Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.8.0.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 8,436 $ 8,785
Accounts receivable 1,076 2,696
Lease incentives receivable 3,191 6,351
Income tax receivable 1,055 1,225
Inventories 1,435 1,605
Prepaid expenses and other current assets 6,269 5,924
Total current assets 21,462 26,586
Property and equipment, net 204,628 197,255
Other assets and intangible assets, net 2,194 2,157
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 274,253 271,967
CURRENT LIABILITIES    
Accounts payable 6,586 6,396
Accrued liabilities 15,153 16,488
Deferred lease incentives 2,840 2,773
Total current liabilities 24,579 25,657
Deferred tax liability, net 6,693 6,438
Accrued deferred rent 12,647 11,764
Deferred lease incentives, less current portion 39,724 39,146
Total liabilities 83,643 83,005
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,925,099 shares issued and outstanding at April 1, 2018 and 16,923,741 shares issued and outstanding at December 31, 2017 169 169
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at April 1, 2018 and December 31, 2017 0 0
Paid-in capital 98,605 100,140
Retained earnings 91,836 88,653
Total stockholders’ equity 190,610 188,962
Total liabilities and stockholders’ equity $ 274,253 $ 271,967