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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Cash flows from operating activities:    
Net income $ 697 $ 13,311
Adjustments to reconcile net income to cash flows provided by operations:    
Depreciation and amortization 1,552 1,045
Stock-based compensation 318 137
Net gain on disposal (8) (477)
Gain on bargain purchase   (14,364)
Deferred income taxes 82 (399)
Other non-cash items 186 (19)
Accounts receivable, net 598 (720)
Prepaid expenses and other assets (2,579) 781
Accounts payable 1,635 3,130
Accrued and other liabilities 323 (2,687)
Cash flows provided by (used for) operating activities 2,804 (262)
Cash flows from investing activities:    
Proceeds from the sale of assets 691  
Purchases of property, equipment and leasehold improvements   (949)
Payments for acquired restaurants   (3,969)
Payments received on note receivable 6 12
Cash flows provided by (used for) investing activities 697 (4,906)
Cash flows from financing activities:    
Proceeds from long-term debt   8,101
Payments for debt issuance costs   (35)
Cash (used for) provided by financing activities (519) 8,066
Increase (decrease) in cash, cash equivalents and restricted cash 2,982 2,898
Cash, cash equivalents and restricted cash, beginning of period 19,603 6,086
Cash, cash equivalents and restricted cash, end of period 22,585 8,984
Supplemental Disclosures    
Cash paid (received) for interest, net $ 116 (15)
Non-cash investing and financing activities:    
Gift card liability assumed pursuant to acquisitions   3,968
Inventory acquired pursuant to acquisitions   $ 1,178