Chuy's Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Cash flows from operating activities:
Net income	$ 11,491us-gaap_NetIncomeLoss	$ 11,069us-gaap_NetIncomeLoss	$ 5,457us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,310	8,858	6,528
Amortization of loan origination costs	45us-gaap_AmortizationOfFinancingCosts	45us-gaap_AmortizationOfFinancingCosts	248us-gaap_AmortizationOfFinancingCosts
Write-off of loan origination costs associated with paydown of long-term debt	0	0	1,673
Stock-based compensation	1,054us-gaap_ShareBasedCompensation	531us-gaap_ShareBasedCompensation	329us-gaap_ShareBasedCompensation
Excess tax benefit from stock-based compensation	(609)	(3,990)	0
Loss on disposal of property and equipment	30	61	56
Amortization of deferred lease incentives	(1,303)	(1,242)	(848)
Deferred income taxes	3,060	(314)	1,760
Changes in operating assets and liabilities:
Accounts receivable	(286)	(72)	(117)
Inventories	(221)us-gaap_IncreaseDecreaseInInventories	(84)us-gaap_IncreaseDecreaseInInventories	(4)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets	(586)	(96)	(696)
Accounts payable	(770)	(610)	1,381
Accrued liabilities and deferred rent	2,853	4,612	3,904
Deferred lease incentives	4,067	5,473	5,032
Net cash provided by operating activities	29,135	24,241	24,703
Cash flows from investing activities:
Purchase of property and equipment	(33,936)	(30,905)	(27,246)
Purchase of other assets	(388)	(293)	(179)
Net cash used in investing activities	(34,324)	(31,198)	(27,425)
Cash flows from financing activities:
Payments on long-term debt	0us-gaap_RepaymentsOfLongTermDebt	0us-gaap_RepaymentsOfLongTermDebt	(82,000)us-gaap_RepaymentsOfLongTermDebt
Borrowings on long-term debt	0	0	29,500
Purchase of stock	0us-gaap_PaymentsForRepurchaseOfEquity	0us-gaap_PaymentsForRepurchaseOfEquity	(22,474)us-gaap_PaymentsForRepurchaseOfEquity
Proceeds from sale of common stock, net of underwriting fees	0	0	81,104
Deferred offering costs	0chuy_PaymentsOfDeferredOfferingCosts	0chuy_PaymentsOfDeferredOfferingCosts	(2,137)chuy_PaymentsOfDeferredOfferingCosts
Borrowings under revolving line of credit	4,250	3,000	7,250
Payments under revolving line of credit	(1,500)	(2,000)	(4,950)
Loan origination costs	0us-gaap_PaymentsOfFinancingCosts	0us-gaap_PaymentsOfFinancingCosts	(543)us-gaap_PaymentsOfFinancingCosts
Excess tax benefit from stock-based compensation	609	3,990	0
Proceeds from the exercise of stock options	322	1,435	0
Net cash provided by financing activities	3,681	6,425	5,750
Net increase (decrease) in cash and cash equivalents	(1,508)	(532)	3,028
Cash and cash equivalents, beginning of period	5,323	5,855	2,827
Cash and cash equivalents, end of period	3,815	5,323	5,855
Supplemental disclosure of non-cash investing and financing activities:
Property and equipment and other assets acquired by accounts payable	2,071	1,767	0
Supplemental cash flow disclosures:
Cash paid for interest	175us-gaap_InterestPaidNet	130us-gaap_InterestPaidNet	4,227us-gaap_InterestPaidNet
Cash paid for income taxes	632us-gaap_IncomeTaxesPaidNet	685us-gaap_IncomeTaxesPaidNet	382us-gaap_IncomeTaxesPaidNet
Deferred offering costs paid in 2011 reclassed to equity	$ 0	$ 0	$ 875