| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income | ||||||||||
-1,247 | 4,862 | -6,666 | - | - | - | - | - | - | - | - |
Net income (loss) from continuing operations | ||||||||||
- | - | - | -4,105 | 1,079 | 2,255 | 3,949 | - | - | - | - |
Net income | ||||||||||
- | - | - | - | - | - | - | 4,360 | 5,562 | 7,218 | 5,701 |
Adjustments to reconcile net income to cash flows provided by operations: | ||||||||||
Depreciation and amortization | ||||||||||
2,231 | 1,264 | 2,785 | 2,873 | 4,452 | 5,183 | 5,253 | 6,000 | 5,616 | 5,547 | 5,191 |
Stock-based compensation | ||||||||||
463 | 278 | 313 | 339 | 386 | -817 | 1,502 | 1,264 | 1,259 | 1,092 | 832 |
Net gain on disposal of property | ||||||||||
74 | -29 | -70 | 149 | 2,337 | -430 | -34 | -30 | -14 | -22 | -24 |
Asset impairment, estimated lease termination charges and other closing costs (gain), net | ||||||||||
1,273 | -46 | - | - | - | - | - | - | - | - | - |
Gain on acquisition of restaurants | ||||||||||
- | - | - | - | - | - | - | - | - | 2,343 | 0 |
Asset impairment and estimated lease termination and other closing costs | ||||||||||
- | - | - | - | 1,520 | 4,517 | 1,181 | 370 | 513 | 74 | 218 |
Inventory reserve | ||||||||||
- | - | - | - | - | - | - | 72 | 6 | 8 | 45 |
Deferred income taxes | ||||||||||
- | - | - | - | -4,255 | -728 | -113 | -265 | 659 | 1,161 | 1,777 |
Deferred rent | ||||||||||
- | - | 48 | 583 | 909 | 940 | 1,084 | 912 | 911 | 671 | 277 |
Bad debts recovery | ||||||||||
239 | -30 | 1,172 | 24 | - | - | - | - | - | - | - |
Asset impairment and estimated lease termination charges (gain) | ||||||||||
- | - | 4,012 | 1,956 | - | - | - | - | - | - | - |
Loss on early extinguishment of debt | ||||||||||
- | - | - | - | - | - | - | - | - | - | -159 |
Amortization of deferred financing costs | ||||||||||
- | - | 36 | 115 | 212 | 84 | 69 | 21 | 59 | 56 | 60 |
Amortization of lease interest assets | ||||||||||
- | - | 37 | 45 | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||
-688 | 639 | -1,245 | -142 | - | - | - | - | - | - | - |
Accrued compensation and benefits | ||||||||||
- | - | -3 | -69 | -2,165 | -1,224 | -788 | -2,383 | 208 | 1 | 2,023 |
Other current liabilities | ||||||||||
- | - | -567 | -231 | 162 | 1,229 | 317 | 518 | -580 | 470 | -1,477 |
Other non-cash items | ||||||||||
291 | -515 | -139 | -190 | -38 | 31 | 30 | 0 | - | - | - |
Changes in operating assets and liabilities: | ||||||||||
Tax benefit for equity awards issued - operating activities | ||||||||||
- | - | - | - | 144 | 1,177 | 513 | 990 | 80 | -62 | -436 |
Restricted cash | ||||||||||
- | - | - | 627 | 439 | -453 | 412 | 414 | 181 | -533 | -543 |
Accounts receivable, net | ||||||||||
1,582 | 225 | -141 | 538 | 1,257 | -483 | 176 | 304 | 333 | 83 | -443 |
Inventories | ||||||||||
- | - | -467 | -564 | -140 | 40 | 200 | 134 | 310 | 153 | -48 |
Prepaid income taxes and income taxes receivable | ||||||||||
- | - | -1,479 | 1,942 | - | - | - | - | - | - | - |
Prepaid expenses and other current assets | ||||||||||
- | - | -473 | -125 | -267 | -531 | -244 | 1,043 | -604 | 478 | 160 |
Other assets | ||||||||||
449 | 389 | -312 | 673 | - | - | - | - | - | - | - |
Deposits | ||||||||||
- | - | - | - | -9 | 27 | 12 | -47 | -19 | 6 | -100 |
Accounts payable | ||||||||||
258 | -600 | -946 | -374 | -305 | -866 | 2,348 | 1,601 | -2,042 | -70 | -1,745 |
Accrued and other liabilities | ||||||||||
1,867 | -1,390 | - | - | - | - | - | - | - | - | - |
Long-term deferred compensation | ||||||||||
- | - | - | - | -74 | -135 | 165 | -36 | -52 | 102 | 26 |
Cash flows provided by continuing operating activities | ||||||||||
- | - | 1,779 | -2,416 | -1,878 | 11,122 | 13,962 | - | - | - | - |
Cash flows provided by discontinued operating activities | ||||||||||
- | - | 1,350 | 2,760 | 3,862 | - | - | - | - | - | - |
Cash provided by discontinued operations | ||||||||||
- | - | - | - | - | 1,557 | 1,638 | - | - | - | - |
Cash flows provided by operating activities | ||||||||||
2,582 | 3,877 | 3,129 | 344 | 1,984 | 12,679 | 15,600 | 9,626 | 11,852 | 13,884 | 14,521 |
Cash flows from investing activities: | ||||||||||
Proceeds from the sale of assets | ||||||||||
33 | 1,187 | - | 1,068 | 7,502 | 95 | 0 | 1,200 | - | - | - |
Purchases of property, equipment and leasehold improvements | ||||||||||
6,755 | 953 | 378 | 647 | 3,197 | 1,568 | 6,428 | 6,712 | 5,506 | 5,296 | 1,984 |
Payments for acquired restaurants | ||||||||||
6,188 | 229 | - | - | - | - | - | - | - | 6,822 | 0 |
Advances on notes receivable | ||||||||||
150 | 750 | - | - | - | - | - | - | - | - | - |
Purchases of held to maturity securities | ||||||||||
- | 6,995 | - | - | - | - | - | - | - | - | - |
Proceeds from Issuance of Debt | ||||||||||
- | - | - | - | - | - | - | - | - | 64 | 0 |
Payments received on note receivable | ||||||||||
31 | - | - | - | - | - | - | 60 | 378 | 428 | 54 |
Maturity of held to maturity securities | ||||||||||
- | 6,995 | - | - | - | - | - | - | - | - | - |
Purchase of intangible assets | ||||||||||
- | - | - | - | 0 | 0 | 229 | 21 | - | - | - |
Cash flows (used for) provided by continuing investing activities | ||||||||||
- | - | -378 | 421 | 4,305 | -1,473 | -6,657 | - | - | - | - |
Cash flows used for discontinued investing activities | ||||||||||
- | - | 1,600 | 1,039 | -60 | -1,317 | -156 | - | - | - | - |
Cash flows used for investing activities | ||||||||||
-13,029 | -745 | 1,222 | 1,460 | 4,245 | -2,790 | -6,813 | -5,473 | -5,128 | -11,754 | -1,930 |
Cash flows from financing activities: | ||||||||||
Proceeds from long-term debt | ||||||||||
4,300 | - | - | 103 | - | - | - | 0 | 0 | 6,800 | 0 |
Proceeds from line of credit | ||||||||||
- | - | - | 1,855 | 27,700 | 22,400 | 23,900 | 30,400 | 28,600 | 20,500 | 9,000 |
Payments on line of credit | ||||||||||
- | - | - | - | 24,440 | 28,800 | 26,100 | 27,800 | 30,600 | 21,000 | 13,500 |
Payments for debt issuance costs | ||||||||||
54 | - | 15 | 259 | 160 | 40 | 58 | 62 | 96 | 24 | 45 |
Payments on long-term debt and financing lease obligations | ||||||||||
175 | 6,758 | 1,538 | 4,352 | 634 | 981 | 946 | 905 | 680 | 416 | 7,042 |
Proceeds from sale of common stock, net of offering costs | ||||||||||
- | 5,120 | 1,464 | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||
22 | 520 | - | - | 0 | -114 | -42 | 22 | 128 | 352 | 57 |
Payments from exercise of stock options | ||||||||||
- | - | - | 1 | - | - | - | - | - | - | - |
Cash provided by (used for) financing activities | ||||||||||
4,093 | -1,118 | -89 | -2,654 | - | - | - | - | - | - | - |
Increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||
-6,354 | 2,014 | 4,262 | - | - | - | - | - | - | - | - |
Tax benefit for equity awards issued - financing activities | ||||||||||
- | - | - | - | 144 | 1,177 | 513 | 990 | 80 | 62 | 436 |
Repurchase of common stock | ||||||||||
- | - | - | - | 5,672 | 2,691 | 6,835 | 5,872 | 5,662 | 8,746 | 188 |
Cash flows used for financing activities | ||||||||||
- | - | - | - | -3,062 | -9,049 | -9,568 | -3,227 | -8,230 | -2,472 | -11,282 |
Increase in cash and cash equivalents | ||||||||||
- | - | - | -850 | 3,167 | 840 | -781 | 926 | -1,506 | -342 | 1,309 |
Supplemental Disclosures | ||||||||||
Cash paid for interest, net | ||||||||||
244 | 292 | 617 | 975 | - | - | - | - | - | - | - |
Cash paid for income taxes, net | ||||||||||
- | -148 | -1,842 | 398 | - | - | - | - | - | - | - |
Non-cash investing and financing activities: | ||||||||||
Performance shares surrendered to cover payroll taxes incurred | ||||||||||
- | - | - | 215 | - | - | - | - | - | - | - |
Change in deferred taxes, recognized in additional paid-in capital | ||||||||||
- | - | 55 | - | - | - | - | - | - | - | - |
(Decrease) Increase in accrued property and equipment purchases | ||||||||||
-39 | 22 | 14 | - | - | - | - | - | - | - | - |
Gift card liability assumed pursuant to acquisitions | ||||||||||
705 | - | - | - | - | - | - | - | - | - | - |
Inventory acquired pursuant to acquisitions | ||||||||||
103 | - | - | - | - | - | - | - | - | - | - |
Accounts receivable settled through acquisitions | ||||||||||
993 | - | - | - | - | - | - | - | - | - | - |
Accrued property and equipment purchases | ||||||||||
- | - | - | 10 | - | - | - | - | - | - | - |