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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2019
Dec. 30, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 400,709 $ 361,972 $ 277,905
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 59,930 53,665 44,369
Loss (gain) on sale/disposal of assets 2,023 (4,737) (3,148)
Amortization of debt issuance costs 4,748 8,033 10,976
(Benefit) provision for deferred income taxes (3,297) (872) 6,160
Non-cash compensation expense 20,265 22,792 20,713
Excess tax benefits from equity-based compensation (25,735) (23,786) (27,227)
Provision (benefit) for losses and accounts and notes receivable 1,195 899 (277)
Changes in operating assets and liabilities:      
Changes in accounts receivable (20,900) (18,172) (22,649)
Changes in inventories, prepaid expenses and other (6,741) (12,455) 1,527
Changes in accounts payable and accrued liabilities 66,137 10,010 22,267
Changes in insurance reserves 5,322 2,174 8,420
Changes in operating lease assets and liabilities 3,302    
Changes in advertising fund assets and liabilities, restricted (10,008) (5,352) 2,225
Net cash provided by operating activities 496,950 394,171 341,261
Cash flows from investing activities:      
Capital expenditures (85,565) (119,888) (90,011)
Proceeds from sale of assets 12,258 8,367 6,835
Maturities of advertising fund investments, restricted 50,152 94,007  
Purchases of advertising fund investments, restricted   (70,152)  
Purchases of franchise operations and other assets (3,423)    
Other (1,276) (591) (562)
Net cash used in investing activities (27,854) (88,257) (83,738)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 675,000 970,000 1,900,000
Repayments of long-term debt and finance lease obligations (92,085) (604,088) (928,193)
Proceeds from exercise of stock options 13,064 9,832 6,099
Purchases of common stock (699,007) (591,212) (1,064,253)
Tax payments for restricted stock upon vesting (5,951) (6,962) (9,449)
Payments of common stock dividends and equivalents (105,715) (92,166) (84,298)
Cash paid for financing costs (8,098) (8,207) (16,846)
Other     (205)
Net cash used in financing activities (222,792) (322,803) (197,145)
Effect of exchange rate changes on cash 201 (538) 66
Change in cash and cash equivalents, restricted cash and cash equivalents 246,505 (17,427) 60,444
Cash and cash equivalents, beginning of period 25,438 35,768 42,815
Restricted cash and cash equivalents, beginning of period 166,993 191,762 126,496
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period 44,988 27,316 25,091
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period 237,419 254,846 194,402
Cash and cash equivalents, end of period 190,615 25,438 35,768
Restricted cash and cash equivalents, end of period 209,269 166,993 191,762
Cash and cash equivalents included in advertising fund assets, restricted, end of period 84,040 44,988 27,316
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period $ 483,924 $ 237,419 $ 254,846