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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 25, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 75,446 $ 57,339
Accounts and other receivables, net (Note D) 10,173 10,502
Inventories 535 384
Prepaid expenses and other current assets (Note E) 1,007 2,873
Assets held for sale (Note F) 610
Total current assets 87,161 71,708
Property and equipment, net of accumulated depreciation of $8,611 and $8,264, respectively 4,889 6,642
Goodwill 95 95
Intangible asset 1,353 1,353
Deferred income taxes 343 0
Other assets 465 293
Total assets 94,306 80,091
CURRENT LIABILITIES    
Accounts payable 5,222 6,565
Accrued expenses and other current liabilities (Note H) 9,384 11,248
Deferred franchise fees 318 193
Total current liabilities 14,924 18,006
Long-term debt, net of unamortized debt issuance costs of $4,551 and $5,242, respectively (Note K) 145,449 144,758
Other liabilities (Note H) 1,390 1,355
Deferred franchise fees 2,687 238
Deferred income taxes 302
Total liabilities 164,450 164,659
COMMITMENTS AND CONTINGENCIES (Note M)
STOCKHOLDERS’ (DEFICIT)    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,336,338 and 9,311,922 shares issued; and 4,194,575 and 4,184,549 shares outstanding at March 31, 2019 and March 25, 2018, respectively 93 93
Additional paid-in capital 60,945 60,823
(Accumulated deficit) (52,879) (68,181)
Stockholders’ equity (deficit) before treasury stock 8,159 (7,265)
Treasury stock, at cost, 5,141,763 and 5,127,373 shares at March 31, 2019 and March 25, 2018 (78,303) (77,303)
Total stockholders’ (deficit) (70,144) (84,568)
Total liabilities and stockholders’ (deficit) $ 94,306 $ 80,091