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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2019
Mar. 25, 2018
Mar. 26, 2017
Cash flows from operating activities:      
Net income $ 21,493,000 $ 2,630,000 $ 7,485,000
Adjustments to reconcile net income to net cash provided by operating activities      
Loss on debt extinguishment 8,872,000
Depreciation and amortization 1,212,000 1,352,000 1,297,000
Gain on sale of property and equipment (11,177,000)
Amortization of debt issuance costs 691,000 1,069,000 1,209,000
Share-based compensation expense 162,000 398,000 582,000
Income tax benefit on stock option exercises 310,000 173,000 659,000
Provision for doubtful accounts 100,000 34,000 53,000
Impairment charge – long lived assets 0 790,000 0
Deferred income taxes 86,000 (512,000) 101,000
Changes in operating assets and liabilities:      
Accounts and other receivables, net 229,000 (1,588,000) (280,000)
Inventories (151,000) 195,000 108,000
Prepaid expenses and other current assets 1,866,000 (1,780,000) 250,000
Other assets (172,000) 5,000 (189,000)
Accounts payable, accrued expenses and other current liabilities (3,367,000) 7,091,000 (673,000)
Deferred franchise fees (161,000) 95,000 (39,000)
Other liabilities 35,000 38,000 (151,000)
Net cash provided by operating activities 11,156,000 18,862,000 10,412,000
Cash flows from investing activities:      
Proceeds from disposal of property and equipment 12,775,000 13,000
Purchase of property and equipment (447,000) (563,000) (1,128,000)
Net cash provided by (used in) investing activities 12,328,000 (550,000) (1,128,000)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 150,000,000
Cash payments for extinguishment of debt (135,000,000)
Premium paid on extinguishment of debt (6,750,000)
Debt issuance costs (4,908,000)
Dividends paid to stockholders (4,337,000) (21,073,000) (375,000)
Repurchase of treasury stock (1,000,000) (1,272,000)
Proceeds from the exercise of stock options 134,000 0 44,000
Payments of withholding tax on net share settlement of share-based compensation plans (174,000) (157,000) (994,000)
Net cash (used in) financing activities (5,377,000) (17,888,000) (2,597,000)
Net increase in cash and cash equivalents 18,107,000 424,000 6,687,000
Cash and cash equivalents, beginning of year 57,339,000 56,915,000 50,228,000
Cash and cash equivalents, end of year 75,446,000 57,339,000 56,915,000
Cash paid during the year for:      
Interest 9,938,000 9,038,000 13,500,000
Income taxes $ 6,284,000 $ 3,584,000 $ 4,049,000
Noncash financing activity:      
Dividends declared per share (in dollars per share) $ 1 $ 5