XML 23 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Oct. 01, 2023
Cash flows from operating activities:      
Net (loss) earnings $ (80,719) $ (36,695) $ 130,826
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation and amortization 58,314 59,776 62,287
Amortization of franchise tenant improvement allowances and incentives 6,699 4,998 4,647
Deferred finance cost amortization 4,759 4,830 5,040
Excess tax deficiency from share-based compensation arrangements 1,568 51 71
Deferred income taxes (57,705) (10,812) (11,989)
Share-based compensation expense 8,238 13,471 11,205
Pension and postretirement expense 5,814 6,843 6,967
Gains on cash surrender value of company-owned life insurance (9,122) (16,480) (7,346)
Gains on the sale of company-operated restaurants (3,243) (3,255) (17,998)
Gains on acquisition of restaurants (6) (2,702) 0
Losses (gains) on the disposition of property and equipment, net 2,161 185 (8,171)
Impairment charges and other 213,997 171,415 6,217
Changes in assets and liabilities, excluding acquisitions and dispositions:      
Accounts and other receivables (4,188) 19,905 (4,048)
Inventories (37) (25) 1,367
Prepaid expenses and other current assets (6,648) (297) (1,422)
Operating lease right-of-use assets and lease liabilities 2,750 22,705 2,364
Accounts payable (1,784) (15,404) (1,692)
Accrued liabilities 10,448 (135,159) 47,459
Pension and postretirement contributions (6,395) (5,937) (6,241)
Franchise tenant improvement allowance and incentive disbursements (7,683) (2,486) (3,265)
Other 25,140 (6,111) (1,272)
Cash flows provided by operating activities 162,358 68,816 215,006
Cash flows from investing activities:      
Purchases of property and equipment (88,223) (91,177) (59,994)
Purchases of assets intended for sale or leaseback (8,827) (24,297) (14,960)
Acquisition of franchise-operated restaurants (7,193) 0 0
Proceeds from the sale and leaseback of assets 0 1,728 3,673
Proceeds from the sale of company-operated restaurants 6,384 19,400 85,221
Proceeds from the sale of property and equipment 19,870 24,975 25,214
Other 3,303 0 3,065
Cash flows (used in) provided by investing activities (74,686) (69,371) 42,219
Cash flows from financing activities:      
Borrowings on revolving credit facilities 0 6,000 0
Repayments of borrowings on revolving credit facilities (6,000) 0 (50,000)
Principal repayments on debt (29,861) (29,892) (30,109)
Dividends paid on common stock (16,614) (33,972) (35,890)
Proceeds from issuance of common stock 2 2 263
Repurchases of common stock (4,996) (70,000) (90,029)
Payroll tax payments for equity award issuances (2,557) (3,323) (1,593)
Cash flows used in financing activities (60,026) (131,185) (207,358)
Net (decrease) increase in cash and restricted cash 27,646 (131,740) 49,867
Cash and restricted cash at beginning of year 54,167 185,907 136,040
Cash and restricted cash at end of year $ 81,813 $ 54,167 $ 185,907