Del frisco's restaurant group, inc. (DFRG)
CashFlow / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Jun'18Mar'18Mar'18Dec'17Dec'17Aug'17May'17Mar'17Dec'16Dec'16Aug'16May'16Mar'16Dec'15Aug'15Jun'15Mar'15Jun'14Mar'14Dec'13Aug'13Mar'13Mar'12
Cash flows from operating activities:
Net loss

-6,398

-18,327

-8,067

-67,074

-

-1,562

400

400

-

-15,081

-1,776

2,090

3,310

-

7,125

786

4,444

5,411

7,926

-1,035

3,713

5,394

4,768

4,522

4,592

-934

3,569

4,985

Adjustments to reconcile net income loss to net cash provided by operating activities:
Depreciation and amortization

9,673

9,153

6,912

8,136

-

4,452

5,182

5,182

-

8,412

5,174

4,997

4,816

-

6,112

4,305

4,163

4,285

5,775

3,811

3,613

3,577

3,001

2,955

-

-

2,442

-

Loss on disposal of restaurant property

-71

13

-61

-389

-

-50

-5

-5

-

-1,384

-16

-8

-5

-

-7

-422

0

0

1

-3

-22

-3

-22

-17

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,713

Amortization of debt issuance costs

573

511

504

238

-

0

0

0

-

0

0

0

3

-

1

0

1

0

-4

4

4

4

4

4

2

-86

4

94

Share based compensation

1,010

1,211

966

981

-

1,071

1,027

1,027

-

845

647

794

533

-

643

637

733

653

754

764

802

580

581

573

-

-

228

-

Impairment charges

0

0

0

2,115

-

0

-

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

2,031

0

-

84

-

37,053

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

2,438

1,183

6,608

-7,726

-

5,507

-226

-226

-

13,935

138

9

869

-

-1,249

-344

-395

413

-3,502

-275

-20

302

756

340

-251

-1,309

-2,618

501

Amortization of deferred lease incentives

-

0

0

31

479

-

362

362

-

482

415

-584

742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred lease incentives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-254

-243

-253

-

-257

-237

-238

-179

-176

-201

-280

-107

42

Changes in operating assets and liabilities:
Inventory

442

152

1,793

2,603

-

123

86

86

-

1,384

420

484

-659

-

547

-340

-570

-545

520

1,120

-54

-870

233

-402

1,539

583

22

-153

Lease incentives receivable

-1,399

-4,022

-6,836

-2,853

-

347

-1,503

-1,503

-

-8,065

0

0

0

-

-

-

-

-

-

-

-

-

-580

-772

-

-

-1,030

-

Prepaid expenses and other assets

-2,817

-3,184

5,086

1,624

-

517

-3,000

-3,000

-

9,242

-204

-2,091

-3,190

-

4,476

307

-1,803

-1,483

6,253

-504

-2,527

-940

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-405

-781

2,602

824

-1,235

-29

Accounts payable

2,305

-4,500

8,755

11,707

-

643

-1,722

-1,722

-

3,402

-2,263

-3,349

402

-

3,178

-1,111

-208

-4,525

-1,627

5,293

-1,982

1,117

1,266

221

2,885

1,561

-3,604

-1,787

Income taxes

-560

2,655

485

-3,307

-

3,555

-225

-225

-

-818

-1,582

455

2,175

-

977

-261

-801

1,973

-1,640

-3,305

-466

1,124

-1,168

1,498

384

-3,207

-2,098

1,154

Deferred rent obligations

0

0

-4,640

2,999

-

2,785

1,014

1,014

-

2,329

467

-558

386

-

1,142

2,634

247

-1,716

-2,632

529

612

397

476

405

403

531

289

121

Deferred revenue

-1,243

-1,776

3,984

-1,449

-

-1,294

-

-2,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-2,937

-

-

-

-

-

-2,987

6,587

-

-1,407

-1,367

-2,713

7,114

-1,469

-1,361

-2,365

-

-

-

-

-

-

Other liabilities

-2,198

1,843

693

-2,309

-

734

-3,109

-3,109

-

2,083

-3,966

696

-1,802

-

4,626

-3,400

2,561

535

1,776

-904

1,485

-591

1,460

-3,190

7,338

-177

-1,302

-2,596

Net cash provided by operating activities

4,569

-3,372

3,002

-136

-

4,302

4,000

4,000

-

28,332

-5,383

5,996

9,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,323

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,265

-

6,627

8,806

10,510

10,227

8,444

-

-

4,282

-

Cash flows from investing activities:
Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

8

-

-

-

-

Purchases of property and equipment

12,557

15,340

22,159

31,349

-

21,542

10,788

10,788

-

12,923

5,311

9,226

11,966

-

13,789

9,646

9,228

4,035

5,641

19,465

13,851

7,193

12,035

5,787

13,529

8,800

5,224

3,773

Other investing activities

-201

-41

-213

1,382

-

180

-1

-1

-

309

-10

-10

-21

-

23

-21

7

-7

417

-1

-37

2

0

89

49

83

12

-3

Net cash used in investing activities

-12,356

-15,299

-21,945

-328,031

-

-21,722

-10,787

-10,787

-

1,889

-5,192

-8,681

-11,945

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,770

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,028

-

-19,464

-13,814

-7,195

-12,034

-5,868

-

-

-5,236

-

Cash flows from financing activities:
Payments on borrowings

10,839

31,775

7,776

168,965

-

0

-

0

-

-

-

-

-

-

12,000

0

0

4,500

32,450

0

0

0

-

-

-

-

-

-

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings

24,950

49,350

30,699

428,514

-

11,000

5,500

5,500

-

9,000

14,000

13,750

22,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

Payment of debt issuance costs

0

2,032

0

21,460

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments of finance leases

334

291

-44

161

-

10

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments of capital lease obligation

-

-

-

-

10

-

11

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on loan against deferred compensation investments

-43

286

-

395

-

233

268

268

-

-

132

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

-

-

0

0

0

-

0

-

-

11,313

8,747

4,843

25,097

-

4,823

0

0

0

-

-

-

-

-

-

-

-

-

-

Cash tax payment for share-based awards

13

179

4

1

-

74

101

101

-

0

0

183

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

0

0

0

0

-

0

52

52

-

890

205

379

68

-

3,021

46

0

140

669

48

101

0

260

48

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,360

-

12,148

101

0

-2,441

48

-

-

-

-

Net cash provided by financing activities

13,807

14,787

23,175

331,614

-

15,338

5,172

5,172

-

-26,109

8,871

-3,897

-3,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,000

Less; Net change in cash and cash equivalents from discontinued operations

-

0

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

6,020

-3,884

-

-

-

-2,082

-

-1,615

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

4,225

3,488

-2,082

-

-1,615

-

-

4,153

-1,704

-6,582

-5,895

-

13,867

-3,880

2,582

-3,123

3,937

-689

-4,907

3,315

-4,248

2,624

4,963

4,349

-954

-5,447

Supplemental disclosures of cash flow information:
Cash paid (received) during the period for:
Interest

8,121

6,728

8,431

2,088

-

239

-

232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

616

-2,683

-

-

-

638

-

307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

239

-

232

-

-

-

-

54

16

33

-

0

23

31

92

40

28

15

13

12

10

-1,194

23

1,226

Income taxes

-

-

100

146

638

-

307

-

-

1,865

0

291

115

-

553

0

2,292

911

2,936

1,912

291

1,487

2,944

1,053

1,377

1,680

787

1,517

Non cash investing and financing activities:
Capital expenditures included in accounts payable at end of period

1,052

1,984

-86

-1,002

-

2,332

4,755

4,755

-

2,317

0

823

787

-

968

-183

-547

730

338

235

1,269

156

-516

1,261

-

-

-

-

Tenant improvement allowance receivables

2,746

1,307

5,801

-826

-

3,342

-

5,438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease

0

0

0

0

-

0

-

887

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-