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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 03, 2016
Jan. 03, 2016
ASSETS    
Cash $ 9,731 $ 22,274
Trade and other receivables 7,955 6,161
Inventories 7,619 7,126
Prepaid rent 4,358 4,168
Prepaid expenses and other current assets 5,924 5,266
Total current assets 35,587 44,995
Property and equipment, net 231,620 220,114
Franchise rights, net 126,102 118,881
Goodwill 21,484 20,438
Franchise agreements, net 15,322 15,467
Favorable leases, net 5,398 5,652
Other assets 1,770 1,709
Total assets 437,283 427,256
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt 1,516 1,435
Accounts payable 22,201 20,436
Accrued interest 2,672 2,672
Accrued payroll, related taxes and benefits 22,719 27,582
Accrued real estate taxes 4,496 5,117
Other liabilities 15,019 14,012
Total current liabilities 68,623 71,254
Long-term debt, net of current portion 201,858 202,042
Lease financing obligations 1,194 1,193
Deferred income-sale-leaseback of real estate 12,247 12,589
Accrued postretirement benefits 3,037 3,060
Unfavorable leases, net 12,338 12,004
Other liabilities 17,295 17,115
Total liabilities 316,592 319,257
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $.01 0 0
Voting common stock, par value $.01 351 350
Additional paid-in capital 140,253 139,083
Accumulated deficit (19,437) (30,958)
Accumulated other comprehensive income (335) (335)
Treasury stock, at cost (141) (141)
Total stockholders' equity 120,691 107,999
Total liabilities and stockholders' equity $ 437,283 $ 427,256