Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 16, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 49,024 $ 48,826
Accounts receivable, net 12,520 21,427
Inventories 25,380 26,447
Income tax receivable 473 562
Prepaid expenses and other current assets 13,337 12,938
Restricted cash 9,422 9,380
Total current assets 110,156 119,580
Property and equipment, net 307,954 318,517
Operating lease assets, net 355,917 361,432
Intangible assets, net 17,082 17,727
Other assets, net 12,785 14,889
Total assets 803,894 832,145
Current liabilities:    
Accounts payable 32,290 39,336
Accrued payroll and payroll-related liabilities 37,975 33,666
Unearned revenue 30,444 43,358
Current portion of operating lease obligations 48,121 47,394
Current portion of long-term debt 2,875 3,375
Accrued liabilities and other 48,537 49,498
Total current liabilities 200,242 216,627
Long-term debt 203,188 203,155
Long-term portion of operating lease obligations 383,621 393,157
Other non-current liabilities 12,157 13,831
Total liabilities 799,208 826,770
Commitments and contingencies (see Note 8. Commitments and Contingencies)
Stockholders' equity:    
Common stock; $0.001 par value: 45,000 shares authorized; 20,449 shares issued; 16,063 and 15,934 shares outstanding as of April 16, 2023 and December 25, 2022 20 20
Preferred stock, $0.001 par value: 3,000 shares authorized; no shares issued and outstanding as of April 16, 2023 and December 25, 2022 0 0
Treasury stock 4,386 and 4,515 shares, at cost, as of April 16, 2023 and December 25, 2022 (177,480) (182,810)
Paid-in capital 235,876 238,803
Accumulated other comprehensive loss, net of tax (26) (34)
Retained deficit (53,704) (50,604)
Total stockholders' equity 4,686 5,375
Total liabilities and stockholders' equity $ 803,894 $ 832,145