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
 6 Months Ended
Jul. 10, 2022
Jul. 11, 2021
Cash flows from operating activities:    
Net loss $ (21,037) $ (13,709)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 41,556 45,103
Gift card breakage (8,099) (2,793)
Restaurant asset impairment 10,861 1,357
Non-cash other charges, net (190) 509
Stock-based compensation expense 5,571 2,457
Other, net 2,783 1,913
Changes in operating assets and liabilities:    
Accounts receivable 8,825 5,159
Income tax receivable 15,242 334
Inventories (146) (594)
Prepaid expenses and other current assets 2,707 1,454
Operating lease assets, net of liabilities (7,547) (8,927)
Trade accounts payable and accrued liabilities 4,360 17,358
Unearned revenue (8,283) (3,814)
Other operating assets and liabilities, net (10,164) (8,623)
Net cash provided by operating activities 36,439 37,184
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (15,893) (10,854)
Proceeds from sales of real estate and property, plant, and equipment and other investing activities 269 20
Net cash used in investing activities (15,624) (10,834)
Cash flows from financing activities:    
Borrowings of long-term debt 282,151 68,300
Payments of long-term debt and finance leases (265,744) (85,164)
Debt issuance costs (4,869) (616)
Proceeds related to real estate sale 3,856 0
Proceeds from other financing activities, net 61 549
Net cash provided by (used in) financing activities 15,455 (16,931)
Effect of exchange rate changes on cash (6) 34
Net change in cash and cash equivalents, and restricted cash 36,264 9,453
Cash and cash equivalents, beginning of period 22,750 16,116
Cash and cash equivalents, end of period 59,014 25,569
Supplemental disclosure of cash flow information    
Income tax refunds received, net (14,761) (628)
Interest paid, net of amounts capitalized $ 7,462 $ 5,423