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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 29, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 8,621 $ 10,459
Accounts receivable 3,366 3,503
Inventories 9,680 9,871
Prepaid expenses and other assets 3,952 5,386
Income tax receivable 76 103
Total current assets 25,695 29,322
Property and equipment, net 123,422 128,867
Operating lease assets, net 202,993 209,717
Goodwill 7,154 7,154
Intangibles, net 840 883
Other assets, net 3,066 2,576
Total long-term assets 337,475 349,197
Total assets 363,170 378,519
Current liabilities:    
Accounts payable 13,138 9,351
Accrued payroll and benefits 8,369 13,479
Accrued expenses and other current liabilities 13,142 11,679
Current operating lease liabilities 25,357 22,775
Current portion of long-term debt 938 750
Total current liabilities 60,944 58,034
Long-term debt, net 41,213 40,497
Long-term operating lease liabilities, net 219,473 225,014
Deferred tax liabilities, net 272 200
Other long-term liabilities 8,406 4,203
Total liabilities 330,308 327,948
Stockholders’ equity:    
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of September 29, 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 September 29, 2020 and December 31, 2019; 46,795,534 issued and 44,371,663 outstanding as of September 29, 2020 and 46,557,934 issued and 44,134,063 outstanding as of December 31, 2019 468 466
Treasury stock, at cost, 2,423,871 shares as of September 29, 2020 and December 31, 2019 (35,000) (35,000)
Additional paid-in capital 202,314 200,585
Accumulated deficit (134,920) (115,480)
Total stockholders’ equity 32,862 50,571
Total liabilities and stockholders’ equity $ 363,170 $ 378,519