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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 29, 2019
Dec. 23, 2018
Cash flows from operating activities:    
Net income $ 10,240 $ 19,001
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 941 962
(Gain) on disposal of property and equipment (11,177)
Amortization of debt issuance costs 518 518
Share-based compensation expense 87 133
Income tax benefit on stock option exercises 228 47
Provision for doubtful accounts 7 48
Deferred income taxes 291 (27)
Non-cash rental expense 100
Changes in operating assets and liabilities:    
Accounts and other receivables, net (270) 865
Inventories (64) (98)
Prepaid expenses and other current assets 45 2,270
Other assets 10 (48)
Accounts payable, accrued expenses and other current liabilities (4,930) (5,196)
Deferred franchise fees (691) 53
Other liabilities 150 22
Net cash provided by operating activities 6,662 7,373
Cash flows from investing activities:    
Proceeds from disposal of property and equipment 12,775
Purchase of property and equipment (361) (326)
Net cash (used in) provided by investing activities (361) 12,449
Cash flows from financing activities:    
Dividends paid to stockholders (4,437) (3,289)
Proceeds from exercise of stock options 1,078 134
Payments of withholding tax on net share settlement of share-based compensation plans (8) (174)
Repurchase of treasury stock (985) (1,000)
Net cash (used in) financing activities (4,352) (4,329)
Net increase in cash and cash equivalents 1,949 15,493
Cash and cash equivalents, beginning of period 75,446 57,339
Cash and cash equivalents, end of period 77,395 72,832
Cash paid during the period for:    
Interest 9,938 9,936
Income taxes paid $ 3,269 $ 2,658
Noncash financing activity:    
Dividends declared per share (in dollars per share) $ 1.05 $ 0.75