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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 04, 2017
Jun. 28, 2016
Operating activities    
Net loss $ (28,660) $ (16,460)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 12,546 13,977
Deferred income taxes 271 1,083
Restaurant impairments, closure costs and asset disposals 19,441 11,889
Amortization of debt issuance costs 185 58
Stock-based compensation 945 849
Non-cash gain on litigation settlement (421) 0
Changes in operating assets and liabilities:    
Accounts receivable 2,465 (383)
Inventories (468) (301)
Prepaid expenses and other assets 46 4,171
Accounts payable 17 (4,802)
Deferred rent 1,479 2,835
Income taxes 60 42
Accrued expenses and other liabilities (16,137) (677)
Net cash provided by operating activities (8,231) 12,281
Investing activities    
Purchases of property and equipment (12,213) (24,016)
Net cash used in investing activities (12,213) (24,016)
Financing activities    
Net (repayments) borrowings from swing line loan 6,947 215
Proceeds from issuance of long-term debt 6,757 11,500
Payments on long-term debt (37,015) (1,000)
Issuance of preferred stock and common stock warrants, net of transaction expenses 16,589 0
Issuance of common stock, net of transaction expenses 29,110 0
Proceeds from exercise of stock options, warrants and employee stock purchase plan 37 876
Other financing activities (662) (2)
Net cash provided by (used in) financing activities 21,763 11,589
Effect of exchange rate changes on cash 2 127
Net increase in cash and cash equivalents 1,321 (19)
Cash and cash equivalents    
Beginning of period 1,837 1,912
End of period $ 3,158 $ 1,893