Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 04, 2015
Oct. 05, 2014
Cash flows from operating activities:    
Net income $ 36,013 $ 28,622
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 58,881 48,216
Stock-based compensation expense 4,043 3,211
Other, net (4,058) (1,998)
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable 12,768 7,958
Trade accounts payable and accrued liabilities 2,967 (1,125)
Unearned revenue (10,833) (8,794)
Other operating assets and liabilities, net 1,570 6,848
Net cash provided by operating activities 101,351 82,938
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (120,738) (75,859)
Acquisition of franchise restaurants, net of cash acquired (2,532) (48,664)
Other investing activities 191 (1,024)
Net cash used in investing activities (123,079) (125,547)
Cash flows from financing activities:    
Borrowings of long-term debt 324,500 172,000
Payments of long-term debt and capital leases (299,457) (104,606)
Purchase of treasury stock (9,849) (25,712)
Debt issuance costs 0 (690)
Tax benefit from exercise of stock options 1,969 1,920
Proceeds from exercise of stock options and employee stock purchase plan 4,149 2,579
Net cash provided by financing activities 21,312 45,491
Effect of exchange rate changes on cash (169) (50)
Net change in cash and cash equivalents (585) 2,832
Cash and cash equivalents, beginning of period 22,408 17,108
Cash and cash equivalents, end of period 21,823 19,940
Supplemental disclosure of cash flow information    
Income taxes paid 11,402 12,496
Interest paid, net of amounts capitalized 2,949 2,729
Change in construction related payables $ 17,596 $ 1,594