XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jul. 01, 2025
Jun. 25, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,092 $ 1,595
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,071 2,883
Net change in operating lease right-of-use assets and liabilities (1,461) (544)
Recognition of deferred gain on sale of restaurant building (10) (29)
Impairment of long-lived assets 494 199
Loss on disposal of assets 38 30
Stock-based compensation expense 90 106
Provision for income taxes (309) (198)
Changes in operating assets and liabilities:    
Receivables and prepaids (645) (514)
Inventories 2 (27)
Deposits and other (126) 18
Accounts payable (249) 276
Deferred income (82) 138
Accrued and other liabilities (444) 803
Net cash provided by operating activities 1,461 4,736
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for the purchase of property and equipment (2,765) (2,282)
Acquisition of restaurants from franchisees, net of cash acquired (504) (534)
Proceeds from sale of fixed assets 77 14
Net cash used in investing activities (3,192) (2,802)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings from long-term debt 2,250 1,380
Payments on long-term debt (774) (1,000)
Repurchases of common stock (364) (1,789)
Payments for restricted stock vesting settled in cash (58)
Contributions from non-controlling interests 9 200
Distributions to non-controlling interests (47) (88)
Net cash provided by (used in) financing activities 1,016 (1,297)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (715) 637
CASH AND CASH EQUIVALENTS, beginning of period 3,853 4,182
CASH AND CASH EQUIVALENTS, end of period 3,138 4,819
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 161 69
Change in accounts payable attributable to the purchase of property and equipment $ 85 $ (23)