Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.21.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2021
Dec. 27, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 97,258 $ 86,817
Accounts receivable 908 1,507
Lease incentives receivable 200 200
Income tax receivable 624 974
Inventories 1,269 1,449
Prepaid expenses and other current assets 3,257 3,614
Total current assets 103,516 94,561
Property and equipment, net 182,047 185,105
Operating lease assets 156,597 159,156
Deferred tax asset 8,873 7,806
Other assets and intangible assets, net 1,163 1,078
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 498,165 493,675
CURRENT LIABILITIES    
Accounts payable 4,403 2,977
Accrued liabilities 26,462 25,775
Operating lease liabilities 13,956 14,566
Total current liabilities 44,821 43,318
Operating lease liabilities, less current portion 202,956 207,601
Other liabilities 1,040 898
Total liabilities 248,817 251,817
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 19,946,228 shares issued and outstanding at March 28, 2021 and 19,710,549 shares issued and outstanding at December 27, 2020 199 197
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at March 28, 2021 and December 27, 2020 0 0
Paid-in capital 145,731 144,897
Retained earnings 103,418 96,764
Total stockholders’ equity 249,348 241,858
Total liabilities and stockholders’ equity $ 498,165 $ 493,675