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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jul. 02, 2019
Cash flows from operating activities:    
Net (loss)/income $ (192,702) $ 62,494
Adjustments to reconcile net income to cash (used in)/provided by operating activities:    
Depreciation and amortization expenses 46,152 43,021
Impairment of assets and lease terminations 193,889  
Deferred income taxes (11,173) (2,289)
Stock-based compensation 10,617 10,488
Loss from investments in unconsolidated affiliates   3,094
Changes in assets and liabilities:    
Accounts and other receivable 41,404 43,123
Income taxes receivable/payable (74,387) (3,095)
Inventories 6,709 (7,122)
Prepaid expenses 7,600 (3,372)
Operating lease assets/liabilities 12,895 (5,504)
Other assets 4,294 (7,984)
Accounts payable 226 (13,417)
Gift card liabilities (25,731) (29,980)
Other accrued expenses (55,477) (5,688)
Cash (used in)/provided by operating activities (35,684) 83,769
Cash flows from investing activities:    
Additions to property and equipment (29,424) (29,371)
Additions to intangible assets (227) (198)
Investments in unconsolidated affiliates   (3,000)
Loans made to unconsolidated affiliates   (18,000)
Cash used in investing activities (29,651) (50,569)
Cash flows from financing activities:    
Preferred stock issuance 200,000  
Preferred stock direct costs (10,257)  
Borrowings on credit facility 90,000 35,000
Repayments on credit facility (4,000) (10,000)
Proceeds from exercise of stock options 113 6,191
Cash dividends paid (15,791) (29,287)
Treasury stock purchases (2,852) (39,164)
Cash provided/(used) in financing activities 257,213 (37,260)
Foreign currency translation adjustment (139) 86
Net change in cash and cash equivalents 191,739 (3,974)
Cash and cash equivalents at beginning of period 58,416 26,578
Cash and cash equivalents at end of period 250,155 22,604
Supplemental disclosures:    
Interest paid 7,289 636
Income taxes paid 423 9,939
Construction payable $ 1,884 $ 4,023