Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Dec. 31, 2023
Cash Flows From Operating Activities:      
Net income (loss) $ (23,284) $ (77,541) $ (21,228)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 51,120 57,729 66,190
Gift card breakage (5,243) (7,930) (9,874)
Asset impairment 2,713 32,838 9,130
Non-cash other (gains) charges (1,633) (5) (1,404)
Stock-based compensation expense 1,469 6,961 6,933
Gain on sale of property (1,127) (7,425) (30,137)
Amortization of debt issuance costs 3,764 2,467 2,032
Other, net 927 (114) (794)
Changes in operating assets and liabilities:      
Accounts receivable and other, net 247 1,903 397
Inventories 134 (220) (280)
Prepaid expenses and other current assets (653) (597) 1,558
Operating lease assets, net of liabilities (6,173) (1,455) (11,841)
Trade accounts payable and accrued liabilities 7,748 3,441 (9,843)
Unearned revenue 5,446 (1,054) (1,097)
Other operating assets and liabilities, net 1,553 (1,951) (899)
Net cash provided by (used in) operating activities 37,008 7,047 (1,157)
Cash Flows From Investing Activities:      
Purchases of property, equipment and intangible assets (30,784) (26,034) (49,440)
Proceeds from sales of property and equipment, and other 6,166 24,287 61,195
Acquisition of franchised restaurants 0 0 (3,529)
Net cash provided by (used in) investing activities (24,618) (1,747) 8,226
Cash Flows From Financing Activities:      
Net (repayments) borrowings on revolving credit facility (17,000) 20,000 (15,000)
Repayments of borrowings on term loan (2,770) (21,232) (9,857)
Repayments of finance lease obligations (1,036) (923) (898)
Proceeds from borrowings for insurance premium financing 3,540 4,265 0
Repayments of insurance premium financing (4,403) (3,619) 0
Purchase of treasury stock 0 0 (9,960)
Debt issuance costs (575) (2,749) 0
Proceeds from issuance of common stock, net of stock issuance costs   7,093 0
Proceeds from issuance of common stock, net of stock issuance costs (479)    
Proceeds (uses) from other financing activities, net 471 (299) 2,003
Net cash provided by (used in) financing activities (22,252) 2,536 (33,712)
Effect of exchange rate changes on cash 0 0 2
Net change in cash and cash equivalents, and restricted cash (9,862) 7,836 (26,641)
Cash and cash equivalents, and restricted cash, beginning of period 39,401 31,565 58,206
Cash and cash equivalents, and restricted cash, end of period 29,539 39,401 31,565
Supplemental disclosure of cash flow information      
Net (refunds received) income taxes paid (30) 83 454
Interest paid 23,133 22,737 24,084
Accrued purchases of property, equipment and intangible assets $ 3,296 $ 2,707 $ 1,836