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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2024
Jan. 03, 2023
Dec. 28, 2021
Cash flows from operating activities:      
Net income $ 101,351 $ 43,123 $ 72,373
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization expenses 93,136 92,380 89,654
Impairment of assets and lease termination expenses 26,998 31,327 17,937
Deferred income taxes (15,715) (18,646) (20,849)
Stock-based compensation 25,781 24,426 22,988
Changes in assets and liabilities:      
Accounts and other receivables (98) (12,266) (24,816)
Income taxes receivable/payable 852 14,651 715
Inventories (2,092) (12,725) (3,478)
Prepaid expenses (14,694) (11,960) (1,137)
Operating lease assets/liabilities (27,113) (18,404) (4,106)
Other assets (14,504) 13,739 (9,227)
Accounts payable 3,971 17,586 (3,678)
Gift card liabilities 3,104 8,634 26,527
Other accrued expenses 37,424 (9,939) 50,103
Cash provided by operating activities 218,401 161,926 213,006
Cash flows from investing activities:      
Additions to property and equipment (151,565) (112,464) (66,943)
Additions to intangible assets (1,658) (680) (606)
Other (274) 329 (1,061)
Cash used in investing activities (153,497) (112,815) (68,610)
Cash flows from financing activities:      
Acquisition-related deferred consideration and compensation (24,243) (18,316) (17,000)
Borrowings on credit facility 15,000 130,000  
Repayments on credit facility (15,000) (130,000) (150,000)
Convertible debt issuance     345,000
Convertible debt direct and incremental costs     (10,074)
Series A preferred stock cash-settled conversion     (443,751)
Series A preferred stock conversion direct and incremental costs     (74)
Series A preferred stock dividend paid     (18,661)
Common stock issuance     175,000
Common stock issuance direct and incremental costs     (7,950)
Proceeds from exercise of stock options   84 24,786
Common stock dividends paid (53,207) (42,272) (337)
Treasury stock purchases (46,085) (63,132) (5,766)
Cash used in financing activities (123,535) (123,636) (108,827)
Foreign currency translation adjustment 144 (325) (27)
Net change in cash and cash equivalents (58,487) (74,850) 35,542
Cash and cash equivalents at beginning of period 114,777 189,627 154,085
Cash and cash equivalents at end of period 56,290 114,777 189,627
Supplemental disclosures:      
Interest paid 9,764 7,233 9,586
Income taxes paid 14,473 14,688 13,031
Construction payable $ 16,815 $ 9,346 $ 4,343