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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jul. 01, 2014
Operating activities    
Net income $ 310 $ 4,951
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,843 11,515
Deferred income taxes (1,544) 3,389
Restaurant impairment, asset disposals and closure costs 6,296 408
Amortization of debt issuance costs 49 51
Stock-based compensation 625 665
Changes in operating assets and liabilities:    
Accounts receivable 242 69
Inventories (473) (1,039)
Prepaid expenses and other assets (754) (1,957)
Accounts payable (329) 651
Deferred rent 3,322 2,797
Income taxes 1,130 (163)
Accrued expenses and other liabilities (61) (2,226)
Net cash provided by operating activities 22,656 19,111
Investing activities    
Purchases of property and equipment (21,861) (24,459)
Acquisition of franchise restaurants (628) 0
Net cash used in investing activities (22,489) (24,459)
Financing activities    
Proceeds from issuance of long-term debt 182,326 128,971
Payments on long-term debt (179,904) (125,654)
Debt issuance costs (111) 0
Acquisition of treasury stock (4,136) (71)
Other financing activities (27) (60)
Other financing activities 1,792 1,904
Net cash (used in) provided by financing activities (60) 5,090
Effect of Exchange Rate on Cash and Cash Equivalents (12) 0
Net increase (decrease) in cash and cash equivalents 95 (258)
Cash and cash equivalents    
Beginning of period 1,906 968
End of period $ 2,001 $ 710