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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2020
Dec. 31, 2019
Jan. 01, 2019
Operating activities      
Net (loss) income $ (23,259) $ 1,647 $ (8,441)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 21,709 22,086 22,872
Deferred income taxes, net 40 68 (283)
Restaurant impairments, closure costs and asset disposals 4,782 7,808 6,992
Loss on extinguishment of debt 0 746 626
Amortization of debt issuance costs 371 474 607
Stock-based compensation 2,497 2,443 2,979
Gain on insurance proceeds received for property damage (200) (489) (370)
Changes in operating assets and liabilities:      
Accounts receivable (392) (630) 91
Inventories 61 (625) (541)
Prepaid expenses and other assets (14) (690) 185
Accounts payable (1,287) 406 (1,580)
Deferred rent 0 0 (1,396)
Operating lease assets and liabilities 2,847 (2,202) 0
Income taxes 59 82 (109)
Accrued expenses and other liabilities 1,910 (1,064) (16,286)
Net cash provided by operating activities 9,124 30,060 5,346
Investing activities      
Purchases of property and equipment (11,782) (17,404) (14,338)
Franchise restaurant acquisition, net of cash acquired 0 (1,387) 0
Proceeds from disposal of property and equipment 0 352 0
Insurance proceeds received for property damage 837 0 500
Net cash used in investing activities (10,945) (18,439) (13,838)
Financing activities      
Net repayments from swing line loan 0 0 (101)
Proceeds from borrowings on long-term debt 55,500 1,917 74,889
Payments on long-term debt (54,313) (5,875) (87,030)
Debt issuance costs (731) (917) (1,713)
Payment of finance leases (1,080) (690) 0
Issuance of common stock, net of transaction expenses 0 0 22,992
Stock plan transactions and tax withholding on share-based compensation awards (174) (252) 749
Net cash (used in) provided by financing activities (798) (5,817) 9,786
Net (decrease) increase in cash and cash equivalents (2,619) 5,804 1,294
Cash and cash equivalents      
Beginning of year 10,459 4,655 3,361
End of year $ 7,840 $ 10,459 $ 4,655