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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2020
Dec. 29, 2019
Current assets    
Cash and cash equivalents $ 45,816 $ 18,806
Accounts receivable, net of allowances of $258 and $202 as of March 29, 2020 and December 29, 2019, respectively 2,651 4,257
Inventories 3,245 3,473
Prepaid expenses and other current assets 8,454 5,687
Total current assets 60,166 32,223
Property and equipment, net 73,006 79,032
Right-of-use assets for operating leases 208,239 211,988
Indefinite-lived intangible assets 3,404 3,404
Goodwill 2,222 2,222
Deferred expenses, net and other assets 4,032 4,010
Total assets 351,069 332,879
Current liabilities    
Accounts payable 3,375 3,886
Accrued expenses 15,656 20,398
Short-term operating lease liabilities 29,701 29,319
Accrued income taxes 171 171
Debt from revolving credit facility 39,786  
Total current liabilities 88,689 53,774
Long-term operating lease liabilities 202,902 206,726
Other long-term liabilities 3,274 3,210
Total liabilities 294,865 263,710
Commitments and contingencies (Note 10)
Equity    
Common stock, $0.01 par value—authorized 200,000 shares; outstanding 23,684 and 23,638 shares as of March 29, 2020 and December 29, 2019, respectively 331 331
Additional paid-in-capital 435,768 435,278
Treasury stock, held at cost, 9,488 and 9,465 shares as of March 29, 2020, and December 29, 2019, respectively (112,751) (112,680)
Accumulated deficit (267,422) (254,081)
Total stockholders’ equity 55,926 68,848
Non-controlling interest 278 321
Total equity 56,204 69,169
Total liabilities and equity $ 351,069 $ 332,879