Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 8,199 $ 8,785
Accounts receivable 2,054 2,696
Lease incentives receivable 1,597 6,351
Inventories 1,541 1,605
Income tax receivable 603 1,225
Prepaid expenses and other current assets 3,736 5,924
Total current assets 17,730 26,586
Property and equipment, net 210,960 197,255
Other assets and intangible assets, net 2,425 2,157
Trade name 21,900 21,900
Goodwill 24,069 24,069
Total assets 277,084 271,967
CURRENT LIABILITIES    
Accounts payable 6,463 6,396
Accrued liabilities 17,221 16,488
Deferred lease incentives 2,959 2,773
Total current liabilities 26,643 25,657
Deferred tax liability, net 2,601 6,438
Accrued deferred rent 14,516 11,764
Deferred lease incentives, less current portion 39,473 39,146
Total liabilities 83,233 83,005
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,856,373 shares issued and outstanding at December 30, 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 December 30, 2018 and December 31, 2017 0 0
Paid-in capital 99,490 100,140
Retained earnings 94,192 88,653
Total stockholders’ equity 193,851 188,962
Total liabilities and stockholders’ equity $ 277,084 $ 271,967