Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 24, 2012
Dec. 25, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 4,621 $ 2,827
Accounts receivable 467 447
Lease incentives receivable 3,268 2,100
Inventories 585 617
Prepaid expenses and other current assets 1,450 1,034
Total current assets 10,391 7,025
Property and equipment, net 58,652 48,114
Other assets and intangible assets, net 3,558 3,192
Deferred offering costs 2,323 1,638
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 120,893 105,938
CURRENT LIABILITIES    
Accounts payable 2,603 2,082
Accrued liabilities 10,158 7,740
Deferred tax liability 25 25
Deferred lease incentives 901 723
Current maturities of long-term debt 775 713
Total current liabilities 14,462 11,283
Deferred tax liability, less current portion 3,349 2,676
Accrued deferred rent 1,509 1,045
Deferred lease incentives, less current portion 12,102 10,388
Long-term debt, less current maturities 83,600 54,487
Total liabilities 115,022 79,879
Commitments and contingencies      
Temporary equity    
Common stock subject to put options, 30,209 shares 438 432
Stockholders' equity    
Common stock, $0.01 par value; 11,818,345 shares authorized and, 208,505 and 192,878 shares issued and outstanding at December 25, 2011 and June 24, 2012, respectively 2 2
Convertible preferred stock, $0.01 par value; 10,657,252 shares authorized, issued and outstanding at December 25, 2011 and 9,017,217 shares authorized, issued and outstanding at June 24, 2012; liquidation preference of $15,799 and $13,714 at December 25, 2011 and June 24, 2012, respectively 90 107
Paid-in capital 1,690 23,978
Retained earnings 3,651 1,540
Total stockholders' equity 5,433 25,627
Total liabilities and stockholders' equity $ 120,893 $ 105,938