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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2018
Jan. 02, 2018
Current assets:    
Cash and cash equivalents $ 2,624 $ 3,361
Accounts receivable 1,689 2,434
Inventories 9,948 9,929
Prepaid expenses and other assets 5,631 6,258
Income tax receivable 102 76
Total current assets 19,994 22,058
Property and equipment, net 148,847 152,593
Goodwill 6,400 6,400
Intangibles, net 1,521 1,565
Other assets, net 2,575 2,617
Total long-term assets 159,343 163,175
Total assets 179,337 185,233
Current liabilities:    
Accounts payable 9,664 10,929
Accrued payroll and benefits 8,000 11,719
Accrued expenses and other current liabilities 20,893 21,221
Total current liabilities 38,557 43,869
Long-term debt, net 62,871 57,624
Deferred rent 38,585 38,872
Deferred tax liabilities, net 171 416
Other long-term liabilities 7,746 8,591
Total liabilities 147,930 149,372
Stockholders’ equity:    
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of April 3, 2018 and January 2, 2018; no shares issued or outstanding 0 0
Common stock—$0.01 par value, 180,000,000 shares authorized as of April 3, 2018 and January 2, 2018; 43,559,312 issued and 41,135,441 outstanding as of April 3, 2018 and 43,550,329 issued and 41,126,458 outstanding as of January 2, 2018 436 436
Treasury stock, at cost, 2,423,871 shares as of April 3, 2018 and January 2, 2018 (35,000) (35,000)
Additional paid-in capital 172,240 171,613
Accumulated deficit (106,269) (101,188)
Total stockholders’ equity 31,407 35,861
Total liabilities and stockholders’ equity $ 179,337 $ 185,233