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
6 Months Ended
Jul. 08, 2012
Jul. 10, 2011
Cash Flows From Operating Activities:    
Net income $ 18,306 $ 15,603
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,184 29,745
Gift card breakage (586) (1,060)
Stock-based compensation expense 2,270 1,481
Restaurant closure costs 179  
Other, net 1,462 (1,597)
Changes in operating assets and liabilities (732) 10,076
Cash provided by operating activities 50,083 54,248
Cash Flows From Investing Activities:    
Purchases of property and equipment (24,590) (19,455)
Acquisition of franchise restaurant, net of cash acquired (3,247)  
Changes in marketing fund restricted cash (480) (64)
Proceeds from sales of property 382  
Cash used in investing activities (27,935) (19,519)
Cash Flows From Financing Activities:    
Borrowings of long-term debt   187,000
Payments of long-term debt (21,563) (185,829)
Payments to acquire Treasury Stock (7,711) (10,377)
Proceeds from exercise of stock options and employee stock purchase plan 2,443 2,463
Debt issuance costs   (2,826)
Payments of other debt and capital lease obligations (415) (518)
Cash used in financing activities (27,246) (10,087)
Net change in cash and cash equivalents (5,098) 24,642
Cash and cash equivalents, beginning of period 35,036 17,889
Cash and cash equivalents, end of period 29,938 42,531
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid 2,622 459
Interest paid, net of amounts capitalized $ 3,195 $ 2,559