v3.22.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 26, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 44,866 $ 92,133
Accounts receivable, less allowance for doubtful accounts 2022 - $99; 2021 - $106 34,263 41,588
Inventory 8,199 8,554
Prepaid expenses and other 4,543 3,919
Total current assets 91,871 146,194
Property and equipment, net of accumulated depreciation 2022 - $201,473; 2021 - $195,853 135,879 121,706
Operating lease right of use assets 192,461 173,754
Goodwill 45,549 45,549
Deferred income taxes 221 0
Other assets 1,653 1,547
Total assets 513,812 535,979
Current liabilities:    
Accounts payable 8,780 11,685
Accrued payroll 12,188 17,097
Accrued expenses 15,001 12,924
Deferred revenue 58,689 69,029
Current operating lease liabilities 17,168 17,006
Other current liabilities 3,105 7,674
Total current liabilities 114,931 135,415
Long-term debt 40,000 70,000
Operating lease liabilities 215,787 192,666
Unearned franchise fees 2,377 2,219
Deferred income taxes 0 399
Other liabilities 69 69
Total liabilities 373,164 400,768
Commitments and contingencies (Note 11) 0 0
Shareholders' equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized, 33,142,303 shares issued and outstanding at June 26, 2022, 33,575,337 shares issued and outstanding at December 26, 2021 331 336
Additional paid-in capital 62,406 68,923
Retained earnings 77,911 65,952
Treasury stock, at cost; 71,950 shares at June 26, 2022 and December 26, 2021 0 0
Total shareholders' equity 140,648 135,211
Total liabilities and shareholders' equity 513,812 535,979
Franchise Rights [Member]    
Current assets:    
Franchise rights, net of accumulated amortization 2022 - $9,902; 2021 - $8,779 41,116 42,239
Lease And Other Intangible Assets [Member]    
Current assets:    
Franchise rights, net of accumulated amortization 2022 - $9,902; 2021 - $8,779 $ 5,062 $ 4,990

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