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Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities:    
Net income $ 113,380 $ 35,285
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 9 9
Equity in net income of National Beef Packing Company, LLC (115,484) (36,957)
Distributions from National Beef Packing Company, LLC 7,853 22,810
Changes in assets and liabilities:    
Accounts receivable (272) 0
Due from affiliates 26 17
Other assets (164) 34
Accounts payable 47 23
Due to affiliates (29) (41)
Accrued compensation and benefits (775) (441)
Other accrued expenses and liabilities (522) (438)
Net cash used in operating activities 4,069 20,301
Cash flows from investing activities:    
Capital expenditures, including interest capitalized (6) (43)
Net cash used in investing activities (6) (43)
Cash flows from financing activities:    
Member distributions (50,129) (48,984)
Net cash used in financing activities (50,129) (48,984)
Net decrease in cash (46,066) (28,726)
Cash and cash equivalents at beginning of period 77,909 88,411
Cash and cash equivalents at end of period 31,843 59,685
Supplemental noncash disclosures of operating activities:    
Right of use assets 0 251
Supplemental Noncash Disclosures Of Investing Activities:    
Investment in National Beef Packing Company, LLC $ 0 $ 23,691