XML 45 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jul. 06, 2014
Jul. 07, 2013
Cash flows from operating activities:    
Net earnings $ 72,790 $ 28,324
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 70,585 74,870
Deferred finance cost amortization 1,677 1,764
Deferred income taxes 6,951 2,523
Share-based compensation expense 8,128 10,049
Pension and postretirement expense 10,585 23,959
Gains on cash surrender value of company-owned life insurance (8,312) (5,209)
(Gains) losses on the sale of company-operated restaurants (2,242) 3,179
Losses on the disposition of property and equipment 2,353 2,525
Impairment charges and other 7,241 28,237
Loss on early retirement of debt 789 939
Changes in assets and liabilities, excluding acquisitions and dispositions:    
Accounts and other receivables (9,376) 33,776
Inventories (516) 26,393
Prepaid expenses and other current assets (36,514) (24,091)
Accounts payable (3,035) (27,857)
Accrued liabilities 16,615 7,196
Pension and postretirement contributions (14,107) (13,168)
Other (9,689) (6,121)
Cash flows provided by operating activities 113,923 167,288
Cash flows from investing activities:    
Purchases of property and equipment (43,825) (57,971)
Purchases of assets intended for sale and leaseback (19) (25,198)
Proceeds from sale and leaseback of assets 5,698 36,553
Proceeds from the sale of company-operated restaurants 8,199 8,415
Collections on notes receivable 2,555 5,837
Acquisitions of franchise-operated restaurants (1,750) (11,014)
Other 2,838 4,054
Cash flows used in investing activities (26,304) (39,324)
Cash flows from financing activities:    
Borrowings on revolving credit facilities 618,000 554,000
Repayments of borrowings on revolving credit facilities (460,000) (619,000)
Proceeds from issuance of debt 200,000 200,000
Principal repayments on debt (193,262) (175,783)
Debt issuance costs (3,607) (4,392)
Payments of Ordinary Dividends (7,990) 0
Proceeds from issuance of common stock 27,069 48,000
Repurchases of common stock (284,258) (92,152)
Excess tax benefits from share-based compensation arrangements 15,167 1,261
Change in book overdraft 1,507 (38,584)
Cash flows used in financing activities (87,374) (126,650)
Effect of Exchange Rate on Cash and Cash Equivalents 3 0
Net increase in cash and cash equivalents 248 1,314
Cash and cash equivalents at beginning of period 9,644 8,469
Cash and cash equivalents at end of period $ 9,892 $ 9,783