I have a discussion on statement of cash flow, but I have a hard time reading it. Could you help me go throw this?
Share with us your analysis the Dunkin Donuts' statement of cash flows.Has there been an increase or decrease in cash flow compared to prior years?Based on the statement of cash flows, did the company grow or shrink in 2016?If an investor were looking to earn dividends on a stock, would Dunkin Donuts stock be attractive? Why or why not?
DUNKIN' BRANDS GROUP, INC. AND SUBSIDIARIES Consolidated Statements of Cash Flows (In thousands) Fiscal year ended December 31. December 26. December 17. 2015 Cash flows from operating activities Net income including noncontrolling interests 195,576 105,229 175.563 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 42 537 45,244 45,539 Amortization of debt issuance costs and original issue discount 6398 5.969 3.968 Loss on debt extinguishment and refinancing transactions 20,554 13,735 Deferred income taxes Provision for bad debt (12,537) (21,107) (24,639) 53 3,343 2,821 Share-based compensation expense Net loss ( income) of equity method investments 17,181 (14,552) 16,092 41,745 11,287 Dividends received from equity method investments (14,846) 5,247 6,671 Gain on sale of real estate and company-operated restaurants 7,427 Other, net (9.373) (1,402) (7,458) (2,172) 1,083 570 Change in operating assets and liabilities Restricted cash 2,113 (65,673) Accounts, notes, and other receivables, net 40 535 (26,316) Prepaid income taxes, net 2 289 (27,224) 591 (4,300) Other current assets (3,742) (6,185) 552 Accounts payable 6,514 Other current liabilities (6308) 397 Liabilities of advertising funds, net 5,377 40,258 1,233 11,876 Deferred income (1,124) (2,785) 393 1,866 Other, net 5,770 5.957 12.214 1.0710 Net cash provided by operating activities Cash flows from investing activities. 276 205 185.566 199 323 Additions to property and equipment (15,174) (30,246) Proceeds from sale of real estate and company-operated restaurants 20,523 (23,638) 2,693 14,361 Other, net Net cash provided by (used in) investing activities 14.006) (7.914) 1343 (35,467) (4.8271 (14,104) Cash flows from financing activities Proceeds from issuance of long-term debt 2,50 0,000 Repayment of long-term debi Payment of debt issuance and other debi-related costs (25,000) (1,837,824) Repurchases of common stock, including accelerated share repurchases (41,350] (15,00 0) (9,213) (55,000) Dividends paid on common stock (625,041) (130,171) (109,703) Change in restricted cash (100,516) (96,775) 106 Exercise of stock options (6,770) 10.647 10,353 Excess tax benefits from share-based compensation 2,735 5,120 11,503 10,758 Other, net (122) 1.924 Net cash used in financing activities Effect of exchange rate changes on cash and cash equivalents (176 3371 (7.21 1) 196.856 Increase (decrease) in cash and cash equivalents (216) (233.357) (893) (71.5) 100 995 52,350 Cash and cash equivalents, beginning of year (48 853) 260.430 208.080 Cash and cash equivalents, end of year 256.933 361 425 260430 Supplemental cash flow information: Cash paid for income taxes 125,681 106, 924 99 410 Cash paid for interest 94,212 90 564 64. 485 Noncash investing activities: Property and equipment included in accounts payable and other current liabilities 920 579 2,383 Purchase of leaseholds in exchange for capital lease obligations 624 475 1,094
