XML 35 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
4 Months Ended
May 21, 2012
May 23, 2011
Cash flows from operating activities:    
Net income (loss) $ 9,509 $ (2,601)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 25,467 24,938
Amortization of deferred financing costs and discount on notes 1,328 1,244
Share-based compensation expense 1,417 1,469
(Recovery of) provision for losses on accounts and notes receivable (11) 71
(Gain) loss on disposal of property and equipment (13) 557
Deferred income taxes (5,638) (1,913)
Other non-cash charges (gains) 297 (55)
Net changes in operating assets and liabilities:    
Receivables, inventories, prepaid expenses and other current and non-current assets 6,735 2,071
Estimated liability for closed restaurants and estimated liability for self-insurance 152 834
Accounts payable and other current and long-term liabilities 19,131 27,683
Net cash provided by operating activities 58,374 54,298
Cash flows from investing activities:    
Purchases of property and equipment (15,725) (13,581)
Proceeds from sale of property and equipment 350 947
Collections of non-trade notes receivable 841 572
Other investing activities 73 57
Net cash used in investing activities (14,461) (12,005)
Cash flows from financing activities:    
Net change in bank overdraft (8,790) (6,382)
Proceeds from financing method sale-leaseback transactions 29,946 0
Payment of deferred financing costs (1,676) (44)
Repayments of other long-term debt (2) (9)
Repayments of capital lease obligations (2,524) (2,506)
Net cash provided by (used in) financing activities 16,954 (8,941)
Net increase in cash and cash equivalents 60,867 33,352
Cash and cash equivalents at beginning of period 64,555 42,586
Cash and cash equivalents at end of period $ 125,422 $ 75,938