XML 34 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 28, 2011
Jun. 29, 2010
Cash flows from operating activities:    
Net income $ 45,204 $ 37,895
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 34,936 36,181
Realized loss on derivative financial instruments   7,376
Deferred income taxes 3,316 351
Stock-based compensation 5,946 6,582
Tax impact of stock options exercised, net of cancellations 600 (53)
Excess tax benefit related to stock options exercised (497) (1,772)
Other 412 (656)
Changes in assets and liabilities:    
Accounts receivable 10,383 5,083
Other receivables 7,323 12,467
Inventories (9,212) (4,586)
Prepaid expenses 3,121 2,014
Other assets (2,122) 940
Accounts payable 6,051 (2,298)
Income taxes payable 2,091 (8,950)
Termination of derivative financial instruments   (7,376)
Other accrued expenses (13,796) (7,051)
Cash provided by operating activities 93,756 76,147
Cash flows from investing activities:    
Additions to property and equipment (30,176) (17,865)
Cash used in investing activities (30,176) (17,865)
Cash flows from financing activities:    
Deemed landlord financing proceeds 1,612 1,635
Deemed landlord financing payments (820) (752)
Proceeds from exercise of employee stock options 7,475 11,587
Excess tax benefit related to stock options exercised 497 1,772
Repayment of credit facility   (30,000)
Purchase of treasury stock (95,030) (29,946)
Cash used in financing activities (86,266) (45,704)
Net change in cash and cash equivalents (22,686) 12,578
Cash and cash equivalents at beginning of period 81,619 73,715
Cash and cash equivalents at end of period 58,933 86,293
Supplemental disclosures:    
Interest paid 2,065 14,281
Income taxes paid $ 11,248 $ 18,318