Supplemental Cash Flow Information

3 Months Ended

Apr. 03, 2022

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information

The following table includes supplemental non-cash investing and financing activities:

	Three Months Ended
	April 3, 2022		April 4, 2021
Supplemental non-cash investing and financing activities:
Capital expenditures included in accounts payable	$	6,522	$	5,461
Finance leases	7,207		5,539

The following table includes a reconciliation of cash, cash equivalents and restricted cash:

	April 3, 2022		January 2, 2022
Reconciliation of cash, cash equivalents and restricted cash at end of period:
Cash and cash equivalents	$	741,216	$	249,438
Restricted cash	32,627		27,535
Restricted cash, included in Advertising funds restricted assets	54,165		89,993
Total cash, cash equivalents and restricted cash	$	828,008	$	366,966

Franchise Development Fund

In August 2021, the Company announced the creation of a $100,000 strategic build to suit development fund to drive additional new restaurant growth. The Company expects the development fund to drive approximately 80 to 90 new franchise restaurants from 2022 to 2025. Capital expenditures related to the fund are included in “Franchise development fund” in the condensed consolidated statements of cash flows.