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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2023
Jun. 29, 2022
Cash flows from operating activities:    
Net income $ 11,974 $ 9,256
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization 7,331 7,215
Stock-based compensation expense 1,613 1,796
Income tax receivable agreement income (1) (316)
Fire insurance proceeds for expenses paid and lost profit 151  
(Gain) loss on disposal of assets (50) 108
Gain on recovery of insurance proceeds, property, equipment and expenses, net (242)  
Impairment of property and equipment 53 253
Gain on disposition of restaurants (111)  
Amortization of deferred financing costs 106 126
Deferred income taxes, net 249 1,180
Changes in operating assets and liabilities:    
Accounts and other receivables (1,355) (592)
Inventories 401 68
Prepaid expenses and other current assets 189 262
Income taxes payable (receivable) 4,227 (2,316)
Other assets (81) (812)
Accounts payable (1,095) (454)
Accrued salaries and vacation 1,826 (1,891)
Accrued insurance 360 281
Other accrued expenses and liabilities (3,749) (2,344)
Net cash flows provided by operating activities 21,796 11,820
Cash flows from investing activities:    
Proceeds from disposition of restaurants 175  
Proceeds from fire insurance for property and equipment 163  
Purchase of property and equipment (9,237) (8,831)
Net cash flows used in investing activities (8,899) (8,831)
Cash flows from financing activities:    
Proceeds from borrowings on revolver and swingline loans 2,000  
Payments on revolver and swingline loan (8,000)  
Minimum tax withholdings related to net share settlements (171) (218)
Repurchases of common stock (17,784)  
Proceeds from issuance of common stock upon exercise of stock options, net of expenses 824 1,580
Payment of obligations under finance leases (76) (86)
Net cash flows (used in) provided by financing activities (23,207) 1,276
(Decrease) increase in cash and cash equivalents (10,310) 4,265
Cash and cash equivalents, beginning of period 20,493 30,046
Cash and cash equivalents, end of period 10,183 34,311
Supplemental cash flow information    
Cash paid during the period for interest 2,077 531
Cash paid during the period for income taxes 45 5,097
Unpaid purchases of property and equipment 5,894 $ 1,388
Unpaid repurchases of common stock $ 518