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. 25, 2022
Dec. 26, 2021
Dec. 27, 2020
Cash Flows From Operating Activities:      
Net loss $ (77,800) $ (50,002) $ (276,068)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 76,245 83,438 87,557
Gift card breakage (14,761) (5,373) (4,516)
Goodwill and asset impairments 38,534 7,052 122,354
Non-cash other charges (gains) (3,440) 346 2,837
Deferred income tax provision 0 0 51,502
Stock-based compensation expense 6,294 6,622 4,330
Gain on sale of property (9,204) 0 0
Amortization of debt issuance costs 3,530 3,032 639
Other, net 287 71 413
Changes in operating assets and liabilities:      
Accounts receivable (26) (4,919) 5,601
Inventories (1,813) (1,925) 2,239
Income tax receivable 15,263 759 (11,276)
Prepaid expenses and other current assets 2,289 (3,066) 7,443
Operating lease assets, net of liabilities (7,036) (9,293) 18,324
Trade accounts payable and accrued liabilities 11,724 19,449 (9,566)
Unearned revenue 3,906 9,449 430
Other operating assets and liabilities, net (8,460) (8,348) 17,990
Net cash provided by operating activities 35,532 47,292 20,233
Cash Flows From Investing Activities:      
Purchases of property, equipment and intangible assets (38,159) (42,261) (22,132)
Proceeds from sales of property and equipment, and other 8,591 20 739
Net cash used in investing activities (29,568) (42,241) (21,393)
Cash Flows From Financing Activities:      
Borrowings of long-term debt 297,151 192,500 211,000
Payments of long-term debt and capital leases (266,519) (188,845) (247,501)
Purchase of treasury stock 0 0 (1,635)
Debt issuance costs (4,869) (1,714) (2,952)
Proceeds related to real estate sale 3,856 0 0
Proceeds from issuance of common stock, net of stock issuance costs 0 0 28,718
(Uses) proceeds from other financing activities, net (86) (378) 666
Net cash provided by (used in) financing activities 29,533 1,563 (11,704)
Effect of exchange rate changes on cash (41) 20 (1,065)
Net change in cash and cash equivalents, and restricted cash 35,456 6,634 (13,929)
Cash and cash equivalents, beginning of period 22,750 16,116 30,045
Cash and cash equivalents, end of period 58,206 22,750 16,116
Supplemental disclosure of cash flow information      
Income taxes refund received, net (14,642) (962) (50,629)
Interest paid, net of amounts capitalized 16,054 10,455 9,869
Accrued purchases of property, equipment and intangible assets $ 9,688 $ 4,655 $ 2,358