Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 27, 2015
Dec. 28, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 8,529 $ 3,815
Accounts receivable 1,118 922
Lease incentives receivable 2,756 4,164
Inventories 1,194 926
Prepaid expenses and other current assets 2,639 3,087
Total current assets 16,236 12,914
Property and equipment, net 136,493 118,807
Other assets and intangible assets, net 1,763 1,522
Trade name 21,900 21,900
Goodwill 24,069 24,069
Total assets 200,461 179,212
CURRENT LIABILITIES    
Accounts payable 7,294 5,921
Accrued liabilities 14,874 10,397
Deferred lease incentives 1,853 1,419
Total current liabilities 24,021 17,737
Deferred tax liability, net 10,281 7,207
Accrued deferred rent 6,908 5,252
Deferred lease incentives, less current portion 26,194 22,078
Long-term debt 0 8,750
Total liabilities $ 67,404 $ 61,024
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,490,600 shares issued and outstanding at December 27, 2015 and 16,440,906 shares issued and outstanding at December 28, 2014 $ 165 $ 164
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at December 27, 2015 and December 28, 2014 0 0
Paid-in capital 90,439 88,467
Retained earnings 42,453 29,557
Total stockholders’ equity 133,057 118,188
Total liabilities and stockholders’ equity $ 200,461 $ 179,212