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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 26, 2017
Mar. 27, 2016
Mar. 29, 2015
Cash flows from operating activities:      
Net income $ 7,485,000 $ 6,096,000 $ 11,703,000
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 1,297,000 1,255,000 1,253,000
Amortization of bond premium 64,000 164,000
Gain on sale of marketable equity securities (26,000)
Gain on sale of property and equipment (18,000)
Amortization of debt issuance costs 1,209,000 1,185,000 66,000
Share-based compensation expense 582,000 722,000 859,000
Income tax benefit on stock option exercises 659,000
Provision for doubtful accounts 53,000 38,000 23,000
Impairment charge – long-term investment 100,000
Deferred income taxes 101,000 (13,000) 111,000
Changes in operating assets and liabilities:      
Accounts and other receivables, net (280,000) 740,000 (2,417,000)
Insurance proceeds received for business interruption claim 718,000
Inventories 108,000 135,000 125,000
Prepaid expenses and other current assets 250,000 3,189,000 (1,403,000)
Other assets (189,000) 138,000 181,000
Accounts payable, accrued expenses and other current liabilities (673,000) (293,000) 1,779,000
Deferred franchise fees (39,000) (141,000) 44,000
Other liabilities (151,000) (691,000) 79,000
Net cash provided by operating activities 10,412,000 12,480,000 13,285,000
Cash flows from investing activities:      
Proceeds from sales and maturities of available-for-sale securities 10,868,000 8,020,000
Proceeds from disposal of property and equipment 133,000
Purchase of property and equipment (1,128,000) (1,125,000) (1,538,000)
Purchase of available-for-sale securities (3,887,000) (4,258,000)
Net cash (used in) provided by investing activities (1,128,000) 5,989,000 2,224,000
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 135,000,000
Debt issuance costs (60,000) (5,926,000)
Dividends paid to stockholders (375,000) (375,000) (115,110,000)
Repurchase of treasury stock (1,272,000) (19,231,000) (1,916,000)
Proceeds from the exercise of stock options 44,000 89,000 880,000
Income tax benefit on stock option exercises 228,000 4,572,000
Payments of withholding tax on net share settlement of share-based compensation plans (994,000) (285,000) (3,693,000)
Net cash (used in) provided by financing activities (2,597,000) (19,634,000) 13,807,000
Net increase (decrease) in cash and cash equivalents 6,687,000 (1,165,000) 29,316,000
Cash and cash equivalents, beginning of year 50,228,000 51,393,000 22,077,000
Cash and cash equivalents, end of year 56,915,000 50,228,000 51,393,000
Interest 13,500,000 13,688,000
Income taxes $ 4,049,000 $ 848,000 $ 4,545,000