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The closing of the 2015 Private Placement Transaction occurred on April 10, 2015.</font></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company relied on the exemption from registration provided for under Section 4(a)(2) of the Securities Act of 1933 based in part on the representations made by the Purchasers, including the representations with respect to each Purchaser&#8217;s status as an accredited investor, as such term is defined in Rule 501(a) under the Securities Act, and the investment intent of each Purchaser with respect to the shares of common stock acquired by such Purchaser pursuant to the 2015 Purchase Agreement.</div><div style="text-align: justify; margin-left: 36pt;"><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Concurrently with entering into the 2015 Purchase Agreement, the Company and the Purchasers entered into a Registration Rights Agreement dated April 10, 2015 (&#8220;Registration Rights Agreement&#8221;), pursuant to which the Company agreed to file a registration statement within 30 days, subject to certain delays or extensions of time, covering the shares of the Company&#8217;s common stock, acquired by each of the Purchasers, as well as unregistered shares previously acquired one of the Purchasers from the Company in the previously-disclosed private placement transaction closed on August 22, 2014.&#160; These shares covered by the Registration Rights Agreement were registered under a registration statement effective June 2, 2015.</div><div style="text-align: justify; margin-left: 36pt;"><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company had also granted registration rights to other investors in the Company&#8217;s securities that are substantially equivalent to those granted under the Registration Rights Agreement, including the shares issued in 2014 to each of MILFAM and Lloyd I. Miller Trust C, as well as the shares issued on April 1, 2015, to the owners upon completion of the previously-announced Merger. These shares were registered under the registration statement effective June 2, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company had also granted substantially equivalent registration rights to the AB Entities for shares issued in 2014 upon exercise of $.01 warrants that were acquired by the AB Entities in connection with the previously-disclosed Senior Secured Promissory Notes issued by the Company to the AB Entities on May 20, 2014.These shares were sold under an exemption from registration and are not covered by the registration statement effective June 2, 2015.</div></div> 21291000 12371000 383000 -310070000 323256000 -1198000 480000 -1198000 344179000 -322170000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: justify;">Note 13 &#8211; Subsequent Events</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company evaluated subsequent events occurring after our consolidated&#160; balance sheet date, September 28, 2015 through the date the consolidated financial statements were issued and concluded that there were no events requiring recognition or disclosure in the consolidated financial statements.</div></div> 59886 59886 1198000 1198000 1000000 18846038 43216165 20334567 46722660 82000 211000 235000 1391000 0 1571000 403000 0 225000 0 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-right: 40.5pt;">Note 7 - Lease Termination Costs</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Future store closings, if any, resulting from our decision to close underperforming locations prior to their scheduled lease expiration dates may result in additional lease termination charges. For all exit activities, we estimate our likely liability under contractual leases for restaurants that have been closed. Such estimates have affected the amount and timing of charges to operating results and are impacted by management&#8217;s judgments about the time it may take to find a suitable subtenant or assignee, or the terms under which a termination of the lease agreement may be negotiated with the landlord. We recognize costs associated with exit or disposal activities at the time a commitment to an exit or disposal plan is communicated to the landlord.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The lease termination costs that we recorded during the three-month period ended September 28, 2015 and September 29, 2014 were not material. The lease termination costs of approximately $0.2 million&#160;and $1.3 million that were recorded during the nine-month periods ended September 28, 2015 and September 29, 2014, respectively, relate to the closing of 1 and 10 Company-owned restaurants, respectively.</div></div> 0.76 3 10 1 500000 200000 500000 100000 196000 25000 12000 0 241000 0 217000 0 5000 4000 0 0.05 0.1 36000 0.12 0.11 1 823000 0.01 P90D 488000 0.06 500000 1000000 675000 450000 P30D 205000 0.5 215000000 P3Y 0.05 1100000 777000 4 0.25 0.25 0.25 0.25 1174064 200000 P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D P30D 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5