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Condensed Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2017
Sep. 28, 2016
Interest Paid $ 2,475 $ 2,355
Net income 8,657 17,921
Depreciation and amortization 13,646 11,796
Stock-based compensation expense 738 244
Fire insurance proceeds for expenses paid and lost profit 0 257
Income tax receivable agreement (income) expense 107 411
(Loss) gain on disposition of restaurants 0 28
Loss on disposal of assets (724) (524)
Gain on recovery of insurance proceeds, property, equipment and expenses 0 500
Gain On Business Interruption Insurance Recovery Property Equipment And Expenses 0 741
Gain on recovery of insurance proceeds, lost profits 0 502
Impairment of property and equipment 15,480 2,508
Closed-store reserve 1,813 116
Amortization of deferred financing costs 228 229
Amortization of favorable and unfavorable leases, net (88) (51)
Excess income tax benefit related to share-based compensation plans 0 169
Deferred income taxes, net 5,066 11,624
Increase (Decrease) in Accounts and Other Receivables 1,075 2,066
Increase (Decrease) in Inventories 121 (57)
Increase (Decrease) in Prepaid Expense and Other Assets (88) 770
Increase (Decrease) in Income Taxes (117) 134
Increase (Decrease) in Other Operating Assets (28) (94)
Increase (Decrease) in Accounts Payable 747 (6,269)
Increase (Decrease) in Employee Related Liabilities 3,561 2,538
Increase (Decrease) in Insurance Liabilities 104 140
Increase (Decrease) in Other Accrued Liabilities 2,499 1,673
Increase (Decrease) in Restricted Cash (125) 0
Net cash flows provided by operating activities 52,210 39,670
Proceeds from sale of restaurant 0 1,465
Fire insurance proceeds for property and equipment 0 743
Purchase of property and equipment 28,295 26,465
Net cash flows used in investing activities (28,295) (24,257)
Payments on revolver loan 19,000 16,000
Proceeds from issuance of common stock upon exercise of stock options, net of expenses 93 978
Payment of obligations under capital leases 114 132
Excess income tax benefit related to share-based compensation plans 0 169
Net cash flows used in financing activities (19,021) (14,985)
Increase in cash and cash equivalents 4,894 428
Cash and cash equivalents 7,062 6,529
Income Taxes Paid 320 173
Capital Expenditures Incurred but Not yet Paid $ 3,131 $ 4,599