Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 25, 2016
Dec. 27, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 13,694 $ 8,529
Accounts receivable 1,132 1,118
Lease incentives receivable 4,022 2,756
Inventories 1,451 1,194
Income tax receivable 2,183 987
Prepaid expenses and other current assets 5,207 2,639
Total current assets 27,689 17,223
Property and equipment, net 165,150 136,493
Other assets and intangible assets, net 1,920 1,763
Trade name 21,900 21,900
Goodwill 24,069 24,069
Total assets 240,728 201,448
CURRENT LIABILITIES    
Accounts payable 8,014 7,294
Accrued liabilities 17,757 15,861
Deferred lease incentives 2,335 1,853
Total current liabilities 28,106 25,008
Deferred tax liability, net 13,769 10,281
Accrued deferred rent 9,169 6,908
Deferred lease incentives, less current portion 32,619 26,194
Long-term debt 0 0
Total liabilities 83,663 68,391
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,839,348 shares issued and outstanding at December 25, 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 December 25, 2016 and December 27, 2015 0 0
Paid-in capital 97,200 90,439
Retained earnings 59,697 42,453
Total stockholders’ equity 157,065 133,057
Total liabilities and stockholders’ equity $ 240,728 $ 201,448