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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2023
Mar. 29, 2022
Cash flows from operating activities:    
Net income including noncontrolling interests $ 88,604 $ 77,328
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 36,227 33,620
Deferred income taxes 2,988 2,630
Loss on disposition of assets 1,223 1,151
Impairment and closure costs   26
Equity income from investments in unconsolidated affiliates (755) (334)
Distributions of income received from investments in unconsolidated affiliates 170 332
Provision for doubtful accounts 28 12
Share-based compensation expense 8,154 9,120
Changes in operating working capital:    
Receivables 109,483 116,419
Inventories 1,612 1,820
Prepaid expenses and other current assets (3,224) 651
Other assets (2,265) 5,756
Accounts payable 10,418 6,275
Deferred revenue-gift cards (95,838) (80,009)
Accrued wages 11,609 15,118
Prepaid income taxes and income taxes payable 10,381 11,447
Accrued taxes and licenses 3,137 315
Other accrued liabilities 3,044 (10,676)
Operating lease right-of-use assets and lease liabilities 1,090 1,542
Other liabilities 2,895 (4,774)
Net cash provided by operating activities 188,981 187,769
Cash flows from investing activities:    
Capital expenditures-property and equipment (66,733) (49,029)
Acquisition of franchise restaurants, net of cash acquired (39,111) (26,437)
Proceeds from sale of investments in unconsolidated affiliates 472  
Proceeds from the sale of property and equipment   2,188
Proceeds from sale leaseback transaction 2,072  
Net cash used in investing activities (103,300) (73,278)
Cash flows from financing activities:    
Payments on revolving credit facility (50,000)  
Distributions to noncontrolling interest holders (1,950) (2,007)
Proceeds from restricted stock and other deposits, net 482 260
Indirect repurchase of shares for minimum tax withholdings (5,430) (6,166)
Repurchase of shares of common stock (9,623) (84,705)
Dividends paid to shareholders (36,878) (31,795)
Net cash used in financing activities (103,399) (124,413)
Net decrease in cash and cash equivalents (17,718) (9,922)
Cash and cash equivalents-beginning of period 173,861 335,645
Cash and cash equivalents-end of period 156,143 325,723
Supplemental disclosures of cash flow information:    
Interest paid, net of amounts capitalized 411 381
Income taxes paid (refunded) 965 (1,317)
Capital expenditures included in current liabilities $ 30,908 $ 25,006