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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 24, 2023
Dec. 25, 2022
Dec. 24, 2023
Dec. 25, 2022
Mar. 26, 2023
Cash flows from operating activities:          
Net income $ 2,607 $ 3,263 $ 15,706 $ 16,358  
Adjustments to reconcile net income to net cash provided by operating activities          
Depreciation and amortization 268 303 896 837  
Loss on debt extinguishment 169 0 169 0  
Gain on disposal of property and equipment     (0) (87)  
Amortization of debt issuance costs     276 381  
Share-based compensation expense     546 81  
Provision for uncollectible accounts     75 114 $ 457
Deferred income taxes     172 (2)  
Other non-cash items     (111) (114)  
Changes in operating assets and liabilities:          
Accounts and other receivables, net     1,147 218  
Inventories     (15) 186  
Prepaid expenses and other current assets     308 332  
Other assets     20 20  
Accounts payable, accrued expenses and other current liabilities     (5,394) (4,856)  
Deferred franchise fees     (256) (376)  
Other liabilities     57 63  
Net cash provided by operating activities     13,596 13,329  
Cash flows from investing activities:          
Insurance proceeds for property and equipment     0 42  
Purchase of property and equipment     (243) (564)  
Net cash used in investing activities     (243) (522)  
Cash flows from financing activities:          
Cash payments for extinguishment of debt     (20,000) 0  
Dividends paid to stockholders     (6,120) (5,524)  
Repurchase of treasury stock     0 (1,892)  
Payments of withholding tax on net share settlement of share-based compensation plans     362 (0)  
Net cash used in financing activities     (26,482) (7,416)  
Net (decrease) increase in cash and cash equivalents     (13,129) 5,391  
Cash and cash equivalents, beginning of period     29,861 50,063 50,063
Cash and cash equivalents, end of period $ 16,732 $ 55,454 16,732 55,454 $ 29,861
Cash paid during the period for:          
Interest     5,477 7,288  
Income taxes paid     $ 6,149 $ 5,041  
Non-cash financing activity:          
Dividends declared per share (in dollars per share) $ 0.5 $ 0.45 $ 1.5 $ 1.35