| Aug'19 | Aug'18 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net loss | ||||||||||
-15,226 | -33,568 | -33,568 | -23,262 | -10,346 | -2,074 | -3,447 | 3,161 | 6,753 | 2,965 | -2,893 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
Provision for asset impairments and net losses on property sales | ||||||||||
7,229 | -3,619 | -3,619 | -8,762 | -734 | 3,385 | -1,347 | 451 | -1,084 | 3,317 | 1,864 |
Depreciation and amortization | ||||||||||
13,998 | 17,453 | 17,453 | 20,438 | 21,906 | 21,431 | 20,221 | 18,571 | 17,974 | 17,278 | 15,488 |
Provision for doubtful accounts | ||||||||||
- | - | - | - | - | - | - | - | 382 | 298 | 34 |
(Gain) impairment of investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,636 |
Amortization of debt issuance cost | ||||||||||
1,317 | 534 | 534 | 348 | 313 | 204 | 123 | 112 | 112 | 893 | 328 |
Non-cash compensation expense | ||||||||||
- | - | - | - | - | - | - | 404 | - | - | - |
Non-cash compensation expense | ||||||||||
- | - | - | - | - | - | - | - | - | 27 | - |
Non-cash compensation expense | ||||||||||
- | - | - | - | - | - | - | - | - | - | 258 |
Share-based compensation expense | ||||||||||
1,140 | 2,144 | 2,144 | 1,561 | 1,477 | 1,514 | 1,288 | 1,106 | 795 | 755 | 954 |
Deferred tax provision | ||||||||||
0 | - | 8,192 | - | - | - | - | - | - | - | - |
Tax increase on stock options | ||||||||||
- | - | - | - | - | - | - | - | - | - | 90 |
Deferred tax provision | ||||||||||
- | - | - | - | - | - | - | - | - | - | -4,672 |
Excess tax deficit from share-based compensation | ||||||||||
- | 0 | - | 0 | -119 | 5 | 50 | 64 | -27 | - | - |
Gain on acquisition | ||||||||||
- | - | - | - | - | - | - | - | - | 137 | - |
Tax increase on stock options | ||||||||||
- | - | - | - | - | - | - | - | - | 71 | - |
Deferred tax provision | ||||||||||
- | -8,192 | - | -2,792 | -4,707 | 1,996 | 3,348 | -522 | 394 | -1,007 | - |
Cash used in operating activities before changes in operating assets and liabilities | ||||||||||
-6,000 | -1,626 | -1,626 | 10,639 | 18,910 | 15,689 | 16,134 | 23,361 | 26,733 | 19,840 | 6,087 |
Changes in operating assets and liabilities: | ||||||||||
Changes in operating assets and liabilities: | ||||||||||
Decrease (increase) in trade accounts and other receivables | ||||||||||
65 | 775 | 775 | 2,092 | 744 | 1,063 | 29 | -10 | -55 | 2,522 | 169 |
Decrease (increase) in food and supply inventories | ||||||||||
-590 | -432 | -432 | -143 | 616 | -1,073 | 530 | 903 | -629 | 1,094 | -411 |
Decrease in prepaid expenses and other assets | ||||||||||
-1,657 | -808 | -808 | -504 | -215 | 268 | -917 | -356 | 1,186 | 952 | 476 |
Increase (decrease) in accounts payable, accrued expenses and other liabilities | ||||||||||
-9,312 | -7,292 | -7,292 | 446 | -3,906 | -5,115 | 3,947 | 6,618 | 3,031 | 1,181 | 3,444 |
Net cash provided by (used in) operating activities | ||||||||||
-13,130 | -8,453 | -8,453 | 9,640 | 13,859 | 10,316 | 20,439 | 29,442 | 29,262 | 16,453 | 9,297 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||
Proceeds (purchases) from redemption or maturity of long-term investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 8,539 |
Acquisition of Cheeseburger in Paradise | ||||||||||
- | - | - | - | - | - | - | 10,169 | - | - | - |
Acquisition of Fuddruckers | ||||||||||
- | - | - | - | - | - | - | - | - | 600 | -63,064 |
Proceeds from disposal of assets and property held for sale | ||||||||||
21,836 | 14,191 | 14,191 | 9,286 | 4,794 | 13,278 | 4,130 | 5,961 | 5,232 | 14,672 | 9,393 |
Insurance proceeds | ||||||||||
0 | 2,070 | 2,070 | 0 | 0 | - | - | - | - | - | - |
Repayment of note receivable | ||||||||||
- | 0 | - | 0 | -17 | -57 | -23 | -80 | 177 | - | - |
Purchases of property and equipment | ||||||||||
3,987 | 13,247 | 13,247 | 12,502 | 18,253 | 20,378 | 46,184 | 31,339 | 25,845 | 11,038 | 3,580 |
Net cash used in investing activities | ||||||||||
17,849 | 3,014 | 3,014 | -3,216 | -13,442 | -7,043 | -42,031 | -35,467 | -20,790 | 3,034 | -48,712 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Revolver borrowings | ||||||||||
42,300 | 147,600 | 147,600 | 107,800 | 106,000 | 108,000 | 105,900 | 69,700 | 43,300 | 86,650 | 122,100 |
Revolver repayments | ||||||||||
57,000 | 132,000 | 132,000 | 140,400 | 106,500 | 112,500 | 83,100 | 63,500 | 51,800 | 106,650 | 80,600 |
Proceeds from term loan | ||||||||||
58,400 | 0 | 0 | 35,000 | 0 | 0 | - | - | - | - | - |
Term loan repayments | ||||||||||
36,107 | 7,079 | 7,079 | 8,415 | 0 | 0 | - | - | - | - | - |
Debt issuance costs | ||||||||||
3,266 | 386 | 386 | 652 | 42 | 255 | 123 | 338 | 1 | 562 | 667 |
Excess tax deficit from share-based compensation | ||||||||||
- | 0 | - | 0 | -119 | 5 | 50 | - | - | - | - |
Taxes paid on equity withheld | ||||||||||
12 | 70 | 70 | 0 | 0 | - | - | - | - | - | - |
Proceeds received on the exercise of employee stock options | ||||||||||
- | 0 | - | 0 | 82 | 190 | 125 | 404 | 0 | 27 | - |
Net cash provided by financing activities | ||||||||||
4,315 | 8,065 | 8,065 | -6,667 | -579 | -4,560 | 22,852 | 6,330 | -8,501 | -20,535 | 40,833 |
Net increase in cash and cash equivalents and restricted cash | ||||||||||
9,034 | - | 2,626 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||||
- | 2,626 | - | -243 | -162 | -1,287 | 1,260 | 305 | -29 | -1,048 | 1,418 |
Cash paid for: | ||||||||||
Cash paid for: | ||||||||||
Income taxes | ||||||||||
470 | 426 | 426 | 411 | 357 | 730 | - | -64 | - | - | - |
Interest | ||||||||||
4,452 | 2,499 | 2,499 | 1,787 | 1,873 | - | - | - | - | - | - |
Interest | ||||||||||
- | - | - | - | - | 2,133 | - | - | - | - | - |