments 0 3,282
Notes receivable, net (538) (2,225)
Payments for investments (13) (375)
Net cash used in investing activities (22,635) (40,243)
Cash flows from financing activities:    
Proceeds from long-term debt 930,809 6,359
Repayments of long-term debt (881,633) (18,262)
Deferred financing costs (17,340) (740)
Repurchases of common stock (84,307) (50,527)
Dividends (40,645) (34,447)
Proceeds from stock option exercises 13,197 6,385
Payments related to tax withholding for share-based compensation (9,269) (2,956)
Contingent consideration payment (6,100) 0
Net cash used in financing activities (95,288) (94,188)
Net cash provided by (used in) operations before effect of exchange rate changes on cash 30,498 (28,670)
Effect of exchange rate changes on cash (4,401) 3,267
Net increase (decrease) in cash, cash equivalents and restricted cash 26,097 (25,403)
Cash, cash equivalents and restricted cash at beginning of period 212,824 275,949
Cash, cash equivalents and restricted cash at end of period 238,921 250,546
Detail of cash flows from operating activities:    
Loss on early extinguishment of debt 11,475 0
Accretion of long-term debt 625 617
Amortization of deferred financing costs 2,936 3,974
Reclassification of unrealized losses on cash flow hedges 0 1,447
Long-term debt-related activities, net 15,036 6,038
Cash paid for:    
Interest 70,005 62,090
Income taxes, net of refunds 3,813 12,886
Supplemental non-cash investing and financing activities:    
Capital expenditures included in accounts payable 7,463 8,965
Capitalized lease obligations 1,904 238,201
Accrued debt issuance costs 332 0
Reconciliation of cash, cash equivalents and restricted cash at end of period:    
Total cash, cash equivalents and restricted cash $ 212,824 $ 275,949