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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Cash flows from operating activities:    
Net (loss) income $ (89) $ 18,037
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 9,141 8,830
Share-based compensation 1,383 1,186
Amortization of other assets 222 225
Loss on disposal of equipment   288
Noncash lease expense 34,936 33,881
Deferred income taxes (236) 1,607
Changes in operating assets and liabilities:    
Accounts receivable, net (3,949) (425)
Merchandise inventories, net (21,122) (57,722)
Prepaid expenses and other assets (318) (3,336)
Accounts payable 22,284 8,593
Operating lease liabilities (35,748) (35,148)
Accrued expenses and other long-term liabilities (9,810) (15,147)
Net cash used in operating activities (3,306) (39,131)
Cash flows from investing activities:    
Purchases of property and equipment (4,738) (5,532)
Proceeds from disposal of property and equipment   13
Net cash used in investing activities (4,738) (5,519)
Cash flows from financing activities:    
Changes in book overdraft 2,493 2,325
Principal payments under finance lease liabilities (2,007) (1,899)
Proceeds from exercise of share option awards 93 272
Cash purchases of treasury stock   (4,121)
Tax withholding payments for share-based compensation (627) (1,212)
Dividends paid (11,585) (11,538)
Net cash used in financing activities (11,633) (16,173)
Net decrease in cash and cash equivalents (19,677) (60,823)
Cash and cash equivalents at beginning of period 25,565 97,420
Cash and cash equivalents at end of period 5,888 36,597
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment acquired under finance leases 1,112 942
Property and equipment additions unpaid 1,326 1,363
Supplemental disclosures of cash flow information:    
Interest paid 308 316
Income taxes paid $ 24 $ 5,367