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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2019
Dec. 30, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 136,940 $ 460,115 $ 194,029
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 131,693 128,879 125,687
Share-based compensation 18,676 17,918 20,928
Impairment of long-lived assets 6,999 4,697 4,097
Deferred income tax 837 (6,568) (119,330)
Non-cash rental expense (income), net 28,202 (17,043) (11,822)
Change in operating lease liabilities (41,911) 0 0
Net (recognition) receipt of deferred vendor incentives (501) 139 1,901
System optimization (gains) losses, net (1,283) (463) 39,076
Gain on sale of investments, net (24,496) (450,000) (2,570)
Distributions received from TimWen joint venture 13,400 13,390 11,713
Equity in earnings in joint ventures, net (8,673) (8,076) (7,573)
Long-term debt-related activities, net (see below) 15,317 18,673 12,075
Other, net (4,838) 5,178 1,253
Changes in operating assets and liabilities:      
Accounts and notes receivable, net 16,935 13,226 (17,340)
Inventories (163) (434) (305)
Prepaid expenses and other current assets (1,569) 6,824 (3,488)
Advertising funds restricted assets and liabilities (2,720) 13,955 (12,230)
Accounts payable 1,054 (145) (2,290)
Accrued expenses and other current liabilities 5,034 23,963 4,982
Net cash provided by operating activities 288,933 224,228 238,793
Cash flows from investing activities:      
Capital expenditures (74,453) (69,857) (81,710)
Acquisitions (5,052) (21,401) (86,788)
Dispositions 3,448 3,223 81,516
Proceeds from sale of investment 24,496 450,000 4,111
Notes receivable, net (3,370) 959 (9,000)
Payments for investments 0 13 375
Net cash (used in) provided by investing activities (54,931) 362,911 (92,246)
Cash flows from financing activities:      
Proceeds from long-term debt 850,000 934,837 31,130
Repayments of long-term debt (899,800) (894,501) (52,593)
Repayments of finance lease liabilities (6,835)    
Repayments of finance lease liabilities   (5,571) (5,520)
Deferred financing costs (14,008) (17,340) (1,424)
Repurchases of common stock, including accelerated share repurchase (217,797) (269,809) (126,231)
Dividends (96,364) (80,532) (68,322)
Proceeds from stock option exercises 28,328 45,228 12,884
Payments related to tax withholding for share-based compensation (8,820) (11,805) (5,721)
Contingent consideration payment 0 (6,269) 0
Net cash used in financing activities (365,296) (305,762) (215,797)
Net cash (used in) provided by operations before effect of exchange rate changes on cash (131,294) 281,377 (69,250)
Effect of exchange rate changes on cash 3,489 (7,689) 6,125
Net (decrease) increase in cash, cash equivalents, and restricted cash (127,805) 273,688 (63,125)
Cash, cash equivalents and restricted cash at beginning of period 486,512 212,824 275,949
Cash, cash equivalents and restricted cash at end of period 358,707 486,512 212,824
Long-term debt-related activities, net:      
Loss on early extinguishment of debt 8,496 11,475 0
Accretion of long-term debt 1,272 1,255 1,237
Amortization of deferred financing costs 5,549 5,943 7,944
Reclassification of unrealized losses on cash flow hedges 0 0 2,894
Long-term debt-related activities, net: 15,317 18,673 12,075
Cash paid for:      
Interest 138,270 137,607 128,989
Income taxes, net of refunds 34,798 102,827 29,311
Supplemental non-cash investing and financing activities:      
Capital expenditures included in accounts payable 6,026 6,460 5,810
Finance leases 50,061    
Finance leases   6,569 276,971
Reconciliation of cash, cash equivalents and restricted cash at end of period:      
Total cash, cash equivalents and restricted cash $ 358,707 $ 486,512 $ 275,949