XML 58 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Successor
Dec. 25, 2012
Successor
Dec. 27, 2011
Predecessor
Operating activities      
Net income $ 29,742 $ 15,020 $ 4,706
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 55,560 56,309 45,049
Amortization of debt issuance costs 3,458 4,057 2,537
Deferred income taxes 2,715 2,796 (8,421)
Loss on debt extinguishment 0 14,227 0
Debt extinguishment penalty 0 (3,686) 0
Stock based compensation 0 0 13,225
Other 870 (307) 1,026
Changes in assets and liabilities, excluding the effect of acquisitions:      
Accounts receivable 2,180 (2,602) (3,464)
Inventories (330) 182 (208)
Prepaid expenses and other current assets (1,691) (926) 350
Accounts payable 7,125 (1,421) 1,909
Income taxes 2,972 (1,813) 2,127
Accrued interest (915) 10,556 (1,264)
Accrued liabilities (2,743) (7,750) 11,510
Accrued predecessor transaction costs and interest (176) (16,087) 12,995
Insurance reserves 482 2,465 1,296
Other deferred items (1,463) (679) 1,791
Other assets (22) 77 1,037
Net cash provided by operating activities 97,764 70,418 86,201
Investing activities      
Capital expenditures (51,031) (40,464) (23,775)
Purchase of the stock of the Company 0 (431,540) 0
Purchase of business assets, net of cash acquired (55,922) (19,371) 0
Proceeds from disposition of assets 545 240 993
Net cash used in investing activities (106,408) (491,135) (22,782)
Financing activities      
Borrowings under revolving credit facility 7,000 14,900 0
Payments under revolving credit facility 0 (14,900) 0
Payments on term bank facilities 0 (6,875) (29,670)
Retirement of predecessor entity debt 0 (372,700) 0
Proceeds from equity contributions, net of costs of $18,735 0 216,635 0
Issuance of debt 0 565,000 0
Debt issue costs (967) (34,614) 0
Interest rate derivative 0 (636) 0
Accrued purchase price due to sellers (2,847) 0 0
Proceeds from sale-leaseback transactions 0 1,006 486
Net cash provided by (used in) financing activities 3,186 367,816 (29,184)
Net change in cash and cash equivalents (5,458) (52,901) 34,235
Beginning cash and cash equivalents 25,493 78,394 44,159
Ending cash and cash equivalents 20,035 25,493 78,394
Supplemental disclosures of cash flow information:      
Net cash paid for interest 39,315 32,078 23,928
Net cash paid for income taxes $ 3,111 $ 1,981 $ 2,237