RED ROBIN GOURMET BURGERS INC
For the period ended Apr 21, 2024. Filed May 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 21, 2024 · Filed May 29, 2024
RRGB$8.47-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Quarter Ended | ||
|---|---|---|
| (in thousands) | April 21, 2024 | April 16, 2023 |
| Cash flows from operating activities: | ||
| Net loss | $(9,460) | $(3,256) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 18,154 | 21,825 |
| Gift card breakage | (4,162) | (4,809) |
| Asset impairment | — | 694 |
| Non-cash other charges (gains), net | (193) | 770 |
| Stock-based compensation expense | 1,190 | 2,172 |
| Gain on sale leaseback, net | (7,425) | — |
| Other, net | 672 | 606 |
| Changes in operating assets and liabilities, net of business acquisition: | ||
| Accounts receivable | 7,610 | 8,907 |
| Income tax receivable | 31 | 89 |
| Inventories | (383) | 1,068 |
| Prepaid expenses and other current assets | (195) | (399) |
| Operating lease assets, net of liabilities | 3,024 | (3,654) |
| Trade accounts payable and accrued liabilities | 13,179 | 1,086 |
| Unearned revenue | (7,232) | (7,949) |
| Other operating assets and liabilities, net | (1,076) | 192 |
| Net cash provided by operating activities | 13,734 | 17,342 |
| Cash flows from investing activities: | ||
| Purchases of property, equipment, and intangible assets | (8,248) | (16,084) |
| Net proceeds from sale-leaseback | 23,393 | — |
| Net cash provided by (used in) investing activities | 15,145 | (16,084) |
| Cash flows from financing activities: | ||
| Proceeds from borrowings on revolving credit facilities | 10,000 | — |
| Repayments of borrowings on revolving credit facilities | (10,000) | — |
| Repayments of borrowings on term loan | (21,232) | (1,000) |
| Repayments of finance lease obligations | (291) | (241) |
| (Uses) Proceeds from other financing activities, net | (371) | 224 |
| Net cash used in financing activities | (21,894) | (1,017) |
| Effect of exchange rate changes on cash | 2 | (1) |
| Net change in cash and cash equivalents, and restricted cash | 6,987 | 240 |
| Cash and cash equivalents, and restricted cash, beginning of period | 31,565 | 58,206 |
| Cash and cash equivalents, and restricted cash, end of period | $38,552 | $58,446 |
| Supplemental disclosure of cash flow information | ||
| Income tax paid, net | $146 | $88 |
| Interest paid, net of amounts capitalized | $5,708 | $5,475 |
| Right of use assets obtained in exchange for operating lease obligations | $15,951 | $7,465 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.