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. 14, 2019
Jul. 15, 2018
Cash flows from operating activities:    
Net income $ 1,620 $ 2,506
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 49,807 51,516
Gift card breakage (4,320) (1,673)
Unpaid other charges 15,964 14,537
Deferred income tax (benefit) provision (21,526) (7,766)
Stock-based compensation expense 1,415 2,356
Other, net 560 709
Changes in operating assets and liabilities:    
Accounts receivable 12,132 14,070
Prepaid expenses and other current assets 3,459 13,744
Trade accounts payable and accrued liabilities (7,388) (732)
Unearned revenue (11,343) (13,591)
Other operating assets and liabilities, net 1,366 1,344
Net cash provided by operating activities 41,746 77,020
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (21,168) (27,319)
Proceeds from sales of real estate and property, plant, and equipment and other investing activities 178 115
Net cash used in investing activities (20,990) (27,204)
Cash flows from financing activities:    
Borrowings of long-term debt 162,000 160,500
Payments of long-term debt and finance leases (174,464) (205,870)
Purchase of treasury stock (1,475) 0
Proceeds from exercise of stock options and employee stock purchase plan 693 732
Net cash used in financing activities (13,246) (44,638)
Effect of exchange rate changes on cash 115 (996)
Net change in cash and cash equivalents 7,625 4,182
Cash and cash equivalents, beginning of period 18,569 17,714
Cash and cash equivalents, end of period 26,194 21,896
Supplemental disclosure of cash flow information    
Income taxes paid 2,742 991
Interest paid, net of amounts capitalized 5,482 5,411
Change in construction related payables $ 1,883 $ 2,127