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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2016
Dec. 29, 2015
Current assets:    
Cash and cash equivalents $ 1,893 $ 1,912
Accounts receivable 5,446 4,990
Inventories 10,795 10,494
Prepaid expenses and other assets 3,030 7,185
Income tax receivable 778 820
Total current assets 21,942 25,401
Property and equipment, net 201,831 203,713
Deferred tax assets, net 0 664
Goodwill 6,400 6,400
Intangibles 1,761 1,809
Other assets, net 1,958 1,974
Total long-term assets 211,950 214,560
Total assets 233,892 239,961
Current liabilities:    
Accounts payable 9,584 15,073
Accrued payroll and benefits 7,157 5,417
Accrued expenses and other current liabilities 11,348 12,424
Total current liabilities 28,089 32,914
Long-term debt 78,503 67,732
Deferred rent 42,432 39,597
Deferred tax liabilities, net 419 0
Other long-term liabilities 5,161 5,946
Total liabilities 154,604 146,189
Stockholders’ equity:    
Preferred stock—$0.01 par value, authorized 1,000,000 shares as of June 28, 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 June 28, 2016 and December 29, 2015; 30,249,197 issued and 27,825,326 outstanding as of June 28, 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 June 28, 2016 and December 29, 2015 (35,000) (35,000)
Additional paid-in capital 122,482 120,634
Accumulated other comprehensive loss (7) (134)
(Accumulated deficit) retained earnings (8,489) 7,971
Total stockholders’ equity 79,288 93,772
Total liabilities and stockholders’ equity $ 233,892 $ 239,961