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, unless otherwise specified
Mar. 31, 2013
Dec. 30, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 3,096 $ 5,855
Accounts receivable 708 564
Lease incentives receivable 4,943 4,213
Inventories 642 621
Prepaid expenses and other current assets 1,920 1,730
Total current assets 11,309 12,983
Property and equipment, net 72,501 68,414
Other assets and intangible assets, net 2,459 2,355
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 132,238 129,721
CURRENT LIABILITIES    
Accounts payable 3,144 3,463
Accrued liabilities 9,346 11,156
Deferred lease incentives 1,044 1,044
Total current liabilities 13,534 15,663
Deferred tax liability, less current portion 3,945 4,186
Accrued deferred rent 2,210 1,902
Deferred lease incentives, less current portion 16,434 15,507
Long-term debt, less current maturities 5,000 5,000
Total liabilities 41,123 42,258
Commitments and contingencies 0 0
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized and 15,918,427 shares issued and outstanding at December 30, 2012; 60,000,000 shares authorized and 16,228,731 shares issued and outstanding at March 31, 2013 162 159
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at December 30, 2012 or March 31, 2013 0 0
Paid-in capital 81,315 80,307
Retained earnings 9,638 6,997
Total stockholders’ equity 91,115 87,463
Total liabilities and stockholders’ equity $ 132,238 $ 129,721