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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2019
Jan. 02, 2019
Jan. 01, 2019
Apr. 03, 2018
Jan. 02, 2018
Current assets:          
Cash and cash equivalents $ 1,800 $ 4,655 $ 4,655 $ 2,624 $ 3,361
Accounts receivable 2,254 2,616 2,391    
Inventories 9,870 9,646 9,646    
Prepaid expenses and other assets 3,066 3,231 6,474    
Income tax receivable 191 185 185    
Total current assets 17,181 20,333 23,351    
Property and equipment, net 138,381 139,618 138,774    
Operating lease assets, net 218,311 219,883 0    
Goodwill 7,154 6,400 6,400    
Intangibles, net 1,179 1,224 1,291    
Other assets, net 2,360 2,216 2,216    
Total long-term assets 367,385 369,341 148,681    
Total assets 384,566 389,674 172,032    
Current liabilities:          
Accounts payable 10,563 7,854 7,854    
Accrued payroll and benefits 7,833 13,391 13,391    
Accrued expenses and other current liabilities 8,524 10,630 11,183    
Current operating lease liabilities 21,528 0 0    
Current portion of long-term debt 750 719 719    
Total current liabilities 49,198 32,594 33,147    
Long-term debt, net 47,035 44,183 44,183    
Long-term operating lease liabilities, net 237,341 260,931 0    
Deferred rent 0 148 37,334    
Deferred tax liabilities, net 133 133 133    
Other long-term liabilities 5,263 4,996 4,554    
Total liabilities 338,970 342,985 119,351    
Stockholders’ equity:          
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of October 2, 2018 and January 2, 2018; no shares issued or outstanding 0 0 0    
Common stock—$0.01 par value, 180,000,000 shares authorized as of October 2, 2018 and January 2, 2018; 46,340,013 issued and 43,916,142 outstanding as of October 2, 2018 and 43,550,329 issued and 41,126,458 outstanding as of January 2, 2018 464 464 464    
Treasury stock, at cost, 2,423,871 shares as of October 2, 2018 and January 2, 2018 (35,000) (35,000) (35,000)    
Additional paid-in capital 199,110 198,352 198,352    
Accumulated deficit (118,978) (117,127) (111,135)    
Total stockholders’ equity 45,596 46,689 52,681 $ 31,407 $ 35,861
Total liabilities and stockholders’ equity $ 384,566 $ 389,674 $ 172,032