Dispositions (Tables)

3 Months Ended

Apr. 03, 2022

Discontinued Operations and Disposal Groups [Abstract]

Dispositions

A summary of the results of the discontinued operations for the three months ended April 4, 2021 is as follows:

	Three Months Ended
	April 4, 2021
Major classes of line items constituting pretax loss of discontinued operations:
Revenues:
Total revenues	$	56,524
Costs and expenses:
Cost of sales	15,785
Restaurant wages and related expenses (including stock-based compensation expense of $26)	17,705
Restaurant rent expense	5,756
Other restaurant operating expenses	8,991
General and administrative (including stock-based compensation expense of $127)	3,902
Depreciation and amortization	3,838
Other income and expense items that are not major	1,723
Total operating expenses	57,700
Loss from operations	(1,176)
Interest expense	1,962
Loss from discontinued operations before income taxes	(3,138)
Benefit from income taxes	(1,744)
Loss from discontinued operations, net of tax	$	(1,394)

A summary of significant investing activity and non-cash operating, investing, and financing activity of the discontinued operations for the three months ended April 4, 2021 is as follows:

	Three Months Ended
	April 4, 2021
Non-cash operating activities:
Gain on disposals of property and equipment, net	$	(245)
Stock-based compensation	153
Impairment and other lease charges (recoveries)	(70)
Depreciation and amortization	3,838
Investing activities:
Capital expenditures:
New restaurant development	$	—
Restaurant remodeling	(500)
Other restaurant capital expenditures	(1,458)
Corporate and restaurant information systems	(73)
Total capital expenditures	(2,031)
Proceeds from sale-leaseback transactions	3,083
Net cash provided by investing activities – discontinued operations	$	1,052
Supplemental cash flow disclosures:
Interest paid on long-term debt	$	1,660
Supplemental cash flow disclosures of non-cash investing and financing activities:
Accruals for capital expenditures	$	768
Right-of-use assets obtained in exchange for lease liabilities:
Operating lease ROU assets	4,493
Right-of-use assets and lease liabilities reduced for terminated leases:
Operating lease ROU assets	838
Operating lease liabilities	1,080