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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 39,232 $ 41,993
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) 36,549 35,518
Amortization of cloud computing arrangements 4,167 3,542
Share-based compensation 5,572 5,853
Impairment of long-lived assets 1,421 2,006
Deferred income tax 306 603
Non-cash rental expense, net 10,350 10,974
Change in operating lease liabilities (12,131) (12,112)
Net receipt of deferred vendor incentives 11,178 8,584
System optimization losses, net 90 127
Distributions received from joint ventures, net of equity in earnings 717 430
Long-term debt-related activities, net 1,873 1,870
Cloud computing arrangements expenditures (2,417) (2,865)
Changes in operating assets and liabilities and other, net (11,492) 3,464
Net cash provided by operating activities 85,415 99,987
Cash flows from investing activities:    
Capital expenditures (17,679) (17,354)
Franchise development fund (5,813) (4,741)
Dispositions 55 26
Notes receivable, net 1,949 1,256
Net cash used in investing activities (21,488) (20,813)
Cash flows from financing activities:    
Proceeds from long-term debt 15,000 0
Repayments of long-term debt (15,813) (7,313)
Repayments of finance lease liabilities (5,238) (5,465)
Repurchases of common stock (122,784) (7,295)
Dividends (49,432) (51,374)
Proceeds from stock option exercises 273 932
Payments related to tax withholding for share-based compensation (1,326) (2,115)
Net cash used in financing activities (179,320) (72,630)
Net cash (used in) provided by operations before effect of exchange rate changes on cash (115,393) 6,544
Effect of exchange rate changes on cash 744 (2,274)
Net (decrease) increase in cash, cash equivalents and restricted cash (114,649) 4,270
Cash, cash equivalents and restricted cash at beginning of period 503,608 588,816
Cash, cash equivalents and restricted cash at end of period $ 388,959 $ 593,086