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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 29, 2016
Jun. 24, 2015
Jun. 25, 2014
Cash Flows from Operating Activities:      
Net income $ 200,745 $ 196,694 $ 154,039
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 156,368 145,242 136,081
Litigation reserves 0 0 39,500
Restructure charges and other impairments 17,445 5,636 8,533
Deferred income taxes 21,523 13,140 (23,041)
Net loss on disposal of assets 87 4,523 5,161
Stock-based compensation 15,159 14,802 16,074
Gain on equity investments (571) (368) (328)
Other 1,918 250 707
Changes in assets and liabilities:      
Accounts receivable (3,682) 1,932 (5,372)
Inventories 11 475 912
Prepaid expenses and other (13,130) 4,368 1,827
Intangibles and other assets 72 (2,140) (3,397)
Current income taxes 9,928 6,284 14,087
Accounts payable (5,783) 1,117 3,756
Accrued liabilities (10,013) (22,595) 14,617
Other liabilities 4,623 (749) (3,314)
Net cash provided by operating activities 394,700 368,611 359,842
Cash Flows from Investing Activities:      
Payments for property and equipment (112,788) (140,262) (161,066)
Proceeds from sale of assets 4,256 1,950 888
Payments for purchase of restaurants (105,577) 0 0
Net cash used in investing activities (214,109) (138,312) (160,178)
Cash Flows from Financing Activities:      
Borrowings on revolving credit facility 256,500 480,750 120,000
Purchases of treasury stock (284,905) (306,255) (239,597)
Payments on long-term debt (3,402) (189,177) (26,521)
Payments on revolving credit facility (110,000) (177,000) (40,000)
Payments of dividends (74,066) (70,832) (63,395)
Proceeds from issuances of treasury stock 6,147 16,259 29,295
Excess tax benefits from stock-based compensation 5,460 15,893 18,872
Payments for deferred financing costs 0 (2,501) 0
Net cash used in financing activities (204,266) (232,863) (201,346)
Net change in cash and cash equivalents (23,675) (2,564) (1,682)
Cash and cash equivalents at beginning of year 55,121 57,685 59,367
Cash and cash equivalents at end of year $ 31,446 $ 55,121 $ 57,685