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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2022
Jan. 03, 2021
ASSETS    
Cash $ 29,151 $ 64,964
Receivables, Net, Current 16,644 19,862
Inventory, Net 14,023 11,595
Prepaid rent 1,581 8,046
Prepaid expenses and other current assets 6,802 7,309
Refundable income taxes 147 169
Total current assets 68,348 111,945
Property and equipment, net 337,702 349,555
Franchise rights, net 326,769 334,597
Goodwill 124,451 122,619
Franchise agreements, net 30,788 31,584
Operating right-of-use assets, net 791,763 799,962
Other assets 7,243 6,823
Total assets 1,687,064 1,757,085
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt 5,794 5,525
Less: current portion 44,688 41,815
Accounts payable 31,164 27,596
Accrued interest 9,433 656
Accrued payroll, related taxes and benefits 50,855 49,417
Accrued real estate taxes 8,256 7,774
Other liabilities 18,433 23,558
Total current liabilities 168,623 156,341
Total Long-term Debt 465,317 475,695
Operating Lease, Liability, Noncurrent 802,959 809,969
Deferred Income Tax Liabilities, Net 7,617 11,362
Accrued postretirement benefits 1,552 1,523
Other liabilities 26,772 30,663
Total liabilities 1,472,840 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 287,816 306,469
Retained Earnings (61,396) (18,367)
Accumulated other comprehensive income 1,411 (3,015)
Treasury stock, at cost (14,127) (14,070)
Total stockholders' equity 214,224 271,532
Total liabilities and stockholders' equity $ 1,687,064 $ 1,757,085