v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 8 Months Ended
Sep. 06, 2026
Sep. 07, 2025
Cash flows from operating activities:    
Net Income (Loss) $ 427,740 $ 420,061
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 61,501 61,128
Refranchising gain (3,881) (3,883)
Gain on sale of assets (7,780) 0
Loss on disposal of assets 1,181 703
Amortization of debt issuance costs 4,455 3,768
Provision for deferred income taxes 12,009 9,255
Non-cash equity-based compensation expense 30,843 31,681
Excess tax benefits from equity-based compensation (1,026) (2,751)
Provision (benefit) for losses on accounts and notes receivable 418 (49)
Unrealized and realized loss (gain) on investments 20,895 (5,036)
Changes in operating assets and liabilities (5,126) 10,242
Changes in advertising fund assets and liabilities, restricted (20,628) 27,137
Net cash provided by operating activities 520,601 552,256
Cash flows from investing activities:    
Capital expenditures (60,829) (56,667)
Proceeds from sale of assets 27,623 8,458
Sale of investments 0 44,085
Other (961) (1,939)
Net cash used in investing activities (34,167) (6,063)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 1,000,000
Repayments of long-term debt and finance lease obligations (4,097) (1,147,773)
Proceeds from exercise of stock options 9,205 12,882
Purchases of common stock (308,239) (277,698)
Tax payments for restricted stock upon vesting (14,204) (10,862)
Payments of common stock dividends and equivalents (134,331) (119,503)
Cash paid for financing costs 0 (15,287)
Net cash used in financing activities (451,666) (558,241)
Effect of exchange rate changes on cash (338) 1,487
Change in cash and cash equivalents, restricted cash and cash equivalents 34,430 (10,561)
Cash and cash equivalents, beginning of period 125,675 186,126
Restricted cash and cash equivalents, beginning of period 216,110 195,370
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period 92,200 80,928
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period 433,985 462,424
Cash and cash equivalents, end of period 229,035 139,728
Restricted cash and cash equivalents, end of period 167,958 202,501
Cash and cash equivalents included in advertising fund assets, restricted, end of period 71,422 109,634
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period $ 468,415 $ 451,863