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. 25, 2017
Dec. 25, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 19,746 $ 13,694
Accounts receivable 1,003 1,132
Lease incentives receivable 2,794 4,022
Inventories 1,278 1,451
Income tax receivable 967 2,183
Prepaid expenses and other current assets 5,313 5,207
Total current assets 31,101 27,689
Property and equipment, net 177,711 165,150
Other assets and intangible assets, net 2,047 1,920
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 256,828 240,728
CURRENT LIABILITIES    
Accounts payable 8,586 8,014
Accrued liabilities 17,618 17,757
Deferred lease incentives 2,455 2,335
Total current liabilities 28,659 28,106
Deferred tax liability, net 16,055 13,769
Accrued deferred rent 10,351 9,169
Incentive from Lessor 33,721 32,619
Total liabilities 88,786 83,663
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,904,023 shares issued and outstanding at June 25, 2017 and 16,839,348 shares issued and outstanding at December 25, 2016 169 168
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at June 25, 2017 and December 25, 2016 0 0
Paid-in capital 98,297 97,200
Retained earnings 69,576 59,697
Total stockholders’ equity 168,042 157,065
Total liabilities and stockholders’ equity $ 256,828 $ 240,728