Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Oct. 05, 2014
Oct. 06, 2013
Cash flows from operating activities:    
Net income $ 28,622 $ 25,280
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 48,216 44,589
Stock-based compensation expense 3,211 3,099
Other, net (1,998) (4,196)
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable 7,958 1,997
Trade accounts payable and accrued liabilities (1,125) 13,940
Unearned revenue (8,794) (6,833)
Other operating assets and liabilities, net 6,848 4,306
Net cash provided by operating activities 82,938 82,182
Cash flows from investing activities:    
Purchases of property, equipment and intangible assets (75,859) (50,393)
Acquisition of franchise restaurants, net of cash acquired (48,664) 0
Other investing activities (1,024) 0
Net cash used in investing activities (125,547) (50,393)
Cash flows from financing activities:    
Borrowings of long-term debt 172,000 104,500
Payments of long-term debt and capital leases (104,606) (148,576)
Purchase of common stock (25,712) (2,503)
Debt issuance costs (690) 0
Tax benefit from exercise of stock options 1,920 3,048
Proceeds from exercise of stock options and employee stock purchase plan 2,579 7,266
Net cash provided by (used in) financing activities 45,491 (36,265)
Effect of exchange rate changes on cash (50) 0
Net increase (decrease) in cash and cash equivalents 2,832 (4,476)
Cash and cash equivalents, beginning of period 17,108 22,440
Cash and cash equivalents, end of period 19,940 17,964
Supplemental of cash flow information    
Income taxes paid 12,496 4,786
Interest paid, net of amounts capitalized $ 2,729 $ 1,920