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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Statement of Cash Flows [Abstract]    
Net (loss) income $ (731,813) $ 15,775
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 129,256 107,628
Goodwill impairment 850,970 0
Trade name impairment 0 125,450
Equity-based compensation expense 9,730 12,159
Loss on foreign denominated transactions 3,706 30,490
Gain on foreign currency derivatives (3,704) (2,981)
Loss (gain) on sale and disposal of businesses, fixed assets, and sale-leaseback transactions 1,730 (12,183)
Reclassification of interest rate hedge to income (1,358) 0
Bad debt expense 1,244 1,011
Asset impairment costs 117,450 2,910
Amortization of deferred financing costs and bond discounts 6,287 6,807
Benefit for deferred income taxes (134,266) (38,216)
Other, net 24,432 15,620
Changes in assets and liabilities, net of acquisitions:    
Accounts and notes receivable, net 2,464 (40,296)
Inventory (12,531) (17,898)
Prepaid and other assets (3,909) 850
Advertising fund assets and liabilities, restricted (10,923) (4,612)
Other Assets (29,210) (3,767)
Deferred commissions 658 917
Deferred revenue 1,961 2,222
Accounts payable 24,913 (12,321)
Accrued expenses and other liabilities (29,442) (59,844)
Income tax receivable (5,612) 37,931
Cash provided by operating activities 212,033 167,652
Cash flows from investing activities:    
Capital expenditures (482,633) (276,222)
Cash used in business acquisitions, net of cash acquired (53,641) (652,085)
Proceeds from sale-leaseback transactions 172,230 150,112
Proceeds from sale or disposal of businesses and fixed assets 2,837 6,427
Cash used in investing activities (361,207) (771,768)
Cash flows from financing activities:    
Repayment of long-term debt (20,969) (15,772)
Proceeds from revolving lines of credit and short-term debt 335,000 300,000
Repayments of revolving lines of credit and short-term debt (120,000) 0
Repayment of principal portion of finance lease liability (2,020) (2,229)
Share repurchases (49,956) 0
Stock option exercises 6,117 651
Other, net (322) (70)
Cash provided by financing activities 147,850 282,580
Effect of exchange rate changes on cash 365 (7,705)
Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted (959) (329,241)
Cash and cash equivalents, beginning of period 227,110 523,414
Cash included in advertising fund assets, restricted, beginning of period 32,871 38,586
Restricted cash, beginning of period 792 792
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period 260,773 562,792
Cash and cash equivalents, end of period 211,280 190,373
Cash included in advertising fund assets, restricted, end of period 47,877 42,386
Restricted cash, end of period 657 792
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period 259,814 233,551
Supplemental cash flow disclosures - non-cash items:    
Capital expenditures included in accrued expenses and other liabilities 24,855 8,539
Deferred consideration included in accrued expenses and other liabilities 9,275 32,179
Supplemental cash flow disclosures - cash paid for:    
Interest 120,261 78,572
Income taxes $ 18,586 $ 9,184