XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash Flows from Operating Activities:    
Net income $ 6,467 $ 4,920
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Depreciation and amortization 3,474 3,119
Amortization of leasehold interests 20 19
Amortization of operating lease right-of-use assets 1,970 1,910
Gain on interest rate swap (63)
Gain on sale of property and equipment (2)
Loss on abandonment of property and equipment 111 57
Amortization of deferred loan costs 27 27
Income from unconsolidated limited partnership (53) (43)
(Increase) decrease in:    
Other receivables 20 (127)
Prepaid income taxes 168 69
Inventories (110) (325)
Prepaid expenses (620) (1,034)
Other current assets (705)
Other assets 62 (60)
Increase (decrease) in:    
Accounts payable and accrued expenses (630) (1,403)
Other current liabilities 277
Operating lease liabilities (1,811) (1,722)
Due to franchisees (1,422) (539)
Deferred revenue (32) 353
Net cash and cash equivalents provided by operating activities 7,150 5,219
Cash Flows from Investing Activities:    
Purchase of property and equipment (4,899) (2,410)
Purchase of construction in progress (1,594)
Deposits on property and equipment (133) (118)
Purchase of leaseholds (31)
Proceeds from sale of property and equipment 45 69
Proceeds from insurance recovery 30
Distributions from unconsolidated limited partnership 12 16
Purchase of short-term investments (732)
Net cash and cash equivalents used in investing activities (5,677) (4,068)
Cash Flows from Financing Activities:    
Payments on long-term debt (1,013) (934)
Dividends paid (1,022) (929)
Purchase of noncontrolling limited partnership interest (381)
Distributions to limited partnerships’ noncontrolling interests (2,249) (2,697)
Net cash and cash equivalents used in financing activities (4,665) (4,560)
Net Decrease in Cash and Cash Equivalents (3,192) (3,409)
Cash and Cash Equivalents - Beginning of Period 21,402 25,532
Cash and Cash Equivalents - End of Period 18,210 22,123
Cash paid during the year for:    
Interest 678 768
Income taxes 321 141
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Increase in fair value of interest rate swap 443 247
Purchase deposits capitalized to property and equipment 57 255
Purchase deposits transferred to construction in progress 715
Construction in progress transferred to property and equipment 7,676
Property and equipment and construction in progress in accounts payable and accrued expenses 308
Remeasurement of right-of-use operating lease $ 248 $ 183