v3.23.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 26, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 16,000 $ 23,002
Accounts receivable, less allowance for doubtful accounts 2023 - $38; 2022 - $57 28,653 45,013
Inventory 8,439 9,138
Prepaid expenses and other 3,112 4,662
Total current assets 56,204 81,815
Property and equipment, net of accumulated depreciation 2023 - $211,809; 2022 - $205,849 152,132 148,837
Operating lease right of use assets 197,998 195,703
Goodwill 45,549 45,549
Deferred income taxes 3,784 3,388
Other assets 1,463 1,519
Total assets 501,543 521,806
Current liabilities:    
Accounts payable 7,947 8,736
Accrued payroll 13,155 17,107
Accrued expenses 17,096 16,997
Deferred revenue 65,056 74,375
Current operating lease liabilities 14,308 16,557
Other current liabilities 4,704 4,497
Total current liabilities 122,266 138,269
Long-term debt 15,000 30,000
Operating lease liabilities 222,205 218,804
Unearned franchise fees 2,197 2,257
Other liabilities 237 145
Total liabilities 361,905 389,475
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized, 32,120,035 shares issued and outstanding at March 26, 2023, 32,010,919 shares issued and outstanding at December 25, 2022 321 320
Additional paid-in capital 47,135 45,727
Retained earnings 92,182 86,284
Treasury stock, at cost; 71,950 shares at March 26, 2023 and December 25, 2022 0 0
Total shareholders' equity 139,638 132,331
Total liabilities and shareholders' equity 501,543 521,806
Franchise Rights [Member]    
Current assets:    
Finite-lived intangible assets, net of accumulated amortization 39,432 39,993
Lease And Other Intangible Assets [Member]    
Current assets:    
Finite-lived intangible assets, net of accumulated amortization $ 4,981 $ 5,002

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