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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 27, 2024
Mar. 29, 2023
Cash flows from operating activities    
Net income $ 98.0 $ 48.4
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 125.8 126.2
Stock-based compensation 16.5 10.3
Deferred income taxes, net (12.9) (18.9)
Non-cash other (gains) and charges 10.1 12.2
Net loss on disposal of assets 3.2 2.9
Other 2.1 1.3
Changes in assets and liabilities:    
Accounts receivable, net 11.6 (10.0)
Inventories 1.5 0.5
Restaurant supplies (0.4) (0.7)
Prepaid expenses (9.0) (11.8)
Income taxes 2.5 9.2
Operating lease assets, net of liabilities (2.9) (2.2)
Other assets (0.4) (0.1)
Accounts payable 26.7 30.2
Gift card liability (7.0) (4.9)
Accrued payroll 5.4 (9.5)
Other accrued liabilities 7.8 14.6
Other liabilities 1.8 3.1
Net cash provided by operating activities 280.4 200.8
Cash flows from investing activities    
Payments for property and equipment (140.9) (136.6)
Proceeds from note receivable 1.3 3.3
Proceeds from sale of assets 0.9 0.0
Insurance recoveries 0.7 0.0
Net cash used in investing activities (138.0) (133.3)
Cash flows from financing activities    
Borrowings on revolving credit facility 304.0 375.0
Payments on revolving credit facility (414.0) (425.0)
Purchases of treasury stock (25.6) (2.2)
Payments on long-term debt (14.4) (16.7)
Payments for debt issuance costs (0.7) 0.0
Proceeds from issuance of treasury stock 8.9 2.1
Payments of dividends (0.2) (0.4)
Net cash used in financing activities (142.0) (67.2)
Net change in cash and cash equivalents 0.4 0.3
Cash and cash equivalents at beginning of period 15.1 13.5
Cash and cash equivalents at end of period 15.5 13.8
Supplemental disclosure of cash flow information:    
Income taxes paid, net 19.2 7.7
Interest paid, net of amounts capitalized 38.7 30.0
Accrued capital expenditures $ 10.5 $ 13.5