Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 29, 2019
Cash Flows From Operating Activities:      
Net loss $ (50,002) $ (276,068) $ (7,903)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 83,438 87,557 91,790
Gift card breakage (5,373) (4,516) (6,776)
Goodwill and asset impairments 7,052 122,354 15,094
Non-cash other charges 346 2,837 (13,621)
Deferred income tax provision (benefit) 0 51,502 (9,640)
Stock-based compensation expense 6,622 4,330 3,344
Other, net 3,103 1,052 678
Changes in operating assets and liabilities:      
Accounts receivable (4,919) 5,601 2,766
Inventories (1,925) 2,239 161
Income tax receivable 759 (11,276) (5,238)
Prepaid expenses and other current assets (3,066) 7,443 (3,163)
Operating lease assets, net of liabilities (9,293) 18,324 696
Trade accounts payable and accrued liabilities 19,449 (9,566) (15,490)
Unearned revenue 9,449 430 5,632
Other operating assets and liabilities, net (8,348) 17,990 (415)
Net cash provided by operating activities 47,292 20,233 57,915
Cash Flows From Investing Activities:      
Purchases of property, equipment and intangible assets (42,261) (22,132) (57,309)
Proceeds from sales of real estate and property, plant, and equipment and other 20 739 279
Net cash used in investing activities (42,241) (21,393) (57,030)
Cash Flows From Financing Activities:      
Borrowings of long-term debt 192,500 211,000 273,500
Payments of long-term debt and capital leases (188,845) (247,501) (261,063)
Purchase of treasury stock 0 (1,635) (3,450)
Debt issuance costs (1,714) (2,952) (33)
Proceeds from issuance of common stock, net of stock issuance costs 0 28,718 0
Proceeds from (Payments for) Other Financing Activities (378) 666 724
Net cash provided by (used in) financing activities 1,563 (11,704) 9,678
Effect of exchange rate changes on cash 20 (1,065) 913
Net change in cash and cash equivalents 6,634 (13,929) 11,476
Cash and cash equivalents, beginning of period 16,116 30,045 18,569
Cash and cash equivalents, end of period 22,750 16,116 30,045
Supplemental disclosure of cash flow information      
Income taxes (refund received) paid, net (962) (50,629) 3,237
Interest paid, net of amounts capitalized (10,455) (9,869) (9,750)
Accrued purchases of property, equipment and intangible assets $ 4,655 $ 2,358 $ 3,307