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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 25, 2011
Sep. 26, 2010
Operating activities  
Net income, net of noncontrolling interests$ 39,674$ 37,915
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for uncollectible accounts and notes receivable8821,257
Depreciation and amortization24,71124,122
Deferred income taxes5,219(850)
Stock-based compensation expense5,2664,491
Excess tax benefit on equity awards(576)(242)
Other1,272303
Changes in operating assets and liabilities, net of acquisitions:  
Accounts receivable(3,071)(4,094)
Inventories201(525)
Prepaid expenses3,5061,309
Other current assets(107)381
Other assets and liabilities491(397)
Accounts payable3,896(2,119)
Income and other taxes payable3,0785,499
Accrued expenses (5,701)
Unearned franchise and development fees(94)810
Net cash provided by operating activities84,34862,159
Investing activities  
Purchase of property and equipment(20,647)(23,608)
Purchase of investments(205)(548)
Proceeds from sale or maturity of investments128301
Loans issued(2,598)(1,736)
Loan repayments4,5422,444
Proceeds from divestitures of restaurants 1,423
Other6210
Net cash used in investing activities(18,718)(21,714)
Financing activities  
Net repayments on line of credit facility(49,000) 
Excess tax benefit on equity awards576242
Tax payments for restricted stock(1,041) 
Proceeds from exercise of stock options10,9815,304
Acquisition of Company common stock(49,579)(43,215)
Noncontrolling interests, net of contributions and distributions(261)(235)
Other97104
Net cash used in financing activities(88,227)(37,800)
Effect of exchange rate changes on cash and cash equivalents6778
Change in cash and cash equivalents(22,530)2,723
Cash and cash equivalents at beginning of period46,225[1]25,457
Cash and cash equivalents at end of period$ 23,695$ 28,180
[1]Note: The balance sheet at December 26, 2010 has been derived from the audited consolidated financial statements at that date, but does not include all information and footnotes required by accounting principles generally accepted in the United States for a complete set of financial statements.