XML 21 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 24, 2017
Mar. 26, 2017
CURRENT ASSETS    
Cash $ 61,677 $ 56,915
Accounts and other receivables, net 11,527 8,948
Inventories 604 579
Prepaid expenses and other current assets (Note G) 473 1,093
Total current assets 74,281 67,535
Property and equipment, net of accumulated depreciation of $8,204 and $7,522, respectively 8,466 8,844
Goodwill 95 95
Intangible asset 1,353 1,353
Other assets 293 298
Total assets 84,488 78,125
CURRENT LIABILITIES    
Accounts payable 5,128 4,809
Accrued expenses and other current liabilities (Note H) 5,184 5,865
Total current liabilities 10,512 10,772
Long-term debt, net of unamortized debt issuance costs of $2,926 and $3,525, respectively (Note N) 132,074 131,475
Other liabilities (Note H) 1,455 1,555
Deferred income taxes 854 814
Total liabilities 144,895 144,616
COMMITMENTS AND CONTINGENCIES (Note O)
STOCKHOLDERS’ (DEFICIT)    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,311,922 and 9,303,870 shares issued; and 4,184,549 and 4,176,497 shares outstanding at September 24, 2017 and March 26, 2017, respectively 93 93
Additional paid-in capital 60,624 60,582
(Accumulated deficit) (43,821) (49,863)
Stockholders’ equity before treasury stock 16,896 10,812
Treasury stock, at cost, 5,127,373 shares at September 24, 2017 and March 26, 2017, respectively (77,303) (77,303)
Total stockholders’ (deficit) (60,407) (66,491)
Total liabilities and stockholders’ (deficit) 84,488 78,125
Deferred Franchise Fees [Member]    
CURRENT LIABILITIES    
Deferred franchise fees $ 200 $ 98