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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2019
Jul. 03, 2018
Operating activities    
Net loss $ (1,413) $ (9,510)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,168 11,617
Deferred income taxes 0 (251)
Restaurant impairments, closure costs and asset disposals 2,784 3,669
Loss on extinguishment of debt 0 626
Amortization of debt issuance costs 250 363
Stock-based compensation 1,841 1,592
Changes in operating assets and liabilities:    
Accounts receivable (143) 837
Inventories (347) (751)
Prepaid expenses and other assets (904) (1,184)
Accounts payable (1,332) (2,909)
Deferred rent 0 (975)
Income taxes (6) (46)
Operating lease assets and liabilities (407) 0
Accrued expenses and other liabilities (2,483) (241)
Net cash provided by operating activities 9,008 2,837
Investing activities    
Purchases of property and equipment (8,217) (7,051)
Proceeds from disposal of property and equipment 352 0
Franchise restaurant acquisition, net of cash acquired (1,387) 0
Net cash used in investing activities (9,252) (7,051)
Financing activities    
Net payments from swing line loan 0 (101)
Proceeds from issuance of long-term debt 0 73,389
Payments on long-term debt (500) (66,873)
Payments on finance leases (338) 0
Stock plan transactions and tax withholding on share based compensation awards (235) (293)
Debt issuance costs 0 (1,629)
Net cash (used in) provided by financing activities (1,073) 4,493
Net (decrease) increase in cash and cash equivalents (1,317) 279
Cash and cash equivalents    
Beginning of period 4,655 3,361
End of period $ 3,338 $ 3,640