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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2022
Dec. 29, 2021
Dec. 30, 2020
Cash flows from operating activities:      
Net income $ 20,801 $ 29,121 $ 24,474
Adjustments to reconcile net income to net cash flows provided by operating activities:      
Depreciation and amortization 14,418 15,176 16,878
Bad debt expense     190
Stock-based compensation expense 3,491 3,220 3,093
Income tax receivable agreement (income) expense (436) 58 139
(Gain) loss on disposition of restaurants (848) 1,534  
Loss on disposal of assets 165 289 189
Impairment of property and equipment 481 711 3,498
Amortization of deferred financing costs 340 251 252
Deferred income taxes, net 4,600 957 4,008
Changes in operating assets and liabilities:      
Accounts and other receivables 3,323 (3,444) (1,155)
Inventories (125) (218) (92)
Prepaid expenses and other current assets 71 133 1,853
Income taxes (receivable) payable (1,657) 3,410 (2,145)
Other assets (240) (1,052) (13)
Accounts payable 3,977 2,533 666
Accrued salaries and vacation (2,667) 1,373 1,548
Accrued insurance (73) 777 976
Payment related to tax receivable agreement (430) (1,658) (5,237)
Other accrued expenses and liabilities (6,642) (1,072) (8,575)
Net cash flows provided by operating activities 38,549 52,099 40,547
Cash flows from investing activities:      
Proceeds from disposition of restaurants 1,002 4,556  
Purchase of property and equipment (19,917) (17,041) (6,690)
Net cash flows used in investing activities (18,915) (12,485) (6,690)
Cash flows from financing activities:      
Proceeds from borrowings on revolver and swingline loans 46,000   59,500
Payments on revolver and swingline loan (20,000) (22,800) (93,700)
Minimum tax withholdings related to net share settlements (322) (705) (335)
Proceeds from issuance of common stock upon exercise of stock options, net of expenses 1,713 866 5,866
Common stock dividends paid (55,574)    
Payment of obligations under finance leases (162) (148) (39)
Deferred financing costs for revolver loan (842)    
Net cash flows used in financing activities (29,187) (22,787) (28,708)
(Decrease) increase in cash and cash equivalents (9,553) 16,827 5,149
Cash and cash equivalents, beginning of period 30,046 13,219 8,070
Cash and cash equivalents, end of period 20,493 30,046 13,219
Supplemental cash flow information      
Cash paid during the period for interest 1,450 1,066 2,956
Cash paid during the period for income taxes 5,100 5,968 4,225
Unpaid purchases of property and equipment $ 1,333 $ 2,454 $ 1,925