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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income $ 418,236 $ 315,075
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 141,398 125,204
Deferred income tax provision (15,537) (15,884)
Impairment, closure costs, and asset disposals 8,851 8,235
Provision for credit losses (876) (220)
Stock-based compensation expense 52,221 102,680
Other (11,909) 2,467
Changes in operating assets and liabilities:    
Accounts receivable 12,353 37,286
Inventory 3,320 1,309
Prepaid expenses and other current assets 948 (18,186)
Operating lease assets 112,505 105,485
Other assets (3,014) 117
Accounts payable (2,972) 12,525
Accrued payroll and benefits (583) 21,068
Accrued liabilities (22,293) (20,102)
Unearned revenue (20,062) (11,487)
Income tax payable/receivable (3,832) (1,851)
Operating lease liabilities (100,024) (101,818)
Other long-term liabilities 958 955
Net cash provided by operating activities 569,688 562,858
Investing activities    
Purchases of leasehold improvements, property and equipment (196,495) (212,123)
Purchases of investments (195,242) (190,920)
Maturities of investments 142,540 162,045
Proceeds from sale of equipment 0 2,885
Net cash used in investing activities (249,197) (238,113)
Financing activities    
Acquisition of treasury stock (521,910) (203,151)
Tax withholding on stock-based compensation awards (91,905) (58,860)
Other financing activities (588) (2,208)
Net cash used in financing activities (614,403) (264,219)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (490) (216)
Net change in cash, cash equivalents, and restricted cash (294,402) 60,310
Cash, cash equivalents, and restricted cash at beginning of period 846,230 635,836
Cash, cash equivalents, and restricted cash at end of period 551,828 696,146
Supplemental disclosures of cash flow information    
Income taxes paid 139,177 108,247
Purchases of leasehold improvements, property, and equipment accrued in accounts payable and accrued liabilities 61,072 50,403
Acquisition of treasury stock accrued in accounts payable and accrued liabilities $ 6,999 $ 3,372