XML 29 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 28, 2011
Dec. 29, 2010
Dec. 30, 2009
Cash flows from operating activities:      
Net income $ 112,287 $ 22,713 $ 41,554
Adjustments to reconcile net income to cash flows provided by operating activities:      
Depreciation and amortization 27,979 29,637 32,343
Operating (gains), losses and other charges, net 2,102 (4,944) (14,483)
Amortization of deferred financing costs 1,374 1,045 1,077
Amortization of debt discount 547 160 0
Loss on early extinguishment of debt 2,589 4,755 109
Loss (gain) on interest rate swap 0 167 (2,241)
Deferred income tax expense 3,223 324 671
Reversal of tax valuation allowance (89,102) 0 0
Share-based compensation 4,219 2,840 4,671
Decrease (increase) in assets:      
Receivables 2,232 (1,713) (736)
Inventories 598 128 1,290
Other current assets (1,112) (634) (17)
Other assets 405 (2,534) (3,486)
Increase (decrease) in liabilities:      
Accounts payable 2,042 1,366 (1,366)
Accrued salaries and vacations 934 (5,983) (3,946)
Accrued taxes (620) (429) (893)
Other accrued liabilities (4,687) (4,108) (13,323)
Other noncurrent liabilities and deferred credits (5,501) (4,535) (7,963)
Net cash flows provided by operating activities 59,509 38,255 33,261
Cash flows from investing activities:      
Purchase of property (16,089) (27,381) (18,407)
Proceeds from disposition of property 8,598 18,680 40,658
Purchase of trademarks (1,553) 0 0
Collections on notes receivable, net 1,347 3,421 1,512
Net cash flows provided by (used in) investing activities (7,697) (5,280) 23,763
Cash flows from financing activities:      
Net borrowings under credit agreement 0 246,250 0
Long-term debt payments (46,253) (268,769) (50,452)
Debt transaction costs (839) (2,695) 0
Deferred financing costs (3,421) (5,342) 0
Purchase of treasury stock (21,569) (3,890) 0
Proceeds from exercise of stock options 4,850 4,027 107
Tax withholding on share-based payments (377) (455) (253)
Tax benefit of stock options exercised 670 0 0
Net bank overdrafts (207) 448 (943)
Net cash flows used in financing activities (67,146) (30,426) (51,541)
Increase (decrease) in cash and cash equivalents (15,334) 2,549 5,483
Cash and cash equivalents at:      
Beginning of year 29,074 26,525 21,042
End of year $ 13,740 $ 29,074 $ 26,525