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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 17,473 $ 27,410
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 9,741 9,222
Non-cash closure and impairment charges 634 459
Non-cash stock-based compensation expense 4,923 1,718
Non-cash interest expense 803 1,171
Gain on extinguishment of debt 0 (1,661)
Deferred income taxes 1,086 (2,901)
Deferred revenue (1,583) (1,193)
(Gain) loss on disposition of assets (237) 71
Other (212) (308)
Changes in operating assets and liabilities:    
Receivables, net 1,833 (2,369)
Deferred rent receivable 2,186 2,557
Current income tax receivables and payables 9,388 224
Gift card receivables and payables (978) (2,310)
Other current assets 5,120 5,024
Accounts payable (2,158) (7,579)
Operating lease assets and liabilities (3,327) 340
Accrued employee compensation and benefits (11,449) (11,801)
Accrued advertising (2,801) (5,067)
Other current liabilities 111 3,069
Cash flows provided by operating activities 30,553 16,076
Cash flows from investing activities:    
Principal receipts from notes, equipment contracts and other long-term receivables 2,525 3,345
Additions to property and equipment (3,335) (16,030)
Proceeds from sale of property and equipment 81 0
Additions to long-term receivables (371) 0
Other (74) (54)
Cash flows used in investing activities (1,174) (12,739)
Cash flows from financing activities:    
Repayment of long-term debt 0 (66,574)
Dividends paid on common stock (7,827) (15,971)
Repurchase of common stock (6,000) (5,000)
Principal payments on finance lease and financing obligations (1,640) (1,870)
Proceeds from stock options exercised 0 584
Repurchase of restricted stock for tax payments upon vesting (2,347) (3,527)
Tax payments for share settlement of restricted stock units (29) (859)
Other (3) 0
Cash flows used in financing activities (17,846) (93,217)
Net change in cash, cash equivalents and restricted cash 11,533 (89,880)
Cash, cash equivalents and restricted cash at beginning of period 200,592 324,984
Cash, cash equivalents and restricted cash at end of period 212,125 235,104
Supplemental disclosures:    
Interest paid in cash 19,846 16,702
Income taxes paid in cash $ 2,907 $ 11,937