XML 27 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
3 Months Ended
Mar. 25, 2014
Mar. 19, 2013
Cash flows from operating activities:    
Net income $ 4,522,000 $ 3,569,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,955,000 2,442,000
Loss on disposal of restaurant property 17,000  
Loan cost amortization 4,000 4,000
Non-cash equity based compensation 573,000 228,000
Deferred income taxes (340,000) 2,618,000
Amortization of deferred lease incentives (176,000) (107,000)
Changes in operating assets and liabilities:    
Inventories 402,000 (22,000)
Lease incentives receivable 772,000 1,030,000
Other assets 781,000 1,235,000
Accounts payable 221,000 (3,604,000)
Income taxes 1,498,000 (2,098,000)
Deferred rent obligations 405,000 289,000
Other liabilities (3,190,000) (1,302,000)
Net cash provided by operating activities 8,444,000 4,282,000
Cash flows from investing activities:    
Proceeds from sale of property and equipment 8,000  
Purchases of property and equipment (5,787,000) (5,224,000)
Other (89,000) (12,000)
Net cash used in investing activities (5,868,000) (5,236,000)
Cash flows from financing activities:    
Proceeds from exercise of stock options 48,000  
Net cash provided by (used in) financing activities 48,000  
Net increase (decrease) in cash and cash equivalents 2,624,000 (954,000)
Cash and cash equivalents at beginning of period 13,674,000 10,763,000
Cash and cash equivalents at end of period 16,298,000 9,809,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 12,000 23,000
Cash paid for income taxes $ 1,053,000 $ 787,000