v3.21.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 26, 2021
Dec. 27, 2020
Current assets:    
Cash and cash equivalents $ 83,779 $ 95,402
Accounts receivable, less allowance for doubtful accounts 2021 - $108; 2020 - $322 16,833 24,309
Inventory 7,541 6,930
Prepaid expenses and other 3,253 3,653
Total current assets 111,406 130,294
Property and equipment, net of accumulated depreciation 2021 - $190,345; 2020 - $177,277 118,162 119,887
Operating lease right of use assets 170,217 188,386
Goodwill 45,549 45,549
Deferred income taxes 7,105 8,616
Other assets 1,077 1,344
Total assets 501,338 542,674
Current liabilities:    
Accounts payable 7,568 4,101
Accrued payroll 13,193 15,344
Accrued expenses 10,677 6,449
Deferred revenue 52,184 59,030
Current operating lease liabilities 18,852 20,854
Other current liabilities 4,174 2,543
Total current liabilities 106,648 108,321
Long-term debt 70,000 115,000
Operating lease liabilities 189,330 209,654
Unearned franchise fees 2,177 2,186
Other liabilities 69 69
Total liabilities 368,224 435,230
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized, 34,260,713 shares issued and outstanding at September 26, 2021, 34,256,921 shares issued and outstanding at December 27, 2020 343 343
Additional paid-in capital 80,619 83,424
Retained earnings 52,152 23,677
Treasury stock, at cost; 71,950 shares at September 26, 2021 and December 27, 2020
Total shareholders' equity 133,114 107,444
Total liabilities and shareholders' equity 501,338 542,674
Franchise Rights [Member]    
Current assets:    
Intangible assets, net of accumulated amortization 42,800 44,484
Other Intangible Assets [Member]    
Current assets:    
Intangible assets, net of accumulated amortization $ 5,022 $ 4,114

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