Management believes that free cash flow is an important financial measure because it represents the amount of cash provided by operations that is available for investing and defines it as operating cash flow less capital expenditures for property and equipment.
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| Free Cash Flow | ||||||||||||||||||||||||||
| (in thousands) | ||||||||||||||||||||||||||
| 13-Weeks Ended | 26-weeks Ended | |||||||||||||||||||||||||
| Jun 28, | Jun 29, | Jun 28, | Jun 29, | |||||||||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | |||||||||||||||||||||||
| Net cash provided by operating activities | $ | 164,179 | $ | 204,298 | $ | 235,352 | $ | 263,661 | ||||||||||||||||||
| Less: purchases of property and equipment | ($21,224 | ) | ($18,107 | ) | ($36,761 | ) | ($29,723 | ) | ||||||||||||||||||
| Free Cash Flow | $ | 142,955 | $ | 186,191 | $ | 198,591 | $ | 233,938 | ||||||||||||||||||
