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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 04, 2023
Mar. 29, 2022
Cash flows from operating activities:    
Net income $ 28,050 $ 23,163
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization expenses 22,955 21,505
Impairment of assets and lease termination expense (14) 149
Deferred income taxes 3,192 3,869
Stock-based compensation 5,902 5,518
Changes in assets and liabilities:    
Accounts and other receivables 38,013 34,287
Income taxes receivable/payable (118) (720)
Inventories (3,428) (3,839)
Prepaid expenses 14 2,707
Operating lease assets/liabilities (3,777) (2,852)
Other assets (3,592) 4,049
Accounts payable (4,543) 12,106
Gift card liabilities (27,902) (25,674)
Other accrued expenses 10,283 (40,756)
Cash provided by operating activities 65,035 33,512
Cash flows from investing activities:    
Additions to property and equipment (37,962) (29,093)
Additions to intangible assets (182) (139)
Other (18) 600
Cash used in investing activities (38,162) (28,632)
Cash flows from financing activities:    
Acquisition-related deferred consideration and compensation   (7,187)
Proceeds from exercise of stock options   83
Common stock dividends paid (13,182)  
Treasury stock purchases (12,376) (3,938)
Cash used in financing activities (25,558) (11,042)
Foreign currency translation adjustment 72 91
Net change in cash and cash equivalents 1,387 (6,071)
Cash and cash equivalents at beginning of period 114,777 189,627
Cash and cash equivalents at end of period 116,164 183,556
Supplemental disclosures:    
Interest paid 2,184 1,136
Income taxes paid 693 465
Construction payable $ 4,255 $ 8,806