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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 19,531 $ 41,388
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 24,106 30,854
Amortization of debt costs 9,025 6,602
Stock-based compensation 3,474 2,709
Long-lived asset impairments 0 19,356
Gains on refranchising (208) (124)
Loss on debt refinancing 16,740 0
Third-party fees associated with refinancing (16,322) 0
Changes in assets and liabilities:    
Decrease in receivables 2,112 13,227
(Increase) decrease in inventory (9,201) 15,039
Increase in prepaid and other current assets (3,175) (1,917)
Increase (decrease) in accounts payable 6,751 (38,607)
Decrease in deferred revenue and accrued liabilities (1,017) (16,086)
Other operating activities (2,674) 409
Net cash provided by operating activities 49,142 72,850
Cash flows from investing activities:    
Capital expenditures (8,333) (20,397)
Refranchising proceeds 1,175 2,160
Store acquisition costs (118) (432)
Net cash used in investing activities (7,276) (18,669)
Cash flows from financing activities:    
Borrowings under revolving credit facility 104,000 151,000
Payments on revolving credit facility (104,000) (147,000)
Original Issuance Discount and revolving credit facility fees (35,235) 0
Deferred fees associated with pending equity transaction (3,014) 0
Minimum tax withholding requirements (226) (247)
Net cash used in financing activities (62,150) (37,100)
Effect of exchange rate changes on cash and cash equivalents (364) 454
Net (decrease) increase in cash and cash equivalents (20,648) 17,535
Beginning balance, cash and cash equivalents 64,001 34,464
Ending balance, cash and cash equivalents 43,353 51,999
Non-cash investing activities:    
Capital expenditures in current liabilities 1,120 2,141
Non-cash financing activities:    
Original issuance discount 13,231 0
Tranche B-1    
Cash flows from financing activities:    
Payments on term loan facility (2,275) (40,853)
Tranche B-2    
Cash flows from financing activities:    
Payments on term loan facility $ (21,400) $ 0