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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2021
Dec. 30, 2020
Dec. 25, 2019
Cash flows from operating activities:      
Net income $ 29,121 $ 24,474 $ 24,900
Adjustments to reconcile net income to net cash flows provided by operating activities:      
Depreciation and amortization 15,176 16,878 17,855
Bad debt expense 0 190 0
Stock-based compensation expense 3,220 3,093 2,474
Income tax receivable agreement expense 58 139 57
Loss on disposition of restaurants 1,534 0 5,058
Loss on disposal of assets 289 189 266
Impairment of property and equipment 711 3,498 3,559
Amortization of deferred financing costs 251 252 251
Deferred income taxes, net 957 4,008 9,578
Changes in operating assets and liabilities:      
Accounts and other receivables (3,444) (1,155) 1,094
Inventories (218) (92) 338
Prepaid expenses and other current assets 133 1,853 (2,727)
Income taxes payable 3,410 (2,145) (448)
Other assets (1,052) (13) (412)
Accounts payable 2,533 666 (3,192)
Accrued salaries and vacation 1,373 1,548 1,044
Accrued insurance 777 976 2,364
Payment related to tax receivable agreement (1,658) (5,237) (5,764)
Other accrued expenses and liabilities (1,072) (8,575) (20,160)
Net cash flows provided by operating activities 52,099 40,547 36,135
Cash flows from investing activities:      
Proceeds from disposition of restaurants 4,556 0 4,770
Purchase of property and equipment (17,041) (6,690) (15,439)
Net cash flows used in investing activities (12,485) (6,690) (10,669)
Cash flows from financing activities:      
Proceeds from borrowings on revolver and swingline loans 0 59,500 42,000
Payments on revolver and swingline loan (22,800) (93,700) (19,000)
Minimum tax withholdings related to net share settlements (705) (335) (365)
Proceeds from issuance of common stock upon exercise of stock options, net of expenses 866 5,866 1,450
Payment of obligations under finance leases (148) (39) (68)
Repurchases of common stock 0 0 (48,382)
Net cash flows used in financing activities (22,787) (28,708) (24,365)
Increase in cash and cash equivalents 16,827 5,149 1,101
Cash and cash equivalents, beginning of period 13,219 8,070 6,969
Cash and cash equivalents, end of period 30,046 13,219 8,070
Supplemental cash flow information      
Cash paid during the period for interest 1,066 2,956 3,649
Cash paid during the period for income taxes 5,968 4,225 558
Unpaid purchases of property and equipment $ 2,454 $ 1,925 $ 746