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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 27, 2020
Dec. 29, 2019
Current assets:    
Cash and cash equivalents $ 137,518 $ 85,314
Accounts receivable, net 24,258 15,713
Inventories 257,255 275,979
Prepaid expenses and other current assets 18,948 10,833
Total current assets 437,979 387,839
Property and equipment, net of accumulated depreciation 735,670 741,508
Operating lease assets, net 1,040,329 1,028,436
Intangible assets, net of accumulated amortization 184,960 185,395
Goodwill 368,878 368,078
Other assets 14,407 11,727
Total assets 2,782,223 2,722,983
Current liabilities:    
Accounts payable 163,259 122,839
Accrued liabilities 138,996 136,482
Accrued salaries and benefits 72,155 48,579
Accrued income tax 4,089 2,005
Current portion of operating lease liabilities 130,088 106,153
Current portion of finance lease liabilities 994 754
Total current liabilities 509,581 416,812
Long-term operating lease liabilities 1,074,267 1,078,927
Long-term debt and finance lease liabilities 285,704 549,419
Other long-term liabilities 50,140 41,517
Deferred income tax liability 54,585 54,356
Total liabilities 1,974,277 2,141,031
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value; 200,000,000 shares authorized, 117,950,276 shares issued and outstanding, September 27, 2020; 117,543,668 shares issued and outstanding, December 29, 2019 117 117
Additional paid-in capital 682,709 670,966
Accumulated other comprehensive income (loss) (9,484) (4,682)
Retained earnings (Accumulated deficit) 134,604 (84,449)
Total stockholders’ equity 807,946 581,952
Total liabilities and stockholders’ equity $ 2,782,223 $ 2,722,983