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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 29, 2019
Cash flows from operating activities      
Net income $ 14,109,478 $ 1,441,468 $ 13,246,990
Income from discontinued operations, net of tax (3,651,603) (3,513,355) (3,606,159)
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 685,546 757,038 728,410
Amortization 3,012,783 4,103,750 3,989,957
Impairment losses 0 7,239,514 0
CARES Act credit (2,368,049) 0 0
Loss on disposal of property and equipment 8,347 0 30,767
Loss on extinguishment of debt, net 0 0 540,705
Contingent consideration adjustment (2,402,843) (76,102) 0
Amortization of deferred financing fees 74,812 83,052 173,018
Interest expense on contingent consideration payable 251,705 189,650 123,761
Provision for credit losses 221,240 349,362 114,982
Share-based compensation 1,058,096 785,723 849,665
Deferred income taxes, net of acquired deferred tax liability 1,279,388 (2,413,019) 799,150
Net changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable (15,177,999) 5,025,576 (2,765,135)
Prepaid expenses and other current assets (200,504) (855,112) (222,794)
Deposits (126,404) (208,979) (633,603)
Other assets 319,178 (916,123) 0
Accrued interest 24,170 5,107 (235,520)
Accounts payable 156,054 (279,326) 333,165
Accrued payroll and expenses 5,730,002 (1,342,377) 140,067
Other current liabilities 18,977 (16,565) 16,566
Income taxes receivable and payable (1,479,310) 1,874,981 (125,490)
Operating leases (106,871) 212,663 (254,783)
Other long-term liabilities (78,311) 7,232,667 0
Net cash provided by continuing operating activities 1,357,882 19,679,593 13,243,719
Net cash provided by discontinued operating activities 5,305,572 2,577,357 4,710,125
Net cash provided by operating activities 6,663,454 22,256,950 17,953,844
Cash flows from investing activities      
Businesses acquired, net of cash received (3,791,210) (22,002,109) (7,500,000)
Capital expenditures (3,203,909) (2,076,216) (2,076,877)
Proceeds from sale of property and equipment 5,158 0 440
Net cash used in continuing investing activities (6,989,961) (24,078,325) (9,576,437)
Net cash used in discontinued investing activities (34,505) (68,730) (152,632)
Net cash used in investing activities (7,024,466) (24,147,055) (9,729,069)
Cash flows from financing activities      
Net borrowings (payments) under line of credit 6,803,513 (14,367,615) 9,694,667
Proceeds from issuance of long-term debt 0 22,500,000 7,500,000
Principal payments on long-term debt (2,062,500) (1,075,000) (10,121,000)
Payments of dividends (4,567,139) (5,155,148) (12,282,342)
Proceeds from Issuance of Employee Share Purchase Plan 340,451    
Issuance of shares under the 2013 Long-Term Incentive Plan and Form S-3 registration statement, net of exercises (41,209) (12,132) 38,200
Contingent consideration paid 0 0 (2,672,000)
Deferred financing costs 0 0 (382,300)
Net cash provided by (used in) continuing financing activities 473,116 1,890,105 (8,224,775)
Net cash provided by discontinued financing activities 0 0 0
Net cash provided by (used in) financing activities 473,116 1,890,105 (8,224,775)
Net change in cash and cash equivalents 112,104 0 0
Cash and cash equivalents, beginning of year 0 0 0
Cash and cash equivalents, end of year 112,104 0 0
Supplemental cash flow information:      
Cash paid for interest 879,219 1,133,323 1,350,713
Cash paid for taxes, net of refunds $ 3,675,842 $ 995,361 $ 3,563,703