XML 56 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (21,663,000) $ (177,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,371,000 3,631,000
Stock-based compensation 214,000 162,000
Decrease (increase) in deferred income taxes 10,201,000 (157,000)
Gift card breakage (120,000) (149,000)
Amortization of deferred income for co-branded credit card (275,000) (563,000)
Amortization of deferred rent (681,000) (1,177,000)
Change in assets and liabilities:    
Decrease in receivables and income tax receivables 26,000 758,000
Decrease (increase) in inventories 1,925,000 (192,000)
Decrease (increase) in prepaid expenses and other current assets 218,000 (904,000)
Decrease in accounts payable (5,726,000) (1,608,000)
Increase (decrease) in accrued liabilities, accrued compensation and other liabilities 1,426,000 (109,000)
Net cash used in operating activities (11,084,000) (485,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of marketable securities (2,000,000) (5,522,000)
Maturities of marketable securities 5,013,000 2,511,000
Proceeds from insurance recovery   181,000
Certificates of deposit - restricted 750,000  
Purchase of equipment and leasehold improvements (3,570,000) (4,860,000)
Net cash provided by (used in) investing activities 193,000 (7,690,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 13,419,000  
Payment of issuance costs (1,804,000)  
Payments of deferred financing costs (231,000)  
Net cash provided by financing activities 11,384,000  
Net increase (decrease) in cash and equivalents 493,000 (8,175,000)
Cash and equivalents, at beginning of period 12,360,000 22,509,000
Cash and equivalents, at end of period 12,853,000 14,334,000
Supplemental disclosure of cash flow information:    
Income taxes paid 115,000 187,000
Supplemental disclosure of non-cash investing and financing activities:    
Accrued fixed asset additions 321,000 199,000
Accrued issuance costs 148,000  
Accrued deferred financing costs 136,000  
Prepaid stock-based compensation $ 24,000 $ 47,000