XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jul. 06, 2025
Jul. 07, 2024
Cash flows from operating activities:    
Net earnings (loss) $ (86,515) $ (58,637)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 43,331 46,206
Amortization of franchise tenant improvement allowances and incentives 5,063 3,967
Deferred finance cost amortization 3,668 3,722
Excess tax deficiency from share-based compensation arrangements 1,483 5
Deferred income taxes (56,446) (10,314)
Share-based compensation expense 6,812 11,018
Pension and post-retirement expense 4,472 5,264
Gains on cash surrender value of company-owned life insurance (5,731) (11,776)
(Gains) losses on the sale of company-operated restaurants (2,630) 1,384
Gains on acquisition of restaurants (6) (2,357)
Losses on the disposition of property and equipment, net 1,983 1,675
Impairment charges 212,476 163,169
Changes in assets and liabilities:    
Accounts and other receivables (2,423) 17,385
Inventories 181 (262)
Prepaid expenses and other current assets (5,180) 4,141
Operating lease right-of-use assets and lease liabilities (13,560) 6,191
Accounts payable (10,513) (16,720)
Accrued liabilities 17,277 (114,100)
Pension and post-retirement contributions (5,370) (4,784)
Franchise tenant improvement allowance and incentive disbursements (5,706) (1,919)
Other 25,960 (3,995)
Cash flows provided by operating activities 128,626 39,263
Cash flows from investing activities:    
Purchases of property and equipment (70,293) (67,193)
Purchases of assets intended for sale or leaseback (8,827) (18,575)
Proceeds from the sale of property and equipment 15,108 10,899
Proceeds from the sale and leaseback of assets 0 4,413
Acquisition of franchise-operated restaurants (7,193) 0
Proceeds from the sale of company-operated restaurants 5,712 2,168
Other 3,303 0
Cash flows used in investing activities (62,190) (68,288)
Cash flows from financing activities:    
Repayments of borrowings on revolving credit facilities (6,000) 0
Principal repayments on debt (22,399) (22,288)
Dividends paid on common stock (16,614) (25,633)
Proceeds from issuance of common stock 2 2
Repurchases of common stock (4,999) (54,999)
Payroll tax payments for equity award issuances (2,482) (3,206)
Cash flows used in financing activities (52,492) (106,124)
Net increase (decrease) in cash and restricted cash 13,944 (135,149)
Cash and restricted cash at beginning of period 54,167 185,907
Cash and restricted cash at end of period $ 68,111 $ 50,758