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
Jun. 28, 2015
Dec. 28, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 7,634 $ 3,815
Accounts receivable 684 922
Lease incentives receivable 2,079 4,164
Inventories 1,043 926
Prepaid expenses and other current assets 3,662 3,087
Total current assets 15,102 12,914
Property and equipment, net 125,003 118,807
Other assets and intangible assets, net 1,515 1,522
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 187,589 179,212
CURRENT LIABILITIES    
Accounts payable 6,258 5,921
Accrued liabilities 13,602 10,397
Deferred lease incentives 1,689 1,419
Current deferred tax liability 231 231
Total current liabilities 21,780 17,968
Deferred tax liability 9,260 6,976
Accrued deferred rent 6,027 5,252
Deferred lease incentives, less current portion 22,914 22,078
Long-term debt 0 8,750
Total liabilities $ 59,981 $ 61,024
Commitments and contingencies    
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,474,069 shares issued and outstanding at June 28, 2015 and 16,440,906 shares issued and outstanding at December 28, 2014 $ 165 $ 164
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at June 28, 2015 and December 28, 2014 0 0
Paid-in capital 89,278 88,467
Retained earnings 38,165 29,557
Total stockholders’ equity 127,608 118,188
Total liabilities and stockholders’ equity $ 187,589 $ 179,212