XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 24, 2020
Dec. 25, 2019
Current assets:    
Cash and cash equivalents $ 173,984 $ 37,099
Marketable securities 16,833 36,508
Accounts receivable 8,291 9,970
Inventories, net 2,346 2,221
Prepaid expenses and other current assets 2,622 1,877
Total current assets 204,076 87,675
Property and equipment, net 322,162 314,862
Operating lease assets 298,602 274,426
Deferred income taxes, net 286,887 279,817
Other assets 12,208 11,488
TOTAL ASSETS 1,123,935 968,268
Current liabilities:    
Accounts payable 20,735 14,300
Accrued expenses 19,807 24,140
Accrued wages and related liabilities 7,649 11,451
Operating lease liabilities, current 37,082 30,002
Other current liabilities 11,400 19,499
Total current liabilities 96,673 99,392
Long-term operating lease liabilities 332,751 304,914
Liabilities under tax receivable agreement, net of current portion 228,096 226,649
Other long-term liabilities 15,130 15,328
Total liabilities 672,650 646,283
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of June 24, 2020 and December 25, 2019. 0 0
Additional paid-in capital 384,338 244,410
Retained earnings 37,196 54,367
Accumulated other comprehensive income 3 2
Total stockholders' equity attributable to Shake Shack Inc. 421,578 298,817
Non-controlling interests 29,707 23,168
Total equity 451,285 321,985
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,123,935 968,268
Class A Common Stock    
Stockholders' equity:    
Common stock 38 35
Class B Common Stock    
Stockholders' equity:    
Common stock $ 3 $ 3