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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 26, 2022
Dec. 26, 2021
Current assets    
Cash $ 15,502 $ 56,656
Restricted cash 23,396 24,740
Accounts receivable, net of allowance for doubtful accounts of $3,311 and $4,016 as of June 26, 2022 and December 26, 2021, respectively 35,659 19,555
Trade and other notes receivable, net of allowance for doubtful accounts of $129 as of both June 26, 2022 and December 26, 2021 245 231
Assets classified as held-for-sale 5,288 5,476
Other current assets 12,678 11,853
Total current assets 92,768 118,511
Noncurrent restricted cash 12,526 18,525
Notes receivable – noncurrent, net of allowance for doubtful accounts of $271 as of both June 26, 2022 and December 26, 2021 1,867 3,493
Operating lease right-of-use assets 95,497 98,552
Goodwill 296,485 295,128
Other intangible assets, net 646,908 652,788
Property and equipment, net 83,455 80,501
Other assets 2,986 2,534
Total assets 1,232,492 1,270,032
Current liabilities    
Accounts payable 23,584 27,527
Accrued expenses and other liabilities 45,601 46,295
Deferred income, current portion 2,248 2,636
Accrued advertising 13,835 10,853
Accrued interest payable 11,723 10,678
Dividend payable on preferred shares 1,565 1,574
Liabilities related to assets classified as held-for-sale 4,601 4,780
Current portion of operating lease liability 13,890 14,341
Redeemable preferred stock 135,000 67,500
Current portion of long-term debt 903 631
Current portion of acquisition purchase price payable 350 1,173
Other 2,887 10,500
Total current liabilities 256,187 198,488
Deferred income, net of current portion 20,008 17,662
Deferred income tax liabilities, net 16,177 12,921
Operating lease liability, net of current portion 90,652 92,920
Long-term debt, net of current portion 908,629 904,265
Other liabilities 1,962 976
Total liabilities 1,293,615 1,227,232
Commitments and contingencies (Note 16)
Redeemable preferred stock 0 64,455
Stockholders’ deficit    
Preferred stock, $0.0001 par value; 15,000,000 shares authorized; 3,221,471 shares issued and outstanding at June 26, 2022 and December 26, 2021; liquidation preference $25 per share 48,259 55,661
Class A common stock and Class B common stock and additional paid-in capital as of June 26, 2022: $0.0001 par value per share; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,402,402 shares issued and outstanding (Class A 15,131,597, Class B 1,270,805). Common stock and additional paid-in capital as of December 26, 2021: $0.0001 par value; 51,600,000 shares authorized; 16,380,552 shares issued and outstanding (Class A 15,109,747, Class B 1,270,805) (24,960) (24,837)
Accumulated deficit (84,422) (52,479)
Total stockholders’ deficit (61,123) (21,655)
Total liabilities and stockholders’ deficit $ 1,232,492 $ 1,270,032