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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Cash flows from operating activities:    
Net (loss) income $ (48,191,000) $ 1,769,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 13,613,000 13,665,000
Impairment of assets 663,000  
Share-based compensation 2,117,000 2,060,000
Amortization of other assets 853,000 351,000
Gain on disposal of assets (55,000)  
Noncash lease expense 51,813,000 52,474,000
Proceeds from insurance recovery - lost profit margin and expenses   619,000
Gain on recovery of insurance proceeds - lost profit margin and expenses   (338,000)
Gain on recovery of insurance proceeds - property and equipment   (21,000)
Deferred income taxes 13,427,000 1,013,000
Changes in operating assets and liabilities:    
Accounts receivable, net (156,000) 3,587,000
Merchandise inventories, net 9,775,000 12,236,000
Prepaid expenses and other assets 6,528,000 (83,000)
Accounts payable 8,318,000 (4,791,000)
Operating lease liabilities (48,657,000) (53,540,000)
Accrued expenses and other long-term liabilities (920,000) (7,937,000)
Net cash provided by operating activities 9,128,000 21,064,000
Cash flows from investing activities:    
Purchases of property and equipment (8,923,000) (8,246,000)
Proceeds from insurance recovery - property and equipment   60,000
Proceeds from disposal of assets 96,000  
Net cash used in investing activities (8,827,000) (8,186,000)
Cash flows from financing activities:    
Changes in book overdraft 619,000 (297,000)
Principal payments under finance lease liabilities (3,001,000) (2,722,000)
Proceeds from exercise of share option awards 12,000 109,000
Tax withholding payments for share-based compensation (311,000) (627,000)
Dividends paid (2,830,000) (17,036,000)
Net cash used in financing activities (5,511,000) (20,573,000)
Net decrease in cash and cash equivalents (5,210,000) (7,695,000)
Cash and cash equivalents at beginning of period 9,201,000 25,565,000
Cash at end of period 3,991,000 17,870,000
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment acquired under finance leases 522,000 2,946,000
Property and equipment additions unpaid 1,069,000 1,154,000
Supplemental disclosures of cash flow information:    
Interest paid 878,000 458,000
Income taxes paid $ 10,000 $ 24,000