v3.2.0.727
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jul. 01, 2015
Jun. 25, 2014
OPERATING ACTIVITIES    
Less: net loss prior to the Organizational Transactions $ (6,115) $ 3,041
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation expense 4,638 2,565
Equity-based compensation 14,337 83
Non-cash interest expense 135 47
Loss on disposal of property and equipment 0 18
Changes in operating assets and liabilities:    
Accounts receivable (640) (506)
Inventories 47 19
Prepaid expenses and other current assets (805) 12
Other assets 1,657 (24)
Accounts payable 192 1,157
Accrued expenses (617) (207)
Accrued wages and related liabilities 1,306 (178)
Other current liabilities 455 16
Deferred rent 3,348 2,303
Other long-term liabilities (306) (112)
NET CASH PROVIDED BY OPERATING ACTIVITIES 17,632 8,234
INVESTING ACTIVITIES    
Purchases of property and equipment (16,929) (11,351)
NET CASH USED IN INVESTING ACTIVITIES (16,929) (11,351)
FINANCING ACTIVITIES    
Proceeds from revolving credit facility 4,000 0
Payments on revolving credit facility (36,000) 0
Deferred financing costs (92) (297)
Proceeds from issuance of Class A common stock sold in initial public offering, net of underwriting discounts and offering costs 109,362 0
Proceeds from issuance of Class B common stock 30 0
Member distributions (11,125) (3,819)
Employee withholding taxes related to net settled equity awards (4,636) 0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 61,539 (4,116)
INCREASE (DECREASE) IN CASH 62,242 (7,233)
CASH AT BEGINNING OF PERIOD 2,677 13,076
CASH AT END OF PERIOD $ 64,919 $ 5,843