| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Aug'17 | May'17 | Mar'17 | Feb'17 | Dec'16 | Aug'16 | May'16 | Feb'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows – Operating Activities | |||||||||||||||||
Net income - including noncontrolling interests | |||||||||||||||||
66,000 | 94,000 | 235,000 | 185,000 | 229,000 | 78,000 | 212,000 | 150,000 | 296,000 | -90,000 | 221,000 | 113,000 | 210,000 | 180,000 | 86,000 | 202,000 | 73,000 | 149,000 |
Depreciation and amortization | |||||||||||||||||
109,000 | 106,000 | 105,000 | 106,000 | 111,000 | 102,000 | 108,000 | 117,000 | 118,000 | 144,000 | 105,000 | 96,000 | 96,000 | 64,000 | 130,000 | 101,000 | 103,000 | 68,000 |
Non-cash operating lease cost | |||||||||||||||||
88,000 | - | - | - | 83,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Closures and impairment expenses | |||||||||||||||||
8,000 | 22,000 | -1,000 | 4,000 | 11,000 | 26,000 | -1,000 | 17,000 | -1,000 | - | - | - | - | - | - | - | - | - |
Gain from re-measurement of equity interest upon acquisition | |||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 98,000 | - | - | - | - | - | - | - | - | - |
Investment loss (gain) | |||||||||||||||||
-8,000 | 24,000 | 12,000 | 17,000 | 10,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity income from investments in unconsolidated affiliates | |||||||||||||||||
20,000 | 13,000 | 19,000 | 14,000 | 23,000 | 13,000 | 17,000 | 12,000 | 23,000 | 14,000 | 21,000 | 13,000 | 21,000 | 17,000 | 10,000 | 18,000 | 10,000 | 16,000 |
Distributions of income received from unconsolidated affiliates | |||||||||||||||||
8,000 | 23,000 | 12,000 | 10,000 | 28,000 | 12,000 | 10,000 | 5,000 | 36,000 | 9,000 | 10,000 | -1,000 | 27,000 | - | - | - | - | - |
Refranchising gain | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 1,000 | - | 1,000 | - | 4,000 | 1,000 | 3,000 |
Deferred income taxes | |||||||||||||||||
2,000 | 4,000 | 6,000 | 0 | 6,000 | -13,000 | 4,000 | 19,000 | 23,000 | 65,000 | -2,000 | 0 | -1,000 | -1,000 | -16,000 | 3,000 | -10,000 | -19,000 |
Share-based compensation expense | |||||||||||||||||
7,000 | 5,000 | 6,000 | 9,000 | 6,000 | 6,000 | 5,000 | 7,000 | 6,000 | 10,000 | 6,000 | 7,000 | 5,000 | 3,000 | 7,000 | 4,000 | 2,000 | 3,000 |
Changes in accounts receivable | |||||||||||||||||
-9,000 | 7,000 | -3,000 | 10,000 | -5,000 | 15,000 | -4,000 | 13,000 | -11,000 | -3,000 | 5,000 | 5,000 | -14,000 | -8,000 | 17,000 | 29,000 | 0 | 8,000 |
Changes in inventories | |||||||||||||||||
-57,000 | 55,000 | 21,000 | 35,000 | -34,000 | 37,000 | 4,000 | 30,000 | -48,000 | 46,000 | -28,000 | 33,000 | -26,000 | -40,000 | 61,000 | 5,000 | 47,000 | -17,000 |
Changes in prepaid expenses and other current assets | |||||||||||||||||
-10,000 | - | - | - | 3,000 | 9,000 | -15,000 | 21,000 | 7,000 | 8,000 | 12,000 | 0 | -4,000 | -5,000 | - | - | - | -7,000 |
Changes in accounts payable and other current liabilities | |||||||||||||||||
-192,000 | 53,000 | 48,000 | 109,000 | -39,000 | 70,000 | 2,000 | 97,000 | 85,000 | -188,000 | 125,000 | -24,000 | -63,000 | 31,000 | -26,000 | 114,000 | -78,000 | 113,000 |
Changes in income taxes payable | |||||||||||||||||
5,000 | -40,000 | 29,000 | -21,000 | 24,000 | -24,000 | 21,000 | -43,000 | 63,000 | -54,000 | 54,000 | -48,000 | 58,000 | 51,000 | -48,000 | 29,000 | -31,000 | 56,000 |
Changes in non-current operating lease liabilities | |||||||||||||||||
-102,000 | -101,000 | -92,000 | -85,000 | -103,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
-3,000 | -5,000 | -2,000 | -15,000 | -15,000 | -50,000 | -5,000 | -25,000 | -6,000 | 37,000 | 2,000 | -19,000 | -19,000 | -6,000 | -22,000 | -40,000 | 12,000 | 6,000 |
Net Cash Provided by Operating Activities | |||||||||||||||||
60,000 | 140,000 | 388,000 | 313,000 | 344,000 | 160,000 | 354,000 | 268,000 | 551,000 | -103,000 | 514,000 | 116,000 | 336,000 | 357,000 | 42,000 | 401,000 | 50,000 | 373,000 |
Cash Flows – Investing Activities | |||||||||||||||||
Capital spending | |||||||||||||||||
87,000 | 125,000 | 98,000 | 102,000 | 110,000 | 111,000 | 129,000 | 119,000 | 111,000 | 153,000 | 85,000 | 103,000 | 112,000 | 74,000 | 168,000 | 96,000 | 92,000 | 80,000 |
Purchases of short-term investments | |||||||||||||||||
275,000 | 405,000 | 210,000 | 174,000 | 235,000 | 91,000 | 143,000 | 210,000 | 160,000 | 278,000 | 89,000 | 129,000 | 100,000 | 100,000 | 83,000 | -1,000 | 0 | 54,000 |
Maturities of short-term investments | |||||||||||||||||
390,000 | 168,000 | 118,000 | 172,000 | 76,000 | 167,000 | 218,000 | 202,000 | 93,000 | - | - | - | - | - | - | - | - | - |
Prepayment for investment | |||||||||||||||||
27,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from refranchising of restaurants | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 1,000 | 2,000 | 2,000 | - | 6,000 | 6,000 | 7,000 |
Acquisition of business, net of cash acquired | |||||||||||||||||
- | - | - | - | - | 0 | 3,000 | 0 | 88,000 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
-1,000 | -5,000 | -5,000 | -3,000 | -2,000 | -10,000 | -10,000 | 12,000 | 1,000 | - | 0 | 3,000 | 1,000 | 1,000 | -31,000 | 1,000 | 0 | 1,000 |
Net Cash Provided by (Used in) Investing Activities | |||||||||||||||||
2,000 | -357,000 | -185,000 | -101,000 | -267,000 | -25,000 | -121,000 | -139,000 | -267,000 | -263,000 | 138,000 | -259,000 | -211,000 | -173,000 | -239,000 | -18,000 | -86,000 | -128,000 |
Cash Flows – Financing Activities | |||||||||||||||||
Net transfers from Parent | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,000 |
Payment of capital lease obligation | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 1,000 | 1,000 | - | - | - | - |
Repayment of short-term borrowings assumed from acquisition | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 10,000 | - | - | - | - | - | - | - | - | - |
Repurchase of shares of common stock | |||||||||||||||||
8,000 | 58,000 | 64,000 | 75,000 | 68,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash dividends paid on common stock | |||||||||||||||||
45,000 | 45,000 | 45,000 | 45,000 | 46,000 | 46,000 | 38,000 | 38,000 | 39,000 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
1,000 | - | - | - | 1,000 | -11,000 | -1,000 | 0 | -2,000 | 20,000 | -1,000 | -6,000 | -10,000 | - | - | - | - | - |
Net Cash Used in Financing Activities | |||||||||||||||||
-52,000 | -112,000 | -109,000 | -146,000 | -113,000 | -200,000 | -132,000 | -135,000 | -51,000 | -43,000 | -99,000 | -42,000 | -11,000 | -1,000 | 342,000 | -130,000 | -126,000 | 7,000 |
Effect of Exchange Rates on Cash, Cash Equivalents and Restricted Cash | |||||||||||||||||
-8,000 | - | - | - | 17,000 | -3,000 | -28,000 | -51,000 | 26,000 | -9,000 | 32,000 | 3,000 | 4,000 | 6,000 | -10,000 | -11,000 | -2,000 | -5,000 |
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | |||||||||||||||||
2,000 | -309,000 | 68,000 | 49,000 | -19,000 | -68,000 | 73,000 | -57,000 | 259,000 | -418,000 | 585,000 | -182,000 | 118,000 | 189,000 | 135,000 | 242,000 | -164,000 | 247,000 |
Supplemental Cash Flow Data | |||||||||||||||||
Cash paid for income tax | |||||||||||||||||
25,000 | 70,000 | 50,000 | 82,000 | 53,000 | 51,000 | 43,000 | 94,000 | 20,000 | 71,000 | 46,000 | 90,000 | 31,000 | 25,000 | 46,000 | 52,000 | 61,000 | 23,000 |
Non-cash Investing and Financing Activities | |||||||||||||||||
Capital expenditures included in accounts payables and other current liabilities | |||||||||||||||||
111,000 | - | - | - | 106,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |