XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Nov. 05, 2012
Nov. 07, 2011
Cash flows from operating activities:    
Net income (loss) $ 16,093 $ (6,349)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 60,954 62,873
Amortization of deferred financing costs and discount on notes 3,215 3,065
Loss on early extinguishment of senior secured second lien notes 3,695 2,927
Share-based compensation expense 3,545 3,531
Provision for losses on accounts and notes receivable 29 114
Loss on disposal of property and equipment 713 863
Deferred income taxes (17,179) (151)
Other non-cash charges 2,122 729
Net changes in operating assets and liabilities:    
Receivables, inventories, prepaid expenses and other current and non-current assets 3,882 (3,739)
Estimated liability for closed restaurants and estimated liability for self-insurance 396 (909)
Accounts payable and other current and long-term liabilities 36,676 28,043
Net cash provided by operating activities 114,141 90,997
Cash flows from investing activities:    
Purchases of property and equipment (39,357) (44,440)
Proceeds from sale of property and equipment 1,925 1,749
Collections of non-trade notes receivable 841 703
Acquisition of restaurants, net of cash received (75) 0
Other investing activities 177 146
Net cash used in investing activities (36,489) (41,842)
Cash flows from financing activities:    
Net change in bank overdraft (5,802) (6,767)
Proceeds from financing method sale-leaseback transactions 91,063 43,159
Payment of deferred financing costs (5,219) (2,506)
Payment for early extinguishment of senior secured second lien notes (61,811) (49,370)
Repayments of other long-term debt (3) (614)
Repayments of capital lease obligations (6,312) (6,206)
Purchase of Toggle Notes 0 (8,362)
Dividends paid on common stock (14,400) 0
Net cash used in financing activities (2,484) (30,666)
Net increase in cash and cash equivalents 75,168 18,489
Cash and cash equivalents at beginning of period 64,555 42,586
Cash and cash equivalents at end of period $ 139,723 $ 61,075