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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Cash flows provided by operating activities:    
Net income $ 3,664 $ 864
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposals of property and equipment, including sale-leasebacks transactions (1,429) (1,521)
Stock-based compensation 1,989 1,097
Impairment and other lease charges 1,356 1,340
Depreciation and amortization 18,512 18,718
Amortization of deferred financing costs 512 543
Amortization of discount on debt 27 32
Deferred income taxes (223) 1,142
Changes in other operating assets and liabilities (12,071) (14,222)
Net cash provided by operating activities 12,337 7,993
Cash flows used for investing activities:    
New restaurant development (2,582) (858)
Restaurant remodeling (6,461) (2,035)
Other restaurant capital expenditures (4,289) (3,774)
Corporate and restaurant information systems (3,058) (1,322)
Total capital expenditures (16,390) (7,989)
Proceeds from sale of other assets 1,851 0
Properties purchased for sale-leaseback 2,573 0
Proceeds from insurance recoveries 1,726 1,126
Net cash used for investing activities (15,386) (6,863)
Cash flows used in financing activities:    
Principal payments on Term B Loans (1,063) (1,063)
Borrowings under revolving credit facility 0 11,000
Repayments under revolving credit facility 0 (23,500)
Principal payments on finance lease liabilities (935) (755)
Purchase of treasury shares (1,427) (295)
Net cash used in financing activities (3,425) (14,613)
Net decrease in cash and cash equivalents (6,474) (13,483)
Cash and cash equivalents, beginning of period 44,504 18,364
Cash and cash equivalents, end of period 38,030 4,881
Supplemental disclosures:    
Interest paid on long-term debt 10,184 12,137
Interest paid on lease financing obligations 0 0
Interest on lease liabilities 156 208
Accruals for capital expenditures 1,787 1,945
Finance lease obligations incurred 83 20
Gain on sale-leaseback transactions 0 822
Accruals for costs associated with issuance of long term debt 4,628 10,819
Operating cash flows related to operating leases $ 25,983 $ 25,739