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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2023
Jan. 01, 2023
Current assets:    
Cash and cash equivalents $ 73,020 $ 18,364
Trade and other receivables 22,616 19,933
Inventories 13,076 14,417
Prepaid expenses and other current assets 18,625 15,562
Total current assets 127,337 68,276
Property and equipment, net 300,388 312,346
Franchise rights, net 302,109 312,804
Goodwill 107,751 107,751
Franchise agreements, net 26,461 28,256
Operating leases 749,679 763,935
Other assets 11,921 14,350
Total assets 1,625,646 1,607,718
Current liabilities:    
Current portion of long-term debt and finance lease liabilities 7,236 7,341
Current portion of operating lease liabilities 48,811 47,408
Accounts payable 31,779 30,491
Accrued interest 5,128 9,643
Accrued payroll, related taxes and benefits 53,482 49,934
Accrued real estate taxes 9,468 8,896
Other liabilities 37,946 25,687
Total current liabilities 193,850 179,400
Long-term debt and finance lease liabilities, net of current portion 462,800 479,756
Operating lease liabilities 764,554 776,465
Deferred income taxes, net 12,188 7,665
Other liabilities 10,206 13,590
Total liabilities 1,443,598 1,456,876
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $.01 0 0
Voting common stock, par value $.01 539 530
Additional paid-in capital 296,668 292,708
Accumulated deficit (108,532) (136,968)
Accumulated other comprehensive income 7,798 8,702
Treasury stock, at cost (14,425) (14,130)
Total stockholders' equity 182,048 150,842
Total liabilities and stockholders' equity $ 1,625,646 $ 1,607,718