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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 24, 2013
Sep. 25, 2012
Operating activities    
Net income $ 23,894 $ 14,372
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 40,396 41,654
Amortization of debt issuance costs 2,494 3,072
Deferred income taxes 965 2,545
Loss on debt extinguishment 0 5,144
Debt extinguishment penalty 0 (1,702)
Other 520 25
Changes in assets and liabilities, excluding the effect of acquisitions:    
Accounts receivable 5,742 2,840
Inventories (787) (37)
Prepaid expenses and other current assets (475) (1,415)
Accounts payable 5,205 4,764
Income taxes 1,865 (1,104)
Accrued interest (5,612) 5,369
Accrued liabilities 2,879 (3,816)
Accrued Transaction costs and interest 0 (16,086)
Insurance reserves 1,594 1,973
Other deferred items (1,067) (858)
Other assets (12) 94
Net cash provided by operating activities 77,601 56,834
Investing activities    
Capital expenditures (35,844) (28,504)
Purchase of the stock of the Company 0 (431,540)
Payments to Acquire Business Assets, Net of Cash 0 (19,371)
Purchase of Wendy’s business assets, net of cash acquired (21,505) 0
Proceeds from sale or disposition of assets 554 189
Net cash used in investing activities (56,795) (479,226)
Financing activities    
Borrowings under revolving credit facility 0 14,900
Payments under revolving credit facility 0 (14,900)
Repayments of Long-term Debt 0 (937)
Retirement of predecessor entity debt 0 (372,700)
Proceeds from equity contributions, net of costs of $18,735 0 216,635
Issuance of debt 0 565,000
Debt issue costs (89) (32,012)
Interest rate derivative 0 (636)
Sale Leaseback Transaction, Net Proceeds   1,006
Contingent Consideration Paid (2,847) 0
Net cash (used in) provided by financing activities (2,936) 376,356
Net change in cash and cash equivalents 17,870 (46,036)
Beginning cash and cash equivalents 25,493 78,394
Ending cash and cash equivalents 43,363 32,358
Supplemental disclosures of cash flow information:    
Net cash paid for interest 33,719 27,357
Net cash paid for income taxes $ 2,449 $ 2,243