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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 03, 2021
Cash flows from operating activities:      
Net earnings $ 130,826 $ 115,781 $ 165,755
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 62,287 56,100 46,500
Amortization of franchise tenant improvement allowances and incentives 4,647 4,446 3,450
Amortization of debt issuance costs 5,040 5,496 5,595
Loss on extinguishment of debt 0 7,700 0
Tax deficiency (excess tax benefits) from share-based compensation arrangements 71 123 (1,160)
Deferred income taxes (11,989) 7,857 8,008
Share-based compensation expense 11,205 7,122 4,048
Pension and postretirement expense 6,967 303 881
(Gains) losses on cash surrender value of company-owned life insurance (7,346) 12,668 (12,753)
Gains on the sale of company-operated restaurants (17,998) (3,878) (4,203)
Gains on the disposition of property and equipment (8,171) (30,533) (6,888)
Impairment charges and other 6,217 8,219 2,889
Changes in assets and liabilities, excluding acquisitions and dispositions:      
Accounts and other receivables (4,048) (18,143) 5,072
Inventories 1,367 304 (269)
Prepaid expenses and other current assets (1,422) (3,275) (2,766)
Operating lease right-of-use assets and lease liabilities 2,364 2,593 (24,784)
Accounts payable (1,692) 16,243 (3,091)
Accrued liabilities 47,459 (9,081) 28,990
Pension and postretirement contributions (6,241) (6,690) (6,084)
Franchise tenant improvement allowance and incentive disbursements (3,265) (2,989) (8,568)
Other (1,272) (7,484) 500
Cash flows provided by operating activities 215,006 162,882 201,122
Cash flows from investing activities:      
Purchases of property and equipment (74,954) (46,475) (41,008)
Proceeds from the sale and leaseback of assets 3,673 10,768 3,884
Acquisition of Del Taco, net of cash acquired 0 (580,793) 0
Proceeds from the sale of company-operated restaurants (85,221) (6,391) (1,827)
Proceeds from the sale of property and equipment 25,214 31,161 11,742
Other 3,065 360 2,626
Cash flows provided by (used in) investing activities 42,219 (578,588) (20,929)
Cash flows from financing activities:      
Borrowings on revolving credit facilities 0 68,000 0
Repayments of borrowings on revolving credit facilities (50,000) (18,000) (107,875)
Proceeds from issuance of debt 0 1,100,000 0
Principal repayments on debt (30,109) (588,064) (829)
Debt issuance costs 0 (20,599) 0
Dividends paid on common stock (35,890) (36,987) (37,322)
Proceeds from issuance of common stock 263 51 6,647
Repurchases of common stock (90,029) (25,000) (200,000)
Payroll tax payments for equity award issuances (1,593) (1,223) (4,166)
Cash flows (used in) provided by financing activities (207,358) 478,178 (343,545)
Net increase (decrease) in cash and restricted cash 49,867 62,472 (163,352)
Cash and restricted cash at beginning of year 136,040 73,568 236,920
Cash and restricted cash at end of year $ 185,907 $ 136,040 $ 73,568