Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.5.0.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 25, 2016
Dec. 27, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 13,944 $ 8,529
Accounts receivable 773 1,118
Lease incentives receivable 3,770 2,756
Inventories 1,208 1,194
Income tax receivable 3,389 987
Prepaid expenses and other current assets 4,823 2,639
Total current assets 27,907 17,223
Property and equipment, net 159,036 136,493
Other assets and intangible assets, net 1,844 1,763
Tradename 21,900 21,900
Goodwill 24,069 24,069
Total assets 234,756 201,448
CURRENT LIABILITIES    
Accounts payable 7,919 7,294
Accrued liabilities 16,276 15,861
Deferred lease incentives 2,201 1,853
Total current liabilities 26,396 25,008
Deferred tax liability, net 14,739 10,281
Accrued deferred rent 8,807 6,908
Incentive from Lessor 30,944 26,194
Total liabilities 80,886 68,391
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value; 60,000,000 shares authorized; 16,820,282 shares issued and outstanding at September 25, 2016 and 16,490,600 shares issued and outstanding at December 27, 2015 168 165
Preferred stock, $0.01 par value; 15,000,000 shares authorized and no shares issued or outstanding at September 25, 2016 and December 27, 2015 0 0
Paid-in capital 96,338 90,439
Retained earnings 57,364 42,453
Total stockholders’ equity 153,870 133,057
Total liabilities and stockholders’ equity $ 234,756 $ 201,448