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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Cash flows provided by (used in) operating activities:    
Net income (loss) $ 28,436 $ (56,442)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
(Gain) loss on disposals of property and equipment, including sale-leaseback transactions (1,936) 1,375
Stock-based compensation 3,969 3,817
Impairment and other lease charges (Note 4) 5,680 19,868
Depreciation and amortization 55,568 58,897
Amortization of deferred financing costs 1,625 1,625
Amortization of discount on debt 98 95
Deferred income taxes 5,098 (14,842)
Changes in other operating assets and liabilities 5,174 (16,535)
Net cash provided by (used in) operating activities 103,712 (2,142)
Cash flows used for investing activities:    
New restaurant development (4,044) (7,220)
Restaurant remodeling (8,295) (7,251)
Other restaurant capital expenditures (15,746) (12,325)
Corporate and restaurant information systems (4,437) (2,948)
Total capital expenditures (32,522) (29,744)
Proceeds from sale of other assets 0 864
Properties purchased for sale-leaseback (1,790) (3,996)
Proceeds from sale-leaseback transactions 1,321 4,052
Proceeds from insurance recoveries 2,220 58
Net cash used for investing activities (30,771) (28,766)
Cash flows (used in) provided by financing activities:    
Principal payments on Term B Loans (3,188) (3,188)
Borrowings under revolving credit facility 11,000 91,500
Repayments under revolving credit facility (23,500) (81,500)
Principal payments on finance lease liabilities (2,302) (1,818)
Purchase of treasury shares (295) 0
Net cash (used in) provided by financing activities (18,285) 4,994
Net increase (decrease) in cash and cash equivalents 54,656 (25,914)
Cash and cash equivalents, beginning of period 18,364 29,151
Cash and cash equivalents, end of period 73,020 3,237
Supplemental disclosures:    
Interest paid on long-term debt 26,585 25,210
Interest paid on lease financing obligations 0 77
Interest on lease liabilities 585 505
Accruals for capital expenditures 2,306 1,916
Finance lease obligations incurred 0 9,085
Gain on sale-leaseback transactions 1,217 430
Accruals for costs associated with issuance of long term debt 27,519 19,461
Operating cash flows related to operating leases 77,415 76,804
Income taxes paid $ 229 $ 0