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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jul. 02, 2019
Operating activities    
Net loss $ (19,313) $ (1,413)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 10,732 11,168
Deferred income taxes 47 0
Restaurant impairments, closure costs and asset disposals 3,029 2,784
Amortization of debt issuance costs 149 250
Stock-based compensation 1,253 1,841
Changes in operating assets and liabilities:    
Accounts receivable 1,190 (143)
Inventories 306 (347)
Prepaid expenses and other assets 87 (904)
Accounts payable 2,722 (1,332)
Income taxes (77) (6)
Operating lease assets and liabilities 7,507 (407)
Accrued expenses and other liabilities (925) (2,483)
Net cash provided by operating activities 6,707 9,008
Investing activities    
Purchases of property and equipment (6,810) (8,217)
Proceeds from Sale of Property, Plant, and Equipment 0 352
Franchise restaurant acquisition, net of cash acquired 0 (1,387)
Net cash used in investing activities (6,810) (9,252)
Financing activities    
Proceeds from issuance of long-term debt 55,500 0
Payments on long-term debt (2,375) (500)
Payments on finance leases (402) (338)
Debt issuance costs (731) 0
Stock plan transactions and tax withholding on share-based compensation awards (272) (235)
Net cash provided by (used in) financing activities 51,720 (1,073)
Net increase (decrease) in cash and cash equivalents 51,617 (1,317)
Cash and cash equivalents    
Beginning of period 10,459 4,655
End of period $ 62,076 $ 3,338