Fiesta restaurant group, inc. (FRGI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Apr'18Dec'17Sep'17Jun'17Mar'17Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities:
Net income (loss)

-7,317

-21,053

-22,182

-43,440

2,289

-7,937

2,047

9,493

4,184

-10,755

-8,257

-2,160

-15,060

-4,531

8,916

9,895

8,841

7,945

11,249

10,501

8,988

9,155

9,314

8,719

-5,553

5,042

4,969

4,799

2,562

3,649

3,921

-1,865

-130

2,422

3,635

3,614

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Loss (gain) on disposals of property and equipment

0

0

14

-21

13

-410

237

1,059

-129

205

-89

-93

-838

-153

-64

39

-66

-35

-23

294

-40

507

-62

-36

-53

-55

-105

421

-85

31

-72

-60

-88

-84

-80

-73

Stock-based compensation

812

706

611

735

792

825

738

1,017

889

778

947

1,174

646

365

1,258

1,011

1,090

1,167

1,095

941

865

832

1,079

721

-

-

-

-

-

-

-

-

-

-

-

416

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

619

658

595

426

433

380

150

871

-

-

-

-

Impairment and other lease charges

4,233

8,434

3,254

1,751

-338

14,605

6,417

784

-662

2,679

15,905

10,762

32,414

18,513

82

12

1,901

387

0

94

163

183

32

-15

-40

-312

456

95

223

-45

-39

6,900

-

-

1,348

-264

Depreciation and amortization

9,430

9,675

10,165

9,807

9,548

9,696

9,739

9,170

8,999

8,692

8,483

8,596

9,186

9,513

8,625

8,336

8,731

7,596

7,401

6,847

6,086

6,038

5,578

5,345

5,258

5,129

5,178

4,810

4,575

4,486

4,377

4,840

4,954

4,837

4,949

4,797

Amortization of deferred financing costs

68

67

68

68

67

67

68

67

68

121

77

77

77

78

77

77

83

78

77

77

78

77

77

77

293

398

398

398

394

393

456

385

433

286

60

61

Amortization of deferred gains from sale-leaseback transactions

-

-

-

-

-

866

899

900

899

899

900

902

901

896

890

901

905

901

901

911

917

916

919

919

901

860

865

863

835

832

591

70

68

70

68

64

Deferred income taxes

-4,212

-13,000

2,112

0

0

1,026

-5,715

-793

-1,348

-14,058

2,240

2,798

11,848

6,761

0

0

-

-

-

-

-855

-262

78

82

-

-

-

-

-

-

-

-

-

-

-

-

Changes in other operating assets and liabilities:
Accretion of interest on lease financing obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-5

-213

-

-13

-14

-10

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

-83

60

-

1,543

-683

-2,081

-

-214

824

-293

Changes in other operating assets and liabilities

6,974

12,596

-217

-16,368

4,597

-12,757

5,633

1,921

5,167

3,067

1,877

-8,372

3,140

-6,354

-7,426

380

4,426

-6,233

-2,437

4,434

1,923

-4,701

-3,903

6,985

-8,515

4,786

-4,851

9,980

-4,197

120

-4,687

9,875

-3,223

3,338

-2,135

2,683

Net cash provided by operating activities

4,464

14,058

11,431

31,795

7,748

9,515

17,955

17,444

8,889

3,167

12,227

23,214

12,212

22,788

25,558

18,011

22,384

24,766

21,381

12,821

18,336

19,825

19,048

6,897

15,867

5,381

15,604

-676

16,697

9,425

12,475

-622

11,916

11,068

13,988

6,195

Investing activities:
Capital expenditures:
New restaurant development

1,590

709

2,846

3,996

3,839

3,548

5,846

7,286

4,765

2,733

5,198

10,225

8,571

17,068

21,674

14,086

15,784

21,595

17,507

15,955

11,941

18,557

15,735

10,869

4,168

7,058

13,550

7,834

6,824

6,364

5,061

5,365

2,569

2,883

4,581

2,543

Restaurant remodeling

1,025

2,205

100

97

171

348

-65

-34

333

740

1,319

744

217

470

243

243

2,079

1,197

654

872

953

2,285

2,421

1,929

487

1,110

574

918

2,742

2,954

1,704

1,273

943

1,251

724

1,517

Other restaurant capital expenditures

2,536

3,490

5,909

4,921

5,015

11,928

5,510

4,131

5,895

9,760

4,063

1,898

1,689

2,630

1,085

910

2,517

2,518

1,434

1,245

1,045

1,291

1,207

1,432

1,255

1,473

1,317

1,362

1,617

1,809

1,799

1,692

1,356

1,452

1,259

973

Corporate and restaurant information systems

932

770

3,547

1,120

2,512

2,103

1,344

737

4,175

4,094

1,806

1,612

1,197

637

2,445

1,552

971

1,009

1,048

1,185

1,202

781

432

1,999

2,324

1,381

976

1,238

943

319

317

213

300

109

313

92

Payments to Acquire Productive Assets

6,083

7,174

12,402

10,134

11,537

17,927

12,635

12,120

15,168

17,327

12,386

14,479

11,674

20,805

25,447

16,791

21,351

26,319

20,643

19,257

15,141

22,914

19,795

16,229

8,234

11,022

16,417

11,352

12,126

11,446

8,881

8,543

5,168

5,695

6,877

5,125

Properties purchased for sale-leaseback

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,663

250

0

0

0

-

-

-

-

0

1,456

1,705

1,277

0

0

0

2,082

-

-

-

-

Proceeds from disposals of properties

0

0

0

0

1,774

67

0

2,863

1,813

374

0

0

0

0

-10

236

0

10

139

0

0

702

0

1,027

0

0

0

1,734

1,492

934

0

0

-

-

-

-

Proceeds from insurance recoveries

-

-

-

-

-

170

282

351

180

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale-leaseback transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-12

5,704

4,888

5,380

2,871

2,523

6,443

1,491

0

0

0

2,771

3,151

1,861

Net cash used in investing activities

-6,083

-7,174

-12,360

-10,134

-9,763

-17,690

-12,353

-8,906

-13,175

-16,953

-12,386

-14,479

-11,674

-20,805

-21,815

-19,218

-21,601

-26,309

-20,504

-19,257

-15,141

-22,212

-19,807

-9,498

-3,346

-7,098

-15,251

-8,372

-4,191

-9,021

-8,881

-10,625

-5,168

-2,924

-3,726

-3,264

Financing activities:
Excess tax benefit from vesting of restricted shares

-

-

-

-

-

-

-

-

-

-

-

-

-

91

28

92

39

511

128

888

37

413

265

1,050

39

350

476

0

-

-

-

-

-

-

-

-

Borrowings from (payments to) former parent, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

681

-181

-5,461

-122,497

-8,096

-2,899

Capital contribution from former parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,500

-

-

-

-

Borrowings on revolving credit facility

71,420

11,000

10,000

0

11,000

8,000

3,000

0

15,000

84,000

2,000

0

5,000

5,000

3,000

6,400

5,000

7,500

9,000

7,000

2,000

7,000

8,000

8,000

81,000

0

0

0

-

-

-

-

-

-

-

-

Repayments on revolving credit facility

75,420

5,000

2,000

21,000

7,000

0

6,000

7,000

10,000

69,900

2,000

12,000

2,000

7,000

6,000

6,500

1,500

11,000

8,000

3,000

2,000

7,000

6,000

15,000

10,000

0

0

0

-

-

-

-

-

-

-

-

Principal payments on finance leases

57

55

50

33

26

25

25

28

23

22

23

21

22

21

15

13

13

15

9

16

17

14

15

15

13

15

15

16

14

16

14

15

14

15

13

14

Financing costs associated with issuance of debt

-

-

-

-

-

0

0

0

150

937

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to purchase treasury stock

3,728

2,925

9,158

0

2,199

285

1,532

603

349

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

0

0

-6

0

0

0

-15

0

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

-7,785

3,020

-1,208

-21,033

1,775

7,690

-4,557

-7,631

4,478

13,141

-23

-12,021

2,978

-1,930

-2,987

-21

3,526

-3,004

1,119

4,872

13

399

2,220

-5,971

-7,429

335

461

-31

-71

-39

-5,588

2,304

-2,185

-4,741

-7,159

-2,913

Net change in cash

-9,404

9,904

-2,137

628

-240

-485

1,045

907

192

-645

-182

-3,286

3,516

53

756

-1,228

4,309

-4,547

1,996

-1,564

3,208

-1,988

1,461

-8,572

5,092

-1,382

814

-9,079

12,435

365

-1,994

-8,943

4,563

3,403

3,103

18

Supplemental disclosures:
Supplemental disclosures:
Interest paid on long-term debt

941

837

829

1,044

1,685

1,003

990

999

516

607

607

627

522

472

448

473

485

444

401

418

478

517

506

470

5,535

8,907

104

9,161

31

9,014

247

9,407

-

-

-

-

Interest paid on lease financing obligations

-

-

-

-

-

-

-

-

-

0

12

35

36

35

36

35

-

-

-

-

-

-

-

-

-54

63

64

64

64

118

1,271

2,754

2,981

2,649

2,808

2,802

Accruals for capital expenditures

2,161

899

-2,875

1,484

4,589

853

-1,099

3,009

3,428

459

2,078

-882

6,754

3,498

-1,671

7,764

-467

512

-199

5,012

776

1,498

-1,318

1,933

886

-1,424

2,440

1,107

223

-153

257

475

-354

83

-308

740

Income tax payments (refunds), net

-1,073

63

159

-15,721

-58

279

790

-4,133

-17

100

517

2,400

86

4,265

4,993

282

4,371

3,831

10,059

-789

6,276

6,031

6,317

94

98

2,009

5,006

91

853

430

2,171

0

-

-

-

-

Right-of-use assets obtained in exchange for lease liabilities:
Operating lease ROU assets

11,193

-

-

-

5,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease ROU assets

33

0

191

304

0

0

0

0

322

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets and lease liabilities reduced for terminated leases:
Operating lease ROU assets

0

-

-

-

2,196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets obtained and lease liabilities incurred as a result of adoption of ASC 842:
Operating lease ROU assets

0

-

-

-

267,743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

0

-

-

-

291,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-