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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 8 Months Ended
Sep. 12, 2021
Sep. 06, 2020
Sep. 12, 2021
Sep. 06, 2020
Cash flows from operating activities:        
Net income $ 120,402 $ 99,129 $ 354,782 $ 339,399
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 16,578 15,327 50,219 44,116
Loss on sale/disposal of assets 37 986 493 1,530
Amortization of debt issuance costs     5,770 3,853
Provision for deferred income taxes     4,831 3,681
Non-cash equity-based compensation expense 5,953 4,905 19,453 14,934
Excess tax benefits from equity-based compensation     (18,258) (56,862)
Provision for losses on accounts and notes receivable     532 1,536
Unrealized Gain (Loss) on Investments     (2,500)  
Changes in operating assets and liabilities     20,212 (14,146)
Changes in advertising fund assets and liabilities, restricted     49,067 32,358
Net cash provided by operating activities     484,601 370,399
Cash flows from investing activities:        
Capital expenditures     (50,652) (51,163)
Purchase of investments     (40,000) (40,000)
Other     306 94
Net cash used in investing activities     (90,346) (91,069)
Cash flows from financing activities:        
Proceeds from issuance of long-term debt     1,850,000 158,000
Repayments of long-term debt and finance lease obligations     (896,193) (190,843)
Proceeds from exercise of stock options     15,948 26,526
Purchases of common stock     (1,104,687) (79,590)
Tax payments for restricted stock upon vesting     (6,817) (6,584)
Payments of common stock dividends and equivalents     (71,218) (61,093)
Cash paid for financing costs     (14,938)  
Other     (244)  
Net cash used in financing activities     (228,149) (153,584)
Effect of exchange rate changes on cash     58 243
Change in cash and cash equivalents, restricted cash and cash equivalents     166,164 125,989
Cash and cash equivalents, beginning of period     168,821 [1] 190,615
Restricted cash and cash equivalents, beginning of period     217,453 [1] 209,269
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period     115,872 84,040
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period     502,146 483,924
Cash and cash equivalents, end of period 295,352 330,719 295,352 330,719
Restricted cash and cash equivalents, end of period 206,274 160,330 206,274 160,330
Cash and cash equivalents included in advertising fund assets, restricted, end of period 166,684 118,864 166,684 118,864
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period $ 668,310 $ 609,913 $ 668,310 $ 609,913
[1] The condensed consolidated balance sheet at January 3, 2021 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.