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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income/(loss) $ 37,583 $ (192,702)
Adjustments to reconcile net income/(loss) to cash provided by/(used in) operating activities:    
Depreciation and amortization expenses 44,229 46,152
Impairment of assets and lease termination expense 394 193,889
Deferred income taxes (2,895) (11,173)
Stock-based compensation 10,935 10,617
Changes in assets and liabilities:    
Accounts and other receivables 17,048 41,404
Income taxes receivable/payable 1,106 (74,387)
Inventories (2,504) 6,709
Prepaid expenses 3,274 7,600
Operating lease assets/liabilities (3,883) 12,895
Other assets (6,612) 4,294
Accounts payable (3,072) 226
Gift card liabilities (15,562) (25,731)
Other accrued expenses 50,397 (55,477)
Cash provided by/(used in) operating activities 130,438 (35,684)
Cash flows from investing activities:    
Additions to property and equipment (30,902) (29,424)
Additions to intangible assets (312) (227)
Other (1,000)  
Cash used in investing activities (32,214) (29,651)
Cash flows from financing activities:    
Borrowings on credit facility   90,000
Repayments on credit facility (150,000) (4,000)
Convertible debt issuance 345,000  
Convertible debt direct and incremental costs (10,074)  
Series A preferred stock issuance   200,000
Series A preferred stock direct and incremental costs   (10,257)
Series A preferred stock cash-settled conversion (443,751)  
Series A preferred stock conversion direct and incremental costs (74)  
Series A preferred stock dividends paid (18,661)  
Common stock issuance 175,000  
Common stock issuance direct and incremental costs (7,950)  
Common stock dividends paid (337) (15,791)
Proceeds from exercise of stock options 24,785 113
Treasury stock purchases (4,560) (2,852)
Cash used in financing activities (90,622) 257,213
Foreign currency translation adjustment 81 (139)
Net change in cash and cash equivalents 7,683 191,739
Cash and cash equivalents at beginning of period 154,085 58,416
Cash and cash equivalents at end of period 161,768 250,155
Supplemental disclosures:    
Interest paid 6,884 7,289
Income taxes paid 4,877 423
Construction payable $ 5,016 $ 1,884