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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 95,292 $ 105,326
Independent operator receivables and current portion of independent operator notes, net of allowance $1,176 and $985 5,925 5,443
Other accounts receivable, net of allowance $94 and $39 2,645 5,950
Merchandise inventories 243,270 245,157
Prepaid expenses and other current assets 17,519 20,081
Total current assets 364,651 381,957
Independent operator notes, net of allowance $7,827 and $7,124 20,688 27,440
Property and equipment, net 458,313 433,652
Operating lease right-of-use assets 849,654 835,397
Intangible assets, net 47,765 48,226
Goodwill 747,943 747,943
Deferred income tax assets, net 2,500 3,529
Other assets 7,223 7,480
Total assets 2,498,737 2,485,624
Current liabilities:    
Trade accounts payable 109,841 114,278
Accrued expenses 36,079 35,699
Accrued compensation 9,399 26,447
Current lease liabilities 35,382 48,675
Income and other taxes payable 6,353 7,547
Total current liabilities 197,054 232,646
Long-term debt, net 449,743 449,233
Long-term lease liabilities 903,854 881,438
Total liabilities 1,550,651 1,563,317
Commitments and Contingencies
Stockholders’ equity:    
Voting common stock, par value $0.001 per share, 500,000,000 shares authorized; 95,501,473 and 94,854,336 shares issued and outstanding, respectively 96 95
Additional paid-in capital 793,933 787,047
Retained earnings 154,057 135,165
Total stockholders’ equity 948,086 922,307
Total liabilities and stockholders’ equity $ 2,498,737 $ 2,485,624