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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 26, 2020
Mar. 28, 2020
Current assets:    
Cash and cash equivalents $ 76,342 $ 69,563
Accounts receivable, net 13,876 12,087
Inventories 246,008 288,717
Prepaid expenses and other current assets 15,008 14,284
Total current assets 351,234 384,651
Property and equipment, net 109,793 109,603
Right-of-use assets, net 170,311 170,243
Goodwill 197,502 197,502
Intangible assets, net 60,907 60,974
Other assets 2,425 1,738
Total assets 892,172 924,711
Current liabilities:    
Line of credit   129,900
Accounts payable 103,095 95,334
Accrued expenses and other current liabilities 94,831 52,612
Short-term lease liabilities 36,796 34,779
Total current liabilities 234,722 312,625
Deferred taxes 18,651 19,801
Long-term portion of notes payable, net 109,591 109,022
Long-term lease liabilities 165,176 160,935
Other liabilities 1,424 635
Total liabilities 529,564 603,018
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.0001 par value; December 26, 2020 - 100,000 shares authorized, 29,044 shares issued; March 28, 2020 - 100,000 shares authorized, 28,880 shares issued 3 3
Preferred stock, $0.0001 par value; 10,000 shares authorized, no shares issued or outstanding
Additional paid-in capital 175,865 169,249
Retained earnings 188,475 153,641
Less: Common stock held in treasury, at cost, 93 and 71 shares at December 26, 2020 and March 28, 2020, respectively (1,735) (1,200)
Total stockholders' equity 362,608 321,693
Total liabilities and stockholders' equity $ 892,172 $ 924,711