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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Cash flows provided by operating activities:    
Net (loss) income $ (34,414) $ 65,649
Adjustments to reconcile Net (loss) income to cash provided by operating activities:    
Depreciation and amortization 48,268 49,482
Amortization of deferred discounts and issuance costs 634 634
Amortization of deferred gift card sales commissions 9,090 8,407
Provision for impaired assets and restaurant closings 41,318 3,586
Non-cash operating lease costs 19,253 17,814
Provision for expected credit losses and contingent lease liabilities 7,522 0
Inventory obsolescence and spoilage 5,291 0
Stock-based and other non-cash compensation expense 3,289 6,035
Deferred income tax benefit (10,940) (501)
Loss on sale of a business or subsidiary 0 167
Loss on disposal of property, fixtures and equipment 796 7
Other, net 1,655 (667)
Change in assets and liabilities (63,471) (66,730)
Net cash provided by operating activities 28,291 83,883
Cash flows used in investing activities:    
Capital expenditures (34,229) (44,710)
Other investments, net (569) 2,690
Net cash used in investing activities (34,798) (42,020)
Cash flows provided by (used in) financing activities:    
Repayments of long-term debt (6,657) (7,428)
Proceeds from borrowings on revolving credit facilities, net 505,000 148,200
Repayments of borrowings on revolving credit facilities (129,000) (152,300)
Payments of taxes from share-based compensation, net (2,508) (3,086)
Distributions to noncontrolling interests (310) (2,429)
Contributions from noncontrolling interests 53 264
Purchase of limited partnership and noncontrolling interests (57) 0
Payments for partner equity plan (5,701) (5,460)
Cash dividends paid on common stock (17,480) (9,140)
Redemption of subsidiary preferred stock (1,007) 0
Net cash provided by (used in) financing activities 342,333 (31,379)
Effect of exchange rate changes on cash and cash equivalents 424 459
Net decrease in cash, cash equivalents and restricted cash 336,250 10,943
Cash, cash equivalents and restricted cash as of the beginning of the period 67,145 71,823
Cash, cash equivalents and restricted cash as of the end of the period 403,395 82,766
Supplemental disclosures of cash flow information:    
Cash paid for interest 10,682 13,637
Cash paid for income taxes, net of refunds 5,408 4,255
Supplemental disclosures of non-cash investing and financing activities:    
Leased assets obtained in exchange for new operating lease liabilities 21,514 17,618
Leased assets obtained in exchange for new finance lease liabilities 473 76
Decrease in liabilities from the acquisition of property, fixtures and equipment $ (1,950) $ (6,066)