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. 26, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 82,598 $ 78,028
Accounts receivable 1,818 2,004
Lease incentives receivable 900 900
Inventories 1,614 2,069
Prepaid expenses and other current assets 4,285 4,817
Total current assets 91,215 87,818
Property and equipment, net 189,384 185,956
Operating lease assets 144,435 146,920
Deferred tax asset, net 4,750 4,958
Other assets and intangible assets, net 3,680 3,160
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 479,433 474,781
Current liabilities:    
Accounts payable 7,043 8,059
Accrued liabilities 22,833 23,321
Operating lease liabilities 12,489 12,499
Income tax payable 1,122 479
Total current liabilities 43,487 44,358
Operating lease liabilities, less current portion 180,643 183,670
Other liabilities 2,725 2,192
Total liabilities 226,855 230,220
Contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 18,121,408 shares issued and outstanding at March 26, 2023 and 17,998,170 shares issued and outstanding at December 25, 2022 181 180
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at March 26, 2023 and December 25, 2022 0 0
Paid-in capital 96,380 96,586
Retained earnings 156,017 147,795
Total stockholders’ equity 252,578 244,561
Total liabilities and stockholders’ equity $ 479,433 $ 474,781