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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jul. 01, 2023
Jul. 02, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,463 $ 7,245
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Depreciation and amortization 2,596 2,182
Amortization of leasehold interests 17 27
Amortization of operating lease right-of-use asset 1,902 1,772
Gain on forgiveness of PPP Loans (3,488)
Gain on sale of property and equipment (11)
Loss on abandonment of property and equipment 31 13
Amortization of deferred loan costs 28 26
Deferred income taxes 87
Income from unconsolidated limited partnership (9) (24)
(Increase) decrease in    
Other receivables (198) 18
Prepaid income taxes (26) (31)
Inventories (655) (1,242)
Prepaid expenses (579) 738
Other assets (22) (217)
Increase (decrease) in:    
Accounts payable and accrued expenses 538 1,187
Operating lease liabilities (1,726) (1,454)
Due to franchisees (226) 817
Deferred revenue 66 145
Net cash and cash equivalents provided by operating activities 7,200 7,790
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (12,541) (3,292)
Purchase of construction in progress (2,811) (2,521)
Deposits on property and equipment (1,711) (698)
Proceeds from sale of property and equipment 38 43
Business acquistion (75)
Distributions from unconsolidated limited partnership 27 24
Net cash and cash equivalents used in investing activities (16,998) (6,519)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on long term debt (1,987) (2,765)
Proceeds from noncontrolling interest offering 8,630
Dividends paid (838) (1,858)
Distributions to limited partnerships’ noncontrolling interests (2,409) (2,295)
Net cash and cash equivalents (used in) provided by financing activities (5,234) 1,712
Net (Decrease) Increase in Cash and Cash Equivalents (15,032) 2,983
Cash and Cash Equivalents - Beginning of Period 42,138 32,676
Cash and Cash Equivalents - End of Period 27,106 35,659
Cash paid during period for:    
Interest 801 547
Income taxes 431 466
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Financing of insurance contracts 1,858
Purchase deposits capitalized to property and equipment 2,298 50
Purchase deposits transferred to CIP 502 512
CIP transferred to property and equipment 7,110 3,258
CIP in accounts payable 538 577
Operating lease liabilities arising from ROU asset $ 3,335