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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
OPERATING ACTIVITIES      
Net income $ 192,106 $ 227,703 $ 255,213
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of operating property and intangible assets 45,855 44,468 43,570
Non-cash interest charges 334 253 253
Provisions for losses on trade and other accounts receivable 9,415 9,831 7,415
Gains on sales/disposals of operating property (2,576) (1,016) (979)
Impairment of intangible and other assets 2,582    
Deferred income taxes, net 1,130 4,767 2,115
Stock-based compensation 4,639 4,236 18,256
Changes in operating assets and liabilities:      
(Increase) decrease in trade and other accounts receivable (285,169) 81,415 (57,419)
Increase in other assets (4,719) (11,395) (2,962)
Increase (decrease) in accounts payable 108,090 (42,138) 22,527
Increase (decrease) in other liabilities 28,496 (17,786) 8,367
Increase in insurance claims 110,534 7,502 1,545
NET CASH PROVIDED BY OPERATING ACTIVITIES 210,717 307,840 297,901
INVESTING ACTIVITIES      
Net change in other short-term investments 131 (131)  
Sales and maturities of investments 22,632 62,922 51,576
Purchases of investments (25,550) (65,922) (54,041)
Purchases of operating property (30,626) (19,416) (9,747)
Proceeds from sales of operating property 7,760 3,991 4,018
Consideration paid for acquisition (2,766)    
NET CASH USED BY INVESTING ACTIVITIES (28,419) (18,556) (8,194)
FINANCING ACTIVITIES      
Increase (decrease) in cash overdraft 20,870 (1,461) 13,097
Dividends paid (109,504) (27,891) (88,918)
Payment for debt issue costs (1,132)    
Proceeds from exercises of stock options 725 1,056 1,435
Taxes paid in lieu of shares issued related to stock-based compensation plans (3,326) (8,456) (3,938)
Purchases of common stock (115,962) (88,578) (208,087)
Principal payments on finance lease obligations (43,703) (44,635) (43,283)
Purchase of noncontrolling interest   (600)  
Payment of contingent consideration     (985)
NET CASH USED BY FINANCING ACTIVITIES (252,032) (170,565) (330,679)
Effect of exchange rate changes on cash and cash equivalents (427) 1,060 (1,708)
(Decrease) increase in cash and cash equivalents (70,161) 119,779 (42,680)
Cash and cash equivalents at beginning of period 319,515 199,736 242,416
Cash and cash equivalents at end of period $ 249,354 $ 319,515 $ 199,736