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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 02, 2024
Jan. 03, 2023
Dec. 28, 2021
Cash flows from operating activities:      
Net income (loss) $ 19,660,000 $ 4,076,000 $ (3,606,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 70,992,000 70,385,000 72,753,000
Non-cash lease expense 33,030,000 33,541,000 31,482,000
Amortization of financing costs 217,000 221,000 511,000
Deferred income taxes, net (11,835,000) (13,410,000) (18,675,000)
Stock-based compensation expense 10,902,000 10,098,000 10,331,000
Loss on disposal and impairment of assets, net 8,125,000 6,200,000 3,946,000
Gain on lease transactions, net   (3,318,000)  
Equity method investment loss 230,000 0  
Changes in assets and liabilities:      
Accounts and other receivables 10,776,000 1,436,000 (2,425,000)
Inventories, net (750,000) 286,000 (386,000)
Prepaid expenses and other current assets (5,642,000) (6,026,000) (2,699,000)
Other assets, net (3,227,000) 1,210,000 (1,792,000)
Accounts payable 6,052,000 4,056,000 7,489,000
Accrued expenses 4,070,000 (13,622,000) 9,937,000
Operating lease obligations (37,144,000) (39,939,000) (43,458,000)
Other liabilities 381,000 (4,072,000) 877,000
Net cash provided by operating activities 105,837,000 51,122,000 64,285,000
Cash flows from investing activities:      
Purchases of property and equipment (98,914,000) (78,606,000) (42,189,000)
Proceeds from sale of assets 3,000 6,699,000 21,000
Net cash used in investing activities (98,911,000) (71,907,000) (42,168,000)
Cash flows from financing activities:      
Borrowings on line of credit 762,000,000 710,000,000 1,056,600,000
Payments on line of credit (754,000,000) (700,000,000) (1,123,400,000)
Payments of debt issuance costs   (3,000) (791,000)
Proceeds from issuance of common stock, net     28,907,000
Taxes paid on vested stock units under employee plans (573,000) (381,000) (963,000)
Proceeds from exercise of stock options 875,000   4,511,000
Cash dividends accrued under stock-based compensation plans (32,000) (100,000) (118,000)
Repurchases of common stock (10,999,000) (2,385,000)  
Net cash (used in) provided by financing activities (2,729,000) 7,131,000 (35,254,000)
Net increase (decrease) in cash and cash equivalents 4,197,000 (13,654,000) (13,137,000)
Cash and cash equivalents, beginning of year 24,873,000 38,527,000 51,664,000
Cash and cash equivalents, end of year 29,070,000 24,873,000 38,527,000
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 489,000 543,000 389,000
Cash paid for interest, net of capitalized interest 3,758,000 1,790,000 3,709,000
Cash paid for operating lease obligations 63,504,000 66,872,000 71,646,000
Supplemental disclosure of non-cash operating, investing and financing activities:      
Operating lease assets obtained in exchange for operating lease liabilities 15,934,000 38,501,000 22,036,000
Receivable related to proceeds from disposal of assets 1,252,000    
Property and equipment acquired and included in accounts payable 9,914,000 14,888,000 8,221,000
Equity method investment in exchange for internally developed software   5,000,000  
Stock-based compensation capitalized [1] $ 380,000 $ 326,000 $ 310,000
[1] Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on our Consolidated Balance Sheets.