XML 64 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 28, 2014
Dec. 29, 2013
ASSETS    
Cash $ 21,221us-gaap_Cash $ 8,302us-gaap_Cash
Receivables, Net, Current 4,034us-gaap_ReceivablesNetCurrent 2,846us-gaap_ReceivablesNetCurrent
Inventory, Net 7,785us-gaap_InventoryNet 6,494us-gaap_InventoryNet
Prepaid rent 3,164us-gaap_PrepaidRent 2,332us-gaap_PrepaidRent
Prepaid expenses and other current assets 3,009us-gaap_PrepaidExpenseAndOtherAssetsCurrent 2,874us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Refundable income taxes 2,416us-gaap_IncomeTaxesReceivable 2,631us-gaap_IncomeTaxesReceivable
Deferred income taxes 1,642us-gaap_DeferredTaxAssetsNetCurrent 3,196us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 43,271us-gaap_AssetsCurrent 28,675us-gaap_AssetsCurrent
Restricted cash 0us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 20,000us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Property and equipment, net 179,383us-gaap_PropertyPlantAndEquipmentNet 152,175us-gaap_PropertyPlantAndEquipmentNet
Franchise rights, net 102,900tast_FiniteLivedFranchiseRightsNet 90,168tast_FiniteLivedFranchiseRightsNet
Goodwill 17,793us-gaap_Goodwill 8,162us-gaap_Goodwill
Franchise agreements, net 14,602us-gaap_FiniteLivedIntangibleAssetsNet 12,802us-gaap_FiniteLivedIntangibleAssetsNet
Favorable leases, net (Note 5) 4,725us-gaap_BelowMarketLeaseNet 2,974us-gaap_BelowMarketLeaseNet
Deferred financing fees 3,399us-gaap_DeferredFinanceCostsNoncurrentNet 4,344us-gaap_DeferredFinanceCostsNoncurrentNet
Deferred income taxes 0us-gaap_DeferredTaxAssetsNetNoncurrent 6,824us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 3,324us-gaap_OtherAssetsNoncurrent 3,357us-gaap_OtherAssetsNoncurrent
Total assets 369,397us-gaap_Assets 329,481us-gaap_Assets
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt 1,272us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 1,147us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Accounts payable 19,239us-gaap_AccountsPayableCurrent 14,687us-gaap_AccountsPayableCurrent
Accrued interest 2,170us-gaap_InterestPayableCurrent 2,140us-gaap_InterestPayableCurrent
Accrued payroll, related taxes and benefits 17,321us-gaap_EmployeeRelatedLiabilitiesCurrent 18,021us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued real estate taxes 4,908us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent 4,945us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent
Other liabilities 10,273us-gaap_OtherLiabilitiesCurrent 9,709us-gaap_OtherLiabilitiesCurrent
Total current liabilities 55,183us-gaap_LiabilitiesCurrent 50,649us-gaap_LiabilitiesCurrent
Long-term debt, net of current portion 157,422us-gaap_LongTermDebtAndCapitalLeaseObligations 158,189us-gaap_LongTermDebtAndCapitalLeaseObligations
Lease financing obligations 1,202tast_LeaseFinancingObligation 1,200tast_LeaseFinancingObligation
Deferred income-sale-leaseback of real estate 15,108us-gaap_SaleLeasebackTransactionDeferredGainNet 16,824us-gaap_SaleLeasebackTransactionDeferredGainNet
Deferred income taxes 1,642us-gaap_DeferredTaxLiabilitiesNoncurrent 0us-gaap_DeferredTaxLiabilitiesNoncurrent
Accrued postretirement benefits 3,121us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 2,370us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
Unfavorable leases, net 13,027us-gaap_OffMarketLeaseUnfavorable 8,175us-gaap_OffMarketLeaseUnfavorable
Other liabilities 16,157us-gaap_OtherLiabilitiesNoncurrent 14,870us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 262,862us-gaap_Liabilities 252,277us-gaap_Liabilities
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, par value $.01 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Voting common stock, par value $.01 348us-gaap_CommonStockValue 230us-gaap_CommonStockValue
Additional paid-in capital 137,647us-gaap_AdditionalPaidInCapitalCommonStock 69,258us-gaap_AdditionalPaidInCapitalCommonStock
Retained Earnings (30,962)us-gaap_RetainedEarningsAccumulatedDeficit 7,155us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (357)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 702us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost (141)us-gaap_TreasuryStockValue (141)us-gaap_TreasuryStockValue
Total stockholders' equity 106,535us-gaap_StockholdersEquity 77,204us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 369,397us-gaap_LiabilitiesAndStockholdersEquity $ 329,481us-gaap_LiabilitiesAndStockholdersEquity