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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2017
Jun. 25, 2016
Cash flows from operating activities:    
Net income $ 30,311 $ 35,393
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 42,160 36,987
Gain (loss) on disposition of fixed assets (1,034) 58
Gain on sale of marketable securities 0 (269)
Deferred income taxes 5,757 (4,775)
Changes in operating assets and liabilities:    
Inventories 9,706 5,601
Accounts receivable and prepaid expenses 21,429 19,745
Accounts payable and other liabilities (40,409) (25,187)
Income taxes 910 6,072
Other 490 729
Net cash provided by operating activities 69,320 74,354
Cash flows from investing activities:    
Purchase of property and equipment (40,334) (54,474)
Proceeds from the sale of property and equipment 2,106 146
Purchase of marketable securities (6,788) (1,284)
Proceeds from maturities of marketable securities 5,802 835
Proceeds from the sale of marketable securities 4,806 15,213
Purchase of intangible assets (1,267) (728)
Change in SERP investment (2,052) (1,264)
Net cash used in investing activities (37,727) (41,556)
Cash flows from financing activities:    
Payments on long-term debt (12,525) 0
Dividends paid (16,139) (16,139)
Net cash used in financing activities (28,664) (16,139)
Net increase in cash and cash equivalents 2,929 16,659
Cash and cash equivalents at beginning of year 14,653 17,596
Cash and cash equivalents at end of period $ 17,582 $ 34,255