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

Condensed Consolidated Statements of Cash Flows

v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 30, 2017
Mar. 31, 2016
Dec. 29, 2016
Dec. 31, 2015
Dec. 25, 2014
Operating activities          
Net income $ 11,128 $ 7,101 $ 43,039 $ 26,807 $ 15,098
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 8,933 6,125 28,604 19,684 13,704
Loss on asset disposals 0 47 451 144 148
Amortization of tenant improvement allowances (755) (605) (2,561) (2,197) (1,896)
Deferred income taxes 5,453 132 (5,536) 464 (1,426)
Stock based compensation expense 885 755 3,229 3,258 2,323
Changes in operating assets and liabilities:          
Receivables, net 1,150 5,135 (10,793) (7,997) (7,761)
Inventories, net (22,838) (12,373) (21,133) (70,988) (45,985)
Other assets (2,755) (96) (4,817) (2,520) (2,069)
Trade accounts payable 47,473 1,943 11,145 40,454 47,780
Accrued expenses (7,073) 2,237 27,244 4,908 7,488
Income taxes 699 4,370 8,271 (4,805) 6,223
Deferred revenue 6,470 3,457 2,311 4,997 2,023
Deferred rent 2,785 437 3,870 3,327 2,507
Tenant improvement allowances 4,495 517 4,244 4,816 5,660
Other 24 26 75 28 (223)
Net cash provided by operating activities 56,074 19,208 89,456 20,380 43,594
Investing activities          
Purchases of fixed assets (19,801) (13,915) (74,648) (45,037) (39,069)
Net cash used in investing activities (19,801) (13,915) (74,648) (45,021) (39,069)
Financing activities          
Borrowings on revolving line of credit 25,300 46,150 171,850 204,300 119,700
Payments on revolving line of credit (60,800) (51,050) (214,750) (177,900) (123,400)
Proceeds from term loans     362,000 0 0
Payments on term loans (875) (367) (98,334) (1,667) (1,467)
Debt issuance costs 0 (17) (10,546) (93) (208)
Proceeds from exercise of stock options 96 34 284 40 658
Cash dividends     225,000 0 0
Net cash used in financing activities (36,279) (5,250) (14,675) 24,680 (4,421)
Net (decrease) increase in cash and cash equivalents (6) 43 133 39 104
Cash and cash equivalents, beginning of the period 451 318 318 279 175
Cash and cash equivalents, end of the period 445 361 451 318 279
Supplemental disclosures of cash flow information          
Cash paid for interest 7,945 1,752 6,922 8,898 7,903
Cash paid for income taxes 0 20 8,929 20,182 4,778
Fixed assets accrued at the end of the period $ 7,372 $ 6,964 5,387 7,002 3,343
Fixed assets acquired as part of lease-paid for by lessor     $ 2,290 $ 0 $ 0