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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2021
Jun. 24, 2020
Cash flows from operating activities:      
Net income (loss) $ 8,818 $ 12,782 $ 9,099
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:      
Depreciation and amortization 3,917 7,855 8,537
Stock-based compensation expense 1,000 1,894 1,261
Income tax receivable agreement expense (income) 27 (50) 170
Loss on assets held for sale 1,524 1,524  
Loss on disposal of assets 85 111 127
Impairment of property and equipment 400 666 1,972
Amortization of deferred financing costs   126 126
Deferred income taxes, net   881 (363)
Changes in operating assets and liabilities:      
Accounts and other receivables   (507) (7,610)
Inventories   73 55
Prepaid expenses and other current assets   558 3,021
Income taxes receivable/payable   2,014  
Other assets   (312) 339
Accounts payable   (557) 3,610
Accrued salaries and vacation   279 (2,342)
Accrued insurance   362 698
Payment related to tax receivable agreement     2,069
Other accrued expenses and liabilities   (1,075) (9,687)
Net cash flows provided by operating activities   26,624 11,082
Cash flows from investing activities:      
Proceeds from disposition of restaurants   4,556  
Purchase of property and equipment   (8,828) (2,479)
Net cash flows used in investing activities   (4,272) (2,479)
Cash flows from financing activities:      
Proceeds from borrowings on revolver and swingline loans     52,500
Payments on revolver and swingline loan   (22,800) (10,700)
Minimum tax withholdings related to net share settlements   (660) (280)
Proceeds from issuance of common stock upon exercise of stock options, net of expenses   566 2,165
Payment of obligations under finance leases   (53) (16)
Net cash flows used in financing activities   (22,947) 43,669
Increase (decrease) in cash and cash equivalents   (595) 52,272
Cash and cash equivalents, beginning of period   13,219 8,070
Cash and cash equivalents, end of period $ 12,624 12,624 60,342
Supplemental cash flow information      
Cash paid during the period for interest   598 1,738
Cash paid during the period for income taxes   2,094 434
Unpaid purchases of property and equipment   $ 1,038 $ 846