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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2024
Jan. 02, 2024
Current assets:    
Cash and cash equivalents $ 16,185 $ 29,070
Accounts and other receivables, net 15,616 19,469
Inventories, net 13,380 13,245
Prepaid expenses and other current assets 14,869 21,237
Total current assets 60,050 83,021
Property and equipment, net 529,190 525,190
Operating lease assets 347,456 350,091
Goodwill 4,673 4,673
Equity method investment 4,477 4,770
Deferred income taxes, net 54,978 50,147
Other assets, net 43,312 40,562
Total assets 1,044,136 1,058,454
Current liabilities:    
Accounts payable 50,617 60,641
Accrued expenses 88,858 101,295
Current operating lease obligations 32,279 37,389
Total current liabilities 171,754 199,325
Long-term operating lease obligations 409,015 414,114
Long-term debt 63,500 68,000
Other liabilities 13,378 11,254
Total liabilities 657,647 692,693
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, 5,000 shares authorized, none issued or outstanding
Common stock, no par value, 125,000 shares authorized and 23,138 and 23,184 shares issued and outstanding as of July 2, 2024 and January 2, 2024, respectively
Capital surplus 72,037 77,036
Retained earnings 314,452 288,725
Total shareholders’ equity 386,489 365,761
Total liabilities and shareholders’ equity $ 1,044,136 $ 1,058,454