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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2018
Dec. 27, 2017
Dec. 28, 2016
Cash flows from operating activities:      
Net income $ 43,693 $ 39,594 $ 19,402
Adjustments to reconcile net income to cash flows provided by operating activities:      
Depreciation and amortization 27,039 23,720 22,178
Operating (gains), losses and other charges, net 2,620 4,329 26,910
Amortization of deferred financing costs 607 596 593
Gain (loss) on investments (9) 0 0
(Gain) loss on early extinguishments of debt and leases (171) 130 (5)
Deferred income tax expense 6,193 10,271 8,844
Increase of tax valuation allowance 121 216 132
Share-based compensation 6,038 8,541 7,610
Decrease (increase) in assets:      
Receivables (4,722) (807) (2,922)
Inventories 141 (192) 71
Other current assets 921 (2,380) 4,622
Other assets 2 (6,327) (3,582)
Increase (decrease) in liabilities:      
Accounts payable (5,147) 10,025 4,770
Accrued salaries and vacations 2,175 (6,446) (7,370)
Accrued taxes 283 (23) 96
Other accrued liabilities (1,676) 135 (10,217)
Other noncurrent liabilities (4,418) (3,113) 30
Net cash flows provided by operating activities 73,690 78,269 71,162
Cash flows from investing activities:      
Capital expenditures (22,025) (18,811) (19,749)
Acquisition of restaurants and real estate (10,416) (12,353) (14,282)
Proceeds from disposition of property 3,052 2,318 1,932
Investment purchases (1,700) 0 0
Collections on notes receivable 2,740 4,405 1,676
Issuance of notes receivable (3,668) (2,706) (2,233)
Net cash flows used in investing activities (32,017) (27,147) (32,656)
Cash flows from financing activities:      
Revolver borrowings 136,000 391,900 79,000
Revolver payments (108,500) (351,400) (55,500)
Long-term debt payments (3,181) (3,322) (3,200)
Tax withholding on share-based payements (1,714) 0 0
Deferred financing costs 0 (1,602) 0
Purchase of treasury stock (61,237) (83,050) (51,643)
Purchase of equity forward contract (6,763) 0 (6,884)
Proceeds from exercise of stock options 1,225 655 889
Net bank overdrafts 2,540 (1,912) (247)
Net cash flows used in financing activities (41,630) (48,731) (37,585)
Increase in cash and cash equivalents 43 2,391 921
Cash and cash equivalents at beginning of period 4,983 2,592 1,671
Cash and cash equivalents at end of period $ 5,026 $ 4,983 $ 2,592