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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2020
Dec. 31, 2019
Jan. 01, 2019
Cash flows from operating activities:      
Net (loss)/income $ (253,365) $ 127,293 $ 99,035
Adjustments to reconcile net (loss)/income to cash (used in)/provided by operating activities:      
Depreciation and amortization expenses 91,415 88,133 95,976
Deferred income taxes (67,228) (2,197) (5,510)
Impairment of assets and lease terminations 208,066 16,223 16,411
Stock-based compensation 21,350 19,373 19,988
(Gain)/loss from investments in unconsolidated affiliates   (39,233) 4,754
Changes in assets and liabilities:      
Accounts and other receivables 15,148 3,777 3,680
Income taxes receivable/payable (32,263) (5,338) 15,729
Inventories 7,921 (5,766) 3,667
Prepaid expenses 8,563 (4,133) 6,262
Operating lease assets/liabilities 22,958 5,019  
Other assets (6,019) (11,989) 7,406
Accounts payable (2,005) 2,326 5,601
Gift card liabilities (3,324) 9,695 8,395
Other accrued expenses (8,309) 15,578 9,921
Cash provided by operating activities 2,908 218,761 291,315
Cash flows from investing activities:      
Additions to property and equipment (50,329) (73,765) (102,909)
Additions to intangible assets (585) (2,100) (3,020)
Acquisition, net of cash acquired   (261,695)  
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 (50,914) (363,060) (130,389)
Cash flows from financing activities:      
Acquisition-related deferred consideration (17,250)    
Deemed landlord financing proceeds     21,788
Deemed landlord financing payments     (5,128)
Borrowings on credit facility 90,000 335,000 70,000
Repayments on credit facility (100,000) (55,000) (70,000)
Proceeds from exercise of stock options 611 7,724 8,576
Series A preferred stock issuance 200,000    
Series A preferred stock direct costs (10,257)    
Cash dividends paid (15,791) (60,722) (56,251)
Treasury stock purchases (3,621) (50,982) (109,276)
Cash provided by/(used in) financing activities 143,692 176,020 (140,291)
Foreign currency translation adjustment (17) 117 (65)
Net change in cash and cash equivalents 95,669 31,838 20,570
Cash and cash equivalents at beginning of period 58,416 26,578 6,008
Cash and cash equivalents at end of period 154,085 58,416 26,578
Supplemental disclosures:      
Interest paid 13,045 1,646 8,156
Income taxes paid 2,968 20,778 10,149
Construction payable $ 5,007 6,504 4,585
Non-cash operating:      
Settlement of sale-leaseback accounting     11,863
Non-cash investing:      
Settlement of landlord sale-leaseback accounting     6,824
Acquisition-related deferred consideration and compensation   (66,257)  
Fair value of previously held equity investments   122,000  
Loans repaid by unconsolidated affiliates as a reduction of acquisition cash   12,500  
Loan to unconsolidated affiliate assumed in acquisition   $ 10,000  
Non-cash financing:      
Settlement of landlord financing obligation for sale-leaseback leases     (18,687)
Deemed landlord financing proceeds     $ 13,748