XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 05, 2025
Oct. 06, 2024
Cash flows from operating activities:    
Net income $ 58,822 $ 51,700
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 55,254 45,380
Unrealized gain on convertible promissory note (429) 0
Equity-based compensation 11,780 9,943
Deferred income taxes 5,725 0
Impairment and asset disposal costs 3,917 3,795
Changes in operating assets and liabilities:    
Trade accounts receivable (2,831) (2,821)
Other accounts receivable (1,297) 1,506
Inventories (979) (1,698)
Prepaid expenses and other (6,151) (929)
Operating lease assets (53,766) (24,735)
Accounts payable 2,547 5,037
Accrued expenses and other 7,249 10,395
Operating lease liabilities 64,696 33,601
Net cash provided by operating activities 144,537 131,174
Cash flows from investing activities:    
Purchases of property and equipment (121,264) (80,389)
Purchases of debt securities (116,192) 0
Investment in convertible promissory note (5,000) 0
Proceeds from principal payments on debt securities 13,648 0
Net cash used in investing activities (228,808) (80,389)
Cash flows from financing activities:    
Tax withholding on equity-based compensation awards 0 (17,836)
Shares purchased under equity plans 2,721 1,828
Payments on finance lease obligations 0 (45)
Net cash provided by (used in) financing activities 2,721 (16,053)
Net change in cash and cash equivalents (81,550) 34,732
Cash and cash equivalents - beginning of year 366,120 332,428
Cash and cash equivalents - end of period 284,570 367,160
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 1,546 1,046
Change in accrued purchases of property and equipment $ 4,430 $ 1,272