Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 25, 2022
Dec. 26, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 78,028 $ 106,621
Accounts receivable 2,004 1,811
Lease incentives receivable 900 0
Inventories 2,069 1,676
Income tax receivable 0 1,083
Prepaid expenses and other current assets 4,817 3,273
Total current assets 87,818 114,464
Property and equipment, net 185,956 179,369
Operating lease assets 146,920 148,444
Deferred tax asset, net 4,958 5,400
Other assets and intangible assets, net 3,160 1,678
Trade name 21,900 21,900
Goodwill 24,069 24,069
Total assets 474,781 495,324
Current liabilities:    
Accounts payable 8,059 4,127
Accrued liabilities 23,321 25,242
Operating lease liabilities 12,499 13,003
Income tax payable 479 0
Total current liabilities 44,358 42,372
Operating lease liabilities, less current portion 183,670 188,735
Other liabilities 2,192 1,423
Total liabilities 230,220 232,530
Contingencies 0 0
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 17,998,170 shares issued and outstanding at December 25, 2022 and 19,538,058 shares issued and outstanding at December 26, 2021 180 195
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at December 25, 2022 and December 26, 2021 0 0
Paid-in capital 96,586 135,659
Retained earnings 147,795 126,940
Total stockholders’ equity 244,561 262,794
Total liabilities and stockholders’ equity $ 474,781 $ 495,324