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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 8 Months Ended
Sep. 06, 2020
Sep. 08, 2019
Sep. 06, 2020
Sep. 08, 2019
Cash flows from operating activities:        
Net income $ 99,129 $ 86,373 $ 339,399 $ 271,382
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 15,327 13,132 44,116 40,982
Loss on sale/disposal of assets 986 312 1,530 3,141
Amortization of debt issuance costs     3,853 3,288
Provision for deferred income taxes     3,681 1,627
Non-cash equity-based compensation expense 4,905 4,680 14,934 13,269
Excess tax benefits from equity-based compensation     (56,862) (19,670)
Provision for losses on accounts and notes receivable     1,536 774
Changes in operating assets and liabilities     (14,146) 16,214
Changes in advertising fund assets and liabilities, restricted     32,358 (6,411)
Net cash provided by operating activities     370,399 324,596
Cash flows from investing activities:        
Capital expenditures     (51,163) (42,676)
Purchase of investments (Note 9)     (40,000)  
Proceeds from sale of assets     11 9,738
Maturities of advertising fund investments, restricted       30,152
Other     83 (351)
Net cash used in investing activities     (91,069) (3,137)
Cash flows from financing activities:        
Proceeds from issuance of long-term debt     158,000  
Repayments of long-term debt and finance lease obligations     (190,843) (91,860)
Proceeds from exercise of stock options     26,526 10,122
Purchases of common stock     (79,590) (105,149)
Tax payments for restricted stock upon vesting     (6,584) (5,820)
Payments of common stock dividends and equivalents     (61,093) (53,598)
Net cash used in financing activities     (153,584) (246,305)
Effect of exchange rate changes on cash     243 139
Change in cash and cash equivalents, restricted cash and cash equivalents     125,989 75,293
Cash and cash equivalents, beginning of period     190,615 [1] 25,438
Restricted cash and cash equivalents, beginning of period     209,269 [1] 166,993
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period     84,040 44,988
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period     483,924 237,419
Cash and cash equivalents, end of period 330,719 66,706 330,719 66,706
Restricted cash and cash equivalents, end of period 160,330 177,292 160,330 177,292
Cash and cash equivalents included in advertising fund assets, restricted, end of period 118,864 68,714 118,864 68,714
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period $ 609,913 $ 312,712 $ 609,913 $ 312,712
[1] The balance sheet at December 29, 2019 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.