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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 28, 2018
Mar. 29, 2017
Cash Flows from Operating Activities:    
Net income $ 82,159 $ 100,239
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 113,728 117,526
Stock-based compensation 11,037 13,237
Deferred income taxes, net 7,788 (8,684)
Restructure charges and other impairments 16,047 8,837
Net loss (gain) on disposal of assets 1,360 (628)
Undistributed loss (earnings) on equity investments 330 (82)
Other 2,431 2,082
Changes in assets and liabilities:    
Accounts receivable, net 2,710 11,078
Inventories (128) (1,386)
Restaurant supplies (1,118) (1,338)
Prepaid expenses 3,915 3,273
Other assets (148) (340)
Accounts payable 290 (7,487)
Gift card liability 145 9,109
Accrued payroll 5,708 4,592
Other accrued liabilities 6,679 10,576
Current income taxes (10,961) (14,603)
Other liabilities (4,270) (338)
Net cash provided by operating activities 237,702 245,663
Cash Flows from Investing Activities:    
Payments for property and equipment (69,503) (79,730)
Proceeds from sale of assets 14,825 3,077
Insurance recoveries 1,747 0
Proceeds from note receivable 1,185 0
Net cash used in investing activities (51,746) (76,653)
Cash Flows from Financing Activities:    
Borrowings on revolving credit facility 524,000 200,000
Payments on revolving credit facility (484,000) (328,000)
Purchases of treasury stock (162,004) (350,768)
Payments of dividends (53,098) (54,087)
Payments on long-term debt (7,834) (2,847)
Proceeds from issuances of treasury stock 1,316 4,505
Proceeds from issuance of long-term debt 0 350,000
Payments for debt issuance costs 0 (10,216)
Net cash used in financing activities (181,620) (191,413)
Net change in cash and cash equivalents 4,336 (22,403)
Cash and cash equivalents at beginning of period 9,064 31,446
Cash and cash equivalents at end of period $ 13,400 $ 9,043