XML 41 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jan. 03, 2012
Dec. 28, 2010
Dec. 29, 2009
Cash flows from operating activities:      
Net income $ 95,720 $ 81,713 $ 42,833
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 71,958 72,140 75,184
Impairment of assets 1,547   26,541
Realized loss on derivative financial instruments   7,376 7,421
Deferred income taxes 7,907 (4,087) (4,798)
Stock-based compensation 9,635 10,913 14,610
Tax impact of stock options exercised, net of cancellations 844 233 (1,117)
Excess tax benefit related to stock options exercised (741) (3,357) (857)
Other 1,023 178 1,957
Changes in assets and liabilities:      
Accounts receivable 4,850 (4,832) 1,185
Other receivables (4,800) 179 5,346
Inventories (5,174) (834) 930
Prepaid expenses (8,153) (474) (3,217)
Other assets (545) 562 6,725
Accounts payable 3,508 (1,297) (3,927)
Income taxes receivable (1,632) (1,964) 7,865
Termination of derivative financial instruments   (7,376) (7,421)
Other accrued expenses 20,117 17,984 29,587
Cash provided by operating activities 196,064 167,057 198,847
Cash flows from investing activities:      
Additions to property and equipment (76,746) (41,847) (37,243)
Additions to intangible assets (870) (1,821) (1,712)
Sales of available-for-sale securities     1,000
Cash used in investing activities (77,616) (43,668) (37,955)
Cash flows from financing activities:      
Deemed landlord financing proceeds 5,070 4,198 6,354
Deemed landlord financing payments (1,687) (1,529) (1,436)
Proceeds from exercise of employee stock options 16,146 30,577 1,683
Excess tax benefit related to stock options exercised 741 3,357 857
Repayment on credit facility   (100,000) (175,000)
Purchase of treasury stock (172,126) (52,088)  
Cash used in financing activities (151,856) (115,485) (167,542)
Net change in cash and cash equivalents (33,408) 7,904 (6,650)
Cash and cash equivalents at beginning of period 81,619 73,715 80,365
Cash and cash equivalents at end of period 48,211 81,619 73,715
Supplemental disclosures:      
Interest paid 4,250 17,492 24,486
Income taxes paid $ 27,246 $ 31,038 $ 18,576