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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2023
Dec. 28, 2021
Dec. 29, 2020
Cash flows from operating activities:      
Net income/(loss) $ 43,123 $ 72,373 $ (253,365)
Adjustments to reconcile net income/(loss) to cash provided by operating activities:      
Depreciation and amortization expenses 92,380 89,654 91,415
Impairment of assets and lease termination expenses 31,327 17,937 208,066
Deferred income taxes (18,646) (20,849) (67,228)
Stock-based compensation 24,426 22,988 21,350
Changes in assets and liabilities:      
Accounts and other receivables (12,266) (24,816) 15,148
Income taxes receivable/payable 14,651 715 (32,263)
Inventories (12,725) (3,478) 7,921
Prepaid expenses (11,960) (1,137) 8,563
Operating lease assets/liabilities (18,404) (4,106) 22,958
Other assets 13,739 (9,227) (6,019)
Accounts payable 17,586 (3,678) (2,005)
Gift card liabilities 8,634 26,527 (3,324)
Other accrued expenses (9,939) 50,103 (8,309)
Cash provided by operating activities 161,926 213,006 2,908
Cash flows from investing activities:      
Additions to property and equipment (112,464) (66,943) (50,329)
Additions to intangible assets (680) (606) (585)
Other 329 (1,061)  
Cash used in investing activities (112,815) (68,610) (50,914)
Cash flows from financing activities:      
Acquisition-related deferred consideration and compensation (18,316) (17,000) (17,250)
Borrowings on credit facility 130,000   90,000
Repayments on credit facility (130,000) (150,000) (100,000)
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 dividend paid   (18,661)  
Common stock issuance   175,000  
Common stock issuance direct and incremental costs   (7,950)  
Proceeds from exercise of stock options 84 24,786 611
Common stock dividends paid (42,272) (337) (15,791)
Treasury stock purchases (63,132) (5,766) (3,621)
Cash (used in)/provided by financing activities (123,636) (108,827) 143,692
Foreign currency translation adjustment (325) (27) (17)
Net change in cash and cash equivalents (74,850) 35,542 95,669
Cash and cash equivalents at beginning of period 189,627 154,085 58,416
Cash and cash equivalents at end of period 114,777 189,627 154,085
Supplemental disclosures:      
Interest paid 7,233 9,586 13,045
Income taxes paid 14,688 13,031 2,968
Construction payable $ 9,346 $ 4,343 $ 5,007