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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 24, 2024
Sep. 26, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 1,879 $ 11,672
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,849 3,752
Net change in ROU assets and operating lease liabilities (856) 366
Recognition of deferred gain on sale of restaurant building (38) (37)
Loss (gain) on asset disposals 29 (4)
Impairment of long-lived assets 698 1,589
Stock based compensation expense 134 131
Provision for income taxes (624) (10,790)
Changes in operating assets and liabilities:    
Receivables and prepaids (355) (111)
Inventories (5)
Deposits and other assets 35 (111)
(Decrease) increase in:    
Accounts payable 449 1,866
Deferred liabilities 89 19
Accrued and other liabilities (159) (372)
Net cash provided by operating activities 5,130 7,965
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for the purchase of property and equipment (3,142) (4,771)
Acquisition of restaurants from franchisees, net of cash acquired (534) (1,326)
Payments for the purchase of non-controlling interests (4,394)
Proceeds from sale of fixed assets 14 48
Net cash used in investing activities (3,662) (10,443)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings from long-term debt 1,380 750
Payments on long-term debt (1,258)
Payment for the purchase of treasury stock (1,947) (2,274)
Payment for restricted stock vesting settled in cash (92)
Proceeds from stock option exercises 5
Contributions from non-controlling interests 200 13
Distributions to non-controlling interests (172) (648)
Net cash used in financing activities (1,797) (2,246)
DECREASE IN CASH AND CASH EQUIVALENTS (329) (4,724)
CASH AND CASH EQUIVALENTS, beginning of year 4,182 8,906
CASH AND CASH EQUIVALENTS, end of year 3,853 4,182
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 97 31
Change in accounts payable attributable to the purchase of property and equipment $ (25) $ 91