v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2016
Dec. 28, 2014
Dec. 29, 2013
Cash flows from operating activities:      
Net income from continuing operations $ 1,079 $ 2,255 $ 3,949
Adjustments to reconcile net income to cash flows provided by operations:      
Depreciation and amortization 4,452 5,183 5,253
Amortization Of Financing Costs 212 84 69
Net loss on disposal of property (2,337) 430 34
Asset impairment and estimated lease termination and other closing costs 1,520 4,517 1,181
Deferred income taxes (4,255) (728) (113)
Deferred rent and net amortization of lease interest assets and liablities 909 940 1,084
Stock-based compensation 386 (817) 1,502
Tax benefit for equity awards issued - operating activities (144) (1,177) (513)
Restricted cash (439) 453 (412)
Accounts receivable, net (1,257) 483 (176)
Inventories 140 (40) (200)
Prepaid expenses and other current assets 267 531 244
Deposits 9 (27) (12)
Accounts payable (305) (866) 2,348
Accrued compensation and benefits (2,165) (1,224) (788)
Other current liabilities 162 1,229 317
Other liabilities - operating activities (38) 31 30
Long-term deferred compensation (74) (135) 165
Cash flows provided by continuing operating activities (1,878) 11,122 13,962
Cash provided by discontinued operations 3,862 1,557 1,638
Cash flows provided by operating activities 1,984 12,679 15,600
Cash flows from investing activities:      
Proceeds from the sale of restaurant assets 7,502 95 0
Purchases of property, equipment and leasehold improvements (3,197) (1,568) (6,428)
Purchase of intangible assets 0 0 (229)
Cash flows used for continuing investing activities 4,305 (1,473) (6,657)
Cash flows provided by discontinued investing activities (60) (1,317) (156)
Cash flows provided by (used for) investing activities 4,245 (2,790) (6,813)
Cash flows from financing activities:      
Proceeds from draws on line of credit 27,700 22,400 23,900
Payments on line of credit (24,440) (28,800) (26,100)
Payments for debt issuance costs (160) (40) (58)
Payments on long-term debt and financing lease obligations (634) (981) (946)
(Payments for) proceeds from exercise of stock options 0 (114) (42)
Tax benefit for equity awards issued - financing activities 144 1,177 513
Repurchase of common stock (5,672) (2,691) (6,835)
Cash flows used for financing activities (3,062) (9,049) (9,568)
Increase (decrease) in cash and cash equivalents 3,167 840 (781)
Cash and cash equivalents, beginning of year 2,133 1,293 2,074
Cash and cash equivalents, end of year $ 5,300 $ 2,133 $ 1,293