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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 18, 2019
Jun. 19, 2018
Operating activities    
Net income $ 3,517 $ 7,439
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,720 11,761
Amortization of favorable and unfavorable lease assets and liabilities, net 0 (250)
Amortization of deferred financing costs, debt discount and interest rate cap 244 194
Amortization of operating lease assets 9,915 0
Stock-based compensation 3,254 2,634
Impairment of long-lived assets 3,694 1,661
Deferred income taxes (138) 471
Loss on disposal of assets, net 884 180
Restaurant closure charges 118 65
Changes in operating assets and liabilities:    
Accounts and other receivables, net 904 1,272
Inventories 101 2
Prepaid expenses and other current assets 1,003 4,117
Other assets (67) (41)
Accounts payable 543 (2,867)
Operating lease liabilities (9,316) 0
Other accrued liabilities (1,446) 1,890
Other non-current liabilities 865 1,195
Net cash provided by operating activities 25,795 29,723
Investing activities    
Purchases of property and equipment (17,895) (17,504)
Proceeds from disposal of property and equipment, net 12,696 573
Purchases of other assets (776) (743)
Acquisition of franchisees (3,120) 0
Proceeds from sale of company-operated restaurants 2,090 0
Net cash used in investing activities (7,005) (17,674)
Financing activities    
Repurchase of common stock and warrants (7,373) (4,791)
Payment of tax withholding related to restricted stock vesting (84) (79)
Payments on finance leases, other debt and deemed landlord financing (267) (714)
Proceeds from revolving credit facility 14,000 5,000
Payments on revolving credit facility (27,000) (5,000)
Proceeds from exercise of stock options 31 122
Net cash used in financing activities (20,693) (5,462)
(Decrease) increase in cash and cash equivalents (1,903) 6,587
Cash and cash equivalents at beginning of period 7,153 6,559
Cash and cash equivalents at end of period 5,250 13,146
Supplemental cash flow information:    
Cash paid during the period for interest 3,008 3,412
Cash paid during the period for income taxes 1,764 666
Supplemental schedule of non-cash activities:    
Accrued property and equipment purchases 5,939 1,833
Write-offs of accounts receivables 21 6
Reclassification of interest rate cap amortization included in net income 47 16
Change in other asset for fair value of interest rate cap recorded to other comprehensive (loss) income, net of tax (270) 289
Operating lease right-of-use assets obtained in exchange for lease obligations 252,440 0
Finance lease right-of-use assets obtained in exchange for lease obligations 1,185 0
Impairment on operating lease right-of-use assets related to the adoption of new accounting pronouncement $ 3,116 $ 0