Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.5.0.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 26, 2016
Dec. 27, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 13,769 $ 8,529
Accounts receivable 844 1,118
Lease incentives receivable 4,433 2,756
Inventories 1,217 1,194
Prepaid expenses and other current assets 4,873 2,639
Total current assets 25,136 16,236
Property and equipment, net 152,472 136,493
Other assets and intangible assets, net 1,841 1,763
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 225,418 200,461
CURRENT LIABILITIES    
Accounts payable 9,369 7,294
Accrued liabilities 18,501 14,874
Deferred lease incentives 2,079 1,853
Total current liabilities 29,949 24,021
Deferred tax liability, net 10,385 10,281
Accrued deferred rent 8,115 6,908
Incentive from Lessor 29,163 26,194
Total liabilities 77,612 67,404
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,759,690 shares issued and outstanding at June 26, 2016 and 16,490,600 shares issued and outstanding at December 27, 2015 168 165
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at June 26, 2016 and December 27, 2015 0 0
Paid-in capital 94,873 90,439
Retained earnings 52,765 42,453
Total stockholders’ equity 147,806 133,057
Total liabilities and stockholders’ equity $ 225,418 $ 200,461