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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 21, 2020
Mar. 23, 2019
Operating Activities:    
Net income $ 1,951 $ 267
Reconciling adjustments:    
Depreciation and amortization 928 936
Provision for doubtful accounts 77 212
Stock-based compensation 136 144
Adjustments necessary to reconcile net income to net cash provided by operating activities 767 (1,311)
Changes in    
Net cash provided by operating activities 3,859 248
Investing Activities:    
Purchase of property and equipment (351) (623)
Payment on note payable related to an acquisition (135) 0
Net cash used by investing activities (486) (623)
Financing Activities:    
Proceeds from issuance of long-term debt 679 14,200
Payments on long-term debt (679) (10,538)
Proceeds from exercise of stock options   118
Deferred financing fees   (96)
Purchase of stock (1,326) (25)
Cash dividends paid (1,762) (1,809)
Net cash provided (used) by financing activities (3,088) 1,850
Net increase in cash and cash equivalents 285 1,475
Cash and Cash Equivalents, beginning of period 5,882 2,824
Cash and Cash Equivalents, end of period $ 6,167 $ 4,299