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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Dec. 30, 2018
Operating activities      
Net income before attribution to noncontrolling interests $ 60,614 $ 5,657 $ 4,073
Adjustments to reconcile net income to net cash provided by operating activities:      
(Credit) provision for allowance for credit losses on accounts and notes receivable (4,734) 3,139 6,849
Depreciation and amortization 49,705 47,281 46,403
Deferred income taxes (9,268) (3,764) 1,620
Preferred stock option mark-to-market adjustment   5,914  
Stock-based compensation expense 16,310 15,303 9,936
(Gain) loss on refranchising   (4,739) 289
Other 2,257 3,203 5,677
Changes in operating assets and liabilities:      
Accounts receivable (22,420) (6,181) 2,157
Income tax receivable 3,760 12,122 (12,157)
Inventories (2,736) (326) 3,093
Prepaid expenses and other current assets 2,884 1,367 3,795
Other assets and liabilities 20,879 (6,354) 1,464
Accounts payable 8,229 2,035 (400)
Income and other taxes payable 2,664 1,009 (3,971)
Accrued expenses and other current liabilities 59,353 (11,331) 21,753
Deferred revenue (1,058) (2,586) 1,873
Net cash provided by operating activities 186,439 61,749 92,454
Investing activities      
Purchases of property and equipment (35,652) (37,711) (42,028)
Notes issued (16,589) (15,864) (10,463)
Repayments of notes issued 11,154 5,616 5,805
Proceeds from divestitures of restaurants   13,495 7,707
Other 16 1,889 180
Net cash used in investing activities (41,071) (32,575) (38,799)
Financing activities      
Repayments of term loan (20,000) (15,000) (20,000)
Net (repayments) proceeds of revolving credit facilities   (240,026) 163,585
Debt issuance costs     (1,913)
Proceeds from exercise of stock options 30,622 16,010 2,699
Dividends paid to common stockholders (29,362) (28,552) (28,985)
Dividends paid to preferred stockholders (13,649) (10,020)  
Tax payments for equity award issuances (3,974) (1,433) (1,521)
Acquisition of Company common stock (2,701)   (158,049)
Proceeds from issuance of preferred stock   252,530  
Issuance costs associated with preferred stock   (7,527)  
Contributions from noncontrolling interests   840  
Distributions to noncontrolling interests (2,420) (870) (4,269)
Other (1,977) (526) 356
Net cash used in financing activities (43,461) (34,574) (48,097)
Effect of exchange rate changes on cash and cash equivalents 386 53 (191)
Change in cash and cash equivalents 102,293 (5,347) 5,367
Cash and cash equivalents at beginning of period 27,911 33,258 27,891
Cash and cash equivalents at end of period $ 130,204 $ 27,911 $ 33,258