Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 27, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 89,713 $ 106,621
Accounts receivable 1,830 1,811
Lease incentives receivable 1,000 0
Income tax receivable 975 1,083
Inventories 1,614 1,676
Prepaid expenses and other current assets 3,557 3,273
Total current assets 98,689 114,464
Property and equipment, net 177,752 179,369
Operating lease assets 150,039 148,444
Deferred tax asset, net 5,038 5,400
Other assets and intangible assets, net 2,362 1,678
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 479,849 495,324
Current liabilities:    
Accounts payable 5,327 4,127
Accrued liabilities 20,705 25,242
Operating lease liabilities 13,344 13,003
Total current liabilities 39,376 42,372
Operating lease liabilities, less current portion 190,307 188,735
Other liabilities 1,932 1,423
Total liabilities 231,615 232,530
Contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 18,937,768 shares issued and outstanding at March 27, 2022 and 19,538,058 shares issued and outstanding at December 26, 2021 189 195
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at March 27, 2022 and December 26, 2021 0 0
Paid-in capital 115,587 135,659
Retained earnings 132,458 126,940
Total stockholders’ equity 248,234 262,794
Total liabilities and stockholders’ equity $ 479,849 $ 495,324