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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jul. 01, 2012
Jan. 01, 2012
ASSETS    
Cash $ 58,048 $ 24,661
Restricted Cash and Cash Equivalents, Current 20,000 0
Receivables, Net, Current 4,121 6,673
Inventory, Net 6,941 5,601
Prepaid rent 3,007 4,077
Prepaid expenses and other current assets 3,328 5,522
Refundable income taxes 2,554 2,239
Deferred income taxes 3,106 3,484
Total current assets 81,105 52,257
Property and equipment, net 123,981 190,310
Franchise rights, net (Note 4) 100,110 67,238
Goodwill (Note 4) 1,450 124,934
Franchise agreements, at cost less accumulated amortization of $6,584 and $6,504, respectively 14,348 5,225
Deferred financing fees 5,404 8,670
Other assets 3,103 9,758
Total assets 349,501 458,392
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt (Note 5) 1,028 6,553
Accounts payable 15,069 14,759
Accrued interest 1,641 7,178
Accrued payroll, related taxes and benefits 12,538 21,796
Accrued real estate taxes 3,513 4,812
Other liabilities 8,646 8,779
Total current liabilities 42,435 63,877
Long-term debt, net of current portion (Note 5) 159,899 261,966
Lease financing obligations (Note 8) 1,195 10,064
Deferred income-sale-leaseback of real estate 18,810 37,372
Deferred income taxes 7,609 2,234
Accrued postretirement benefits 1,862 2,055
Other liabilities (Note 7) 11,760 21,667
Total liabilities 243,570 399,235
Stockholders' equity:    
Preferred stock, par value $.01; authorized 20,000,000 shares, issued and outstanding-none 0 0
Voting common stock, par value $.01; authorized-100,000,000 shares, issued-23,161,822 and 22,135,663 shares, respectively, and outstanding-22,727,419 and 21,750,237 shares, respectively 227 218
Additional paid-in capital 67,298 6,954
Retained Earnings (Accumulated Deficit) 37,394 51,041
Accumulated other comprehensive income 1,153 1,085
Treasury stock, at cost (141) (141)
Total stockholders' equity 105,931 59,157
Total liabilities and stockholders' equity $ 349,501 $ 458,392