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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 2,461 $ 5,073
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Stock-based compensation 112 47
Asset impairment on closure of Durgin-Park 1,067 0
Gain (Loss) on Leasehold Improvements 2,857 0
Deferred income taxes (1,118) (1,497)
Accrued interest on note receivable from NMR (61) (57)
Depreciation and amortization 5,233 5,074
Amortization of deferred financing costs 35 21
Operating lease deferred credit (499) (347)
Changes in operating assets and liabilities:    
Accounts receivable 831 (99)
Inventories (48) (102)
Prepaid, refundable and accrued income taxes 752 224
Prepaid expenses and other current assets 513 441
Other assets 35 2
Accounts payable - trade (1,475) 269
Accrued expenses and other current liabilities (80) 526
Net cash provided by operating activities 10,615 9,575
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (3,419) (5,063)
Loans and advances made to employees (224) (136)
Payments received on employee receivables 196 149
Interest payments received from NMR 276 0
Purchase of JB's on the Beach, net of cash acquired (25) 0
Net cash used in investing activities (3,196) (5,050)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable (1,608) (2,067)
Borrowings under credit facility 650 5,086
Repayments of borrowings under credit facility (650) 0
Payment of debt financing costs (51) (125)
Dividends paid (3,481) (3,443)
Proceeds from issuance of stock upon exercise of stock options 268 604
Distributions to non-controlling interests (382) (974)
Net cash used in financing activities (5,254) (919)
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,165 3,606
CASH AND CASH EQUIVALENTS, Beginning of year 5,012 1,406
CASH AND CASH EQUIVALENTS, End of year 7,177 5,012
Cash paid during the year for:    
Interest 1,420 1,008
Income taxes 732 127
Non-cash investing activities:    
Landlord provided fixed assets 8,653 0
Non-cash financing activities:    
Note payable in connection with the purchase of JB's on the Beach 7,000 0
Refinancing of credit facility borrowings to term notes 3,200 4,430
Accrued dividend $ 875 $ 868