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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 13,311 $ 82
Adjustments to reconcile net income to cash flows provided by operations:    
Depreciation and amortization 1,045 264
Stock-based compensation 137 83
Net gain on disposal of property (477) (6)
Asset impairment, estimated lease termination charges and other closing costs (gain), net   386
Gain on bargain purchase (14,364)  
Deferred income taxes (399)  
Other non-cash items (19) 33
Changes in operating assets and liabilities:    
Accounts receivable, net (720) 764
Other assets 781 53
Accounts payable 3,130 (9)
Accrued and other liabilities (2,687) (24)
Cash flows provided by operating activities (262) 1,626
Cash flows from investing activities:    
Proceeds from the sale of assets   6
Purchases of property, equipment and leasehold improvements (949) (221)
Payments for acquired restaurants (3,969) (3,841)
Advances on notes receivable   (150)
Payments received on note receivable 12  
Cash flows used for investing activities (4,906) (4,206)
Cash flows from financing activities:    
Proceeds from long-term debt 8,101  
Payments for debt issuance costs (35) (15)
Payments on long-term debt and financing lease obligations   (137)
Cash provided by (used for) financing activities 8,066 (152)
Increase (decrease) in cash, cash equivalents and restricted cash 2,898 (2,732)
Cash, cash equivalents and restricted cash, beginning of period 6,086 12,440
Cash, cash equivalents and restricted cash, end of period 8,984 9,708
Supplemental Disclosures    
Cash paid for interest, net (15) 11
Non-cash investing and financing activities:    
(Decrease) Increase in accrued property and equipment purchases   $ (35)
Gift card liability assumed pursuant to acquisitions $ 3,968