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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2021
Dec. 29, 2019
Dec. 30, 2018
Cash flows from operating activities:      
Net income $ 117,832 $ 136,940 $ 460,115
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 132,775 131,693 128,879
Share-based compensation 18,930 18,676 17,918
Impairment of long-lived assets 8,037 6,999 4,697
Deferred income tax 10,266 837 (6,568)
Non-cash rental expense (income), net 28,937 28,202 (17,043)
Change in operating lease liabilities (40,905) (41,911) 0
Net receipt (recognition) of deferred vendor incentives 2,495 (501) 139
System optimization gains, net (3,148) (1,283) (463)
Gain on sale of investments, net 0 (24,496) (450,000)
Distributions received from TimWen joint venture 8,376 13,400 13,390
Equity in earnings in joint ventures, net (6,096) (8,673) (8,076)
Long-term debt-related activities, net (see below) 6,723 15,317 18,673
Other, net (6,438) (4,838) 5,178
Changes in operating assets and liabilities:      
Accounts and notes receivable, net (16,243) 16,935 13,226
Inventories (841) (163) (434)
Prepaid expenses and other current assets (8,780) (1,569) 6,824
Advertising funds restricted assets and liabilities 49,052 (2,720) 13,955
Accounts payable 1,620 1,054 (145)
Accrued expenses and other current liabilities (18,231) 5,034 23,963
Net cash provided by operating activities 284,361 288,933 224,228
Cash flows from investing activities:      
Capital expenditures (68,969) (74,453) (69,857)
Acquisitions (4,879) (5,052) (21,401)
Dispositions 6,091 3,448 3,223
Proceeds from sale of investments 169 24,496 450,000
Notes receivable, net (662) (3,370) 959
Payments for investments 0 0 13
Net cash (used in) provided by investing activities (68,250) (54,931) 362,911
Cash flows from financing activities:      
Proceeds from long-term debt 153,315 850,000 934,837
Repayments of long-term debt (191,462) (899,800) (894,501)
Repayments of finance lease liabilities (8,383) (6,835)  
Repayments of finance lease liabilities     (5,571)
Deferred financing costs (2,122) (14,008) (17,340)
Repurchases of common stock, including accelerated share repurchase (62,173) (217,797) (269,809)
Dividends (64,866) (96,364) (80,532)
Proceeds from stock option exercises 23,361 28,328 45,228
Payments related to tax withholding for share-based compensation (5,577) (8,820) (11,805)
Contingent consideration payment 0 0 (6,269)
Net cash used in financing activities (157,907) (365,296) (305,762)
Net cash provided by (used in) operations before effect of exchange rate changes on cash 58,204 (131,294) 281,377
Effect of exchange rate changes on cash 1,330 3,489 (7,689)
Net increase (decrease) in cash, cash equivalents and restricted cash 59,534 (127,805) 273,688
Cash, cash equivalents and restricted cash at beginning of period 358,707 486,512 212,824
Cash, cash equivalents and restricted cash at end of period 418,241 358,707 486,512
Long-term debt-related activities, net:      
Loss on early extinguishment of debt 0 8,496 11,475
Accretion of long-term debt 1,161 1,272 1,255
Amortization of deferred financing costs 5,562 5,549 5,943
Long-term debt-related activities, net: 6,723 15,317 18,673
Cash paid for:      
Interest 136,228 138,270 137,607
Income taxes, net of refunds 16,202 34,798 102,827
Supplemental non-cash investing and financing activities:      
Capital expenditures included in accounts payable 3,673 6,026 6,460
Finance leases 34,918 50,061  
Finance leases     6,569
Reconciliation of cash, cash equivalents and restricted cash at end of period:      
Total cash, cash equivalents and restricted cash $ 418,241 $ 486,512 $ 486,512