XML 27 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - Unaudited - USD ($)
Jun. 28, 2015
Dec. 28, 2014
Franchise Rights [Member]    
Current assets:    
Finite-lived intangible assets $ 32,418,000 $ 32,418,000
Other Intangible Assets [Member]    
Current assets:    
Finite-lived intangible assets 2,419,000 2,476,000
Cash and cash equivalents 5,130,000 4,301,000
Accounts receivable, less allowance for doubtful accounts 2015 - $756; 2014 - $760 16,265,000 20,458,000
Inventory 7,112,000 7,206,000
Assets held for sale 250,000 15,119,000
Prepaid expenses and other 2,251,000 1,291,000
Deferred income taxes 3,640,000 3,775,000
Total current assets 34,648,000 52,150,000
Property and equipment, net of accumulated depreciation 2015 - $120,724; 2014 - $114,708 82,252,000 80,354,000
Goodwill 24,293,000 24,293,000
Trademarks 118,000 118,000
Deferred income taxes 12,331,000 25,054,000
Other assets 1,432,000 1,704,000
Total assets 189,911,000 218,567,000
Liabilities and Shareholders' Equity    
Accounts payable 9,545,000 13,414,000
Accrued payroll 12,883,000 15,304,000
Accrued expenses 7,427,000 11,065,000
Deferred revenue $ 25,556,000 34,552,000
Liabilities associated with assets held for sale   4,869,000
Other current liabilities $ 5,189,000 7,277,000
Total current liabilities 60,600,000 86,481,000
Long-term debt 0 13,000,000
Deferred rent 20,618,000 19,990,000
Other liabilities 2,666,000 2,785,000
Total liabilities $ 83,884,000 $ 122,256,000
Commitments and contingencies (Note 11)    
Shareholders' equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized, 34,211,598 shares issued and outstanding at June 28, 2015; 34,333,858 shares issued and outstanding at December 28, 2014 $ 342,000 $ 343,000
Additional paid-in capital 151,417,000 155,455,000
Accumulated deficit $ (45,732,000) $ (59,487,000)
Treasury stock, at cost; 71,950 shares at June 28, 2015 and December 28, 2014    
Total shareholders' equity $ 106,027,000 $ 96,311,000
Total liabilities and shareholders' equity $ 189,911,000 $ 218,567,000