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
Sep. 24, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 69,863 $ 78,028
Accounts receivable 2,148 2,004
Lease incentives receivable 900 900
Inventories 1,681 2,069
Income tax receivable 117 0
Prepaid expenses and other current assets 5,821 4,817
Total current assets 80,530 87,818
Property and equipment, net 200,125 185,956
Operating lease assets 139,491 146,920
Deferred tax asset, net 3,802 4,958
Other assets and intangible assets, net 4,386 3,160
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 474,303 474,781
Current liabilities:    
Accounts payable 5,917 8,059
Accrued liabilities 29,280 23,321
Operating lease liabilities 12,553 12,499
Income tax payable 0 479
Total current liabilities 47,750 44,358
Operating lease liabilities, less current portion 173,971 183,670
Other liabilities 3,355 2,192
Total liabilities 225,076 230,220
Contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 17,501,620 shares issued and outstanding at September 24, 2023 and 17,998,170 shares issued and outstanding at December 25, 2022 175 180
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at September 24, 2023 and December 25, 2022 0 0
Paid-in capital 75,227 96,586
Retained earnings 173,825 147,795
Total stockholders’ equity 249,227 244,561
Total liabilities and stockholders’ equity $ 474,303 $ 474,781