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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2019
Jul. 02, 2019
Jan. 02, 2019
Jan. 01, 2019
Oct. 02, 2018
Jul. 03, 2018
Jan. 02, 2018
Current assets:              
Cash and cash equivalents $ 3,086   $ 4,655 $ 4,655 $ 1,918   $ 3,361
Accounts receivable 2,279   2,616 2,391      
Inventories 9,875   9,646 9,646      
Prepaid expenses and other assets 4,291   3,231 6,474      
Income tax receivable 191   185 185      
Total current assets 19,722   20,333 23,351      
Property and equipment, net 134,682   139,618 138,774      
Operating lease assets, net 212,760   219,883 0      
Goodwill 7,154   6,400 6,400      
Intangibles, net 963   1,224 1,291      
Other assets, net 2,346   2,216 2,216      
Total long-term assets 357,905   369,341 148,681      
Total assets 377,627   389,674 172,032      
Current liabilities:              
Accounts payable 8,145   7,854 7,854      
Accrued payroll and benefits 9,725   13,391 13,391      
Accrued expenses and other current liabilities 9,563   10,630 11,183      
Current operating lease liabilities 22,431   0 0      
Current portion of long-term debt 1,125   719 719      
Total current liabilities 50,989   32,594 33,147      
Long-term debt, net 41,963   44,183 44,183      
Long-term operating lease liabilities, net 229,157   260,931 0      
Deferred rent 0   148 37,334      
Deferred tax liabilities, net 197   133 133      
Other long-term liabilities 4,275   4,996 4,554      
Total liabilities 326,581   342,985 119,351      
Stockholders’ equity:              
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of July 2, 2019 and January 1, 2019; no shares issued or outstanding 0   0 0      
Common stock—$0.01 par value, 180,000,000 shares authorized as of July 2, 2019 and January 1, 2019; 46,508,586 issued and 44,084,715 outstanding as of July 2, 2019 and 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019 465   464 464      
Treasury stock, at cost, 2,423,871 shares as of July 2, 2019 and January 1, 2019 (35,000)   (35,000) (35,000)      
Additional paid-in capital 199,878   198,352 198,352      
Accumulated deficit (114,297)   (117,127) (111,135)      
Total stockholders’ equity 51,046 $ 46,903 46,689 52,681 $ 51,975 $ 26,169 $ 35,861
Total liabilities and stockholders’ equity $ 377,627   $ 389,674 $ 172,032