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
Jun. 25, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 82,624 $ 78,028
Accounts receivable 2,296 2,004
Lease incentives receivable 900 900
Inventories 1,667 2,069
Prepaid expenses and other current assets 6,456 4,817
Total current assets 93,943 87,818
Property and equipment, net 196,998 185,956
Operating lease assets 142,677 146,920
Deferred tax asset, net 4,370 4,958
Other assets and intangible assets, net 3,865 3,160
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 487,822 474,781
Current liabilities:    
Accounts payable 5,219 8,059
Accrued liabilities 27,315 23,321
Operating lease liabilities 12,575 12,499
Income tax payable 102 479
Total current liabilities 45,211 44,358
Operating lease liabilities, less current portion 178,143 183,670
Other liabilities 3,061 2,192
Total liabilities 226,415 230,220
Contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 18,038,554 shares issued and outstanding at June 25, 2023 and 17,998,170 shares issued and outstanding at December 25, 2022 180 180
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at June 25, 2023 and December 25, 2022 0 0
Paid-in capital 94,476 96,586
Retained earnings 166,751 147,795
Total stockholders’ equity 261,407 244,561
Total liabilities and stockholders’ equity $ 487,822 $ 474,781