XML 23 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 50,530 $ 10,459
Accounts receivable 1,926 3,503
Inventories 9,538 9,871
Prepaid expenses and other assets 2,707 5,386
Income tax receivable 155 103
Total current assets 64,856 29,322
Property and equipment, net 128,669 128,867
Operating lease assets, net 210,254 209,717
Goodwill 7,154 7,154
Intangibles, net 868 883
Other assets, net 2,378 2,576
Total long-term assets 349,323 349,197
Total assets 414,179 378,519
Current liabilities:    
Accounts payable 9,350 9,351
Accrued payroll and benefits 7,119 13,479
Accrued expenses and other current liabilities 9,898 11,679
Current operating lease liabilities 22,982 22,775
Current portion of long-term debt 750 750
Total current liabilities 50,099 58,034
Long-term debt, net 85,382 40,497
Long-term operating lease liabilities, net 228,232 225,014
Deferred tax liabilities, net 214 200
Other long-term liabilities 5,346 4,203
Total liabilities 369,273 327,948
Stockholders’ equity:    
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of March 31, 2020 and December 31, 2019; no shares issued or outstanding 0 0
Common stock—$0.01 par value, 180,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 46,583,879 issued and 44,160,008 outstanding as of March 31, 2020 and 46,557,934 issued and 44,134,063 outstanding as of December 31, 2019 466 466
Treasury stock, at cost, 2,423,871 shares as of March 31, 2020 and December 31, 2019 (35,000) (35,000)
Additional paid-in capital 200,755 200,585
Accumulated deficit (121,315) (115,480)
Total stockholders’ equity 44,906 50,571
Total liabilities and stockholders’ equity $ 414,179 $ 378,519