v2.3.0.11
Statement of Cash Flows (USD $)
In Thousands
 6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Cash flows from operating activities    
Net income $ 3,583 $ 5,243
Depreciation and amortization 2,750 2,669
Gain on acquisition of restaurants 0 2,343
Asset impairment and estimated lease termination and other closing costs 186 (72)
Net loss on disposal of assets 7 8
Amortization of deferred financing costs 29 27
Deferred income taxes (119) 764
Deferred rent 413 266
Stock-based compensation 649 632
Tax benefit - equity awards issued (118) (59)
Restricted cash 119 (291)
Accounts receivable, net 172 445
Inventories 223 139
Prepaid expenses and other current assets 578 449
Deposits 1 26
Accounts payable 684 (121)
Accrued compensation and benefits (532) (733)
Other current liabilities (144) 722
Long-term deferred compensation (68) 33
Cash flows provided by operating activities 6,463 6,386
Cash flows from investing activities:    
Purchases of property, equipment and leasehold improvements (1,637) (1,707)
Acquisition of restaurants 0 (6,822)
Payments received on notes receivable 268 209
Cash flows used for investing activities (1,369) (8,320)
Cash flows from financing activities:    
Proceeds from long-term debt 0 6,800
Proceeds from draws on line of credit 13,800 8,500
Payments on line of credit (16,400) (9,500)
Payments for debt issuance costs (76) 0
Payments on long-term debt and financing lease obligation (292) (200)
Proceeds from (payments for) exercise of stock options 110 (5)
Tax benefit for equity awards issued 118 59
Repurchase of common stock (2,666) (4,927)
Cash flows (used for) provided by financing activities (5,406) 727
Decrease in cash and cash equivalents (312) (1,207)
Cash and cash equivalents, beginning of period 2,654 2,996
Cash and cash equivalents, end of period $ 2,342 $ 1,789