Ark restaurants corp (ARKR)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,671

-942

4,094

-676

-15

-

1,096

2,926

-690

1,741

1,741

1,275

1,684

-287

2,085

1,411

4,060

-457

476

2,333

3,623

-441

877

2,482

2,697

150

856

1,715

3,289

-140

247

2,766

3,279

-10

1,115

483

2,827

-1,102

96

Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Stock-based compensation

12

23

65

12

12

-

47

-13

13

-

0

-

-

-

-

0

79

104

103

113

105

103

105

105

87

77

80

79

79

79

80

79

29

0

0

0

35

77

78

Asset impairment on closure of Durgin-Park

0

0

0

0

1,067

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of notes receivable from former president

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-132

0

132

-66

-

-

-

-

Loss on closure of Durgin-Park

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-16

-

-

-

-

-

-

-

-

0

0

0

-256

-730

0

730

-365

-

-

-

-

Gain on sale of Ark Jupiter RI, LLC

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

125

-1,240

32

64

26

-

-430

125

-1

-1,191

-1,191

1,473

41

49

-13

594

538

-3

5

-

-

-

-

-257

-148

-1

-2

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest on note receivable from NMR

13

13

19

14

15

-

14

15

14

14

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

1,195

1,665

1,175

1,187

1,206

-

1,237

1,255

1,279

1,303

1,303

874

1,006

769

1,483

1,169

1,109

1,137

1,138

1,107

1,105

1,098

1,105

1,235

1,131

1,106

1,147

1,124

1,082

921

1,176

1,134

1,096

923

957

1,030

922

867

1,150

Amortization of deferred financing costs

10

10

9

8

8

-

8

4

3

6

6

11

12

12

11

11

12

11

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease deferred credit

98

149

83

96

171

-

95

96

78

78

78

-41

-42

-41

52

30

25

47

118

105

107

106

105

99

97

94

97

-217

81

95

85

-434

-2,059

1,109

-25

73

-18

41

-78

Excess tax benefits related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-214

-1,079

568

120

-440

-

-57

-28

168

16

16

-205

-360

186

-18

418

75

-848

884

-470

954

550

-829

1,034

-706

625

-649

-91

303

-147

-1,143

-506

1,424

-1,174

368

-1,200

923

527

-432

Inventories

1,025

-28

122

-74

28

-

31

75

-40

36

36

-119

-376

326

-24

-33

21

-97

-22

60

55

-44

53

-39

36

14

32

6

113

-78

62

-16

479

-248

17

-27

-18

-24

18

Prepaid, refundable and accrued income taxes

-186

600

-807

-251

-294

-

166

-427

149

-112

-112

2,442

-543

329

-855

1,292

-812

93

1,313

-1,662

-513

633

114

-1,133

-750

456

-359

-

-

-

-127

-164

2,034

-1,272

531

-1,087

-380

537

829

Prepaid expenses and other current assets

-315

-540

117

-156

66

-

-47

-124

-82

-188

-188

-222

-448

594

-470

-159

178

281

-109

583

35

469

-213

-210

165

304

31

181

0

55

-185

619

163

-213

106

-6

150

-533

247

Other assets

-2

0

-246

252

-41

-

-

-

-

-

-

364

24

-184

-29

492

483

139

-249

276

77

89

3

-19

96

203

6

-

-

-

-

-34

38

24

-14

-146

99

383

70

Accounts payable - trade

769

151

-1,097

-8

-521

-

435

27

-484

291

291

214

541

532

587

-228

523

-489

-137

581

214

-250

70

-177

-255

1,155

-889

433

174

-155

-423

47

197

-249

212

-344

579

-156

-1,312

Accrued expenses and other current liabilities

-911

454

328

576

-1,438

-

-203

597

1,273

-1,141

-1,141

319

130

1,208

-2,036

408

-1,095

1,306

-637

-131

267

1,010

-1,150

656

-215

595

25

770

-1,116

1,888

-1,140

194

-572

640

-1,034

-654

845

807

161

Net cash provided by operating activities

2,452

3,863

4,750

1,162

840

-

2,000

5,341

1,069

1,165

1,165

2,011

5,159

1,356

1,824

1,325

5,256

1,993

-961

4,768

5,045

-278

1,766

4,101

4,359

1,386

2,059

5,165

4,130

2,260

1,504

5,733

5,226

1,766

698

4,929

4,452

-370

-481

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of fixed assets

777

931

1,019

915

554

-

361

1,036

1,125

2,541

2,541

2,061

7,278

2,849

1,716

678

932

346

204

582

1,261

619

742

888

1,234

694

782

303

1,855

716

409

167

1,565

3,874

2,389

440

784

274

1,274

Purchase of management rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

200

200

-

-

-

-

Consolidated cash balances of VIEs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

109

0

648

Loans and advances made to employees

68

425

-65

-249

113

-

206

-23

-22

-25

-25

-52

-44

-5

-20

-37

-46

-44

-71

-137

-23

-29

-58

-23

-70

-17

-151

-19

-61

-9

-35

-20

-63

-47

-45

-62

-7

-9

-59

Payments received on employee receivables

49

57

46

45

48

-

15

40

44

50

50

41

53

36

45

66

42

72

50

27

42

42

50

66

63

37

42

23

32

27

35

13

29

20

25

62

31

13

33

Payments received on note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

131

122

141

329

239

38

-

-

-

-

-

-

-

-

0

34

34

34

Additional investment in Meadowlands Newmark LLC

-

-

-

-

-

-

-

-

-

-

-

0

444

2,252

-2,474

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

140

301

1,129

125

1,572

319

Proceeds from sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,742

320

1,122

0

5,014

1,743

Net cash used in investing activities

-796

-621

-1,063

-893

-619

-

-412

-1,019

-1,103

-2,516

-2,516

-2,072

-7,269

-3,040

-2,260

-

-

-

-942

-1,203

-1,353

-475

-628

-818

-2,412

-1,645

-1,817

-299

-1,884

-4,823

-3,374

-174

-1,599

-1,499

-2,590

-547

-842

3,206

806

CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on notes payable

675

675

312

310

311

-

311

702

703

351

351

1,019

1,223

1,046

663

654

654

654

571

404

404

539

447

534

805

484

516

426

605

349

88

0

0

20

58

58

56

56

54

Borrowings under credit facility

-

-

-

-

-

-

0

286

2,500

2,300

2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

875

875

0

870

1,736

-

868

0

859

1,716

1,716

0

857

856

856

855

855

855

855

853

1,698

845

844

836

815

816

814

-1

812

811

811

811

1,623

0

811

874

874

872

873

Proceeds from issuance of stock upon exercise of stock options

0

0

174

0

94

-

0

434

22

148

148

-

-

-

-

82

0

0

1

169

138

175

43

175

1,254

154

38

-

-

-

-

-

-

-

-

0

18

18

12

Excess tax benefits related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

40

46

8

175

11

26

8

-

-

-

-

-

-

-

-

0

0

2

1

Purchase of treasury shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,000

-

-

-

-

Distributions to non-controlling interests

72

91

111

83

97

-

403

172

116

283

283

171

202

297

622

329

216

122

396

347

385

166

275

339

421

514

246

429

467

404

600

488

809

461

555

472

568

577

101

Net cash used in financing activities

-1,622

-1,641

-950

-613

-2,050

-

-1,582

-279

844

98

98

1,147

1,615

-2,163

-2,141

-1,756

-1,725

-1,631

-1,952

-1,416

-2,309

-1,329

-1,515

-1,359

-776

-1,634

-1,530

-689

-1,884

1,436

-1,499

-1,299

-2,432

-481

-2,424

-1,404

-1,480

-1,485

-1,015

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

34

1,601

2,737

-344

-1,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-1,253

-1,253

1,086

-495

-3,847

-2,577

-1,280

2,595

44

-3,855

2,149

1,383

-2,082

-377

1,924

1,171

-1,893

-1,288

4,177

362

-1,127

-3,369

4,260

1,195

-214

-4,316

2,978

2,130

1,351

-690

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the year for:
Cash paid during the period for:
Interest

379

513

308

389

210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

227

227

249

182

175

101

100

116

118

82

55

58

57

68

40

102

40

19

-

-

-

-

0

0

22

1

0

3

0

9

Income taxes

8

517

97

108

10

-

110

10

5

2

2

1,298

0

155

37

1,364

46

-7

1,447

39

51

408

458

153

90

513

34

19

61

248

51

1,144

122

223

874

0

86

265

850

Note payable in connection with purchase of treasury shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,125

-

-

-

-

Tax benefit of purchase of member interests in subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

0

0

1,020

-

-

-

-

-

-

-

-

Change in excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

12

-

8

0

0

-397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued dividend

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

845

15

13

2

814

-

-

-

-

-

-

-

-

-

-

-

-