Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 26, 2021
Dec. 27, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 106,621 $ 86,817
Accounts receivable 1,811 1,507
Lease incentives receivable 0 200
Inventories 1,676 1,449
Income tax receivable 1,083 974
Prepaid expenses and other current assets 3,273 3,614
Total current assets 114,464 94,561
Property and equipment, net 179,369 185,105
Operating lease assets 148,444 159,156
Deferred tax asset, net 5,400 7,806
Other assets and intangible assets, net 1,678 1,078
Trade name 21,900 21,900
Goodwill 24,069 24,069
Total assets 495,324 493,675
Current liabilities:    
Accounts payable 4,127 2,977
Accrued liabilities 25,242 25,775
Operating lease liabilities 13,003 14,566
Total current liabilities 42,372 43,318
Operating lease liabilities, less current portion 188,735 207,601
Other liabilities 1,423 898
Total liabilities 232,530 251,817
Contingencies 0 0
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 19,538,058 shares issued and outstanding at December 26, 2021 and 19,710,549 shares issued and outstanding at December 27, 2020 195 197
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at December 26, 2021 and December 27, 2020 0 0
Paid-in capital 135,659 144,897
Retained earnings 126,940 96,764
Total stockholders’ equity 262,794 241,858
Total liabilities and stockholders’ equity $ 495,324 $ 493,675