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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 24, 2018
Mar. 25, 2017
Operating Activities:    
Net income $ 1,216 $ 1,388
Depreciation and amortization 913 901
Gain on disposal of property and equipment 0 (4)
Stock-based compensation 161 114
Gain on bargain purchase 0 (256)
Dividends received from equity method investments 0 2,168
Adjustments necessary to reconcile net income to net cash provided by operating activities 1,384 1,558
Net cash provided by operating activities 3,674 5,869
Investing Activities:    
Purchase of property and equipment (206) (197)
Acquisitions 0 (1,401)
Proceeds from sale of property and equipment 0 4
Net cash used by investing activities (206) (1,594)
Financing Activities:    
Proceeds from issuance of long-term debt 12,888 13,954
Payments on long-term debt (13,318) (15,142)
Proceeds from exercise of stock options 54 86
Cash dividends paid (1,801) (1,650)
Net cash used by financing activities (2,177) (2,752)
Net increase in cash and cash equivalents 1,291 1,523
Cash and cash equivalents, beginning of period 1,572 1,013
Cash and cash equivalents, end of period 2,863 2,536
Non-Cash Transactions    
Note payable for deferred purchase price obligation $ 0 $ 50