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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 64,137 $ 69,760
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 26,221 28,870
Non-cash closure and impairment charges 3,088 2,975
Non-cash stock-based compensation expense 8,167 12,128
Non-cash interest expense 2,714 2,210
Loss on extinguishment of debt 10 1,161
Deferred income taxes (3,582) (1,376)
Deferred revenue (2,590) (3,773)
Loss (gain) on disposition of assets 2,309 (3,032)
Other (1,577) (3,816)
Changes in operating assets and liabilities:    
Accounts receivable, net 6,354 (734)
Deferred rent receivable 6,792 5,951
Current income tax receivables and payables (186) 7,361
Gift card receivables and payables (13,588) (16,752)
Other current assets 6,358 (5,948)
Accounts payable (15,527) (6,855)
Operating lease assets and liabilities 2,438 (8,286)
Accrued employee compensation and benefits (4,447) (18,738)
Accrued advertising (9,750) 5,052
Other current liabilities 1,965 (2,668)
Cash flows provided by operating activities 79,306 63,490
Cash flows from investing activities:    
Principal receipts from notes, equipment contracts and other long-term receivables 6,686 13,502
Net additions to property and equipment (31,968) (19,495)
Proceeds from sale of property and equipment 0 3,908
Additions to long-term receivables (1,237) (1,069)
Other (113) (255)
Cash flows used in investing activities (26,632) (3,409)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 500,000 0
Repayment of long-term debt (651,713) 0
Borrowing from revolving credit facility 30,000 100,000
Repayment of revolving credit facility (30,000) 0
Payment of debt issuance costs (8,044) (6,286)
Dividends paid on common stock (31,740) (30,765)
Repurchase of common stock (20,017) (113,862)
Principal payments on finance lease and financing obligations (5,329) (7,001)
Proceeds from stock options exercised 3,812 241
Repurchase of restricted stock for tax payments upon vesting (4,139) (2,601)
Tax payments for share settlement of restricted stock units (859) (955)
Cash flows used in financing activities (218,029) (61,229)
Net change in cash, cash equivalents and restricted cash (165,355) (1,148)
Cash, cash equivalents and restricted cash at beginning of period 324,984 425,353
Cash, cash equivalents and restricted cash at end of period 159,629 424,205
Supplemental disclosures:    
Interest paid in cash 54,032 47,478
Income taxes paid in cash 25,774 20,832
Non-cash conversion of accounts receivable to notes receivable $ 969 $ 84