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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Jun. 25, 2019
Dec. 25, 2018
Current assets:    
Cash and cash equivalents $ 10,671 $ 8,535
Inventory 23,055 22,461
Income taxes receivable 766 2,861
Lease incentives receivable 5,407 6,775
Prepaid expenses 3,623 8,284
Other current assets 5,091 9,043
Total current assets 48,613 57,959
Property and equipment:    
Buildings and improvements 7,432 17,500
Leasehold improvements 283,027 251,417
Furniture, fixtures, and equipment 91,333 85,164
Construction in progress 17,043 24,906
Property and equipment, gross 398,835 378,987
Less accumulated depreciation (102,525) (91,184)
Property and equipment, net 296,310 287,803
Operating lease right-of-use assets, net 166,204  
Goodwill 159,279 156,131
Intangible assets, net 205,710 206,573
Other assets 20,502 17,566
Total assets 896,618 726,032
Current liabilities:    
Accounts payable 38,368 43,527
Deferred revenue 13,605 16,624
Sales tax payable 2,736 3,215
Accrued payroll 9,167 11,258
Current portion of deferred rent obligations 0 4,193
Other current liabilities 10,292 6,026
Current portion of operating leases 27,030  
Current portion of finance leases 1,028  
Current portion of finance leases   1,714
Current portion of long-term debt 3,353 3,100
Total current liabilities 105,579 89,657
Noncurrent liabilities:    
Long-term debt, net 350,755 320,736
Noncurrent operating leases 198,264  
Finance leases 7,157  
Finance leases   11,828
Deferred rent obligations 0 56,442
Deferred income taxes, net 23,427 23,900
Other liabilities 12,520 9,887
Total liabilities 697,702 512,450
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding at June 25, 2019 or December 25, 2018 0 0
Common stock, $0.001 par value, 190,000,000 shares authorized, 37,571,574 shares issued and 33,422,315 shares outstanding at June 25, 2019 and 37,444,400 shares issued and 33,321,795 shares outstanding at December 25, 2018 37 37
Treasury stock at cost: 4,149,259 and 4,122,605 shares at June 25, 2019 and December 25, 2018, respectively (67,823) (67,823)
Additional paid in capital 250,647 248,618
Retained earnings 17,384 33,379
Accumulated other comprehensive loss, net of tax (1,329) (629)
Total stockholders' equity 198,916 213,582
Total liabilities and stockholders' equity $ 896,618 $ 726,032