v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 8,197 $ 17,473
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 10,362 9,741
Non-cash closure and impairment charges 5,846 634
Non-cash stock-based compensation expense 3,365 4,923
Non-cash interest expense 856 803
Deferred income taxes (4,562) 1,086
Deferred revenue (3,709) (1,583)
Provision for doubtful accounts 1,660 183
Gain on disposition of assets (111) (237)
Other 318 (212)
Changes in operating assets and liabilities:    
Receivables, net (1,655) 1,650
Deferred rent receivable 1,728 2,186
Current income tax receivable and payable 7,546 9,388
Gift card receivable and payable 3,555 (978)
Other current assets (4,791) 5,120
Accounts payable (414) (2,158)
Operating lease assets and liabilities (3,410) (3,327)
Accrued employee compensation and benefits (5,741) (11,449)
Accrued advertising (2,306) (2,801)
Other current liabilities (601) 111
Cash flows provided by operating activities 16,133 30,553
Cash flows from investing activities:    
Principal receipts from notes, equipment contracts and other long-term receivables 1,820 2,525
Additions to property and equipment (3,325) (3,335)
Proceeds from sale of property and equipment 1,049 81
Additions to long-term receivables (1,359) (371)
Other (65) (74)
Cash flows used in investing activities (1,880) (1,174)
Cash flows from financing activities:    
Dividends paid on common stock (7,790) (7,827)
Repurchase of common stock (1,637) (6,000)
Principal payments on finance lease and financing obligations (1,251) (1,640)
Repurchase of restricted stock for tax payments upon vesting (1,708) (2,347)
Tax payments for share settlement of restricted stock units (21) (29)
Other 0 (3)
Cash flows used in financing activities (12,407) (17,846)
Net change in cash, cash equivalents and restricted cash 1,846 11,533
Cash, cash equivalents and restricted cash at beginning of period 248,598 200,592
Cash, cash equivalents and restricted cash at end of period 250,444 212,125
Supplemental disclosures:    
Interest paid in cash 19,549 19,846
Income taxes paid in cash 1,665 2,907
Non-cash conversion to notes receivable $ 991 $ 0