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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 19, 2016
Mar. 21, 2015
Operating Activities:    
Net income $ 1,697 $ 3,497
Reconciling adjustments:    
Depreciation and amortization 1,610 1,104
Gain on disposal of property and equipment (154) 0
Stock-based compensation 107 107
Dividends received from equity method investments 1,060 0
Adjustments necessary to reconcile net income to net cash provided by operating activities (2,643) (1,819)
Net cash provided by operating activities 1,677 2,889
Investing Activities:    
Purchase of property and equipment (546) (468)
Acquisitions (9,459) 0
Proceeds from sale of property and equipment 193 0
Net cash used by investing activities (9,812) (468)
Financing Activities:    
Net increase (decrease) in notes payable 6,111 (2,458)
Principal payments on long-term debt (400) (394)
Proceeds from issuance of long-term debt 5,000 0
Proceeds from exercise of stock options 353 96
Deferred financing fees (83) 0
Cash dividends paid (1,568) (1,403)
Director stock compensation 0 28
Net cash provided by (used by) financing activities 9,413 (4,131)
Net increase (decrease) in cash and cash equivalents 1,278 (1,710)
Cash and cash equivalents, beginning of period 1,982 3,232
Cash and cash equivalents, end of period 3,260 1,522
Supplemental Cash Flows Information    
Dividends payable $ 2 $ 1