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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2021
Sep. 29, 2020
Cash flows from operating activities:    
Net income/(loss) $ 70,263 $ (221,048)
Adjustments to reconcile net income/(loss) to cash provided by/(used in) operating activities:    
Depreciation and amortization expenses 66,805 68,803
Impairment of assets and lease termination expense 394 195,981
Deferred income taxes (5,227) (52,979)
Stock-based compensation 16,329 15,533
Changes in assets and liabilities:    
Accounts and other receivables 8,121 40,460
Income taxes receivable/payable (3,749) (40,977)
Inventories (3,907) 9,495
Prepaid expenses 5,596 11,695
Operating lease assets/liabilities (4,386) 17,465
Other assets (5,682) 540
Accounts payable (3,771) 3,101
Gift card liabilities (23,143) (32,488)
Other accrued expenses 1,517 (48,317)
Cash provided by/(used in) operating activities 119,160 (32,736)
Cash flows from investing activities:    
Additions to property and equipment (49,158) (38,270)
Additions to intangible assets (482) (365)
Other (1,283)  
Cash used in investing activities (50,923) (38,635)
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)  
Proceeds from exercise of stock options 24,785 113
Common stock dividends paid (337) (15,791)
Treasury stock purchases (5,241) (3,242)
Cash (used in)/provided by financing activities (91,303) 256,823
Foreign currency translation adjustment 11 (100)
Net change in cash and cash equivalents (23,055) 185,352
Cash and cash equivalents at beginning of period 154,085 58,416
Cash and cash equivalents at end of period 131,030 243,768
Supplemental disclosures:    
Interest paid 7,749 10,347
Income taxes paid 9,128 6,712
Construction payable $ 3,236 $ 3,029