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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 25, 2023
Cash flows provided by operating activities:    
Net (loss) income $ (52,659) $ 163,430
Adjustments to reconcile Net (loss) income to cash provided by operating activities:    
Depreciation and amortization 98,807 93,867
Amortization of debt discounts and issuance costs 1,353 1,532
Amortization of deferred gift card sales commissions 12,661 13,180
Provision for impaired assets and restaurant closings 27,134 5,151
Non-cash operating lease costs 43,566 42,884
Stock-based compensation expense 2,931 8,042
Deferred income tax benefit (6,293) (1,164)
Loss on extinguishment of debt 135,797 0
Other, net (2,060) (3,515)
Change in assets and liabilities (145,045) (36,114)
Net cash provided by operating activities 116,192 287,293
Cash flows used in investing activities:    
Capital expenditures (131,504) (142,153)
Other investments, net 286 1,502
Net cash used in investing activities (131,218) (140,651)
Cash flows provided by (used in) financing activities:    
Proceeds from borrowings on revolving credit facilities 860,000 448,000
Repayments of borrowings on revolving credit facilities (556,000) (513,000)
Repayments of finance lease obligations (1,399) (816)
Principal settlements and repurchase of convertible senior notes (2,335) (214)
Proceeds from retirement of convertible senior note hedges 118,197 0
Payments for retirement of warrants (102,213) 0
(Payment of taxes) proceeds from share-based compensation, net (1,719) 4,793
Distributions to noncontrolling interests (3,474) (4,640)
Contributions from noncontrolling interests 668 1,202
Purchase of noncontrolling interests (100) (100)
Repurchase of common stock (247,500) (36,435)
Cash dividends paid on common stock (41,837) (42,004)
Net cash provided by (used in) financing activities 22,288 (143,214)
Effect of exchange rate changes on cash and cash equivalents (3,716) 631
Net increase in cash, cash equivalents and restricted cash 3,546 4,059
Cash, cash equivalents and restricted cash as of the beginning of the period 114,373 84,735
Cash, cash equivalents and restricted cash as of the end of the period 117,919 88,794
Supplemental disclosures of cash flow information:    
Cash paid for interest 29,812 16,951
Cash paid for income taxes, net of refunds 14,913 15,356
Supplemental disclosures of non-cash investing and financing activities:    
Leased assets obtained in exchange for new operating lease liabilities 47,846 30,249
Leased assets obtained in exchange for new finance lease liabilities 7 5,367
(Decrease) increase in liabilities from the acquisition of property, fixtures and equipment (258) 7,522
Shares issued on settlement of convertible senior notes 216,152 0
Shares received and retired on exercise of call option under bond hedge upon settlement of convertible senior notes $ (8,346) $ 0