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
Sep. 28, 2014
Dec. 29, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 3,493 $ 5,323
Accounts receivable 737 636
Lease incentives receivable 1,994 1,933
Inventories 848 705
Prepaid expenses and other current assets 2,293 1,826
Total current assets 9,365 10,423
Property and equipment, net 114,040 93,520
Other assets and intangible assets, net 1,451 1,250
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 170,825 151,162
CURRENT LIABILITIES    
Accounts payable 4,310 4,620
Accrued liabilities 10,079 9,903
Deferred lease incentives 1,419 1,335
Current deferred tax liability 89 89
Total current liabilities 15,897 15,947
Deferred tax liability 6,472 4,058
Accrued deferred rent 4,783 3,502
Deferred lease incentives, less current portion 19,478 17,167
Long-term debt 8,750 6,000
Total liabilities 55,380 46,674
Commitments and contingencies      
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,440,906 shares issued and outstanding at September 28, 2014 and 16,385,683 shares issued and outstanding at December 29, 2013 164 164
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at September 28, 2014 and December 29, 2013 0 0
Paid-in capital 88,030 86,258
Retained earnings 27,251 18,066
Total stockholders’ equity 115,445 104,488
Total liabilities and stockholders’ equity $ 170,825 $ 151,162