v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 11, 2021
Jul. 12, 2020
Cash flows from operating activities:    
Net loss $ (13,709) $ (230,559)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 45,103 48,880
Gift card breakage (2,793) (1,806)
Goodwill and asset impairment 1,357 116,193
Non-cash other charges 509 2,764
Deferred income tax provision 0 42,686
Stock-based compensation expense 2,457 1,771
Other, net 1,913 393
Changes in operating assets and liabilities:    
Accounts receivable 5,159 13,211
Income tax receivable 334 (17,453)
Inventories (594) 1,363
Prepaid expenses and other current assets 1,454 (2,717)
Lease assets, net of liabilities (9,375) 17,666
Trade accounts payable and accrued liabilities 17,358 (9,374)
Unearned revenue (3,814) (8,479)
Other operating assets and liabilities, net (8,175) 6,854
Net cash provided by (used in) operating activities 37,184 (18,607)
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (10,854) (11,456)
Proceeds from sales of real estate and property, plant, and equipment and other investing activities 20 43
Net cash used in investing activities (10,834) (11,413)
Cash flows from financing activities:    
Borrowings of long-term debt 68,300 135,000
Payments of long-term debt and finance leases (85,164) (134,385)
Purchase of treasury stock 0 (1,635)
Debt issuance costs (616) (2,952)
Proceeds from issuance of common stock, net of stock issuance costs 0 29,675
Proceeds from exercise of stock options and employee stock purchase plan 549 666
Net cash (used in) provided by financing activities (16,931) 26,369
Effect of exchange rate changes on cash 34 (256)
Net change in cash and cash equivalents 9,453 (3,907)
Cash and cash equivalents, beginning of period 16,116 30,045
Cash and cash equivalents, end of period 25,569 26,138
Supplemental disclosure of cash flow information    
Income tax refunds received, net (628) (3)
Interest paid, net of amounts capitalized $ 5,423 $ 4,915

Source