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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Apr. 14, 2024
Apr. 16, 2023
Cash flows from operating activities:    
Net earnings $ 63,663 $ 79,761
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 32,379 34,000
Amortization of franchise tenant improvement allowances and incentives 2,538 2,237
Deferred finance cost amortization 2,610 2,787
Excess tax (benefits) deficiency from share-based compensation arrangements (49) 142
Deferred income taxes (2,326) 1,496
Share-based compensation expense 8,661 5,932
Pension and post-retirement expense 3,685 3,751
Gains on cash surrender value of company-owned life insurance (7,949) (8,007)
Losses (gains) on the sale of company-operated restaurants 1,319 (4,529)
Gains on acquisition of restaurants (2,357) 0
Losses (gains) on the disposition of property and equipment, net [1] 1,148 (8,615)
Impairment charges and other 1,580 549
Changes in assets and liabilities, excluding acquisitions:    
Accounts and other receivables 815 (1,456)
Inventories (170) (23)
Prepaid expenses and other current assets 9,299 6,344
Operating lease right-of-use assets and lease liabilities 9,392 8,561
Accounts payable (396) (15,994)
Accrued liabilities (123,532) (7,043)
Pension and post-retirement contributions (3,288) (3,234)
Franchise tenant improvement allowance and incentive disbursements (1,460) (2,052)
Other (1,583) (499)
Cash flows (used in) provided by operating activities (6,021) 94,108
Cash flows from investing activities:    
Purchases of property and equipment (61,071) (37,196)
Proceeds from the sale of property and equipment 1,500 23,371
Proceeds from the sale and leaseback of assets 1,728 3,673
Proceeds from the sale of company-operated restaurants 1,989 18,417
Other 0 1,465
Cash flows (used in) provided by investing activities (55,854) 9,730
Cash flows from financing activities:    
Repayments of borrowings on revolving credit facilities 0 (50,000)
Principal repayments on debt (14,818) (15,088)
Dividends paid on common stock (17,167) (18,218)
Proceeds from issuance of common stock 2 0
Repurchases of common stock (40,000) (32,621)
Payroll tax payments for equity award issuances (3,072) (1,115)
Cash flows used in financing activities (75,055) (117,042)
Net decrease in cash and restricted cash (136,930) (13,204)
Cash and restricted cash at beginning of period 185,907 136,040
Cash and restricted cash at end of period $ 48,977 $ 122,836
[1] In 2024, loss on disposition of property and equipment primarily related to the lease termination and early closures of Del Taco restaurants. In 2023, gains on disposition of property and equipment primarily related to the sale of Jack in the Box restaurant properties to franchisees who were leasing the properties from us prior to the sale