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What is the cash burn rate for Nathan's Famous Inc. for fiscal year ending March 2020? Nathan's has how many days of cash? Nathan's Famous,

What is the cash burn rate for Nathan's Famous Inc. for fiscal year ending March 2020? Nathan's has how many days of cash? image text in transcribed

Nathan's Famous, Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Fifty-Two weeks ended March 29, 2020 Fifty-Three weeks ended March 31, 2019 13,435 $ 21,493 1,233 1,212 (11,177) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities Depreciation and amortization Gain on sale of property and equipment Non cash rental expense Amortization of debt issuance costs Share-based compensation expense Income tax benefit on stock option exercises Provision for doubtful accounts Deferred income taxes Changes in operating assets and liabilities: Accounts and other receivables, net Inventories Prepaid expenses and other current assets Other assets Accounts payable, accrued expenses and other current liabilities Deferred franchise fees Other liabilities 232 691 116 228 71 352 691 162 310 100 86 (1,006) 157 (174) 122 (2,028) 229 (151) 1,866 (172) (3,367) (161) 35 (1,088) Net cash provided by operating activities 12,349 11,156 Cash flows from investing activities: Proceeds from disposal of property and equipment Purchase of property and equipment 12,775 (447) (870) Net cash (used in provided by investing activities (870) 12,328 Cash flows from financing activities: Dividends paid to stockholders Repurchase of treasury stock Proceeds from the exercise of stock options Payments of withholding tax on net share settlement of share-based compensation plans (5,912) (4,966) 1,078 (8 (4,337) (1,000) 134 (174) Net cash used in financing activities (9,808) (5,377) Net increase in cash and cash equivalents 1,671 18,107 Cash and cash equivalents, beginning of year 75,446 57,339 Cash and cash equivalents, end of year 77,117 $ 75,446 Cash paid during the year for: Interest S $ 9,938 9,938 3,874 Income taxes S $ 6,284 Noncash financing activity: Dividends declared per share 1.40 1.00 The accompanying notes are an integral part of these consolidated financial statements. F-7 Nathan's Famous, Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Fifty-Two weeks ended March 29, 2020 Fifty-Three weeks ended March 31, 2019 13,435 $ 21,493 1,233 1,212 (11,177) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities Depreciation and amortization Gain on sale of property and equipment Non cash rental expense Amortization of debt issuance costs Share-based compensation expense Income tax benefit on stock option exercises Provision for doubtful accounts Deferred income taxes Changes in operating assets and liabilities: Accounts and other receivables, net Inventories Prepaid expenses and other current assets Other assets Accounts payable, accrued expenses and other current liabilities Deferred franchise fees Other liabilities 232 691 116 228 71 352 691 162 310 100 86 (1,006) 157 (174) 122 (2,028) 229 (151) 1,866 (172) (3,367) (161) 35 (1,088) Net cash provided by operating activities 12,349 11,156 Cash flows from investing activities: Proceeds from disposal of property and equipment Purchase of property and equipment 12,775 (447) (870) Net cash (used in provided by investing activities (870) 12,328 Cash flows from financing activities: Dividends paid to stockholders Repurchase of treasury stock Proceeds from the exercise of stock options Payments of withholding tax on net share settlement of share-based compensation plans (5,912) (4,966) 1,078 (8 (4,337) (1,000) 134 (174) Net cash used in financing activities (9,808) (5,377) Net increase in cash and cash equivalents 1,671 18,107 Cash and cash equivalents, beginning of year 75,446 57,339 Cash and cash equivalents, end of year 77,117 $ 75,446 Cash paid during the year for: Interest S $ 9,938 9,938 3,874 Income taxes S $ 6,284 Noncash financing activity: Dividends declared per share 1.40 1.00 The accompanying notes are an integral part of these consolidated financial statements. F-7

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