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
Sep. 24, 2017
Dec. 25, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 17,401 $ 13,694
Accounts receivable 1,486 1,132
Lease incentives receivable 2,934 4,022
Inventories 1,314 1,451
Income tax receivable 521 2,183
Prepaid expenses and other current assets 6,446 5,207
Total current assets 30,102 27,689
Property and equipment, net 185,219 165,150
Other assets and intangible assets, net 2,104 1,920
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 263,394 240,728
CURRENT LIABILITIES    
Accounts payable 9,224 8,014
Accrued liabilities 16,602 17,757
Deferred lease incentives 2,545 2,335
Total current liabilities 28,371 28,106
Deferred tax liability, net 16,437 13,769
Accrued deferred rent 11,129 9,169
Deferred lease incentives, less current portion 35,390 32,619
Total liabilities 91,327 83,663
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,906,760 shares issued and outstanding at September 24, 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 September 24, 2017 and December 25, 2016 0 0
Paid-in capital 99,127 97,200
Retained earnings 72,771 59,697
Total stockholders’ equity 172,067 157,065
Total liabilities and stockholders’ equity $ 263,394 $ 240,728