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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 25, 2025
Jun. 26, 2024
Jun. 28, 2023
Cash flows from operating activities      
Net income $ 383.1 $ 155.3 $ 102.6
Adjustments to reconcile Net income to Net cash provided by operating activities:      
Depreciation and amortization 206.6 170.8 168.5
Deferred income taxes, net 12.6 (20.6) (30.9)
Non-cash other (gains) and charges 25.7 28.7 24.0
Stock-based compensation 31.4 25.9 14.4
Net loss on disposal of assets 11.7 3.5 2.7
Other 2.6 2.8 1.8
Changes in assets and liabilities:      
Accounts receivable, net (12.9) (0.6) 0.7
Inventories (1.3) (0.5) 0.0
Restaurant supplies (2.2) (1.0) (1.1)
Prepaid expenses (2.7) (12.3) (20.6)
Income taxes (0.5) 4.0 8.0
Operating lease assets, net of liabilities (2.6) (4.0) (2.8)
Other assets (0.3) (0.4) 0.0
Accounts payable (7.6) 30.8 (5.8)
Gift card liability (7.6) (8.2) (10.9)
Accrued payroll 25.7 24.7 (5.3)
Other accrued liabilities 12.2 21.7 10.0
Other liabilities 5.1 1.3 1.0
Net cash provided by operating activities 679.0 421.9 256.3
Cash flows from investing activities      
Payments for property and equipment (265.3) (198.9) (184.9)
Proceeds from note receivable 0.0 1.3 4.5
Proceeds from sale of assets 1.0 4.7 5.5
Insurance recoveries 0.9 0.7 0.7
Net cash used in investing activities (263.4) (192.2) (174.2)
Cash flows from financing activities      
Borrowings on revolving credit facility 885.0 389.0 765.0
Payments on revolving credit facility (885.0) (550.3) (875.0)
Payments on long-term debt (375.8) (20.1) (322.1)
Proceeds from issuance of long-term debt 0.0 0.0 350.0
Purchases of treasury stock (90.2) (25.8) (5.0)
Proceeds from issuance of treasury stock 8.3 27.9 12.5
Payments for debt issuance costs (3.6) (0.7) (5.3)
Payments of dividends 0.0 (0.2) (0.6)
Net cash used in financing activities (461.3) (180.2) (80.5)
Net change in cash and cash equivalents (45.7) 49.5 1.6
Cash and cash equivalents at beginning of period 64.6 15.1 13.5
Cash and cash equivalents at end of period 18.9 64.6 15.1
Supplemental disclosure of cash flow information:      
Income taxes paid, net 64.3 26.1 12.4
Interest paid, net of amounts capitalized 55.1 50.3 51.0
Accrued capital expenditures $ 31.7 $ 16.5 $ 11.3