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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2019
Oct. 02, 2018
Cash flows from operating activities:    
Net income $ 78,584 $ 82,857
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization expenses 64,363 71,819
Deferred income taxes (2,640) 916
Impairment of assets and lease terminations   2,532
Stock-based compensation 15,135 15,807
Loss on investments in unconsolidated affiliates 13,439 2,686
Changes in assets and liabilities:    
Accounts and other receivable 40,634 35,747
Income taxes receivable/payable (9,127) 11,832
Inventories (8,890) 2,789
Prepaid expenses (2,746) 10,163
Operating lease assets/liabilities (5,234)  
Other assets (8,985) 279
Accounts payable (15,654) (8,392)
Gift Card Liabilities (36,774) (38,606)
Other accrued expenses (5,898) (8,323)
Cash provided by operating activities 116,207 182,106
Cash flows from investing activities:    
Additions to property and equipment (46,702) (78,716)
Additions to intangible assets (353) (2,677)
Investments in unconsolidated affiliates (3,000) (25,000)
loans made to unconsolidated Affiliates (22,500)  
Proceeds from variable life insurance contract   540
Cash used in investing activities (72,555) (105,853)
Cash flows from financing activities:    
Deemed landlord financing proceeds   19,156
Deemed landlord financing payments   (3,799)
Borrowings on credit facility 335,000 45,000
Repayments on credit facility (10,000) (35,000)
Proceeds from exercise of stock options 6,516 7,337
Cash dividends paid (44,990) (41,449)
Treasury stock purchases (50,561) (60,893)
Cash provided/(used) in financing activities 235,965 (69,648)
Foreign currency translation adjustment 57 26
Net change in cash and cash equivalents 279,674 6,631
Cash and cash equivalents at beginning of period 26,578 6,008
Cash and cash equivalents at end of period 306,252 12,639
Supplemental disclosures:    
Interest paid 854 6,156
Income taxes paid 16,966 8,144
Construction payable $ 6,400 8,609
Non-cash operating:    
Settlement of sale-leaseback accounting   286
Non-cash investing:    
Settlement of landlord sale-leaseback accounting   (1,174)
Non-cash financing:    
Settlement of landlord financing obligation for sale-leaseback leases   888
Deemed landlord financing proceeds   $ 7,278