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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2019
Jan. 02, 2018
Assets    
Cash and cash equivalents $ 4,655 $ 3,361
Accounts receivable 2,391 2,434
Inventories 9,646 9,929
Prepaid expenses and other assets 6,474 6,258
Income tax receivable 185 76
Total current assets 23,351 22,058
Property and equipment, net 138,774 152,593
Goodwill 6,400 6,400
Intangibles, net 1,291 1,565
Other assets, net 2,216 2,617
Total long-term assets 148,681 163,175
Total assets 172,032 185,233
Current liabilities:    
Accounts payable 7,854 10,929
Accrued payroll and benefits 13,391 11,719
Accrued expenses and other current liabilities 11,183 21,221
Current portion of long-term debt 719 0
Total current liabilities 33,147 43,869
Long-term debt, net 44,183 57,624
Deferred rent 37,334 38,872
Deferred tax liabilities, net 133 416
Other long-term liabilities 4,554 8,591
Total liabilities 119,351 149,372
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 2, 2018 and January 3, 2017; no shares issued or outstanding 0 0
Stockholders’ equity:    
Common stock—$0.01 par value, authorized 180,000,000 shares as of January 2, 2018 and January 3, 2017; 43,550,329 issued and 41,126,458 outstanding as of January 2, 2018 and 30,300,925 issued and 27,877,054 outstanding as of January 3, 2017 464 436
Treasury stock, at cost, 2,423,871 shares as of January 2, 2018 and January 3, 2017, respectively (35,000) (35,000)
Additional paid-in capital 198,352 171,613
Accumulated deficit (111,135) (101,188)
Total stockholders’ equity 52,681 35,861
Total liabilities and stockholders’ equity $ 172,032 $ 185,233