XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 30, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income including noncontrolling interests $ 66,430 $ 17,152
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,869 29,054
Deferred income taxes 1,025 433
Loss on disposition of assets 324 1,446
Impairment and closure costs 494 624
Equity loss from investments in unconsolidated affiliates 217 508
Distributions of income received from investments in unconsolidated affiliates 122 184
Provision for doubtful accounts 9 60
Share-based compensation expense 9,908 7,247
Changes in operating working capital:    
Receivables 60,791 74,504
Inventories (998) (54)
Prepaid expenses and other current assets 874 (1,249)
Other assets (2,786) 7,573
Accounts payable 19,937 (22,214)
Deferred revenue-gift cards (50,454) (56,997)
Accrued wages and payroll taxes 17,896 (14,087)
Prepaid income taxes and income taxes payable 11,055 (2,414)
Accrued taxes and licenses 7,559 (10,995)
Other accrued liabilities (643) (3,023)
Operating lease right-of-use assets and lease liabilities 1,520 1,365
Other liabilities 3,864 (7,401)
Net cash provided by operating activities 178,013 21,716
Cash flows from investing activities:    
Capital expenditures-property and equipment (38,666) (46,672)
Proceeds from sale leaseback transactions 2,192 2,167
Net cash used in investing activities (36,474) (44,505)
Cash flows from financing activities:    
Proceeds from revolving credit facility   190,000
Distributions to noncontrolling interest holders (1,429) (1,847)
Proceeds from restricted stock and other deposits, net 311 304
Indirect repurchase of shares for minimum tax withholdings (7,930) (5,331)
Repurchase of shares of common stock   (12,621)
Dividends paid to shareholders   (24,989)
Net cash (used in) provided by financing activities (9,048) 145,516
Net increase in cash and cash equivalents 132,491 122,727
Cash and cash equivalents-beginning of period 363,155 107,879
Cash and cash equivalents-end of period 495,646 230,606
Supplemental disclosures of cash flow information:    
Interest paid, net of amounts capitalized 1,195 186
Income taxes paid 740 51
Capital expenditures included in current liabilities $ 14,519 $ 13,545