v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 25, 2025
Jun. 26, 2024
Cash flows from operating activities:    
Net income $ 12,588 $ 13,545
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization 7,816 7,721
Stock-based compensation expense 2,747 1,817
Loss on disposition of restaurants   7
Loss on disposal of assets 54 104
Gain on recovery of insurance proceeds, net   (41)
Amortization of deferred financing costs 96 96
Deferred income taxes, net (2,072) 198
Changes in operating assets and liabilities:    
Accounts and other receivables (2,523) 22
Inventories 210 169
Prepaid expenses and other current assets 1,840 2,116
Income taxes receivable/ payable (2,051) 86
Operating lease assets 9,651 9,599
Other assets (257) (134)
Accounts payable 3,895 259
Accrued salaries and vacation (1,607) 2,450
Accrued insurance (86) 99
Payment related to tax receivable agreement   (399)
Operating lease liabilities (9,703) (9,362)
Other accrued expenses and liabilities (1,726) (235)
Net cash flows provided by operating activities 18,872 28,117
Cash flows from investing activities:    
Proceeds from disposition of restaurants   100
Proceeds from fire insurance for property and equipment   41
Purchase of property and equipment (8,427) (10,687)
Net cash flows used in investing activities (8,427) (10,546)
Cash flows from financing activities:    
Proceeds from borrowings on revolver and swingline loans 8,000 14,000
Payments on revolver and swingline loan (10,000) (11,000)
Minimum tax withholdings related to net share settlements (435) (148)
Proceeds from issuance of common stock upon exercise of stock options, net of expenses 452 1,057
Payment of obligations under finance leases (114) (101)
Repurchases of common stock (1,843) (18,202)
Net cash flows used in financing activities (3,940) (14,394)
Increase in cash and cash equivalents 6,505 3,177
Cash and cash equivalents, beginning of period 2,484 7,288
Cash and cash equivalents, end of period 8,989 10,465
Supplemental cash flow information    
Cash paid during the period for interest 2,316 3,061
Cash paid during the period for income taxes 9,921 4,925
Unpaid purchases of property and equipment $ 3,998 4,351
Unpaid repurchases of common stock and excise tax   $ 742