v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Cash flows from operating activities:    
Net loss $ (33,605) $ (28,689)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 58,924 63,984
Gift card breakage (8,289) (3,231)
Restaurant asset impairment 13,048 1,357
Non-cash other charges, net (2,287) 319
Stock-based compensation expense 8,229 4,501
(Gain) loss on sale of property, plant, and equipment (9,204) 0
Other, net 3,240 2,228
Changes in operating assets and liabilities:    
Accounts receivable 9,487 4,544
Income tax receivable 15,163 520
Inventories (217) 0
Prepaid expenses and other current assets 2,183 1,014
Operating lease assets, net of liabilities (10,562) (12,711)
Trade accounts payable and accrued liabilities 9,621 16,948
Unearned revenue (8,386) (4,286)
Other operating assets and liabilities, net (8,545) (8,881)
Net cash provided by operating activities 38,800 37,617
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (27,036) (19,987)
Proceeds from sales of property and equipment and other investing activities 8,739 20
Net cash used in investing activities (18,297) (19,967)
Cash flows from financing activities:    
Borrowings of long-term debt 282,151 109,500
Payments of long-term debt and finance leases (266,275) (125,216)
Debt issuance costs (4,869) (870)
Proceeds related to real estate sale 3,856 0
Proceeds from other financing activities, net 58 549
Net cash provided by (used in) financing activities 14,921 (16,037)
Effect of exchange rate changes on cash (44) 28
Net change in cash and cash equivalents, and restricted cash 35,380 1,641
Cash and cash equivalents, beginning of period 22,750 16,116
Cash and cash equivalents, end of period 58,130 17,757
Supplemental disclosure of cash flow information    
Income tax refunds received, net (14,729) (840)
Interest paid, net of amounts capitalized $ 11,387 $ 7,586

Source