Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 29, 2013
Dec. 30, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 5,323 $ 5,855
Accounts receivable 636 564
Lease incentives receivable 1,933 4,213
Inventories 705 621
Prepaid expenses and other current assets 1,826 1,730
Total current assets 10,423 12,983
Property and equipment, net 93,520 69,748
Other assets and intangible assets, net 1,250 1,021
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 151,162 129,721
CURRENT LIABILITIES    
Accounts payable 4,620 3,463
Accrued liabilities 9,903 10,881
Deferred lease incentives 1,335 1,044
Current deferred tax liability 89 275
Total current liabilities 15,947 15,663
Deferred tax liability 4,058 4,186
Accrued deferred rent 3,502 1,902
Deferred lease incentives, less current portion 17,167 15,507
Long-term debt 6,000 5,000
Total liabilities 46,674 42,258
Commitments and contingencies      
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,385,683 shares issued and outstanding at December 29, 2013 and 15,918,427 shares issued and outstanding at December 30, 2012 164 159
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at December 29, 2013 and December 30, 2012 0 0
Paid-in capital 86,258 80,307
Retained earnings 18,066 6,997
Total stockholders’ equity 104,488 87,463
Total liabilities and stockholders’ equity $ 151,162 $ 129,721