Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2023	Jan. 01, 2023
ASSETS
Cash and cash equivalents	$ 40,932	$ 18,364
Trade and other receivables	23,343	19,933
Inventories	13,015	14,417
Prepaid expenses and other current assets	17,878	15,562
Total current assets	95,168	68,276
Property and equipment, net	298,643	312,346
Franchise rights, net	305,592	312,804
Goodwill	107,751	107,751
Franchise agreements, net	27,037	28,256
Operating leases	757,678	763,935
Other assets	12,748	14,350
Total assets	1,604,617	1,607,718
LIABILITIES AND STOCKHOLDERS' EQUITY
Current portion of long-term debt and finance lease liabilities (Notes 6 and 7)	7,311	7,341
Current portion of operating lease liabilities (Note 6)	48,512	47,408
Accounts payable	32,831	30,491
Accrued interest	9,486	9,643
Accrued payroll, related taxes and benefits	45,509	49,934
Accrued real estate taxes	8,231	8,896
Other liabilities	29,026	25,687
Total current liabilities	180,906	179,400
Long-term debt and finance lease liabilities, net of current portion	464,264	479,756
Operating lease liabilities	772,857	776,465
Deferred income taxes, net	8,957	7,665
Other liabilities	9,601	13,590
Total liabilities	1,436,585	1,456,876
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $.01	0	0
Voting common stock, par value $.01	538	530
Additional paid-in capital	294,799	292,708
Accumulated deficit	(121,150)	(136,968)
Accumulated other comprehensive income	8,270	8,702
Treasury stock, at cost	(14,425)	(14,130)
Total stockholders' equity	168,032	150,842
Total liabilities and stockholders' equity	$ 1,604,617	$ 1,607,718