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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2018
May 31, 2017
Cash flows from operating activities:    
Net income $ 52,613 $ 42,832
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,492 29,531
Stock-based compensation expense 3,318 2,906
Loss from debt transactions 1,310 0
Benefit from deferred income taxes (14,279) (1,354)
Gain on disposition of assets, net (4,989) (12,097)
Other 1,821 1,388
Change in operating assets and liabilities:    
(Increase) decrease in restricted cash 5,088 4,549
(Increase) decrease in accounts receivable and other assets (5,749) (2,124)
Increase (decrease) in accounts payable (705) (2,894)
Increase (decrease) in accrued and other liabilities (3,998) (12,701)
Increase (decrease) in income taxes 1,910 44
Total adjustments 12,219 7,248
Net cash provided by operating activities 64,832 50,080
Cash flows from investing activities:    
Purchases of property and equipment (24,523) (37,146)
Proceeds from sale of assets 16,278 62,393
Proceeds from sale of investment in refranchised drive-in operations 0 8,354
Issuance of notes receivable (14,158) (1,214)
Collections on notes receivable 6,232 10,114
Other 659 1,674
Net cash provided by (used in) investing activities (15,512) 44,175
Cash flows from financing activities:    
Purchases of treasury stock (110,621) (128,180)
Payment of dividends (18,184) (18,485)
Payments on debt (171,000) (10,417)
Proceeds from borrowings 253,000 43,000
Restricted cash for securitization obligations 28,294 203
Debt issuance costs and prepayment premiums (5,121) (10)
Proceeds from exercise of stock options 1,635 2,528
Other (4,794) (2,936)
Net cash used in financing activities (26,791) (114,297)
Net increase (decrease) in cash and cash equivalents 22,529 (20,042)
Cash and cash equivalents at beginning of period 22,340 72,092
Cash and cash equivalents at end of period 44,869 52,050
Cash paid during the period for:    
Interest 22,626 20,210
Income taxes (net of refunds) 10,175 22,985
Non-cash investing and financing activities:    
Net additions to capital lease obligations 97 1,433
Change in obligation to acquire treasury stock (1,521) (516)
Stock options exercised by swap $ 2,697 $ 0