v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 24, 2017
Sep. 25, 2016
Cash flows from operating activities:    
Net income $ 500 $ 6,409
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 18,960 16,996
Deferred income tax   397
Deferred rent and landlord allowances 1,924 1,912
Amortization of stock compensation expense 3,263 2,266
Excess tax deficiency (benefit) from stock-based compensation 292 (24)
Asset impairment, store closure and disposal of property and equipment 5,922 2,897
Amortization of debt issuance costs 28 25
Changes in operating assets and liabilities:    
Accounts receivable, net (1,422) (61)
Inventories 54 141
Prepaid expenses and other assets (2,650) (457)
Accounts payable 699 (1,496)
Accrued and other liabilities 798 4,566
Net cash provided by operating activities 28,368 33,571
Cash flows from investing activities:    
Acquisition of franchise shop   (1,108)
Purchases of property and equipment (23,526) (19,883)
Net cash used in investing activities (23,526) (20,991)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,181 5,746
Proceeds from exercise of stock warrants 1,972  
Treasury stock repurchases (8,853) (20,447)
Excess tax benefit from stock-based compensation   24
Contributions from non-controlling interest 11 74
Distributions to non-controlling interest (354) (249)
Net cash used in financing activities (6,043) (14,852)
Net decrease in cash and cash equivalents (1,201) (2,272)
Cash and cash equivalents at beginning of period 23,379 32,006
Cash and cash equivalents at end of period 22,178 29,734
Supplemental cash flow information:    
Income taxes paid 3,346 2,265
Interest paid 73 82
Supplemental non-cash investing and financing activities:    
Unpaid liability for purchases of property and equipment $ 2,752 $ 3,142