XML 17 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jul. 01, 2018
Jul. 02, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 3,256,000 $ 11,292,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 52,065,000 55,928,000
Deferred income taxes (3,626,000) (3,589,000)
Stock-based compensation expense 227,000 336,000
Amortization of lease related liabilities (508,000) (237,000)
Amortization of original issue discount and deferred debt financing costs 2,226,000 2,273,000
Loss on asset disposals, net 2,038,000 3,716,000
Asset Impairment Charges 1,591,000 0
Noncash Rent Expense 2,931,000 2,101,000
Other adjustments 348,000 9,000
Changes in operating assets and liabilities:    
Increase (Decrease) in Receivables 2,380,000 2,770,000
Inventories 1,314,000 (7,453,000)
Prepaid expenses (7,430,000) (2,587,000)
Accounts payable 1,439,000 8,031,000
Accrued expenses 1,134,000 (3,090,000)
Other liabilities (1,089,000) 2,905,000
Income taxes (receivable) payable 14,000 54,000
Increase (Decrease) in Income Taxes Payable 4,964,000 2,933,000
Increase (Decrease) in Deferred Landlord Contributions 1,751,000 1,210,000
Net Cash Provided by (Used in) Operating Activities 65,025,000 76,602,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (36,808,000) (47,045,000)
Payments to Develop Software (1,022,000) (2,075,000)
Proceeds from Sale of Property, Plant, and Equipment 412,000 237,000
Net cash used in investing activities (37,418,000) (48,883,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of Notes Payable 0 (13,000)
Repayments on senior term loan (3,800,000) (3,800,000)
Repayments on note payable   (13,000)
Sale Leaseback Transaction, Gross Proceeds, Financing Activities 0 4,073,000
Payments of Financing Costs 395,000 0
Payments on capital lease obligations (295,000) (218,000)
Sale Leaseback Transaction, Payments, Financing Activities (1,384,000) (1,161,000)
Excess tax benefit realized from stock-based compensation   1,447,000
Adjustments to Additional Paid in Capital, Other 0 1,447,000
Net cash used in financing activities (5,874,000) 328,000
Effect of foreign exchange rate changes on cash 49,000 239,000
Change in cash, cash equivalents and restricted cash 21,782,000 28,286,000
Cash, cash equivalents and restricted cash at beginning of period 67,312,000 61,291,000
Cash, cash equivalents and restricted cash at end of period 89,094,000 89,577,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 35,906,000 31,861,000
Income taxes paid, net 421,000 7,716,000
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued construction costs $ 1,352,000 $ 2,214,000