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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2020
Sep. 29, 2019
Mar. 29, 2020
Cash flows from operating activities:          
Net income $ 3,655,000 $ 3,658,000 $ 7,655,000 $ 9,027,000  
Adjustments to reconcile net income to net cash provided by operating activities          
Depreciation and amortization 302,000 337,000 612,000 647,000  
Loss on disposal of property and equipment 0 2,000 0 2,000  
Non-cash rental expense     127,000 0  
Amortization of debt issuance costs     346,000 346,000  
Share-based compensation expense     58,000 58,000  
Income tax benefit on stock option exercises     0 228,000  
Provision for doubtful accounts     27,000 23,000 $ 71,000
Deferred income taxes     (16,000) (16,000)  
Changes in operating assets and liabilities:          
Accounts and other receivables, net     2,114,000 (2,020,000)  
Inventories     (179,000) (80,000)  
Prepaid expenses and other current assets     560,000 412,000  
Other assets     9,000 5,000  
Accounts payable, accrued expenses and other current liabilities     (2,166,000) (2,171,000)  
Deferred franchise fees     (83,000) (489,000)  
Other liabilities     43,000 123,000  
Net cash provided by operating activities     9,107,000 6,095,000  
Cash flows from investing activities:          
Purchase of property and equipment     (318,000) (182,000)  
Net cash used in investing activities     (318,000) (182,000)  
Cash flows from financing activities:          
Dividends paid to stockholders     (2,880,000) (2,958,000)  
Proceeds from exercise of stock options     0 1,078,000  
Payments of withholding tax on net share settlement of share-based compensation plans     (6,000) (8,000)  
Repurchase of treasury stock     (1,501,000) 0  
Net cash used in financing activities     (4,387,000) (1,888,000)  
Net increase in cash and cash equivalents     4,402,000 4,025,000  
Cash and cash equivalents, beginning of period     77,117,000 75,446,000 75,446,000
Cash and cash equivalents, end of period $ 81,519,000 $ 79,471,000 81,519,000 79,471,000 $ 77,117,000
Cash paid during the period for:          
Interest     4,969,000 4,969,000  
Income taxes     $ 2,743,000 $ 2,955,000  
Non-cash financing activity:          
Dividends declared per share (in dollars per share) $ 0.35 $ 0.35 $ 0.70 $ 0.70