v3.22.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 27, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 66,786 $ 92,133
Accounts receivable, less allowance for doubtful accounts 2022 - $127; 2021 - $106 26,828 41,588
Inventory 7,890 8,554
Prepaid expenses and other 3,108 3,919
Total current assets 104,612 146,194
Property and equipment, net of accumulated depreciation 2022 - $196,932; 2021 - $195,853 128,113 121,706
Operating lease right of use assets 188,270 173,754
Goodwill 45,549 45,549
Other assets 1,704 1,547
Total assets 514,883 535,979
Current liabilities:    
Accounts payable 6,903 11,685
Accrued payroll 10,053 17,097
Accrued expenses 10,045 12,924
Deferred revenue 61,298 69,029
Current operating lease liabilities 16,999 17,006
Other current liabilities 5,064 7,674
Total current liabilities 110,362 135,415
Long-term debt 50,000 70,000
Operating lease liabilities 209,144 192,666
Unearned franchise fees 2,444 2,219
Deferred income taxes 316 399
Other liabilities 69 69
Total liabilities 372,335 400,768
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized, 33,659,346 shares issued and outstanding at March 27, 2022, 33,575,337 shares issued and outstanding at December 26, 2021 337 336
Additional paid-in capital 69,955 68,923
Retained earnings 72,256 65,952
Treasury stock, at cost; 71,950 shares at March 27, 2022 and December 26, 2021 0 0
Total shareholders' equity 142,548 135,211
Total liabilities and shareholders' equity 514,883 535,979
Franchise Rights [Member]    
Current assets:    
Franchise rights, net of accumulated amortization 2022 - $9,341; 2021 - $8,779 41,677 42,239
Lease And Other Intangible Assets [Member]    
Current assets:    
Franchise rights, net of accumulated amortization 2022 - $9,341; 2021 - $8,779 $ 4,958 $ 4,990

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