General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 29, 2016
Dec. 31, 2015
Dec. 25, 2014
Operating activities      
Net income $ 43,039 $ 26,807 $ 15,098
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 28,604 19,684 13,704
Loss on extinguishment of debt 1,813 0 0
Loss on asset disposals 451 144 148
Amortization of tenant improvement allowances (2,561) (2,197) (1,896)
Deferred income taxes (5,536) 464 (1,426)
Stock based compensation expense 3,229 3,258 2,323
Changes in operating assets and liabilities:      
Receivables, net (10,793) (7,997) (7,761)
Inventories, net (21,133) (70,988) (45,985)
Other assets (4,817) (2,520) (2,069)
Trade accounts payable 11,145 40,454 47,780
Accrued expenses 27,244 4,908 7,488
Income taxes 8,271 (4,805) 6,223
Deferred revenue 2,311 4,997 2,023
Deferred rent 3,870 3,327 2,507
Tenant improvement allowances 4,244 4,816 5,660
Other 75 28 (223)
Net cash provided by operating activities 89,456 20,380 43,594
Investing activities      
Purchases of fixed assets (74,648) (45,037) (39,069)
Other 0 16 0
Net cash used in investing activities (74,648) (45,021) (39,069)
Financing activities      
Borrowings on revolving line of credit 171,850 204,300 119,700
Payments on revolving line of credit (214,750) (177,900) (123,400)
Proceeds from term loans 362,000 0 0
Payments on term loans (98,334) (1,667) (1,467)
Prepayment penalty on term loan extinguishment (179) 0 0
Debt issuance costs (10,546) (93) (208)
Cash dividends (225,000) 0 0
Proceeds from exercise of stock options 284 40 658
Excess tax benefit from exercise of stock options 0 0 296
Net cash used in financing activities (14,675) 24,680 (4,421)
Net (decrease) increase in cash and cash equivalents 133 39 104
Cash and cash equivalents, beginning of the period 318 279 175
Cash and cash equivalents, end of the period 451 318 279
Supplemental disclosures of cash flow information      
Cash paid for interest 6,922 8,898 7,903
Cash paid for income taxes 8,929 20,182 4,778
Fixed assets accrued at the end of the period 5,387 7,002 3,343
Fixed assets acquired as part of lease-paid for by lessor $ 2,290 $ 0 $ 0