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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2020
Mar. 29, 2020
CURRENT ASSETS    
Cash and cash equivalents (Note F) $ 76,941 $ 77,117
Accounts and other receivables, net (Note H) 8,224 11,108
Inventories 745 378
Prepaid expenses and other current assets (Note I) 1,104 1,181
Total current assets 87,014 89,784
Property and equipment, net of accumulated depreciation of $9,751 and $9,468, respectively 4,563 4,610
Operating lease assets (Note R) 8,913 9,181
Goodwill 95 95
Intangible asset 1,240 1,269
Other assets 338 343
Total assets 102,163 105,282
CURRENT LIABILITIES    
Accounts payable 2,719 3,509
Accrued expenses and other current liabilities (Note L) 5,960 9,297
Current portion of operating lease liabilities (Note R) 1,702 1,583
Deferred franchise fees 229 230
Total current liabilities 10,610 14,619
Long-term debt, net of unamortized debt issuance costs of $3,687 and $3,860, respectively (Note Q) 146,313 146,140
Operating lease liabilities (Note R) 8,208 8,532
Other liabilities (Note L) 717 696
Deferred franchise fees 1,627 1,687
Deferred income taxes 1 9
Total liabilities 167,476 171,683
STOCKHOLDERS’ DEFICIT    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,368,792 shares issued; and 4,114,711 and 4,141,387 shares outstanding at June 28, 2020 and March 29, 2020, respectively 94 94
Additional paid-in capital 62,159 62,130
(Accumulated deficit) (42,796) (45,356)
Stockholders’ equity before treasury stock 19,457 16,868
Treasury stock, at cost, 5,254,081 and 5,227,405 shares at June 28, 2020 and March 29, 2020 (84,770) (83,269)
Total stockholders’ deficit (65,313) (66,401)
Total liabilities and stockholders’ deficit $ 102,163 $ 105,282