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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2019
Mar. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents (Note F) $ 79,471 $ 75,446
Accounts and other receivables, net (Note H) 12,170 10,173
Inventories 615 535
Prepaid expenses and other current assets (Note I) 595 1,007
Total current assets 92,851 87,161
Property and equipment, net of accumulated depreciation of $9,221 and $8,611, respectively 4,450 4,889
Operating lease assets 7,520
Goodwill 95 95
Intangible asset, net 1,325 1,353
Deferred income taxes 359 343
Other assets 460 465
Total assets 107,060 94,306
CURRENT LIABILITIES    
Current portion of operating lease liabilities 1,009
Accounts payable 4,914 5,222
Accrued expenses and other current liabilities (Note J) 7,749 9,384
Deferred franchise fees 301 318
Total current liabilities 13,973 14,924
Long-term debt, net of unamortized debt issuance costs of $4,205 and $4,551, respectively (Note O) 145,795 145,449
Long-term operating lease liabilities 7,251
Other liabilities 773 1,390
Deferred franchise fees 2,215 2,687
Total liabilities 170,007 164,450
COMMITMENTS AND CONTINGENCIES (Note Q)
STOCKHOLDERS’ (DEFICIT)    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,368,792 and 9,336,338 shares issued; and 4,227,029 and 4,194,575 shares outstanding at September 29, 2019 and March 31, 2019, respectively 94 93
Additional paid-in capital 62,072 60,945
(Accumulated deficit) (46,810) (52,879)
Stockholders’ equity before treasury stock 15,356 8,159
Treasury stock, at cost, 5,141,763 shares at September 29, 2019 and March 31, 2019 (78,303) (78,303)
Total stockholders’ (deficit) (62,947) (70,144)
Total liabilities and stockholders’ (deficit) $ 107,060 $ 94,306