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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Dec. 27, 2020
Dec. 29, 2019
Mar. 29, 2020
Cash flows from operating activities:          
Net income $ 1,359,000 $ 1,213,000 $ 9,014,000 $ 10,240,000  
Adjustments to reconcile net income to net cash provided by operating activities          
Depreciation and amortization 288,000 294,000 900,000 941,000  
Non-cash rental expense     150,000 100,000  
Amortization of debt issuance costs     518,000 518,000  
Share-based compensation expense     87,000 87,000  
Income tax benefit on stock option exercises     0 228,000  
Provision for doubtful accounts     70,000 7,000 $ 71,000
Deferred income taxes     (14,000) 291,000  
Changes in operating assets and liabilities:          
Accounts and other receivables, net     (1,300,000) (270,000)  
Inventories     (37,000) (64,000)  
Prepaid expenses and other current assets     250,000 45,000  
Other assets     14,000 10,000  
Accounts payable, accrued expenses and other current liabilities     (3,852,000) (4,930,000)  
Deferred franchise fees     (137,000) (691,000)  
Other liabilities     47,000 150,000  
Net cash provided by operating activities     5,710,000 6,662,000  
Cash flows from investing activities:          
Purchase of property and equipment     (398,000) (361,000)  
Net cash used in investing activities     (398,000) (361,000)  
Cash flows from financing activities:          
Dividends paid to stockholders     (4,320,000) (4,437,000)  
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) (985,000)  
Net cash used in financing activities     (5,827,000) (4,352,000)  
Net (decrease) increase in cash and cash equivalents     (515,000) 1,949,000  
Cash and cash equivalents, beginning of period     77,117,000 75,446,000 75,446,000
Cash and cash equivalents, end of period $ 76,602,000 $ 77,395,000 76,602,000 77,395,000 $ 77,117,000
Cash paid during the period for:          
Interest     9,938,000 9,938,000  
Income taxes paid     $ 3,643,000 $ 3,269,000  
Non-cash financing activity:          
Dividends declared per share (in dollars per share) $ 0.35 $ 0.35 $ 1.05 $ 1.05