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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2023
Sep. 27, 2022
Cash flows from operating activities:    
Net income including noncontrolling interests $ 238,653 $ 215,828
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,764 101,775
Deferred income taxes 2,707 5,246
Loss on disposition of assets 4,315 3,635
Impairment and closure costs 41 772
Equity income from investments in unconsolidated affiliates (1,181) (1,069)
Distributions of income received from investments in unconsolidated affiliates 493 817
Provision for doubtful accounts 4 36
Share-based compensation expense 25,266 28,192
Changes in operating working capital, net of acquisitions:    
Receivables 102,068 123,551
Inventories 1,835 (990)
Prepaid expenses and other current assets 5,821 2,831
Other assets (12,680) 10,313
Accounts payable 14,188 1,941
Deferred revenue-gift cards (135,251) (119,338)
Accrued wages 13,469 21,130
Prepaid income taxes and income taxes payable 2,443 10,886
Accrued taxes and licenses 7,041 4,016
Other accrued liabilities (10,117) (8,916)
Operating lease right-of-use assets and lease liabilities 4,702 3,950
Other liabilities 14,158 (9,549)
Net cash provided by operating activities 390,739 395,057
Cash flows from investing activities:    
Capital expenditures-property and equipment (243,895) (174,194)
Acquisition of franchise restaurants, net of cash acquired (39,153) (33,069)
Proceeds from sale of investments in unconsolidated affiliates 632 316
Proceeds from the sale of property and equipment 1,800 2,262
Proceeds from sale leaseback transactions 7,097 9,078
Net cash used in investing activities (273,519) (195,607)
Cash flows from financing activities:    
Payments on revolving credit facility (50,000) (25,000)
Distributions to noncontrolling interest holders (6,021) (5,841)
Acquisition of noncontrolling interest 0 (1,735)
Proceeds from restricted stock and other deposits, net 485 91
Indirect repurchase of shares for minimum tax withholdings (10,599) (11,108)
Repurchase of shares of common stock (45,193) (212,859)
Dividends paid to shareholders (110,429) (93,328)
Net cash used in financing activities (221,757) (349,780)
Net decrease in cash and cash equivalents (104,537) (150,330)
Cash and cash equivalents-beginning of period 173,861 335,645
Cash and cash equivalents-end of period 69,324 185,315
Supplemental disclosures of cash flow information:    
Interest paid, net of amounts capitalized 877 1,091
Income taxes paid 30,323 19,591
Capital expenditures included in current liabilities $ 51,556 $ 32,468