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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 26, 2021
Dec. 27, 2020
Mar. 28, 2021
Cash flows from operating activities:          
Net income $ 2,130 $ 1,359 $ 11,438 $ 9,014  
Adjustments to reconcile net income to net cash provided by operating activities          
Depreciation and amortization 259 288 807 900  
Amortization of debt issuance costs     518 518  
Share-based compensation expense     66 87  
Provision for doubtful accounts     112 70 $ 101
Deferred income taxes     (10) (14)  
Other non-cash items     (98) 150  
Changes in operating assets and liabilities:          
Accounts and other receivables, net     (2,635) (1,300)  
Inventories     253 (37)  
Prepaid expenses and other current assets     504 250  
Other assets     128 14  
Accounts payable, accrued expenses and other current liabilities     (1,395) (3,852)  
Deferred franchise fees     249 (137)  
Other liabilities     (41) 47  
Net cash provided by operating activities     9,896 5,710  
Cash flows from investing activities:          
Purchase of property and equipment     (465) (398)  
Net cash used in investing activities     (465) (398)  
Cash flows from financing activities:          
Dividends paid to stockholders     (4,320) (4,320)  
Payments of withholding tax on net share settlement of share-based compensation plans     (7) (6)  
Repurchase of treasury stock     0 (1,501)  
Net cash used in financing activities     (4,327) (5,827)  
Net increase (decrease) in cash and cash equivalents     5,104 (515)  
Cash and cash equivalents, beginning of period     81,064 77,117 77,117
Cash and cash equivalents, end of period $ 86,168 $ 76,602 86,168 76,602 $ 81,064
Cash paid during the period for:          
Interest     9,938 9,938  
Income taxes paid     $ 3,558 $ 3,643  
Non-cash financing activity:          
Dividends declared per share (in dollars per share) $ 0.35 $ 0.35 $ 1.05 $ 1.05