XML 24 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Cash flows from operating activities:      
Net income before allocation of earnings to participating securities $ 1,377 $ 27,345 $ 14,362
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 16,171 16,419 18,128
Stock-based compensation 3,025 2,111 2,051
Asset impairment 2,674 296 1,107
Deferred taxes 2,263 (8,123) (2,043)
Provision for doubtful accounts 1,972 19 1,432
Loss on disposal of property and equipment 403 282 120
Trade credit utilization 185 548
Change in assets and liabilities:      
Inventories 643 (2,466) (2,323)
Receivables (2,207) (2,118) 1,411
Prepaid expenses and other assets 1,184 (2,998) (3,745)
Accounts payable and accrued expenses (16,301) 1,458 11,131
Lease related liabilities 3,427 (1,182) (5,986)
Gift cards and customer deposits 2,091 1,037 645
Deferred revenue (708) (218) (1,954)
Net cash provided by operating activities 16,014 32,047 34,884
Cash flows from investing activities:      
Purchases of property and equipment (27,251) (22,466) (10,790)
Purchases of other assets and other intangible assets (867) (1,922) (100)
Proceeds from sale or maturity of short term investments 1,461 793
Purchases of short term investments (1,551) (899)
Cash flow used in investing activities (26,657) (25,146) (11,789)
Cash flows from financing activities:      
Proceeds from the exercise of employee stock options, net of withholding tax payments (479) (481) 1,581
Borrowings under line of credit 5,400
Repayments under line of credit (5,400)
Purchases of Company's common stock (1,469) (25,909) (3,364)
Cash flow used in financing activities (1,948) (26,390) (1,783)
Effect of exchange rates on cash (122) (704) (588)
Net (decrease) increase in cash and cash equivalents (12,713) (20,193) 20,724
Cash and cash equivalents, beginning of period 45,196 65,389 44,665
Cash and cash equivalents, end of period 32,483 45,196 65,389
Supplemental disclosure of cash flow information:      
Net cash paid during the period for income taxes $ 1,002 $ 2,175 $ 1,024