XML 28 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 26, 2020
Aug. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (29,450) $ (15,226)
Adjustments to reconcile net loss to net cash used in operating activities:    
Net provision for asset impairments and restaurant closings 10,193 5,603
Net gain on disposition of property and equipment (11,557) (12,832)
Depreciation and amortization 11,514 13,998
Amortization of debt issuance cost 1,212 1,317
Share-based compensation expense 1,034 1,140
Provision for doubtful accounts 1,624 196
Cash used in operating activities before changes in operating assets and liabilities (15,430) (5,804)
Changes in operating assets and liabilities:    
Decrease (increase) in trade accounts and other receivables 1,206 (261)
Decrease in food and supply inventories 345 590
Decrease in prepaid expenses and other assets 651 1,657
Decrease in operating lease assets 5,054  
Decrease in operating lease liabilities (10,862)  
Decrease in accounts payable, accrued expenses and other liabilities (2,561) (9,312)
Net cash used in operating activities (21,597) (13,130)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from disposal of assets and property held for sale 24,902 21,836
Purchases of property and equipment (2,120) (3,987)
Net cash provided by investing activities 22,782 17,849
CASH FLOWS FROM FINANCING ACTIVITIES:    
Revolver borrowings 4,700 42,300
Revolver repayments 0 (57,000)
Debt issuance costs 0 (3,266)
Proceeds from term loan 5,000 58,400
Proceeds from PPP Loan 10,000  
Term loan repayments (11,816) (36,107)
Tax paid on equity withheld 0 (12)
Net cash provided by financing activities 7,884 4,315
Net increase in cash and cash equivalents and restricted cash 9,069 9,034
Cash and cash equivalents and restricted cash at beginning of period 12,756 3,722
Cash and cash equivalents and restricted cash at end of period 21,825 12,756
Cash paid for:    
Income taxes 446 470
Interest $ 5,275 $ 4,452