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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2021
Dec. 29, 2020
Current assets:    
Cash and cash equivalents $ 3,117 $ 7,840
Accounts receivable 3,350 3,428
Inventories 9,415 9,643
Prepaid expenses and other assets 3,544 2,759
Income tax receivable 44 44
Total current assets 19,470 23,714
Property and equipment, net 121,724 122,917
Operating lease assets, net 190,683 195,618
Goodwill 7,154 7,154
Intangibles, net 745 757
Other assets, net 3,403 3,471
Total long-term assets 323,709 329,917
Total assets 343,179 353,631
Current liabilities:    
Accounts payable 11,458 6,402
Accrued payroll and benefits 12,745 12,876
Accrued expenses and other current liabilities 11,914 11,632
Current operating lease liabilities 25,873 26,094
Current portion of long-term debt 1,125 1,125
Total current liabilities 63,115 58,129
Long-term debt, net 36,018 40,949
Long-term operating lease liabilities, net 204,189 210,454
Deferred tax liabilities, net 230 240
Other long-term liabilities 11,502 14,160
Total liabilities 315,054 323,932
Stockholders’ equity:    
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of March 30, 2021 and December 29, 2020; no shares issued or outstanding 0 0
Common stock—$0.01 par value, 180,000,000 shares authorized as of March 30, 2021 and December 29, 2020; 47,890,488 issued and 45,466,617 outstanding as of March 30, 2021 and 46,807,587 issued and 44,383,716 outstanding as of December 29, 2020 479 468
Treasury stock, at cost, 2,423,871 shares as of March 30, 2021 and December 29, 2020 (35,000) (35,000)
Additional paid-in capital 203,362 202,970
Accumulated deficit (140,716) (138,739)
Total stockholders’ equity 28,125 29,699
Total liabilities and stockholders’ equity $ 343,179 $ 353,631