XML 369 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Feb. 26, 2012
Feb. 27, 2011
Cash flows from operating activities:    
Net income (loss) $ (1,680,000) $ (988,000)
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 2,598,000 2,831,000
Amortization and write off of deferred financing costs 320,000 155,000
Amortization of supply agreement advances (1,043,000) (1,214,000)
Funding from supply agreements 925,000 962,000
Deferred income taxes 352,000 638,000
Loss on restaurant assets 766,000 841,000
Changes in assets and liabilities:    
Restricted cash account 140,000 (140,000)
Receivables (8,000) (7,000)
Inventories 63,000 (33,000)
Prepaid expenses 337,000 (57,000)
Other assets (7,000) (19,000)
Accounts payable (348,000) 648,000
Accrued liabilities (720,000) 50,000
Net cash provided by operating activities 1,695,000 3,667,000
Cash flows from investing activities:    
Capital expenditures (2,019,000) (1,763,000)
Purchase of franchise agreements (24,000) (5,000)
Proceeds from sale/leaseback transactions 21,490,000 2,205,000
Proceeds from sale of fixed assets 470,000 610,000
Deposit to restricted cash (2,080,000)  
Net cash provided by (used in) investing activities 17,837,000 1,047,000
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 8,251,000 18,000
Principal payments on long-term debt (589,000) (3,095,000)
Principal payments on capital lease obligations (53,000) (44,000)
Additions to deferred financing costs (416,000)  
Bank debt repayment in advance of maturity date (26,304,000) (2,764,000)
Net cash provided by (used in) financing activities (19,111,000) (5,885,000)
Net change in cash and equivalents 421,000 (1,171,000)
Cash and equivalents, beginning balance 3,034,000 4,205,000
Cash and equivalents, ending balance $ 3,455,000 $ 3,034,000