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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 27, 2017
Dec. 28, 2016
Cash Flows from Operating Activities:    
Net income $ 35,243 $ 57,870
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 76,175 78,191
Stock-based compensation 6,287 8,152
Deferred income taxes, net 10,514 (6,356)
Restructure charges and other impairments 14,457 8,000
Net loss (gain) on disposal of assets 1,294 (811)
Undistributed loss (earnings) on equity investments 330 (70)
Other 1,700 1,194
Changes in assets and liabilities:    
Accounts receivable, net (37,214) (38,518)
Inventories (532) (829)
Restaurant supplies (1,062) (1,014)
Prepaid expenses 2,012 1,357
Other assets (160) (273)
Accounts payable (4,322) (4,424)
Gift card liability 40,337 52,651
Accrued payroll (7,453) (7,553)
Other accrued liabilities 5,024 8,062
Current income taxes (20,448) (13,636)
Other liabilities (2,473) 831
Net cash provided by operating activities 119,709 142,824
Cash Flows from Investing Activities:    
Payments for property and equipment (48,559) (60,055)
Proceeds from sale of assets 325 3,022
Insurance recoveries 1,000 0
Proceeds from note receivable 480 0
Net cash used in investing activities (46,754) (57,033)
Cash Flows from Financing Activities:    
Borrowings on revolving credit facility 320,000 100,000
Payments on revolving credit facility (276,000) (138,000)
Purchases of treasury stock 71,792 349,994
Payments of dividends (35,445) (36,944)
Payments on long-term debt (5,091) (1,862)
Proceeds from issuances of treasury stock 1,042 3,837
Proceeds from issuance of long-term debt 0 350,000
Payments for debt issuance costs 0 (10,216)
Net cash used in financing activities (67,286) (83,179)
Net change in cash and cash equivalents 5,669 2,612
Cash and cash equivalents at beginning of period 9,064 31,446
Cash and cash equivalents at end of period $ 14,733 $ 34,058