XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 03, 2021
Jan. 03, 2021
ASSETS    
Cash and cash equivalents $ 89,373 $ 64,964
Trade and other receivables 18,335 19,862
Inventories 13,674 11,595
Prepaid Rent 8,452 8,046
Prepaid expenses and other current assets 10,374 7,309
Refundable income taxes 134 169
Total current assets 140,342 111,945
Property and equipment, net 341,328 349,555
Franchise rights, net 329,849 334,597
Goodwill 123,971 122,619
Franchise agreements, net 31,519 31,584
Operating leases 799,663 799,962
Other assets 7,792 6,823
Total assets 1,774,464 1,757,085
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt and finance lease liabilities 5,031 5,525
Less: current portion 43,945 41,815
Accounts payable 30,487 27,596
Accrued payroll, related taxes and benefits 44,532 49,417
Accrued real estate taxes 9,055 7,774
Other liabilities 57,374 24,214
Total current liabilities 190,424 156,341
Long-term debt and finance lease liabilities, net of current portion 510,899 475,695
Operating lease liabilities 810,678 809,969
Deferred income taxes, net 7,825 11,362
Accrued postretirement benefits 1,264 1,523
Other liabilities 25,945 30,663
Total liabilities 1,547,035 1,485,553
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $.01 0 0
Voting common stock, par value $.01 520 515
Additional paid-in capital 286,123 306,469
Accumulated deficit (44,996) (18,367)
Accumulated other comprehensive income (91) (3,015)
Treasury stock, at cost (14,127) (14,070)
Total stockholders' equity 227,429 271,532
Total liabilities and stockholders' equity $ 1,774,464 $ 1,757,085