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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 29, 2017
Mar. 23, 2016
Cash Flows from Operating Activities:    
Net income $ 100,239 $ 138,403
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 117,526 117,335
Stock-based compensation 13,237 12,095
Deferred income taxes, net (8,684) 36,535
Restructure charges and other impairments 8,837 5,937
Net gain on disposal of assets (628) (633)
Undistributed earnings on equity investments (82) (522)
Other 2,082 1,390
Changes in assets and liabilities:    
Accounts receivable, net 11,078 4,713
Inventories (1,386) 785
Restaurant supplies (1,338) (1,030)
Prepaid expenses 4,580 2,197
Intangibles (54) (294)
Other assets (286) (272)
Accounts payable (7,487) (6,560)
Gift card liability 9,109 12,802
Accrued payroll 4,592 (14,945)
Other accrued liabilities 9,269 4,682
Current income taxes (16,644) (14,182)
Other liabilities (338) 1,145
Net cash provided by operating activities 243,622 299,581
Cash Flows from Investing Activities:    
Payments for property and equipment (79,730) (76,090)
Proceeds from sale of assets 3,077 4,256
Payment for business acquisition, net of cash acquired 0 (105,577)
Net cash used in investing activities (76,653) (177,411)
Cash Flows from Financing Activities:    
Proceeds from issuance of long-term debt 350,000 0
Purchases of treasury stock (350,768) (266,157)
Payments on revolving credit facility (328,000) (50,000)
Borrowings on revolving credit facility 200,000 256,500
Payments of dividends (54,087) (56,192)
Payments for debt issuance costs (10,216) 0
Proceeds from issuances of treasury stock 4,505 4,725
Payments on long-term debt (2,847) (2,547)
Excess tax benefits from stock-based compensation 2,041 5,365
Net cash used in financing activities (189,372) (108,306)
Net change in cash and cash equivalents (22,403) 13,864
Cash and cash equivalents at beginning of period 31,446 55,121
Cash and cash equivalents at end of period $ 9,043 $ 68,985