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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 29, 2015
Current assets:    
Cash and cash equivalents $ 1,905 $ 1,912
Accounts receivable 5,214 4,990
Inventories 10,725 10,494
Prepaid expenses and other assets 7,014 7,185
Income tax receivable 1,858 820
Total current assets 26,716 25,401
Property and equipment, net 206,457 203,713
Deferred tax assets, net 664 664
Goodwill 6,400 6,400
Intangibles 1,783 1,809
Other assets, net 1,961 1,974
Total long-term assets 217,265 214,560
Total assets 243,981 239,961
Current liabilities:    
Accounts payable 10,081 15,073
Accrued payroll and benefits 9,926 5,417
Accrued expenses and other current liabilities 11,264 12,424
Total current liabilities 31,271 32,914
Long-term debt 74,091 67,732
Deferred rent 41,201 39,597
Other long-term liabilities 5,307 5,946
Total liabilities 151,870 146,189
Stockholders’ equity:    
Preferred stock—$0.01 par value, authorized 1,000,000 shares as of March 29, 2016 and December 29, 2015; no shares issued or outstanding 0 0
Common stock—$0.01 par value, authorized 180,000,000 shares as of March 29, 2016 and December 29, 2015; 30,157,006 issued and 27,733,135 outstanding as of March 29, 2016 and 30,138,672 issued and 27,714,801 outstanding as of December 29, 2015 302 301
Treasury stock, at cost, 2,423,871 shares as of March 29, 2016 and December 29, 2015 (35,000) (35,000)
Additional paid-in capital 121,240 120,634
Accumulated other comprehensive loss (29) (134)
Retained earnings 5,598 7,971
Total stockholders’ equity 92,111 93,772
Total liabilities and stockholders’ equity $ 243,981 $ 239,961