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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2020
Oct. 01, 2019
Cash flows from operating activities:    
Net (loss)/income $ (221,048) $ 78,584
Adjustments to reconcile net (loss)/income to cash (used in)/provided by operating activities:    
Depreciation and amortization expenses 68,803 64,363
Impairment of assets and lease terminations 195,981  
Deferred income taxes (52,979) (2,640)
Stock-based compensation 15,533 15,135
Loss from investments in unconsolidated affiliates   13,439
Changes in assets and liabilities:    
Accounts and other receivable 40,460 40,634
Income taxes receivable/payable (40,977) (9,127)
Inventories 9,495 (8,890)
Prepaid expenses 11,695 (2,746)
Operating lease assets/liabilities 17,465 (5,234)
Other assets 540 (8,985)
Accounts payable 3,101 (15,654)
Gift card liabilities (32,488) (36,774)
Other accrued expenses (48,317) (5,898)
Cash (used in)/provided by operating activities (32,736) 116,207
Cash flows from investing activities:    
Additions to property and equipment (38,270) (46,702)
Additions to intangible assets (365) (353)
Investments in unconsolidated affiliates   (3,000)
Loans made to unconsolidated affiliates   (22,500)
Cash used in investing activities (38,635) (72,555)
Cash flows from financing activities:    
Preferred stock issuance 200,000  
Preferred stock direct costs (10,257)  
Borrowings on credit facility 90,000 335,000
Repayments on credit facility (4,000) (10,000)
Proceeds from exercise of stock options 113 6,516
Cash dividends paid (15,791) (44,990)
Treasury stock purchases (3,242) (50,561)
Cash provided by financing activities 256,823 235,965
Foreign currency translation adjustment (100) 57
Net change in cash and cash equivalents 185,352 279,674
Cash and cash equivalents at beginning of period 58,416 26,578
Cash and cash equivalents at end of period 243,768 306,252
Supplemental disclosures:    
Interest paid 10,347 854
Income taxes paid 6,712 16,966
Construction payable $ 3,029 $ 6,400