CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 25, 2020	Dec. 25, 2019
Current assets:
Cash and cash equivalents	$ 87,806	$ 37,099
Marketable securities	16,423	36,508
Accounts receivable	6,820	9,970
Inventories, net	2,045	2,221
Prepaid expenses and other current assets	2,316	1,877
Total current assets	115,410	87,675
Property and equipment, net	329,039	314,862
Operating lease assets	302,216	274,426
Deferred income taxes, net	281,285	279,817
Other assets	12,058	11,488
TOTAL ASSETS	1,040,008	968,268
Current liabilities:
Accounts payable	15,330	14,300
Accrued expenses	24,228	24,140
Accrued wages and related liabilities	6,338	11,451
Operating lease liabilities, current	43,197	30,002
Other current liabilities	13,735	19,499
Total current liabilities	102,828	99,392
Long-term debt	50,000	0
Long-term operating lease liabilities	322,191	304,914
Liabilities under tax receivable agreement, net of current portion	226,959	226,649
Other long-term liabilities	15,424	15,328
Total liabilities	717,402	646,283
Commitments and contingencies
Stockholders' equity:
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of March 25, 2020 and December 25, 2019.	0	0
Additional paid-in capital	246,970	244,410
Retained earnings	53,407	54,367
Accumulated other comprehensive income	3	2
Total stockholders' equity attributable to Shake Shack Inc.	300,418	298,817
Non-controlling interests	22,188	23,168
Total equity	322,606	321,985
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,040,008	968,268
Class A Common Stock
Stockholders' equity:
Common stock	35	35
Class B Common Stock
Stockholders' equity:
Common stock	$ 3	$ 3