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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 25, 2024
Dec. 27, 2023
Current assets:    
Cash and cash equivalents $ 7,895 $ 7,288
Accounts and other receivables, net 10,608 10,148
Inventories 1,851 1,911
Prepaid expenses and other current assets 2,639 5,634
Income tax receivable 493 153
Total current assets 23,486 25,134
Property and equipment, net 85,007 84,027
Property and equipment held under finance lease, net 1,467 1,528
Property and equipment held under operating leases, net ("ROU asset") 166,333 168,007
Goodwill 248,674 248,674
Trademarks 61,888 61,888
Other assets 3,119 3,043
Total assets 589,974 592,301
Current liabilities:    
Current portion of obligations under finance leases 155 140
Current portion of obligations under operating leases 19,869 19,490
Accounts payable 8,548 12,541
Accrued salaries and vacation 10,802 9,332
Accrued insurance 12,108 11,831
Accrued income taxes payable 513 70
Accrued interest 285 394
Current portion of income tax receivable agreement payable 23 422
Other accrued expenses and current liabilities 23,284 18,361
Total current liabilities 75,587 72,581
Revolver loan 76,000 84,000
Obligations under finance leases, net of current portion 1,559 1,617
Obligations under operating leases, net of current portion 166,236 168,084
Deferred taxes 9,146 8,878
Other noncurrent liabilities 6,236 6,445
Total liabilities 334,764 341,605
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized; 100,000 shares designated as Series A Preferred Stock; none issued or outstanding
Common stock, $0.01 par value, 200,000,000 shares authorized; 29,950,476 and 31,353,223 shares issued and outstanding as of September 25, 2024 and December 27, 2023, respectively 299 313
Additional paid-in-capital 221,218 236,421
Retained earnings 33,693 13,962
Total stockholders' equity 255,210 250,696
Total liabilities and stockholders' equity $ 589,974 $ 592,301