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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Cash flows provided from (used for) operating activities:    
Net income $ (22,013) $ 8,297
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss on disposals of property and equipment 615 371
Stock-based compensation 4,515 4,501
Gain on bargain purchase 0 (230)
Gain on settlement agreement (1,913) 0
Impairment and other lease charges 1,777 3,354
Depreciation and amortization 53,613 43,426
Amortization of deferred financing costs 1,209 901
Amortization of bond premium and discount on debt (175) (679)
Amortization of deferred gains from sale-leaseback transactions 0 (1,186)
Deferred income taxes (10,052) 184
Change in refundable income taxes 176 0
Loss on extinguishment of debt - non-cash 129 0
Changes in other operating assets and liabilities 7,487 8,838
Net cash provided by operating activities 35,016 67,777
Cash flows used for investing activities:    
New restaurant development (37,259) (17,753)
Restaurant remodeling (37,826) (21,505)
Other restaurant capital expenditures (15,643) (12,328)
Corporate and restaurant information systems (6,670) (2,661)
Total capital expenditures (97,398) (54,247)
Acquisition of restaurants, net of cash acquired 131,545 27,595
Properties purchased for sale-leaseback 0 (2,123)
Proceeds from sale-leaseback transactions 7,018 4,504
Proceeds from insurance recoveries 123 642
Net cash used for investing activities (221,802) (78,819)
Cash flows provided by financing activities:    
Proceeds from issuance of Term Loan B Facility 422,875 0
Repayments of Term Loan B Facility (1,063) 0
Retirement of 8% Senior Secured Second Lien Notes, premium and fees (280,500) 0
Borrowings under prior revolving credit facility 0 4,500
Repayments under prior revolving credit facility 0 (4,500)
Borrowings under new revolving credit facility 312,500 0
Repayments under new revolving credit facility (253,000) 0
Proceeds from lease financing obligations 0 2,692
Payments on finance lease liabilities 1,555 1,345
Costs associated with financing long-term debt (11,516) (154)
Purchase of treasury shares (2,008) 0
Net cash provided by financing activities 185,733 1,193
Net increase (decrease) in cash and cash equivalents (1,053) (9,849)
Cash and cash equivalents, beginning of period 4,014 29,412
Cash and cash equivalents, end of period 2,961 19,563
Supplemental disclosures:    
Interest paid on long-term debt 22,159 11,952
Interest paid on lease financing obligations 78 78
Accruals for capital expenditures 13,156 3,589
Common stock issued for consideration in acquisition 145,333 0
Income taxes paid 193 (211)
Non-cash reduction of lease financing obligations 0 2,538
Lease assets obtained in exchange for new operating lease liabilities 49,119 0
Lease Assets and Liabilities Resulting From Lease Modifications 11,185 0
Finance lease obligations acquired or incurred $ 754 $ 24