| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||
Net income | ||||||||||
154,900 | 125,900 | 150,800 | 200,620 | 194,659 | 154,039 | 163,359 | 151,232 | 141,060 | 137,704 | 79,166 |
Adjustments to reconcile Net income to Net cash provided by operating activities: | ||||||||||
Income from discontinued operations, net of taxes | ||||||||||
- | - | - | - | - | - | - | - | - | 33,982 | 7,045 |
Depreciation and amortization | ||||||||||
147,600 | 151,400 | 156,400 | 156,368 | 145,242 | 136,081 | 131,481 | 125,054 | 128,447 | 135,832 | 145,220 |
Stock-based compensation | ||||||||||
16,400 | 14,200 | 14,500 | 15,159 | 14,802 | 16,074 | 15,909 | 13,461 | 12,789 | 15,595 | 17,128 |
Litigation reserves | ||||||||||
- | - | - | - | - | 39,500 | 0 | 0 | - | - | - |
Restructure charges and other impairments | ||||||||||
26,500 | 21,700 | 14,400 | 17,445 | 5,636 | 8,533 | 11,425 | 10,396 | 8,427 | 31,766 | 76,957 |
Net loss (gain) on disposal of assets | ||||||||||
33,100 | -1,600 | 400 | -87 | -4,523 | -5,161 | 6,905 | -490 | 401 | 4,878 | -36,955 |
Undistributed loss on equity investments | ||||||||||
0 | -300 | 0 | 571 | 368 | 328 | -851 | -1,350 | 1,802 | 114 | -201 |
Other | ||||||||||
3,000 | 3,100 | 3,000 | 1,918 | 250 | 707 | 363 | 799 | 405 | 2,637 | -823 |
Changes in assets and liabilities: | ||||||||||
Accounts receivable, net | ||||||||||
3,000 | 3,300 | -3,500 | 3,682 | -1,932 | 5,372 | -5,398 | -608 | -1,255 | -6,083 | 800 |
Inventories | ||||||||||
-1,000 | 0 | 0 | -11 | -475 | -912 | -908 | 15 | -1,341 | -6,544 | 1,680 |
Restaurant supplies | ||||||||||
600 | 1,200 | 1,500 | 1,651 | -518 | - | - | - | - | - | - |
Prepaid expenses | ||||||||||
3,000 | 1,700 | 700 | 11,178 | -3,850 | -1,827 | -82 | 2,984 | 2,150 | -1,847 | -2,150 |
Deferred income taxes, net | ||||||||||
75,800 | -3,400 | 22,700 | 23,902 | 14,199 | -23,041 | -4,793 | 11,808 | 15,277 | -25,516 | 40,921 |
Other assets | ||||||||||
-900 | -300 | -300 | -72 | 2,140 | 3,397 | 4,115 | -489 | -406 | -551 | -1,496 |
Accounts payable | ||||||||||
-4,100 | 1,600 | 3,000 | -5,783 | 1,117 | 3,756 | -9,339 | 12,188 | -21,515 | -9,963 | -43,512 |
Gift card liability | ||||||||||
-10,100 | -7,300 | 4,200 | 6,190 | 10,348 | - | - | - | - | - | - |
Accrued payroll | ||||||||||
6,800 | 4,200 | -700 | -17,229 | 5,330 | - | - | - | - | - | - |
Other accrued liabilities | ||||||||||
-7,700 | -6,800 | -5,800 | 725 | -38,273 | 14,617 | -9,381 | -17,197 | -15,178 | -7,483 | -68,199 |
Current income taxes | ||||||||||
-12,700 | -14,900 | -7,700 | 14,875 | 7,260 | 14,087 | 749 | -3,874 | -3,976 | 51,800 | -42,153 |
Other liabilities | ||||||||||
5,700 | -8,000 | 4,500 | 2,882 | -749 | -3,314 | -5,304 | -367 | -4,397 | -11,021 | -1,975 |
Net cash provided by operating activities | ||||||||||
212,700 | 284,500 | 315,100 | 400,160 | 368,611 | 359,842 | 290,688 | 303,438 | 259,988 | 297,402 | 234,007 |
Cash flows from investing activities | ||||||||||
Payments for property and equipment | ||||||||||
167,600 | 101,300 | 102,600 | 112,788 | 140,262 | 161,066 | 131,531 | 125,226 | 70,361 | 60,879 | 88,152 |
Payments for franchise restaurant acquisitions | ||||||||||
3,100 | 0 | 0 | 105,577 | 0 | 0 | 24,622 | 3,120 | 0 | 0 | - |
Proceeds from sale of assets | ||||||||||
1,600 | 19,900 | 3,200 | 4,256 | 1,950 | 888 | 17,157 | 8,112 | 8,696 | 26,603 | 81,865 |
Proceeds from note receivable | ||||||||||
2,800 | 1,900 | 0 | 0 | - | - | - | - | - | - | - |
Insurance recoveries | ||||||||||
1,700 | 1,700 | 0 | 0 | - | - | 1,152 | 0 | 0 | - | - |
Proceeds from sale leaseback transactions, net of related expenses | ||||||||||
485,900 | 0 | 0 | - | - | - | - | - | - | - | - |
Investment in equity method investee | ||||||||||
- | - | - | - | - | - | - | 3,170 | 2,896 | 0 | 4,612 |
Decrease in restricted cash | ||||||||||
- | - | - | - | - | - | - | - | - | -29,749 | -4,688 |
Net cash (used in) provided by investing activities | ||||||||||
321,300 | -77,800 | -99,400 | -214,109 | -138,312 | -160,178 | -137,844 | -123,404 | -64,561 | -4,527 | -6,211 |
Cash flows from financing activities | ||||||||||
Borrowings on revolving credit facility | ||||||||||
853,000 | 1,016,000 | 250,000 | 256,500 | 480,750 | 120,000 | 110,000 | 40,000 | 0 | 0 | - |
Payments on revolving credit facility | ||||||||||
1,150,000 | 588,000 | 388,000 | 110,000 | 177,000 | 40,000 | 150,000 | 0 | 0 | - | 160,757 |
Payments for Repurchase of Common Stock | ||||||||||
167,700 | 303,200 | 370,900 | 284,905 | 306,255 | 239,597 | 333,384 | 287,291 | 422,099 | 22,868 | 3,739 |
Payments of dividends | ||||||||||
60,300 | 70,000 | 70,800 | 74,066 | 70,832 | 63,395 | 56,343 | 50,081 | 53,185 | 34,448 | 45,355 |
Payments on long-term debt | ||||||||||
9,500 | 260,300 | 3,800 | 3,402 | 189,177 | 26,521 | 316,380 | 18,749 | 16,127 | 391,046 | 19,735 |
Proceeds from issuances of treasury stock | ||||||||||
3,000 | 2,300 | 5,600 | 6,147 | 16,259 | 29,295 | 41,190 | 43,416 | 33,057 | 2,396 | 4,650 |
Payments for debt issuance costs | ||||||||||
0 | 1,600 | 10,200 | 0 | 2,501 | 0 | 5,969 | 1,620 | 0 | 3,611 | - |
Proceeds from issuance of long-term debt | ||||||||||
0 | 0 | 350,000 | 0 | 0 | - | 549,528 | 70,000 | 0 | 200,000 | 0 |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | - | 15,893 | 18,872 | 8,778 | 1,406 | 291 | 139 | 551 |
Net cash provided by (used in) financing activities | ||||||||||
-531,500 | -204,800 | -238,100 | -209,726 | -232,863 | -201,346 | -152,580 | -202,919 | -458,063 | -249,438 | -224,385 |
Net change in cash and cash equivalents | ||||||||||
2,500 | 1,900 | -22,400 | -23,675 | -2,564 | -1,682 | 264 | -22,885 | -262,636 | 250,468 | 39,442 |
Net cash provided by operating activities | ||||||||||
- | - | - | - | - | - | - | - | - | 39,033 | 40,958 |
Net cash provided by investing activities | ||||||||||
- | - | - | - | - | - | - | - | - | 167,998 | -4,927 |
Net cash provided by discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 207,031 | 36,031 |