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v3.3.1.900

Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 26, 2015 | Dec. 27, 2014 | Dec. 28, 2013
Cash flows from operating activities: |  |  |
Net income | $ 59,330 | $ 54,381 | $ 73,186
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Depreciation | 61,834 | 59,004 | 51,068
Amortization | 8,280 | 7,865 | 7,207
Gain on disposition of fixed assets | (54) | (2,630) | (2,033)
Impairment of fixed assets | 0 | 0 | 2,088
Gain on sale of marketable securities | (27) | (63) | (1,775)
Gain on sale of intangible assets | 0 | 0 | (780)
Deferred income taxes | (212) | 3,235 | 11,402
Changes in operating assets and liabilities: |  |  |
Inventories | 10,242 | 811 | 4,791
Accounts receivable and prepaid expenses | (17,127) | (13,588) | (10,512)
Income taxes recoverable | (1,054) | (612) | 0
Accounts payable and other liabilities | 14,403 | 17,230 | 7,056
Income taxes payable | 0 | (1,628) | 269
Other | 1,118 | (895) | 665
Net cash provided by operating activities | 136,733 | 123,110 | 142,632
Cash flows from investing activities: |  |  |
Purchase of property and equipment | (90,210) | (79,177) | (128,055)
Proceeds from the sale of property and equipment | 1,929 | 3,614 | 4,451
Purchase of marketable securities | (31,329) | (20,118) | (12,635)
Proceeds from maturities of marketable securities | 3,201 | 4,050 | 1,150
Proceeds from the sale of marketable securities | 9,171 | 7,668 | 30,170
Purchase of intangible assets | (2,649) | (1,479) | (937)
Proceeds from the sale of intangible assets | 0 | 0 | 780
Change in SERP investment | 42 | (369) | (1,694)
Net cash used in investing activities | (109,845) | (85,811) | (106,770)
Cash flows from financing activities: |  |  |
Dividends paid | (32,278) | (32,278) | (32,278)
Net cash used in financing activities | (32,278) | (32,278) | (32,278)
Net (decrease) increase in cash and cash equivalents | (5,390) | 5,021 | 3,584
Cash and cash equivalents at beginning of year | 22,986 | 17,965 | 14,381
Cash and cash equivalents at end of year | $ 17,596 | $ 22,986 | $ 17,965

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- Definition The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26853-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 + Details
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- Definition The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26853-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585 + Details
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- Definition The cash inflow from disposal of asset without physical form usually arising from contractual or other legal rights, excluding goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 + Details
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- Definition The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 + Details
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- Definition The net cash inflow (outflow) during the period for investments in level 1 mutual funds related to a non-qualified supplemental executive retirement plan and a non-qualified pharmacist deferred compensation plan for certain of its associates. + References No definition available. + Details
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- Definition The net change during the reporting period of the sum of amounts due within one year (or one business cycle) from customers for the credit sale of goods and services. Also includes the net change during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. + References No definition available. + Details
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