Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 4 Months Ended
Apr. 21, 2024
Apr. 16, 2023
Cash flows from operating activities:    
Net loss $ (9,460,000) $ (3,256,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 18,154,000 21,825,000
Gift card breakage (4,162,000) (4,809,000)
Asset impairment 0 694,000
Non-cash other charges (gains), net (193,000) 770,000
Stock-based compensation expense 1,190,000 2,172,000
Gain on sale leaseback, net (7,425,000) 0
Other, net 672,000 606,000
Changes in operating assets and liabilities, net of business acquisition:    
Accounts receivable 7,610,000 8,907,000
Income tax receivable 31,000 89,000
Inventories (383,000) 1,068,000
Prepaid expenses and other current assets (195,000) (399,000)
Operating lease assets, net of liabilities 3,024,000 (3,654,000)
Trade accounts payable and accrued liabilities 13,179,000 1,086,000
Unearned revenue (7,232,000) (7,949,000)
Other operating assets and liabilities, net (1,076,000) 192,000
Net cash provided by operating activities 13,734,000 17,342,000
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets (8,248,000) (16,084,000)
Net proceeds from sale-leaseback 23,393,000 0
Net cash provided by (used in) investing activities 15,145,000 (16,084,000)
Cash flows from financing activities:    
Proceeds from borrowings on revolving credit facilities 10,000,000 0
Repayments of borrowings on revolving credit facilities (10,000,000) 0
Repayments of borrowings on term loan (21,232,000) (1,000,000)
Repayments of finance lease obligations (291,000) (241,000)
(Uses) Proceeds from other financing activities, net (371,000) 224,000
Net cash used in financing activities (21,894,000) (1,017,000)
Effect of exchange rate changes on cash 2,000 (1,000)
Net change in cash and cash equivalents, and restricted cash 6,987,000 240,000
Cash and cash equivalents, and restricted cash, beginning of period 31,565,000 58,206,000
Cash and cash equivalents, and restricted cash, end of period 38,552,000 58,446,000
Supplemental disclosure of cash flow information    
Income tax paid, net 146,000 88,000
Interest paid, net of amounts capitalized 5,708,000 5,475,000
Right of use assets obtained in exchange for operating lease obligations $ 15,951,000 $ 7,465,000