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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 24, 2023
Sep. 25, 2022
Cash flows from operating activities:    
Net income $ 22,737 $ 7,393
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,992 25,302
Stock-based compensation 5,386 7,821
Non-cash operating lease costs 14,132 11,907
Non-cash portion of gain on lease modifications (123) (84)
Deferred income taxes 6,566 4,353
Amortization of debt discount and deferred issuance costs 332 334
Impairments and loss on disposal of assets 618 572
Gain on insurance proceeds (643) 0
Changes in assets and liabilities:    
Accounts receivable 1,174 1,018
Inventory 458 (93)
Prepaid expenses 1,115 1,346
Other assets, current and long-term (2,758) (2,176)
Accounts payable (2,072) (3,560)
Accrued liabilities and other long-term liabilities 4,997 6,032
Accrued compensation and deferred payroll taxes 359 (5,890)
Deferred revenues, current and long-term (3,322) (2,061)
Operating lease liabilities (4,904) (5,570)
Net cash provided by operating activities 73,044 46,644
Cash flows from investing activities:    
Capital expenditures (52,770) (44,985)
Acquisitions, net of cash acquired (30,422) 0
Purchase of intangible assets (84) (715)
Insurance proceeds 643 0
Net cash used in investing activities (82,633) (45,700)
Cash flows from financing activities:    
Repayments of note payable (1,376) (2,352)
Repayments of long-term debt, including finance lease liabilities (3,519) (1,635)
Proceeds from exercise of stock options, net of employee taxes paid 5,008 628
Contingent consideration payment (198) (78)
Net cash used in financing activities (85) (3,437)
Net decrease in cash and cash equivalents and restricted cash (9,674) (2,493)
Cash and cash equivalents and restricted cash, beginning of period 49,923 52,115
Cash and cash equivalents and restricted cash, end of period 40,249 49,622
Supplemental cash flow information:    
Cash paid for interest 5,362 2,800
Cash paid for income taxes, net of refunds 1,337 777
Supplemental disclosures of non-cash investing and financing activities:    
Leased assets obtained in exchange for new operating lease liabilities 64,660 37,961
Leased assets obtained in exchange for new finance lease liabilities 145 89
Remeasurements and terminations of operating lease assets and lease liabilities (1,453) (1,861)
Remeasurements and terminations of finance lease assets and lease liabilities (43) (191)
Increase in liabilities from acquisition of property, fixtures and equipment $ 6,202 $ 2,148