| Dec'18 | Dec'17 | Dec'17 | Dec'16 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
-76,303 | -11,457 | -11,457 | 17,766 | 17,766 | 15,998 | 16,597 | 12,212 | 13,754 | 8,973 | 8,730 |
Adjustments to reconcile net income loss to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
24,682 | 23,399 | 23,399 | 18,865 | 18,865 | 16,776 | 13,598 | 11,300 | 8,809 | 7,146 | - |
Loss on disposal of restaurant property | ||||||||||
-505 | -1,413 | -1,413 | -429 | -429 | -27 | -108 | -55 | -103 | - | - |
Loss on Sullivan's sale | ||||||||||
-23,620 | - | 0 | - | 0 | - | - | - | - | - | - |
Loss on extinguishment of debt | ||||||||||
-18,266 | - | 0 | - | 0 | - | - | - | - | - | - |
Write-off of goodwill associated with disposed restaurant property | ||||||||||
- | - | - | - | - | - | - | - | -738 | - | - |
Write-off of debt issuance costs | ||||||||||
- | - | - | - | - | - | - | - | 1,649 | 2,501 | - |
Depreciation and amortization | ||||||||||
- | - | - | - | - | - | - | - | - | - | 6,624 |
Amortization of debt issuance costs | ||||||||||
742 | 3 | 3 | 2 | 2 | 8 | 18 | 14 | 222 | 627 | 872 |
Non-cash interest charge-affiliate | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,775 |
Share based compensation | ||||||||||
4,045 | 2,819 | 2,819 | 2,666 | 2,666 | 2,900 | 2,567 | 1,689 | 378 | 101 | 170 |
Impairment charges | ||||||||||
2,199 | - | 37,053 | - | 598 | - | - | - | - | - | - |
Non-cash impairment charges | ||||||||||
- | - | - | - | - | - | - | - | - | 1,400 | - |
Impairment charges | ||||||||||
- | 37,053 | - | 598 | - | 3,248 | 3,536 | 2,360 | 0 | 0 | - |
Deferred income taxes | ||||||||||
4,163 | 14,951 | 14,951 | -1,575 | -1,575 | -3,495 | -653 | -3,677 | 1,608 | 1,623 | 317 |
Amortization of deferred lease incentives | ||||||||||
872 | 1,055 | 1,055 | 1,140 | 1,140 | 666 | - | - | - | - | - |
Amortization of deferred lease incentives | ||||||||||
- | - | - | - | - | - | -852 | -546 | -285 | -172 | -100 |
Changes in operating assets and liabilities: | ||||||||||
Restricted cash | ||||||||||
- | 0 | - | 0 | - | -215 | - | - | -761 | 976 | - |
Inventory | ||||||||||
4,605 | 1,629 | 1,629 | -908 | -908 | 716 | 2,498 | 1,991 | 2,212 | 1,230 | -155 |
Lease incentives receivable | ||||||||||
-10,845 | -8,065 | -8,065 | -2,692 | -2,692 | -5,760 | -3,767 | -2,889 | -2,902 | - | - |
Prepaid expenses and other assets | ||||||||||
4,227 | 3,716 | 3,757 | 1,497 | 1,497 | 2,282 | 2,154 | - | - | - | - |
Insurance settlement | ||||||||||
-72 | -1,153 | -1,153 | 0 | 0 | 0 | - | - | - | - | - |
Other assets | ||||||||||
- | - | - | - | - | - | - | 2,162 | 2,146 | 550 | -1,392 |
Accounts payable | ||||||||||
19,383 | -1,808 | -1,808 | -2,666 | -2,666 | 2,801 | 3,209 | -945 | 1,313 | 4,358 | -2,366 |
Income taxes | ||||||||||
508 | 230 | 230 | 1,888 | 1,888 | -4,287 | -3,050 | -3,767 | 1,840 | 2,492 | 2,127 |
Deferred rent obligations | ||||||||||
2,158 | 2,624 | 2,624 | 2,307 | 2,307 | -1,094 | 1,970 | 1,344 | 1,343 | 829 | 2,452 |
Deferred revenue | ||||||||||
-1,696 | - | -1,089 | - | 1,100 | - | - | - | - | - | - |
Deferred revenue | ||||||||||
- | -1,089 | - | 1,100 | - | 1,919 | 2,733 | - | - | - | - |
Other liabilities | ||||||||||
-3,991 | -2,989 | -2,989 | 4,322 | 4,322 | 1,766 | 2,564 | 3,263 | 3,407 | 4,627 | 43 |
Proceeds from sale-leaseback transaction | ||||||||||
- | - | - | - | - | - | - | - | - | 13,235 | 4,345 |
Payments attributable to accrued interest included in advances due affiliate | ||||||||||
- | - | - | - | - | - | - | - | - | - | -6,464 |
Net cash provided by operating activities | ||||||||||
11,168 | 38,065 | 38,024 | 49,815 | 49,815 | 45,868 | - | - | - | - | 11,999 |
Net cash provided by operating activities | ||||||||||
- | - | - | - | - | - | 42,766 | 29,392 | 30,968 | 28,503 | - |
Cash flows from investing activities: | ||||||||||
Proceeds from sale of property and equipment | ||||||||||
0 | 14,692 | 14,692 | 3,078 | 3,078 | 1 | 13 | 5 | 1,682 | - | - |
Purchase of trade name | ||||||||||
0 | 0 | 0 | 546 | 546 | 0 | - | - | - | - | - |
Insurance settlement for property and equipment | ||||||||||
0 | 1,073 | 1,073 | 0 | 0 | 0 | - | - | - | - | - |
Purchases of property and equipment | ||||||||||
85,838 | 39,426 | 39,426 | 36,698 | 36,698 | 46,150 | 47,491 | 31,326 | 33,635 | 20,063 | 5,550 |
Other investing activities | ||||||||||
1,348 | 268 | 268 | 2 | 2 | 381 | 478 | 141 | 220 | 323 | 5 |
Purchase of Barteca, net of cash acquired | ||||||||||
325,193 | - | 0 | - | 0 | - | - | - | - | - | - |
Proceeds from Sullivan's sale, net | ||||||||||
29,894 | - | 0 | - | 0 | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||
-382,485 | -23,929 | -23,929 | -34,168 | -34,168 | -46,530 | - | - | - | - | -1,210 |
Net cash used in investing activities | ||||||||||
- | - | - | - | - | - | -47,956 | -31,462 | -32,173 | -7,151 | - |
Cash flows from financing activities: | ||||||||||
Payments on borrowings | ||||||||||
176,741 | 37,250 | 37,250 | 16,500 | 16,500 | 32,450 | - | - | - | - | - |
Proceeds from long-term debt | ||||||||||
- | - | - | - | - | - | - | - | - | 71,800 | - |
Proceeds from borrowings | ||||||||||
475,713 | 58,750 | 58,750 | 12,000 | 12,000 | 36,950 | - | - | - | - | - |
Payments of long-term debt | ||||||||||
- | - | - | - | - | - | - | - | 70,000 | 80,722 | 26,353 |
Payment of debt issuance costs | ||||||||||
21,460 | - | 0 | - | 0 | - | - | - | 48 | 2,111 | - |
Principal payments of finance leases | ||||||||||
138 | - | 0 | - | 0 | - | - | - | - | - | - |
Proceeds from Issuance of Common Stock | ||||||||||
97,211 | - | 0 | - | 0 | - | - | - | 66,457 | - | - |
Purchases of treasury stock | ||||||||||
0 | 50,000 | 50,000 | 4,823 | 4,823 | 3,000 | 6,319 | 3,681 | - | - | - |
Proceeds from loan against deferred compensation investments | ||||||||||
2,146 | 3,546 | 3,546 | 0 | 0 | 0 | - | - | - | - | - |
Payments on loan against deferred compensation investments | ||||||||||
1,304 | 569 | 569 | 0 | 0 | 0 | - | - | - | - | - |
Cash tax payment for share-based awards | ||||||||||
180 | 183 | 183 | 85 | 85 | 0 | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||
52 | 1,542 | 1,542 | 3,207 | 3,207 | 818 | 1,355 | 428 | - | - | - |
Advances due to affiliate | ||||||||||
- | - | - | - | - | - | - | - | - | - | 40,663 |
Contribution from shareholder | ||||||||||
- | - | - | - | - | - | - | 8,234 | 1,440 | -357 | 47,127 |
Net cash used in financing activities | ||||||||||
- | - | - | - | - | - | -4,964 | 4,981 | -2,151 | -11,390 | - |
Net cash provided by financing activities | ||||||||||
375,299 | -24,164 | -24,164 | -6,201 | -6,201 | 2,318 | - | - | - | - | -19,889 |
Less; Net change in cash and cash equivalents from discontinued operations | ||||||||||
34 | - | 41 | - | 0 | - | - | - | - | - | - |
Net change in cash and cash equivalents | ||||||||||
4,016 | -10,028 | -10,028 | 9,446 | 9,446 | 1,656 | -10,154 | 2,911 | -3,356 | 9,962 | -9,100 |
Supplemental disclosures of cash flow information: | ||||||||||
Cash paid (received) during the period for: | ||||||||||
Interest | ||||||||||
10,990 | - | 665 | - | 87 | - | - | - | - | - | - |
Acquisition of trade name financed by current liabilities | ||||||||||
0 | 0 | 0 | 100 | 100 | 0 | - | - | - | - | - |
Income taxes | ||||||||||
- | - | - | - | - | - | - | - | - | - | -1,939 |
Interest | ||||||||||
- | 665 | - | 87 | - | 175 | 129 | 65 | 3,127 | 5,567 | 10,109 |
Income taxes | ||||||||||
1,191 | 2,271 | 2,271 | 3,756 | 3,756 | 6,626 | 10,225 | 5,361 | 5,283 | 3,279 | - |
Non cash investing and financing activities: | ||||||||||
Capital expenditures included in accounts payable at end of period | ||||||||||
5,999 | 3,927 | 3,927 | 968 | 968 | 1,998 | 511 | 747 | - | - | - |
Tenant improvement allowance receivables | ||||||||||
13,755 | - | 0 | - | 0 | - | - | - | - | - | - |
Capital lease | ||||||||||
887 | - | 0 | - | 0 | - | - | - | - | - | - |
Deemed distribution to parent | ||||||||||
- | - | - | - | - | - | - | - | - | 477 | - |