XML 20 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 27, 2014
Operating activities      
Net income $ 15,434 $ 10,106 $ 8,986
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 3,008 2,682 2,904
Excess tax benefit of stock-based compensation (1,163) (813) (749)
Deferred income taxes (714) (1,046) (1,530)
Stock-based compensation expense 1,231 1,155 960
Amortization of Debt Issuance Costs and Discounts 437 330 185
Changes in operating assets and liabilities:      
Accounts receivable 205 (1,004) (616)
Prepaid expenses and other assets (171) (196) (901)
Accounts payable and other current liabilities 3,648 1,169 2,681
Deferred revenue 48 450 2,128
Other non-current liabilities (attributable to deferred rent and lease incentives) 203 214 322
Cash provided by operating activities 22,166 13,047 14,370
Investing activities      
Purchases of property and equipment (2,056) (1,915) (1,510)
Proceeds from sales of assets 0 0 1,147
Cash used in investing activities (2,056) (1,915) (363)
Financing activities      
Proceeds from issuance of common stock, net of expenses 0 34,988 0
Proceeds from exercise of stock options 485 478 573
Borrowings of long-term debt 165,000 40,000 0
Repayments of long-term debt (109,250) (38,218) (8,779)
Payment of deferred financing costs (1,180) (227) 0
Excess tax benefit of stock-based compensation 1,163 813 749
Dividends paid (83,268) (47,999) 0
Cash used in financing activities (27,050) (10,165) (7,457)
Net change in cash and cash equivalents (6,940) 967 6,550
Cash and cash equivalents at beginning of period 10,690 9,723 3,173
Cash and cash equivalents at end of period 3,750 10,690 9,723
Supplemental information:      
Cash paid for interest 4,775 3,409 3,406
Cash paid for taxes $ 7,230 $ 5,362 $ 6,158