CREDIT FACILITY AND DEBT COVENANTS, LONG-TERM DEBT, AND FINANCING LEASE OBLIGATIONS (Details) - USD ($)
|
12 Months Ended |
Jan. 03, 2016 |
Dec. 28, 2014 |
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
$ 3,000,000
|
|
| Long-term Debt, Weighted Average Interest Rate |
2.66%
|
2.72%
|
| Letters Of Credit Maximum |
$ 2,000,000
|
|
| Line of Credit |
0
|
$ 5,000,000
|
| Term Loan Balloon Payment |
6,750,000
|
|
| Long-term Debt, Current Maturities |
1,800,000
|
680,000
|
| Long-term debt, less current portion |
10,200,000
|
3,343,000
|
| Sale Leaseback Transaction, Historical Cost |
4,500,000
|
|
| Periodic Payment Increase Percentage |
0.0404
|
|
| Financing Lease Obligations Total |
3,150,000
|
3,501,000
|
| Financing Lease Obligations, Current |
393,000
|
351,000
|
| Financing lease obligations, less current portion |
2,757,000
|
3,150,000
|
| Future Payments Schedule [Abstract] |
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2014 |
1,800,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2015 |
1,800,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2016 |
8,400,000
|
|
| Long-term Debt, Total |
12,000,000
|
4,023,000
|
| Financing Lease Obligations, Future Minimum Payments Due in 2014 |
679,000
|
|
| Financing Lease Obligations, Future Minimum Payments Due in 2015 |
700,000
|
|
| Financing Lease Obligations, Future Minimum Payments Due in 2016 |
707,000
|
|
| Financing Lease Obligations, Future Minimum Payments Due in 2017 |
1,838,000
|
|
| Financing Lease Obligations, Future Minimum Payments Due, Total |
$ 3,924,000
|
|
| Federal Funds [Member] |
|
|
| Future Payments Schedule [Abstract] |
|
|
| Long Term Debt Percentage Bearing Fixed Interest Rate |
0.00%
|
|
| Wells Fargo Prime [Member] |
|
|
| Future Payments Schedule [Abstract] |
|
|
| Long Term Debt Percentage Bearing Fixed Interest Rate |
0.00%
|
|
| Base Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
1.75%
|
|
| Eurodollar Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
3.25%
|
|
| Maximum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.375%
|
|
| Maximum [Member] | Base Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
1.75%
|
|
| Maximum [Member] | Eurodollar Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
2.25%
|
|
| Minimum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.50%
|
|
| Minimum [Member] | Base Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
0.75%
|
|
| Minimum [Member] | Eurodollar Rate Loans [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Basis Spread on Variable Rate |
3.25%
|
|
| Assets Held under Capital Leases [Member] |
|
|
| Property, Plant and Equipment [Line Items] |
|
|
| Property, Plant and Equipment, Useful Life |
20 years
|
|
| Credit Facility [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Current Borrowing Capacity |
$ 3,000,000
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.375%
|
|
| Line of Credit Facility, Covenant Terms |
The Facility contains customary affirmative and negative covenants for credit facilities of this type, including limitations on the Borrower with respect to indebtedness, liens, investments, distributions, mergers and acquisitions, dispositions of assets and transactions with affiliates of the Borrower, among others. The Facility also includes various financial covenants that include maximum target capital expenditures, cash flow ratios, minimum EBITDA ratios and adjusted leverage ratios.
|
|
| Letters Of Credit Maximum |
$ 2,000,000
|
|
| Letters of Credit Outstanding, Amount |
1,100,000
|
|
| Line of Credit, Current |
0
|
0
|
| Line of Credit |
0
|
5,000,000
|
| Future Payments Schedule [Abstract] |
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2014 |
0
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2015 |
0
|
|
| Long-term Debt, Total |
$ 0
|
$ 5,000,000
|
| Credit Facility [Member] | Maximum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.00%
|
|
| Credit Facility [Member] | Minimum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.00%
|
|
| Long Term Debt [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Long-term Debt, Weighted Average Interest Rate |
2.77%
|
2.12%
|
| Debt Instrument, Periodic Payment, Principal |
|
$ 57,000
|
| Term Loan Balloon Payment |
|
3,003,000
|
| Long-term Debt, Current Maturities |
$ (1,800,000)
|
(680,000)
|
| Future Payments Schedule [Abstract] |
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2014 |
1,800,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2015 |
$ 8,400,000
|
|
| Financing Lease Obligations [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Long-term Debt, Description |
Principal amounts outstanding under the Term Loan bear interest at the same rate as the Facility. The weighted average interest rate of the Term Loan for fiscal years ended January 3, 2016 and December 28, 2014 was 2.77% and 2.12%, respectively. The Company is required to
|
|
| Debt Instrument, Periodic Payment, Principal |
$ 5
|
|
| Financing Lease Obligation Terms |
On March 31, 1999, the Company completed a $4.5 million financing obligation involving three existing restaurants as part of a sale/leaseback transaction. Under this financing, we are obligated to make monthly payments of $56,627 (which increases 4.04% every two years) for a minimum of 20 years. At the end of the 20 year lease term, we may extend the lease for up to two additional five year terms. We also have the option to purchase the leased restaurants on the 20th anniversary of the lease term and between the first and second five year option terms. The option purchase price is the greater of $4.5 million or the fair market value, as defined in the agreement, of the properties at the time the purchase option is exercised. Based upon our continued involvement in the leased property and its purchase option, the transaction has been accounted for as a financing arrangement. Accordingly, the three existing restaurants are included in property, equipment and leasehold improvements, and are being depreciated over a 20 year term. In addition, as the monthly lease payments are made, the obligation will be reduced by the 20 year amortization table.
|
|
| Sale Leaseback Transaction, Historical Cost |
$ 4,500,000
|
|
| Financing Lease Obligations Total |
3,150,000
|
3,501,000
|
| Financing Lease Obligations, Current |
(393,000)
|
(351,000)
|
| Financing lease obligations, less current portion |
2,757,000
|
$ 3,150,000
|
| Future Payments Schedule [Abstract] |
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2015 |
679,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2016 |
700,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2017 |
707,000
|
|
| Long-term Debt, Maturities, Repayments of Principal in 2018 |
1,838,000
|
|
| Financing Lease Obligations, Future Minimum Payments Due, Total |
3,924,000
|
|
| Financing Lease Obligations [Member] | Maximum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Periodic Payment, Principal |
59,000
|
|
| Financing Lease Obligations [Member] | Minimum [Member] |
|
|
| Debt Instrument [Line Items] |
|
|
| Debt Instrument, Periodic Payment, Principal |
$ 54,000
|
|